[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Donor’s Name] [Donor's Address] [City, State, Zip Code] Subject: Letter for Declining Monetary Gift Dear [Donor's Name], I hope this letter finds you in excellent health and high spirits. I am writing to express my utmost gratitude for your generous offer of a monetary gift. Your kindness and willingness to support me are sincerely appreciated. However, after careful consideration, I have decided to decline your generous offer. I want to emphasize that my decision in no way diminishes the value I place on our friendship and your support; it is solely based on personal reasons and circumstances that are specific to my current situation. Please understand that this decision was not easy for me to make, and I have taken the time to reflect deeply before arriving at this conclusion. I assure you that my choice is not a reflection of your gesture's worth, but rather my adherence to specific principles and beliefs. It is essential to maintain integrity and uphold personal values in all aspects of life. I firmly believe that accepting monetary assistance at this time would compromise these principles. Again, I want to reiterate my gratitude for your unwavering support, and I sincerely hope that this decision will not affect our bond of friendship. Your willingness to lend a helping hand means the world to me, and I will forever be grateful for your generosity. If you have any questions or would like to discuss this matter further, please feel free to contact me at [Your Phone Number]. I am more than willing to discuss my decision and provide further clarity if needed. Once again, I express my deepest appreciation for your kindness and understanding in this matter. I value the friendship we share and truly hope that we can move forward unscathed by this decision. Wishing you continued success and happiness in both your personal and professional endeavors. Warm regards, [Your Name]