Donation receipts are important! Here's how to create donation receipts your donors (and the IRS) will love.This means your nonprofit has one last chance to make a lasting impression. This receipt is issued to individuals who have donated cash or payment, personal property, or a vehicle and seek to claim the donation as a tax deduction. Do your run a nonprofit? The WPForms' Donation Receipt Template is an easy way to generate receipts when you receive donations. The form and instructions are available on the IRS site and can be accessed through this link, IRS Tax Forms. You fill in a reasonable, fair-market value of the donation. This means not the original purchase price but what a willing buyer would pay. â—‹ Fill out a Donor Drop-Off Form for each donor.