Not just anyone can become an Faith Based Organization (FBO)! If the organization is not actually founded on religion and the practice of that religion, one could end up in jail for tax-evasion. The IRS recognizes that there is a separation between ...
According to the IRS, yes it does! But a donor can only give a maximum of 50% of their income as tax-deductible donations. Additionally, Here is a quote from page 2 from the IRS Tax Guide for Churches and Religious Organizations: "Churches and ...
Yes, but a synonym for minister is someone who is an administrator of a trust. The administrator and minister mean the same thing. Therefore, by being an admin for the trust - one also qualifies as the minister of that trust.
One who is in dire straits should always seek assistance! We would utilize the following organizations if starting from "zero": FOOD = Local Food Bank/Pantry (contact local churches in area) from private institutions, SNAP (Supplemental Nutrition ...