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A donation receipt documents the details of cash or property donations made to a charitable cause, organization, or individual. It serves as proof of contribution for tax deductions and write-offs, important for both organizations and individual taxpayers. This video reviews essential information regarding donation receipts, their content, and where to find an official template. A donation is defined as a gift, either in cash or property, to a charitable cause, organization, or campaign. The IRS considers contributions to non-profit groups as tax-deductible, while donations to political campaigns or civic groups typically are not. Common donation types include contributions to charitable, religious, educational organizations, and funds.
