We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. Get a Free Nonprofit Donation Receipt Template for Every Giving Scenario.A donation receipt documents the details of a cash or property donation that's gifted to an individual cause or organization. The Donations Manager should review the most current IRS regulations to ensure the tax receipt contains all required information for the level of donation. How to fill out the Donation Receipt Template Instructions and Guidelines? 1. Open the donation receipt template. 2. Contributions can be sent in the form of a check, draught, or cash; however, sums of money given in cash that exceed Rs 10,000 are not tax deductible.