Many individuals and organizations both within and beyond the School District of Holmen boundaries make very generous donations to the District.
In an effort to recognize this generosity, and provide documentation to the donor that might be used to verify the donation for tax purposes, the District has prepared a Donation Letter template.
The letter acknowledges receipt of the donation and specific details related to the donation. The letter carefully avoids statements that may create undesirable responsibilities and commitments for the District. For example, the template cautions the user, “Do not attempt to place a value on the item as this may create obligation by the district regarding any IRS deduction claimed by the donating individual.”
Do not vary from the language in the letter template as this may create unintended consequences.
Charitable contributions to Governmental Units are tax-deductible under section 170(c)(1) of the Internal Revenue Code when the Charitable Contribution is made for a public purpose.
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