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A donation receipt serves as documentation for cash or property donations made to a charitable cause or organization. It is often used by both organizations and individual taxpayers as proof of charitable contributions for tax deductions. This video reviews essential information about donation receipts, including their content and how to obtain an official template. A donation is defined as a gift in cash or property to a charitable organization, which can include non-profit groups and institutions. The IRS recognizes these contributions as tax deductible, unlike donations made to political campaigns or civic groups. Common examples of donations include those to charitable organizations, religious organizations, and educational causes.
