Pledges

Can a charity issue official donation receipts for pledges?

No. A pledge or promise to make a gift is not in itself a gift. Therefore, a registered charity cannot issue an official donation receipt for a pledge. However, when a donor honours a pledge, by making a voluntary transfer of property, a donation receipt can be issued.

Is a pledge enforceable?

No. Generally, a pledge does not constitute a contract, and is not enforceable.

References

• Registered Charities Newsletter No. 22 - Spring 2005

Date modified:

2011-06-01