Donation Receipt
A donation receipt is the formal acknowledgement a nonprofit issues to confirm a gift, recording the amount, date and donor details, and supporting the donor's tax reporting where applicable.
For corporate giving programs, systematic receipting keeps records clean for audit and ensures both company and employee donations are properly documented.
Related terms
The newest terms we've added, the words teams managing grants, sponsorship, and CSR come across most often.
Restricted Funds
Restricted funds are donations a donor has earmarked for a specific purpose, project or time period, which the recipient may use only as designated.
Distinguishing restricted from unrestricted funds is fundamental to compliant accounting and reporting, since misusing earmarked money breaches the donor's terms.
Pledge
A pledge is a donor's formal commitment to give a specified amount, sometimes over several years, before the funds are actually transferred.
Tracking pledges against payments received is essential for accurate forecasting and reporting, so an organisation knows both what has been promised and what has arrived.
Gift Acceptance Policy
A gift acceptance policy sets out which donations an organisation will and will not accept, and under what conditions, covering issues such as donor due diligence, restricted gifts and reputational risk.
A clear policy protects the organisation from problematic funding and gives staff a consistent basis for evaluating and recording every gift.
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