New minister welcome fund
by Joanne
(Chicago)
Our church recently hired a married couple as co-ministers. Funds were collected to pay for their:
1. Moving expenses
2. Ordination and Installation (party and speakers)
3. Office renovation
I am wondering if the Moving Expense part would be deductible. The other 2 might be ok. I just became treasurer and some of the "special" or restricted gifts in small amounts are adding a lot of time to accounting. I have already learned that an individual's $1000 gift to pay the music director's salary should not have been deductible.