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?

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?


Short answer

Yes, an official donation tax receipt can be issued for $100, the fair market value of the gift certificate.

Long answer

A gift certificate that was bought from the person who created the gift certificate is considered property. When the purchaser donated the certificate to your charity, there is a transfer of property. An official donation receipt can be issued.

See: CRA Policy on Donation of Gift Certificates or Gift Cards