A donation receipt template is a vital proof that a donation has been made towards some charity or an organization and is offered to the donor on the part of charity. The receipt is provided by an organization to the donor that helps the donor to get the tax deductions from the government. By using these receipts an organization can improve its finance by claiming the tax rebate on the donated amount. Normally, a donation receipt template needs to have precise information confirming the exact value of the donation and also mentioned what the donor got in return. These donation receipt templates are generally used for the acknowledging the amount of donation. This receipt is consists of two columns containing speech and cursor actions as captions. It provides documentation to those who donate to your organization and serve as a record for tax purposes. Moreover, it is important evidence certifying that a donation has been made toward the organization.
Details of Donation Receipt
Using a donation receipt template, a company can improve its finance by claiming the tax rebate on the donated time. It will help in keeping a clear track between both parties. Some basic information that must be included in a donation receipt such as nonprofit’s name, donor name, the amount and the date of donation. The basic purpose of the donation receipt is to keep track of what an individual give for donation. If the donation was not in cash and it some clothes or other things then you need to add the description of the donation on the receipt. You also need to state in template that you are precisely a non-profit entity. The donor’s name has to be on the receipt so that it becomes valid. You have to write the exact date of the donation plus how much was given.