Benevolence Policy

Benevolence Policy

Richard D. Locke is a certified public accountant with over forty years of experience. His firm, Locke & Associates, P.C., is a full service accounting firm which specializes in taxation and nonprofit services. The firm has six certified public accountants servicing approximately one thousand clients in the United States and thirty countries. You can reach Richard D. Locke, CPA at 918-488-0880. One of the frequent questions we are asked from pastors and church administrators is how the church should record a love gift to an individual. It is not unusual for a church bookkeeper to call our office and relay a scenario similar to the following: "A guest speaker came to our church, and after the service, the pastor took him out and bought him a new suit. Can we record this as a benevolent gift?" Oftentimes a church will make gifts of clothing, furniture, vacations or cash to employees and volunteer workers that are in addition to the person’s normal salary. These are often recorded by the church as "gifts," or "benevolence," instead of wages or payroll.

Benevolence Policy

Benevolence Policy

Benevolence Policy

Benevolence Policy

Benevolence Policy

Benevolence Policy

Benevolence Policy

Benevolence Policy

Benevolence Policy