If your church or ministry is involved in directly handling funds for missionaries (deputized fund raisers) you should take some time to review this material & watch the below video. We at Elim Fellowship have become aware of a number of IRS regulation that may change the way some people have handled these funds in the past. Lack of information has jeopardized the tax-exempt status of various ministries, and we don’t want yours to be the next. We have dug deep getting a lot of input from larger missions organizations as well as special not-for-profit tax consultants.
This document provides links and further explanation about this topic. It also includes some of the resources mentioned in the below instructional video.
This instructional video is hosted by EF’s Global Ministries Director, Tom Brazell, Global Ministries Assistant Director, Tim Case and EF Administrator, Chris Leidlein.