On November 5, 2013, the Illinois legislature became the next government body to approve of same-sex marriage, following the United States Supreme Court’s recent invalidation of the federal definition of marriage as being between a man and a woman. The Illinois bill is expected to become law upon Governor Quinn’s signature.
Would you like to help someone who is experiencing financial troubles? Do you know whether your gift would be tax deductible? These questions raise a more fundamental one: How can a well-intentioned individual or 501(c)(3) public charity best aid those with financial needs, while maximizing available tax benefits and otherwise exercising wise financial stewardship? The answer to these questions is for a public charity, such as a church, to develop a benevolence policy to be funded through gifts from individuals and others.
Over two months has passed since the US Supreme Court’s June 26, 2013 rulings addressing same-sex marriages (addressing the constitutionality of the federal definition of marriage under Section 3 of DOMA and California’s Proposition 8, respectively). Now that the initial societal hubbub has subsided, federal and state governments, religious institutions, and nonprofit employers in general are beginning to focus on the many tax and legal issues affected by these rulings.
What the Rulings Do