What should the gift letter include? The letter must explain who is gifting the money, where the donor's funds are coming from and the relationship between the donor and the recipient.Below is a list of frequently requested Human services forms. Click on the form to complete and print. The purpose of this letter is to document that the money does not need to be repaid as well as the donor's name, contract information, and relationship to you. Yes, all lenders will require a gift letter. Although you may have the funds, the lender needs to confirm that you won't have to repay the gift. A gift letter, from the donor to the lender, includes the donor's name, address, and phone number. A gift letter for a mortgage shows your lender that you don't need to repay gift money toward your down payment. The Minnesota Homestead Credit Refund can provide relief to homeowners paying property taxes.