Discover how to create a taxcompliant donor receipt template that will help you engage donors and encourage more donations. 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. 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. Please ensure that you select the correct receipt for the nonprofit at the location at which you donated. 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. Donation receipts are important! Here's how to create donation receipts your donors (and the IRS) will love. The receipt should state that the value of goods received was greater than the contribution and therefore no charitable contribution is allowed.