QuickBooks itself does not currently include a way to do this natively. We faced the same problem ourselves. After trying many different third-party solutions, none of which met our needs, finally we built our own powerful web app to make it extremely simple to bulk generate beautiful IRS-compliant statements for all your donors as once, or create a statement for an individual donor.

We also have many powerful filters to tailor make statements according to your own criteria.

You can set our app to automatically email statements to each donor, or print a PDF to mail them out as you prefer. Please take a look at www.donorstatements.com