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. Learn how to easily create your donation receipts and the best practices to follow in the year-end receipts to your donors.Master donation receipts fast with our tips, free templates and messaging samples. 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. These email and letter templates will help you create compelling donation receipts without taking your time away from your donors. How soon should you send out the receipt? Some nonprofits send receipts out at the end of the year the gift was given or in January of the following year. Please keep a copy of the receipt, there is information contained in the receipt that will help us locate your filing and reconcile it. At tax time, simply login to your account and print your annual Goodwill donations summary!