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A donation receipt is a document that records details of a cash or property donation made to a charitable cause or organization. It serves as proof of a charitable contribution for tax deductions and write-offs. This video covers essential information about donation receipts, their required content, and where to find an official template. A donation is defined as a gift to a charitable organization, and the IRS typically considers contributions to non-profits as tax-deductible. However, donations to political campaigns or civic groups are not generally deductible. Common types of donations include those made to charitable organizations, religious groups, educational institutions, and various causes.
