This is our third and final post dealing with how your church can responsibly handle noncash donations from other organizations. People often call such donations gifts in kind or in-kind donations. (See a definition here.) So far, in part 1 and part 2, we’ve only talked about donations of money. But what if instead of… ⪼ Continue Reading…
Contributions
Training Videos – IconCMO Church Management System
Below you will a list of recorded training videos on how to use the IconCMO Church Management Software Solution. These videos are updated regularly as we are always taking steps to make our software better! **Please note that our main menu has recently changed. As a result, some videos may still show the old menu… ⪼ Continue Reading…
When Organizations Donate to Your Church (part 2)
This is part 2 of a series regarding how churches respond when other organizations collect donations on their behalf. Last week, we looked at a scenario where people donate to a nonprofit, which in turn sends the total of those donations to the church for one of the church’s functions. Now let’s put a twist… ⪼ Continue Reading…
When Organizations Donate to Your Church
Donations to a church don’t necessarily always come from members, or even outside donors. They can also come from organizations – either nonprofit or for-profit. The organizations may be donating to the church directly from their own funds, or they may be collecting donations on behalf of the church. If the latter’s true, the original… ⪼ Continue Reading…
How to Record Fundraiser Proceeds in IconCMO
You may be tempted to include the payments in with the regular offerings, but there’s just one little problem with that. You put an IRS disclosure on your donation statements saying something along the lines of “No goods or services were provided by the church in return for the donation.” Which poses another question: Can… ⪼ Continue Reading…
Don’t Rely on Luck to Turn Your Pledges Into Donations
Are you hoping for a pot of gold at the end of a rainbow or are you planning to catch the elusive leprechaun? If you aren’t feeling lucky, a sure way to turn pledges into donations is to provide quarterly giving statements to your members. Let’s face it, your members do not wake up thinking about what… ⪼ Continue Reading…