Benevolence Fund

When is a donation from a benevolence fund taxable to the individual recipient?

Comments for Benevolence Fund

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Feb 03, 2015
Benevolence Gifts to Individuals
by: MarcusNtexas

Good question and I don't know the official answer; however, if the recipient performed no services in return for the "gift" then I would think that such gifts would not be taxable until they reached the annual gift limit shown in IRS regulations. Anything exceeding that annual limit could possibly be considered as taxable income to the recipient. In 2015 I believe that limit is $14,000........


Feb 14, 2015
Benevolence Fund = $925.00
by: Sharon

So if a love offering (benevolence fund) was given to an church member=>$600 (instead of directly to the funeral home) then a 1099 is not necessary, correct?

Feb 14, 2015
Benevolence Gifts to Individuals
by: MarcusNtexas

Not sure I understand the connection to the funeral home........

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