Get the eBook today!

Take a peek of what’s inside:

No items found.

Fund Accounting Without The Hassle

General tools just won't cut it- You need true fund accounting

Aplos is specifically built to serve the unique financial needs and dynamics of nonprofit groups and faith-based organizations. You can confidently manage your books, financial health, and bottom line the right way, the first time and every time.

check list icon

Perfect for both large and small organizations

check list icon

Advanced accounting tools and beautiful reports for organizations that need them

check list icon

World-class fund and donor accounting features specific to the needs of nonprofits and churches

True fund accounting software for nonprofits and churches
image background line

Clean, clear board reports

Aplos is a robust accounting system that allows you to keep track of your grants, programs, and fundraising so you can give your board clarity on your finances. 

aplos-software-preview
aplos-software-snapshot

Find the Plan That's Right for You

Lite
$79/month
$79/month*

No credit card required. Cancel anytime.

check list icon

Fund accounting

check list icon

Financial Reporting

check list icon

Donation Tracking

check list icon

Contribution Statements

check list icon

Online Giving Forms & Widgets

check list icon

Event Registration

check list icon

People CRM Database

Core
$99/month
$74.25/month*

No credit card required. Cancel anytime.

check list icon

Fund accounting

check list icon

Donation tracking

check list icon

Online giving forms

check list icon

Financial & giving reports

check list icon

Event registration

check list icon

Budgeting

check list icon

Accounts payable & receivable

check list icon

Recurring transactions

check list icon

Pledge tracking

check list icon

Partner integrations

Advanced

For organizations tracking budgets and financials for grants, programs, departments, or multiple locations.

Customized solutions start at $189/month. Contact our sales team for a personalized quote.

check list icon

Fund accounting

check list icon

Donation tracking

check list icon

Online giving forms

check list icon

Financial & giving reports

check list icon

Event registration

check list icon

Budgeting

check list icon

Accounts payable & receivable

check list icon

Recurring transactions

check list icon

Pledge tracking

check list icon

Partner integrations

check list icon

Budgeting by fund

check list icon

Project, campaign, or department budgeting & reporting

check list icon

Fixed asset tracking

check list icon

Income & expense allocations

check list icon

and more...

*Promotional pricing. Offer valid for new customers only.
quote icon
star iconstar iconstar iconstar iconstar icon

Source:

Trusted worldwide by

fargo moorhead science museum logoywca southern azembrace mhbig brothers big sisters of central cacacwa-logotrlibrary logochildren's cancer fund llogola catholics logoreading in motion logo
fargo moorhead science museumywca southern azembrace mhbig brothers big sisters of central cacacwa-logotrlibrary logochildren's cancer fund llogola catholics logoreading in motion logo
Academy
Church Management
Church Benevolence Fund Guidelines
What is fund accounting and who do nonprofits need it
Church Management
5
min read

Church Benevolence Fund Guidelines

Aplos Success Team
Published on
August 16, 2016
Collapse

Church Benevolence Fund Guidelines

Aplos Success Team
Published on
August 16, 2016
Expand Video

What are common guidelines when dealing with church benevolence funds? Let’s start by defining what church benevolence is.

Get better church management with Aplos. Try it free for 15 days.

What is a church benevolence fund?

Benevolence is defined quite simply as an act of kindness or generosity. Church benevolence programs provide folks in need with the basic necessities of life. The most common benevolence requests from church members and non-church members include:

  • Utilities
  • Rent
  • Lodging
  • Food
  • Medical Expenses
  • Transportation
  • Funerals

What about giving cash?

A common church benevolence fund guideline is that the fund can be used to give cash to a needy person, but as with all other benevolent gifts, the purpose of the cash must be to help provide for the basic necessities of life. As an example, a church could provide a cash gift to a family who recently suffered the loss of their house due to a tornado or other natural disaster. The family could then utilize the funds for groceries, clothing, and other necessities.

In other cases where larger sums of benevolent payments are being made in the form of rent or utility bills, many churches wonder if they should be recording the payments they’re making to those individuals on a 1099.

The answer is no. Benevolence payments made to individuals are not taxable income. Not only do they NOT need to track it, they also do not need to ask them for a W-9—which means churches don’t have to report it on a 1099.

Does your church have a benevolence fund?

Did you know you can track benevolence funds in the Aplos Software Suite? That’s right, Aplos can help you set it up, track its activity, and eve n help you transfer various amounts in and out of it!

Be sure to give Aplos a try today, if you haven’t already. Our bookkeeping services team is waiting to help you with any issue you may have, including navigating church benevolence funds and their guidelines.

If you’d like to read more on the topic of church benevolence, check out this a rticle from our friends at Foundation Group.

Try Aplos for Free

Make Your Church Financially Healthy

Sign up for this free webinar to learn some of the critical factors that make a church financially healthy. We discuss how to be good stewards of your church’s resources and explore some best practices for overseeing your finances. This webinar will teach you how to:

  • Create and implement a stewardship plan
  • Demonstrate accountability for managing your funds
  • Leverage reports so you can make strong financial choices for your church
  • Review and monitor giving trends within your congregation and membership
Collapse
Expand Video

Heading 1

Heading 2

Heading 3

Heading 4

Heading 5
Heading 6

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

Block quote

Ordered list

  1. Item 1
  2. Item 2
  3. Item 3

Unordered list

  • Item A
  • Item B
  • Item C

Text link

Bold text

Emphasis

Superscript

Subscript

Aplos Success Team
Aplos Accounting free 15-day trial
We'll manage your finances so you can focus on your mission
Try It For Free