A family of Microsoft word processing software products for creating web, email, and print documents.
You could create a mail merge, but if you send to the same list every month, it might be just as efficient to create a file of addressed envelopes. Start with Mailings | Create | Envelopes. Set up your envelope and click Add to Document. See http://WordFAQs.mvps.org/DetachEnvelope.htm for instructions to detach the "letter" page from the envelope so that you're left with a single envelope. After the delivery address, press Ctrl+Enter to start a new page. Use the Envelope Return style for the return address and the Envelope Address style for the delivery address. Repeat as needed for all the envelopes, then save the file.
If you have a varying subset of the same list, then a mail merge will be more appropriate. On the Mailings tab, in the Start Mail Merge group, click Start Mail Merge and choose Step by Step Mail Merge Wizard. This will step you through creating a data source that contains all the addresses and then selecting the addresses you want for a given mailing and merging them to an envelope mail merge main document that you create.