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501c3 in illinois template
501c3 in illinois template












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501c3 in illinois template

The Staff Member receiving this donation must sign his or her name and date the signature (with the current date) using the last two blank lines.*This post contains affiliate links. Once this is done, verify all the information is accurate then, make sure the Goodwill Staff Member receiving the donation reports the location where the money or donated items were received. To facilitate this, enter the Goodwill Chapter or Outlet’s Entity Identification Number on the spaces attached to the “EIN” label. The Donor will need to be able to name a Recipient to the satisfaction of the Tax Entity he or she will be dealing with. The Donor’s address should be completed with its “City” and “State/Zip” information on the next two blank spaces.Ĥ – Provide The Goodwill Chapter’s Tax Information The building number in the Donor’s legal address, along with the street name and apartment number must be produced on the “Address” line. Locate the labeled lines below the statement beginning with “Goodwill Empowers People…” then, enter the Donor’s complete “Name” on the first blank line. Transcribe the value of the items you donated to the sheet adjacent to that item. Click on this link Donation Valuation Guide, then locate the donated items. The guide mentioned earlier will give you this ability. Jeans – 5) You will want to make a general dollar estimation of the donated material at the time of donation to help the Donor seize any tax benefits that result from the donation. If you have more than one item in a category, make sure to list how many (i.e. You will need to list each type of item separately. If you have compatible software, you may enter information onscreen however, many would consider it wise to have such paperwork in a readily accessible location in your system.Ĭatalog all of the donated items and estimate their worth using the Donation Valuation Guide. The receipt used to document a Goodwill donation can be accessed with the “Adobe PDF” link above. Hazardous Items – Use this link to stay updated on hazardous items which should be avoided when donating items to GoodWill. It’s best to give your local GoodWill donation center a phone call to find out if your items are acceptable.

501c3 in illinois template 501c3 in illinois template

GoodWill accepts clothing (which is the most popular item from donors), household items, electronics and retail inventory.Ĭlothing (Goods) – GoodWill has many locations in all 50 states and many donation bins scattered throughout. GoodWill allows many channels in which giving donations is possible. The new tax law doubles the standard amount in which filers can deduct off their taxes from donations. Tax Identification Number (EIN) – By local organization. Use this Donation Valuation Guide to get a good idea as to appraising your items. The donor (you) is responsible for valuing the donated items and it’s important not to abuse and overvalue items in the event that you are audited. The Goodwill donation receipt is used to claim a tax deduction for clothing and household property that are itemized on your taxes.














501c3 in illinois template