Exam (elaborations)
CFRE CURRENT TEST QUESTIONS AND ANSWERS
- Course
- Institution
CFRE CURRENT TEST QUESTIONS AND ANSWERS...
[Show more]
Content preview
CFRE CURRENT TEST QUESTIONS ANDANSWERS
Capital Campaign - ANSWER A well-organized, highly structured fundraising
program in which volunteers work alongside staff and consultants to generate funds
for specified requirements that must be satisfied within a specific time frame and
with a specific dollar objective. Allows contributors to make long-term pledges.
Community Foundation - ANSWER A philanthropic foundation dedicated to
supporting institutions in its town, which frequently receives bequests from
individuals with modest legacies.
Corporate Philanthropy - ANSWER Supporting grants, equipment supplies, or
other contributions made by businesses to charity organizations, sometimes through
established programs that include corporate foundations.
Endowment - ANSWER A principal or corpus held in a permanent fund to produce
revenue for the general or restricted use of an organization, institution, or program.
There are three components to fundraisers' work: ANSWER - Cultivation - engage
and increase enthusiasm and involvement.
-Solicitation - begging for assistance
-Stewardship - build the relationship with the donor, acknowledge gifts, and notify
the giver.
Charitable Instruments - Answer Bequests include beneficiary designations,
charitable gift annuities, and charitable trusts. Wills, revocable trusts, charitable gift
annuities, gift of a home or farm with a life estate, POD
, Planned Gift - Answer A donation provided for legally during the donor's lifetime,
but whose major benefits do not accrue to the institution until some future period,
typically at the death of the donor and/or his/her income beneficiary.
Planned Giving: ANSWER The application of strong personal, financial, and estate
planning principles to an individual donor's goals for lifetime and testamentary
giving.
Annual Giving: ANSWER Seeking funds on an annual or recurrent basis. Income
is often used for operational support.
Major Gifts - Answer A major gift (the quantity of the gift varies depending on the
requirements and aims of the organization) that can be repeated regularly. It's also a
program designation.
Constituency - Answer All individuals who have in some way been involved with
an institution, including members, contributors, participants, clients, and clients'
family.
Accountability: ANSWER It is the responsibility of the donee organization to keep
donors informed about the usage of their gifts as well as the expense of raising
them.
LAI Principle - ANSWER The fundraising principle of qualifying prospects based
on Linkages, Ability, and Interest.
Fiduciary - ANSWER involving trust, particularly the connection between a trustee
and a beneficiary.
Mission Statement: ANSWER A value statement that aims to answer the question
of why an organization exists, or its fundamental reason for existing.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller luzlinkuz. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76658 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now