Receipting Basics

A gift (donation) is the voluntary transfer of property, either in the form of cash or a gift-in-kind, without the donor expecting to receive anything in return. The concept of Fair Market Value is discussed and the appraisal process required for receipting is clarified. A Receipting Decision Tree is introduced along with clarification of what can and cannot be receipted. General receipting guidelines and receipt samples are introduced to clarify what information is required on all receipts.

Also available in French