Are we required to keep offering envelopes?
Are we required to keep offering envelopes if we document on the check each fund and amount the donation was for? We keep a copy of each check with the deposit.
According to Richard Hammar, an attorney, CPA: Keep for at least 6 months after you issue your donors periodic (i.e., quarterly, semi-annual, or annual) summary of contributions, and include in this summary a statement similar to the following: "Any documentation, including offering envelopes, that the church relied upon in preparing this summary will be disposed of within six months. Therefore, please review this summary carefully, and inform the church treasurer of any apparent discrepancies within six months of the date of this summary."
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