This memo discusses the major "products" that a church or ministry organization such as ____________________(the "Ministry") may offer its donors as part of an overall fundraising program. For each product, this memo describes the key features, the services that the Ministry would be required to supply (such as fund management), the particular tax benefits to the donors, and certain other significant legal considerations. A summary of certain points of this memo appears at the end ease of reference.
This memo is intended to present an introduction to the opportunities associated with current and planned giving for a religious organization such as the Ministry. Because the information in this memo is only in brief summary form, we recommend that you discuss with your legal counsel any of these products in more detail before the Ministry begins to use a particular product.
There are generally four different categories of donations available to Ministry ...