Does our church need a 501c3?
Having a federally-recognized 501c3 is not a requirement of the Grow program. However, there are a number of benefits for a church who has applied for their 501c3. One major benefit is the ability to apply for the Google Grant. Google does require a 501c3 for any church wishing to take advantage of the free $10,000/month in Google ad credit.
To learn more about how a 501c3 could benefit your church and what you need to know about the process, you can view this video with Trinity Jordan from our Legal Team.
Video Outline:
- Introduction of Trinity Jordan as a lawyer and legal team member.
- Why Consider 501c3 Status
- Explanation that every church is automatically a 501c3 by definition.
- Importance of obtaining 501c3 recognition for credibility and legitimacy.
- Benefits of having 501c3 status for donations, interactions with organizations, and public perception.
- Practical Benefits of 501c3 Status
- Tangible benefits like verification for renting facilities, interaction with local entities, and access to free resources for 501c3 organizations.
- Importance of having 501c3 status for major donors and credibility.
- Process of Obtaining 501c3 Status
- Overview of the process, which involves providing existing information about the church, finances, board members, and activities.
- Simplification of the process into bite-sized pieces to make it easier for churches.
- Timeframe for approval by the IRS, which can take 6 to 9 months.
- Communication and Support During the Process
- Communication methods with Trinity's office, including email and phone calls.
- Availability for questions and support throughout the process.
- Assurance that most queries are anticipated and addressed proactively to avoid delays.
- Additional Legal Services for Churches
- Trinity's expertise in handling various legal matters for churches beyond 501c3 status, such as employment issues, mergers, acquisitions, and trademarks.
- Emphasis on the importance of working with legal experts who specialize in nonprofit law.
- Closing Thoughts
- Advice to ensure working with real legal experts for church-related legal matters.
- Importance of finding a lawyer specializing in nonprofit law for church legal issues.
- Light-hearted conclusion about the background skyline and appreciation for the conversation.