Monetary Donations Donations will automatically receive a tax receipt at year-end provided a full name and address are provided with the monetary donation. Please note that donations of gift cards are not eligible for a tax receipt.
Gift-In-Kind Donations Donations of property from individuals (i.e., non-perishable food, equipment, supplies and other similar tangible items) will receive a tax receipt if requested at the time of donation. To receive a tax receipt, the following need to be provided:
A third-party invoice
The name of the qualified appraiser (if the value is greater than $1,000) or similar documentation declaring the fair market value of the donated item(s) and
The full name and address of the donor
Tax receipts for gift-in-kind donations will be issued at year-end. Donations of property from corporations will receive a letter confirming receipt and the value of the item, but not a charitable tax receipt, as is the practice by major Ontario food banks.
ELEFB will review all donations to ensure reasonableness of value prior to issuing any tax receipts.
Service-In-Kind Donations Donors of any services to the ELEFB such as graphic design, printing, training, repair, cleaning, professional services (i.e., legal, accounting, consulting) and other similar services, are eligible to receive a tax receipt if certain conditions are met:
The donor must issue an invoice or receipt to the ELEFB for the fair market value of services provided.
A notation on the invoice is required if the service is a service-in-kind and a tax receipt is requested.
ELEFB will issue a cheque in full payment of the services invoiced, received and made payable to the ELEFB.
The donor will receive a tax receipt for the gift at year-end. Tax receipts will be issued provided the full name and address of the donor are given. ELEFB will review all invoices to ensure reasonableness of the charge for services prior to issuing any tax receipts.
