Letters Nonlegal Acknowledgments

Specify the amount that was received. Specify the date of payment. If necessary, indicate the method of payment: cash, check, wire transfer, etc. Specify the reason for the payment. Mention related invoice number and date (optional)

Properly Acknowledging Your In-Kind Stock Gift Your letter should acknowledge the gift of stock, including the ticker, the number of shares, and the date of the donation. It should not, however, list the value of the stock since your organization is not in the business of assigning value to securities or gifts in-kind.

Name and details of the person who is sending the letter. Name and details of the person/company to whom the letter is been sent (recipient) Date of sending the acknowledgement letter. The subject of the letter stating the reason for writing it. Statement of confirmation of receipt of the item.

Use the donor's name. Nothing says, This is a form letter more clearly than failing to include a donor's name. Send it promptly. Send it from a person. Show impact. Be warm and friendly. Use donor-centered language. Avoid empty jargon. Reference their history.

Some experts recommend that your acknowledgment read something like, Thank you for recommending the generous grant of $500.00, that we received on <date>, through your donor advised fund at Fidelity Charitable.

Debit the Asset Debit the appropriate asset in a journal entry to record donated stock in your accounting records by the amount of the asset's fair market value. Use the account that corresponds with the type of donated asset. A debit increases an asset account.

A donation acknowledgment letter is a type of donor letter that you send to donors to document their charitable gifts and donations. Sometimes your donation receipt functions as a donor acknowledgement. However, that's not always the case. All donors deserve to be thanked, no matter the size of their gift.

A statement declaring the nonprofit's tax-exempt status as a 501c3. The name of the donor that they used to make their gift. The date the the gift was received by your nonprofit. A description of the donation.

Letter or Email Acknowledgement. Direct mail and email are the most common ways to thank your donors because you can send multiple letters at once. Public Thank You. Social Media Shout Out. Donor Gift. Website Appreciation Page.