Donation receipts are important! Here's how to create donation receipts your donors (and the IRS) will love.All donors receive a charitable tax receipt or acknowledgement for all donated items upon acceptance of approved and completed form. We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. The Donation Value Guide below helps you determine the approximate tax-deductible value of some of the more commonly donated items. A donation receipt documents the details of a cash or property donation that's gifted to an individual cause or organization. Examples of In-Kind Donations. In-kind donations can either come in the form of goods or services. You sign up once, choose your payment option (automatic debit to your bank account or credit card) and that's it. No more forms to fill out.