5 Items to include in donor acknowledgment letters. What to include for tax purposes.

10 hands hold sign saying donor thank you

What is a donor acknowledgment letter?

A donor acknowledgment letter is more than just a thank you letter. Nonprofit 501(c)(3) organizations have certain requirements to follow — including providing donors with a donation receipt — often called an acknowledgment (or acknowledgement letter). Learn what needs to be included in this letter.

Year-End Giving – How Do Charitable Donations Affect My Taxes?

A small tree grows out of a clear glass jar filled with coins, placed on a wooden surface, against a blurred green and yellow background. This scene symbolizes the growth you can achieve by understanding how charitable donations affect your taxes.

How do charitable donations affect my taxes?
After researching a charitable organization and deciding where to give your money, you should also consider how the charitable donation will affect your taxes. Charitable donations are a popular tax write-off, but make sure you understand what can be deducted and how to properly assess the value of your donation…