Receipts for Donations
For a printable copy of these guidelines click on the format of your choice:
word format, pdf format.
Quick Summary of Guidelines
The IRS has not created a standard format for contribution receipts, but the following information must be included:
* The donor's name (the PTA's Federal ID or EIN, is *not *required)
* The amount of money or a description of the item donated
* A statement indicating whether or not any goods or services were provided in return for the gift
* A good-faith estimate of the value of goods or services provided; insubstantial values need not be recorded (see above)
The receipt can be a letter, a postcard, an e-mail message, or a form created for the purpose.
Any donations worth $250 or more must be recognized with a receipt. The charity receiving this donation must automatically provide the donor with a receipt.
You will find written guidance on receipts for After Prom prizes and donations on the National PTA website, http://www.pta.org The username and password are on the back of your PTA membership card
or... just paste this in your browser
http://www.pta.org/MoneyMatters_QRG.pdf
See Money Matters, pages 55 through 58 for information on donations and how to handle receipts.
Project Safe and After Prom
PTA Council of Howard County
410-740-5153
ptachc@gmail.com