Charitable giving - Study guides, Class notes & Summaries

CFRE - Domain 1 and 2 Exam Questions With Correct Answers What is the LAI Principle? II.2, II.3, - answerThe fundraising axiom of qualifying prospects on the basis of Linkages, Ability, and Interest. (Glossary of Fundraising Terms, CFRE website) What are typical indicators to identify trends and define characteristics? I, Task 3 - answerSocioeconomic status, giving history, generation, gender, and culture of a constituency (Test Content Outline: Domain 1 - Task 1.3) What kinds of data poi...

Life insurance Questions and Answers Rated A+ lucas owns a property that he uses as his principal residence. he resides in the property with his 20 yrs old son Jake. the property has $250,000 mortgage registered against it. upon his death, lucas would like to gift the property to his son takes over the mortgage lucas is retired and collect OAS and CPP but not enough to cover his monthly expenses. Jake earns $100,000 a year but has a bad credit history. however, jake is able to pay the mortgage...

Accountability - answer-The responsibility of the donee organization to keep a donor informed about the use that is made of the donor's gift as well as the cost of raising it. Acknowledgment - answer-Written expression of gratitude for gift or service. Acknowledgment letter - answer-A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may be a form letter, but it ...

CFRE - Domain 1 and 2 Exam Questions With Correct Answers What is the LAI Principle? II.2, II.3, - answerThe fundraising axiom of qualifying prospects on the basis of Linkages, Ability, and Interest. (Glossary of Fundraising Terms, CFRE website) What are typical indicators to identify trends and define characteristics? I, Task 3 - answerSocioeconomic status, giving history, generation, gender, and culture of a constituency (Test Content Outline: Domain 1 - Task 1.3) What kinds of data poi...

CFRE Exam Studyingaccountability - correct answer The responsibility of the donee organization to keep a donor informed about the use that is made of the donor ' s gift as well as the cost of raising it. acknowledgment Written expression of gratitude for gift or service. acknowledgment letter - correct answer A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may b...

CFRE MODULE III EXAM QUESTIONS WITH CORRECT ANSWERS when marketing planned giving the frequency of direct mail should be - answerquarterly when deveoping a case statement for major donors you should - answerbe up front and candid about your request effective fundraising communication is defined as - answera two way transmission of information thought or feeling so that it is satisfactorily received and understood the recording and tracking of contributors to ensure they are used exactly a...

True or false: Income tax is paid during the year through withholding from paychecks and/or estimated payments. - Answer True Which of the following would have tax deductible interest? - Answer Home Mortgage _______ income is the net amount of income, after considering allowable deductions, on which tax is computed. - Answer taxable A tax ______ reduces taxable income, thereby reducing the tax liability. - Answer Deduction Which of the following is not a deductible charitable...

Family Limited Partnership (FLP) Family business enterprise used to transfer wealth in a tax advantaged manner. - Have general and limited partner interest - Only general partners have management control - Limited partners are often younger - Assets are owned by the partnership - Convenient way to gift assets that are generally difficult to break up - Means of giving away property and still maintain control - Keeping appreciation taxable to younger generation Discounts: - Lack of ...

CFRE Exam Studyingaccountability - correct answer The responsibility of the donee organization to keep a donor informed about the use that is made of the donor ' s gift as well as the cost of raising it. acknowledgment Written expression of gratitude for gift or service. acknowledgment letter - correct answer A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may b...

More and more, potential donors and others interested in the org are seeking information from various "watchdog" organizations, and so part of accountability is ensuring that organizations such as these have accurate information. Examples of these org's include: GuideStar and Charity Navigator What is the IRS form that constituents may request to show information about the org? IRS Form 990 What do prospects and donors want to know? confidence their own wants/needs are being ...