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Name of the donor. The date of the donation. Amount of cash contribution. Description (but not value) of any non-cash contribution (the nonprofit should not attempt to assign the cash value of property; doing so is the donor's responsibility)
A good example of a donation receipt text would be: ?Thank you for your cash contribution of $300 that (organization's name) received on December 12, 2015. No goods or services were provided in exchange for your contribution.? It's wise to create donation receipt templates as it simplifies the procedure.
You should always have the following information on your donation receipts: Name of the organization. Donor's name. Recorded date of the donation. Amount of cash contribution or fair market value of in-kind goods and services. Organization's 501(c)(3) status.
IRS-Required Transaction Details Name of the organization; Amount of cash contribution; Description (but not value) of non-cash contribution; Statement that no goods or services were provided by the organization, if that is the case;
What is a Donation Receipt? A donation receipt is a written acknowledgment from a nonprofit organization for any monetary or non-monetary contributions made by a donor. This donation receipt will act as official proof of the contribution, and help donors claim a tax deduction.