General Questions about Specific Gifts

Issuing Receipts in Specific Situations - General Questions

S1.Our charity gives a very small token of appreciation to each donor. It is worth almost nothing. Must the amount as it appears on the official donation tax receipt be reduced by the cost of that token?

S2. A donor gave our charity a cash donation, but asked that the monies be forwarded to a specific family. Do we issue an official donation receipt?

S3. Are membership fees considered donations? Can donation tax receipts be issued?

S4. Can a company donate goods out of its inventory? If so, how much can the official donation receipt be issued for?

S5. Our charity wants to show its appreciation for a volunteer who spent many hours on a project. Can we issue a donation receipt for the volunteer’s services?

S6. Can an official donation receipt be issued to volunteers for expenses incurred on behalf of our charity if they bear the cost of those expenses?

S7. One of our donors would like to make a donation and receive advertising or sponsorship status in return. Can our charity do this and, if so, how should we make out the receipt?

S8. Can we take up a collection and raffle the receipt? A group of 20 people from work will each contribute $20 toward a $400 donation to charity. We would like to raffle a receipt for $400. Can we do this?

S9. Our charity received a donation of a $100 gift certificate from an aesthetician for a facial. How much should the receipt be for?

S10. Our charity received a donation of a $100 gift certificate from someone who purchased the gift certificate from an aesthetician. Can we issue an official donation receipt and for how much?

S11. Can official donation receipts be issued for publicly traded shares or stock options?

S12. Our charity received a donation of a life insurance policy. How should the receipt be issued?

S13. Our registered charity received a donation in the form of an RRSP death benefit. How should we issue the receipt?

S14. Our registered charity received a donation of an artist’s painting. How do we determine the amount for the official donation receipt?

S15. What are loanbacks and how do they work?

S16. Our charity was offered a one week stay at a holiday condo as an auction item. Can we issue a charitable receipt to the donor for the FMV of the gift?