Donations Law & Legal Definition


Donation is the act by which the owner of a thing voluntarily transfers the title and possession of the same from himself to another person, without any consideration; a gift. A donation is never perfected until it is has been accepted, for the acceptance is requisite to make the donation complete. The person making the gift is called the donor and the person receiving the gift is called the donee. If made to a qualified non-profit charitable, religious, educational or public service organization, it may be deductible as a contribution in calculating income tax.