1741 What to do with assets when a worshiping community closes

If history is any indication, every worshiping community's life ends sometime. If that happens under the U.S. Tax Code, there are limits on how assets must be distributed. Musical instruments, books, and furnishings can't just be given to the donors who funded them. Fair prices must be received. And any assets left at the end of the legal entity's existence must be transferred to another charitable entity, like another house of worship, a denominational entity, relief agencies, or social service providers.

You can listen to 1741 What to do with assets when a worshiping community closes online on Radio and Podcast. Open the player on this page to stream the available audio.

1741 What to do with assets when a worshiping community closes is an episode from Law Meets Gospel by Josh S. Tatum.

This episode is 14:47 long.

This episode was published on Oct 10, 2017.

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