[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Donor's Name] [Donor's Address] [City, State, ZIP] Subject: Decline to Accept Monetary Gift Dear [Donor's Name], I hope this letter finds you in good health and high spirits. I am writing to express my sincere gratitude for your kind and generous offer to contribute funds to support [mention the purpose or project for which the donation was intended]. Your willingness to contribute is truly commendable, and it warms my heart to know that there are individuals like you who care deeply about [cause or organization]. After careful consideration and deliberation, I regret to inform you that I am unable to accept your monetary gift at this time. Please understand that this decision was not reached lightly, and it is in no way a reflection of the appreciation I hold for your thoughtful gesture. There are a few reasons that have influenced my decision, which I would like to explain below: 1. [Reason 1]: Clearly state the first reason why you are declining the monetary gift. This could be due to ethical considerations, financial constraints, conflicting interests, or any other valid reason that directly relates to the situation at hand. 2. [Reason 2]: Elaborate on the second reason, if applicable. It is important to provide a comprehensive explanation to convey your decision effectively. While I do understand the significance and impact your gift could have had in advancing [cause or organization], it is crucial for me to ensure that all donations align with our guiding principles and meet our current needs. It is my responsibility to carefully evaluate each offer to ensure the resources are allocated in the most effective manner. Please know that your support is greatly appreciated, and I truly value the trust you have placed in [cause or organization]. I would be more than happy to explore alternative ways in which your generosity can be utilized, such as volunteer opportunities or in-kind donations. Your time, skills, and expertise are just as valuable and could contribute significantly to our ongoing efforts. Once again, I am deeply grateful for your kind offer, and I apologize for any inconvenience this may cause. Your consideration and understanding are highly appreciated. Should you have any questions or if you would like to discuss this matter further, please feel free to contact me directly at [phone number] or via email at [email address]. Thank you for your support, and I hope that we may find other avenues to collaborate in the future. I wish you the very best in all your endeavors. Warm regards, [Your Name]