Hi, all, A new nonprofit connected to my church got their EIN in May 2021 and their IRS exemption in April 2022, when they also opened their own bank accounts and started to receive their own donations and started working to transition their donors to them from the church.
For 10 years prior, our church served as the fiscal sponsor, receiving all donations and subgranting all funds to the nonprofit (as well as providing donor information to the nonprofit who sent out thank yous, while the church sent tax receipts). For 2022, the new nonprofit wants to send out IRS tax statements.My assessment is the church should send the tax receipts for anything written out and given to the church - so all gifts from January to March, and any donors who did not convert to giving to the new nonprofit directly April-December. This will mean that some donors get a tax receipt from both the nonprofit and the church. Bottom line is - only tax-exempt organizations can send out letters tax compliant donor receipts for the gifts given directly to them. Please let me know if this is off base. Leah Garrett
Vice President, Development and Communications
Community of Hope