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Trevor Bragdon from Seven Figure Fundraising discusses the importance of a well-crafted thank you letter in fundraising. A great thank you letter should be simple and achieve two key objectives: thanking the donor for their gift and reminding them of why they gave. Many thank you letters lack personalization and come across as corporate, but using the five sentence thank you template can help create a more personalized and warm letter. The template follows a storytelling and pitch framework called "look back, look down, look forward." The five sentences include thanking the donor, referencing their gift, highlighting the impact of their donation, expressing gratitude, and inviting them to take further action.