New Jersey Sample Letter for Decline to Accept a Gift - Monetary

State:
Multi-State
Control #:
US-0405LR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Decline to Accept a Monetary Gift Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to express my heartfelt appreciation for the generous offer of a monetary gift that you had extended to me recently. Your thoughtfulness and kind intentions have not gone unnoticed, and I am truly grateful for your gesture. However, after much thoughtful consideration, I regretfully decline your generous gift. It wasn't an easy decision, but I believe it is the right one for several reasons. Firstly, as a resident of New Jersey, I must adhere to the ethical guidelines outlined by the [mention relevant governing body/organization]. These guidelines strictly prohibit me from accepting monetary gifts from individuals or entities with whom I have a professional or personal relationship. Additionally, accepting monetary gifts can potentially create conflicts of interest or biases in my decision-making process. As a professional in [mention your field or industry], I am committed to upholding the highest standards of integrity, fairness, and impartiality. Accepting financial assistance in any form could compromise these values and undermine the trust of my colleagues, clients, and the public. Please understand that my decision to decline your generous gift is solely driven by my commitment to maintaining ethical practices and preserving the trust and integrity associated with my professional responsibilities. I value our relationship and want to assure you that my decision is in no way a reflection of your character or the significance of your gesture. It is important to me that you know how much I appreciate your generosity. Once again, thank you for considering me and extending such a gracious offer. Your thoughtfulness is truly humbling. I hope you understand my position and that our relationship will continue to thrive despite this decision. I am always available to discuss and assist you with any other matters that fall within the bounds of our professional relationship. Wishing you continued success, happiness, and prosperity. Warm regards, [Your Name]

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FAQ

If the favor you did was minor and the amount of money offered is similar to the value of the favor, then you are mostly free to say no (unless they really, really insist.) Be honest - "it was nothing", "you don't owe me anything", "I did it because you're a friend", "I'm sure you would do the same for me", etc.

Say no politely, keep your hands at your sides, never ever ever actually touch the gift, and stay firm. If necessary, leave. If you suspect there might be strings attached, give it back with a simple, thank you but I can't accept this.

It was very kind of you to present such a beautiful box of expensive pens to us. But unfortunately we have to return it as our company policy prohibits us from accepting any kind of gifts from our clients. Our organization is very strict about such things and we cannot go against our company's rules and regulations.

How to Politely Decline a GiftDo it in person but far from the crowd.Appreciate the gesture while declining it.Be honest when declining the gift.Try to avoid receiving the gift if you can in the first place.Give a written note of gratitude.It is preferable to do it in person, by talking to them in private.More items...?

For example, you could say something along the lines of I'm flattered by your kind offer but I think not taking it would be best or even I'd hate to get in trouble on my first day at work by accepting this lovely gift. If possible, try placing it on someone else's desk who might know what to do with it.

How to Politely Decline a GiftDo it in person but far from the crowd.Appreciate the gesture while declining it.Be honest when declining the gift.Try to avoid receiving the gift if you can in the first place.Give a written note of gratitude.It is preferable to do it in person, by talking to them in private.More items...?

More info

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New Jersey Sample Letter for Decline to Accept a Gift - Monetary