Description
This online article, written by Ministry Brands, delves into key policies, strategies, and practices for congregations interested in implementing a benevolence fund. The article is written in sections that highlight how to set up the fund, how to create a giving policy, what IRS guidelines to follow, and how to manage and evaluate the fund.
Features
- Benevolence policy essentials
- Overview of IRS guidelines for benevolence programs
- Common mistakes of benevolence programs
Practical Applications
- Learn about the ins and outs of a benevolence fund to evaluate your congregation's interest and readiness to organize this specialized ministry.
- Read the advantages, disadvantages, common mistakes, and best practices for benevolence funds to evaluate your congregation's readiness to allocate funds.