Churches and annual conferences often establish funds intended to give pastors and Bishops complete discretion and authority, usually to provide confidential financial help to those in need or fund programs that previously had not been budgeted. But a discretionary funds can cause clergy to unknowingly run afoul of IRS regulations and can result in unintended tax consequences.
Join General Counsel Bryan Mills of the General Council on Finance and Administration (GCFA) of The United Methodist Church as he explains what you need to know to protect your donors and your ministry on Tuesday, May 23, at 11 AM CDT (9 AM PDT | 6 AM HST) via Zoom.
When: Tuesday, May 23, 2023 @ 9:00 AM PDT | 6:00 AM HST
Where: Online, please register here
Topics to cover:
- What are Clergy Discretionary Funds
- Why are Clergy Discretionary Funds important to you?
- IRS regulations and tax consequences