A donation form is used to get information about the donor and maintain a proper record of all donations obtained for a particular period of time. It is crucial for both the donor as well as the recipient. One of the big advantages of having a donation form is tax relief. It also acts as a receipt while preparing financial records. From the point of view of the donor, the most significant purpose of this donation form is to get a considerable amount of relief in fees. In like manner, this form will also support the donor when he/she is all set to prepare a financial record. A donation form will be drafted having some important information such as:
- Donor – name, address, phone, fax, email
- Donation – objective of donation, amount of donation, date of payment
- Mode of Transmittal – mode of payment
Importance of Donation Form:
A donation form is an essential document that is used by charities to get information about the donor. The major reason for having this form is to maintain the information of each donor in a professional way. There is no doubt, after filling out the donor form, the charity itself can update the data of donors on their system for check afterward. Generally, it is the responsibility of charity to maintain the information of donors in an accurate way to record the amount of donations that is obtained by a donor at a particular time period. A wisely filled donation form may equally serve the donor as well as the charity.