Excerpted from I.R.S. Publication 1771, "Charitable Contributions - Substantiation and Disclosure Requirements"

Written acknowledgement from the 501 (c) (3) organization is a requirement for tax deductibility for contributions over $250.00.

If the donation is in the form of property, the acknowledgement must describe, but need not value, the property.  Valuation of the donated property is the responsibility of the donor.

If the value of an item exceeds $5,000 the donor must obtain a qualified appraisal for submission with the return claiming the deduction.

A written disclosure must be provided by the Charity to the donor making a Quid Pro Quo donation in excess of $75.  A Quid Pro Quo contribution is a payment made partly as a contribution and partly for goods or services provided to the donor by the charity.  An example of a Quid Pro Quo contribution is where the donor gives a charity $100 in consideration for a concert ticket valued at $40.  In this example, $60 would be deductible.  Because the donor's payment (Quid Pro Quo contribution) exceeds $75, the disclosure statement must be furnished, even though the deductible amount, $60, does not exceed $75.

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