Study guides, Class notes & Summaries

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTION Which of the following sectors attracts the most philanthropic support? - correct answer a.Social causes b.Education* c.The Arts d.Healthcare Which of the following individuals is most likely to give a major gift ? - correct answer 1. A current donor 2. An event attendee 3. A friend of a board member 4. A well-researched prospective donor The most appropriate role for a volunteer in thanking donors is to: - correct answer 1. Write a per...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS Where should the ideas of the case statement come from? - correct answer Mission Statement and Strategic Plan Who should be involved in creating the case statement? - correct answer Volunteers and staff What are the three components of the case? - correct answer Purpose: show organization mission/purpose, shows how new programs benefit, shows organization impact on the community Content: outlines key information about org like mission, goal...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS If a donor states that the amount of money an organization is asking for is very large, the best response is to tell the prospective donor that: - correct answer the amount is large, but emphasize the value and long term impact of the gift. When is the most appropriate time to begin devoting time and energy into the development and nurturing of a relationship with a donor? - correct answer Immediately upon receipt of the donor's first gift, irr...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS An annuity buyer can purchase a single-life annuity for themselves. They will be paid in installments, and when they die, the charity keeps/does not keep the principal. - correct answer keeps A buyer can purchase an annuity for themselves and their spouse, and this is called a _______________________ - correct answer two-life annuity A donor receives credit for their gift when they send a check in an envelope on what date? - correct answer dat...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS The MOST important step in the process of setting up a prospective donor research programme is to (Relationship Building): - correct answer Establish confidentiality and ethics policies. Which aspect of an organisation's history is MOST often effectively used in appealing to donors? (Relationship Building) - correct answer The role of major donors in developing the current strengths of the organisation. (The long term strength of most chariti...

What is a volunteer? anyone who works for an organization or cause without compensation Why include volunteers in fundraising? Staff can't do it all Peer to peer cultivation/solicitation is more effective Knowledge or connections staff doesn't have Shows support for the organization's mission What structures need to be in place before you recruit volunteers? Structure for recruiting How to train them Job descriptions How to match volunteers with jobs How they will be recognized How ...

What questions should the mission statement answer? Who is the audience? What's the geographical service area? What is the desired outcome? How do we achieve that outcome? What are our activities? What are the foundations for creating a culture of philanthropy at an organization? A clear sense of its mission. A clear understanding of the constituency it serves, and how the mission will serve that constituency. A vision for the organization's direction. An understanding of how the orga...

What is the LAI Principle? II.2, II.3, The 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 Socioeconomic status, giving history, generation, gender, and culture of a constituency (Test Content Outline: Domain 1 - Task 1.3) What kinds of data points should be included in a prospective donor profile? I.1 Demographics, ps...

Securing the Gift: - answer-1. Develop a compelling case for support involving stakeholders in order to communicate the rationale for supporting the orgs fundraising program. 2. Apply prospect research data to develop a solicitation plan for involvement for individual donors and/or donor groups 3. Design a comprehensive solicitation program to generate financial support for the organization's purpose. 4. Prepare donor-focused and segmented solicitation communications in order to infl...

A person is the fundraiser for a new not-for-profit organisation. Now that the first fundraising campaign has produced donors, one of the primary responsibilities of the fundraising office is to retain the donors so that they will continue giving. The BEST course of action to accomplish this is to: