Donation receipts, or donation tax receipts, are a form of donor communication that provides official documentation of a gift made by a donor. Donation receipts (often written in the form of an acknowledgment letter) let the donor know that their donation has been received and gives the nonprofit an opportunity to express their gratitude. Nonprofits also use donation receipts to provide donors with important information needed for tax purposes.
How to make a donation receipt?
Here is what should generally be included in a nonprofit donation receipt:
- The donor’s full name;
- The nonprofit organization’s name;
- Unique Donation ID;
- Date of the donation;
- The amount of gift received;
- Signatures from signing authorities.
Here’s how receipting is beneficial to your donors:
Tax Incentives: In most countries and regions, there are governmental incentivization programs for charitable giving. Donation receipts are records of charitable contributions that provide donors with the documents they need to be eligible for these programs.
Donation Confirmation: By giving receipts to donors, you eliminate any uncertainty that their donation wasn’t processed. Your donors can rest easy knowing that their money is being put to good use. Also, donation receipts help donors keep track of their finances. In that sense, donors greatly appreciate receiving donation receipts without having to ask for them.
After downloading this sample template and filling in the blanks, you can easily customize the style, typography, details, and appearance of your Donation receipt template. If this isn't the right letter that you are looking for, then certainly take a look at the other letters that Bizzlibrary.com has to offer. We have many letters ranging from cover letters to business letters and thank you notes.
The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained this site constitutes a solicitation, recommendation, endorsement, or offer by Bizzlibrary or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
Dorene Reed - DEU
I normally do not leave reviews, but I am so excited.
Kai Arroyo - USA
Very useful file, thanks
Onita Trevino - AUS
Is your organisation GDPR proof? Demonstrate your efforts in order to become compliant with the GDPR with this set of mandatory compliance document templates.
Learn More About GDPR Documents