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. A gift letter is a document stating that any money received from family or friends is a cash gift and not a loan.Please complete and route for signatures. This form must be completed before the University can officially accept a proposed gift. Hi, I'm new to this but need advice. My parents have given me and my brother a substantial cash gift. These letters provide documentation of a monetary gift from a family member or friend, which can serve as a gifted deposit. Here's a sample gift letter you can use to prove that the money is truly meant as an outright gift, with no expectation of repayment. What is included in a gift letter? A gift letter must contain the donor's name, the gift's value, confirmation that the gift is not to be repaid, and the donor's signature.