Tax Deductible Donations
In order to receive the tax deductions associated with charitable giving, donors need documentation.
Don't worry, we have your back.
Your donation matters
A donation receipt is proof that a you (a donor) made a financial or in-kind contribution.
Read More on Donorbox.com or just scroll down this page for more info.
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Keep Track
Donation receipts are an easy way for you to keep track of your finances when it comes to charitable giving.
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Donation receipts also provide us (BTSF) with clear and accurate financial records.
Thank you for showing up
Donation receipts are necessary for:
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Single donations greater than $250.
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Whenever you (a donor) requests a donation receipt.
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When you (a donor) receive goods or services from us in exchange for a single donation greater than $75.
What's on the receipt?
1. Your name
2. Beyond the Sparkle Foundation's name, federal tax ID number, and a statement indicating that the organization is a registered 501(c)(3)
3. Date of the donation
4. The amount of money or a description (but not the value) of the item(s) donated. You (donor) are responsible for assigning a cash value of donated items or in-kind contributions.
5. A statement indicating whether any goods or services were provided in exchange for the donation:
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If there were goods or services given in return for your contribution, BTSF will note that in the receipt.
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If your gift was $75 or more, and BTSF provided something in return (i.e., tickets to an event), then BTSF will need to provide a good-faith estimate of the value of the goods or services provided to you.
6. Name and signature of an authorized board member or head of department.
7. A disclosure, if necessary. These vary from state to state, so double check to make sure you’re including the required disclosure statements for all states that your donors are contributing from.