Gift acknowledgment letters: Considerations and templates

According to IRS Publication 1771, Charitable Contributions - Substantiation and Disclosure Requirements, donors must have a contemporaneous written acknowledgement from the recipient not-for-profit entity (NFP) in order to claim a tax deduction for each charitable contribution that exceeds $250. Generally the burden for obtaining substantiation is on the donor, as NFPs are not required to provide written acknowledgements for contributions received, except in the case of quid pro quo contributions of more than $75. However, organizations can express their appreciation