I'm a bit confused about whether or not the processing fees borne by a Church or charitable organization must be deducted from a giving statement.
My 501(c)3 accepts charitable contributions via credit card. We do not charge processing fees to the donating individuals but "eat" the cost of the donation.
For example: George donates $2000 to our organization via our online form. We do not charge him a processing fee in order to give us $2000.
Stripe processes the donation and charges us a 2% fee so we actually receive $1960 because his donation was processed by Stripe.
Do we issue a giving statement to George for $2000 or for $1960.
Remember, we didn't charge him a processing fee in order to contribute $2000 to us. We pay the fee in order to make it convenient for George to donate to us.
