We've created this stepbystep guide on everything you need to know about creating a donation receipt letter for tax purposes. Tax laws require the donor to obtain a receipt for every cash donation regardless of the amount.They are also required to file annual financial reports. This free template instantly generates a PDF receipt that can be downloaded, printed for your records, or automatically emailed to donors for their tax returns. How do these CA's reduce tax? Do they show fake donations or Medical receipts etc? Section 80G of the Act provides deduction while computing the total income in the hands of donor. In that case, all you need to provide in the donation receipt is the name and EIN of the organization, date of donation, and a description of the donated item. You should always have the following information on your donation receipts: Name of the organization.