{"id":121568,"date":"2025-01-16T08:00:00","date_gmt":"2025-01-16T13:00:00","guid":{"rendered":"https:\/\/bloomerang2dev.wpengine.com\/?p=121568"},"modified":"2025-08-29T15:42:58","modified_gmt":"2025-08-29T19:42:58","slug":"transform-tax-summaries-into-giving-statements","status":"publish","type":"post","link":"https:\/\/bloomerang.com\/blog\/transform-tax-summaries-into-giving-statements\/","title":{"rendered":"Transform Tax Summaries Into Giving Statements"},"content":{"rendered":"<h2 style=\"margin-top: 0;\"><strong>A new way to strengthen donor connections and showcase their impact.<\/strong><\/h2>\n<p>Tax summaries have long been a compliance tool for nonprofits, but <a href=\"https:\/\/bloomerang.com\/blog\/the-role-of-tax-summaries-in-nonprofit-donor-stewardship\/\">Bloomerang refined them<\/a> as an opportunity to engage donors and highlight their generosity. Bloomerang takes this further with Giving Statements, offering a more holistic and personalized way to celebrate donor support.<\/p>\n<p>This isn\u2019t just about year-end documentation. It\u2019s about transforming essential communications into a meaningful way to build trust and inspire future generosity.<\/p>\n<h2><strong>From Tax Summaries to Giving Statements: What\u2019s new?<\/strong><\/h2>\n<p>While tax summaries focus on financial information, Giving Statements expand the picture. They let you:<\/p>\n<ul>\n<li><strong>Show a holistic view of giving:<\/strong> Recognize non-financial contributions like volunteer hours, in-kind gifts, and soft credits, giving donors a complete picture of their impact.<\/li>\n<li><strong>Strengthen donor relationships<\/strong>: Use Giving Statements as a touchpoint to thank donors for their yearly contributions and keep them connected to your mission.<\/li>\n<li><strong>Highlight tax benefits<\/strong>: Provide donors with a clear visual representation of tax deductions to show the value of their giving and encourage continued generosity.<\/li>\n<\/ul>\n<p>This evolution reflects a shift in donor expectations\u2014people want communications that feel personal and meaningful, not just transactional. Giving Statements delivers on that expectation.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-121708\" style=\"max-width: 480px;\" src=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-1.png\" alt=\"Giving Statements list in-kind gifts separately from monetary contributions, showing the date and description without confusing '$0' amounts. This follows IRS guidance, focusing on what was donated and when\u2014while leaving fair market value calculations to the donor.\" width=\"1032\" height=\"730\" srcset=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-1.png 1032w, https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-1-768x543.png 768w\" sizes=\"(max-width: 1032px) 100vw, 1032px\" \/><\/p>\n<h3><strong>A holistic view of donor support<\/strong><\/h3>\n<p>Giving Statements bring all types of donor contributions together in one place.<\/p>\n<ul>\n<li><strong>Financial gifts:<\/strong> Previous year totals and detailed breakdowns of contributions.<\/li>\n<li><strong>In-kind donations:<\/strong> Descriptions and dates of non-monetary gifts.<\/li>\n<li><strong>Volunteer hours:<\/strong> Recognize the time donors dedicate to your mission.<\/li>\n<li><strong>Soft credits:<\/strong> Acknowledge indirect donations separately from tax-deductible gifts, ensuring clarity and reflecting every form of generosity.<\/li>\n<\/ul>\n<p>By showing all types of contributions together, donors can clearly see the impact of their support.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-121711\" style=\"max-width: 480px;\" src=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statments-1-a.png\" alt=\"Show donors their impact with clear, professional Giving Statements. Customize Giving Statements with your organization\u2019s logo, EIN, and branding. Consolidate financial gifts, in-kind donations, volunteer hours, and soft credits into one easy-to-understand document that acknowledges all types of support.\" width=\"1046\" height=\"1108\" srcset=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statments-1-a.png 1046w, https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statments-1-a-768x814.png 768w\" sizes=\"(max-width: 1046px) 100vw, 1046px\" \/><\/p>\n<h3><strong>Seamless integration into your workflow<\/strong><\/h3>\n<p>Giving Statements is simple, making the most of tools you already use in Bloomerang:<\/p>\n<ul>\n<li><strong>Customize branding<\/strong> by adding your organization\u2019s logo and EIN to ensure your statements accurately reflect your organization\u2019s branding and donor contributions.<\/li>\n<li><strong>Generate on-demand<\/strong> by creating statements directly from a donor\u2019s profile with just a few clicks\u2014or send a link via email for higher volume needs.<\/li>\n<li><strong>Tailor features to your needs<\/strong> by turning off settings like volunteer hours or soft credits if the data isn\u2019t ready, ensuring a smooth rollout.<\/li>\n<\/ul>\n<p>These enhancements save time and make it easier to focus on connecting with your donors.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-121707\" style=\"max-width: 480px;\" src=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-3.png\" alt=\"Customize Giving Statements with your organization\u2019s logo, EIN, and branding. Consolidate financial gifts, in-kind donations, volunteer hours, and soft credits into one easy-to-understand document that acknowledges all types of support.\" width=\"426\" height=\"241\" \/><\/p>\n<h2><strong>Why Giving Statements matter to donors<\/strong><\/h2>\n<p>Donors want to see the impact of their generosity. Giving Statements makes that possible.<\/p>\n<ol>\n<li><strong>Clarity and connection:<\/strong> Provide a clear overview of contributions, financial and beyond.<\/li>\n<li><strong>Celebrate past support:<\/strong> Highlight the full breadth of donor contributions\u2014from financial gifts to volunteer hours, in-kind donations, and soft credits\u2014showing them how much their generosity matters.<\/li>\n<li><strong>Future inspiration:<\/strong> Reinforce their connection to your mission by showing donors the difference they\u2019ve made and inviting them to continue their support.<\/li>\n<\/ol>\n<p>For donors, these are more than year-end summaries\u2014they\u2019re <a href=\"https:\/\/bloomerang.com\/blog\/ask-an-expert-should-you-promptly-acknowledge-nonprofit-supporter-input\/\">proof of the difference donors make<\/a> and reminders of the mission you share.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-121706\" style=\"max-width: 480px;\" src=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-2.png\" alt=\"Giving Statements make it easy to highlight all types of donor contributions, including indirect giving, with a clear, flexible layout that showcases the value of donors\u2019 support.\" width=\"966\" height=\"638\" srcset=\"https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-2.png 966w, https:\/\/bloomerang.com\/wp-content\/uploads\/2025\/01\/giving-statements-2-768x507.png 768w\" sizes=\"(max-width: 966px) 100vw, 966px\" \/><\/p>\n<h2><strong>Ready to see Giving Statements in action?<\/strong><\/h2>\n<p>Bloomerang Giving Statements build on the strengths of traditional tax summaries, offering a better way to recognize donor impact. By combining financial details with insights tailored to each donor, they turn year-end communications into an opportunity to deepen relationships.<\/p>\n<p>See how easy it can be to make donors feel like a vital part of your mission. <strong><a href=\"\/learn\/demo-live\/\">Schedule a demo today<\/a><\/strong> and explore how Giving Statements can elevate your donor stewardship.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new way to strengthen donor connections and showcase their impact. Tax summaries have long been a compliance tool for nonprofits, but Bloomerang refined them as an opportunity to engage donors and highlight their generosity. Bloomerang takes this further with Giving Statements, offering a more holistic and personalized way to celebrate donor support. This isn\u2019t [&hellip;]<\/p>\n","protected":false},"author":355,"featured_media":121717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[],"cause":[],"article_author":[],"webinar_host":[],"topic":[428],"class_list":["post-121568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","topic-data"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - 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Her strategic thought leadership ensures Bloomerang\u2019s Giving Platform remains at the forefront, helping nonprofits raise more, build culture, and retain supporters for sustained growth.","sameAs":["https:\/\/www.linkedin.com\/in\/annfellman\/"],"knowsAbout":["Fundraising Tools"],"jobTitle":"Chief Marketing Officer","worksFor":"Bloomerang","url":"https:\/\/bloomerang.com\/blog\/author\/ann-fellman\/"}]}},"_links":{"self":[{"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/posts\/121568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/users\/355"}],"replies":[{"embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/comments?post=121568"}],"version-history":[{"count":0,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/posts\/121568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/media\/121717"}],"wp:attachment":[{"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/media?parent=121568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/categories?post=121568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/tags?post=121568"},{"taxonomy":"cause","embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/cause?post=121568"},{"taxonomy":"article_author","embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/article_author?post=121568"},{"taxonomy":"webinar_host","embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/webinar_host?post=121568"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/bloomerang.com\/wp-json\/wp\/v2\/topic?post=121568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}