Year-End Contributions – What you need to know.
*Please note that the CFC Office will be OPEN on Tuesday, December 31 , so all checks dated
December 31 and received in the office on December 31 will be considered a 2024 contribution.
Receipts
To deduct any charitable donation of money on your tax return, regardless of amount, the IRS requires
that a donor have either a bank record or written communication from the charity. Bank records include
canceled checks, bank or credit union statements, and credit card statements. For any single contribution
over $250, the donor must have a written acknowledgement from the charity. CFC will assist those who
have donated a total of $200 or more to the church during 2024 by mailing contribution statements in
January 2025. Please do not file your income taxes until you have received this receipt. If you have given
less than $200, your bank records are sufficient for the IRS. However, if you would still like a statement
from CFC, you may call and request one be sent. CFC posts all contributions to individual accounts
(excluding cash contributions where the donor is unknown) and this information can be available to you at
any time.
Year of deductibility of year-end contributions
The IRS states that contributions are deductible in the year made. Checks will count as a 2024
contribution if they are mailed in 2024 and are postmarked before 12/31/24. Donations made online or
charged to a credit card will count as a 2024 contribution if they are posted in 2024. At CFC we will follow
these guidelines as we want to have full integrity regarding the timeliness and cut-off of year-end
contributions.
Examples:
1) A check written and/or dated December 31, 2024, but deposited in the church offering in January
2025 will not be a year 2024 contribution.
2) A check written and postmarked December 31, 2024, is a year 2024 contribution, even if it is not
received until January 2025.
3) A check written December 31, 2024, but not postmarked until January 2025 is a year 2025
contribution.
4) Credit card contributions that are posted before the end of 2024 count for 2024, even if the credit
card bill is not paid until 2025.
Designated Giving
Our Elders have established four approved funds to which you can designate your giving. They are the
general fund, missions fund, building fund, and benevolence fund. Donations made to these funds are
tax-deductible. According to IRS guidelines, such gifts remain under the authority and control of CFC.
Non-contribution issues
Checks received by Christian Fellowship Church as payments where the donor receives goods or
services are not contributions and not tax deductible per the IRS. Examples are preschool tuition, camps
and retreats, curriculum fees for classes, purchase of shirts, bookstore purchases, coffee shop
purchases, etc.
If you have any questions regarding these issues, please feel free to contact the church, at (812) 867-
6464.
*Please note that the CFC Office will be OPEN on Tuesday, December 31 , so all checks dated
December 31 and received in the office on December 31 will be considered a 2024 contribution.
Receipts
To deduct any charitable donation of money on your tax return, regardless of amount, the IRS requires
that a donor have either a bank record or written communication from the charity. Bank records include
canceled checks, bank or credit union statements, and credit card statements. For any single contribution
over $250, the donor must have a written acknowledgement from the charity. CFC will assist those who
have donated a total of $200 or more to the church during 2024 by mailing contribution statements in
January 2025. Please do not file your income taxes until you have received this receipt. If you have given
less than $200, your bank records are sufficient for the IRS. However, if you would still like a statement
from CFC, you may call and request one be sent. CFC posts all contributions to individual accounts
(excluding cash contributions where the donor is unknown) and this information can be available to you at
any time.
Year of deductibility of year-end contributions
The IRS states that contributions are deductible in the year made. Checks will count as a 2024
contribution if they are mailed in 2024 and are postmarked before 12/31/24. Donations made online or
charged to a credit card will count as a 2024 contribution if they are posted in 2024. At CFC we will follow
these guidelines as we want to have full integrity regarding the timeliness and cut-off of year-end
contributions.
Examples:
1) A check written and/or dated December 31, 2024, but deposited in the church offering in January
2025 will not be a year 2024 contribution.
2) A check written and postmarked December 31, 2024, is a year 2024 contribution, even if it is not
received until January 2025.
3) A check written December 31, 2024, but not postmarked until January 2025 is a year 2025
contribution.
4) Credit card contributions that are posted before the end of 2024 count for 2024, even if the credit
card bill is not paid until 2025.
Designated Giving
Our Elders have established four approved funds to which you can designate your giving. They are the
general fund, missions fund, building fund, and benevolence fund. Donations made to these funds are
tax-deductible. According to IRS guidelines, such gifts remain under the authority and control of CFC.
Non-contribution issues
Checks received by Christian Fellowship Church as payments where the donor receives goods or
services are not contributions and not tax deductible per the IRS. Examples are preschool tuition, camps
and retreats, curriculum fees for classes, purchase of shirts, bookstore purchases, coffee shop
purchases, etc.
If you have any questions regarding these issues, please feel free to contact the church, at (812) 867-
6464.