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Trevor Bragdon of Seven Figure Fundraising discusses the importance of the five sentence thank you letter in fundraising. Thanking the donor and reminding them of the reason they gave is essential. The template "look back, look down, look forward" helps create a personal and warm thank you. The five sentence structure includes thanking the donor, sharing the impact of their gift, expressing gratitude, inviting continued support, and ending with a hopeful message. This approach ensures a more engaging and personal thank you letter.