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Prepare for your exams
Study with the several resources on Docsity
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Earn points by helping other students or get them with a premium plan
Sample questions and verified solutions for the cfre (certified fund raising executive) exam. It covers key areas such as relationship building, management, volunteer involvement, donor research, and securing gifts. Each question is followed by the correct answer, making it a useful resource for exam preparation and understanding fundraising principles. The questions address various aspects of fundraising, including donor retention, direct mail solicitation, volunteer structure, major gift cultivation, and strategic planning.
Typology: Exams
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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: (Relationship Building) - correct answer ✅✅Include the donors in upgrade efforts such as donor clubs. An analysis of the basic data (participants, income, and expense) from a direct mail solicitation has been completed. In order to determine the key performance measurements and effectively evaluate the direct mail programme, you will need to examine the: (Management) - correct answer ✅✅percent participation, average gift size, net income, average cost per gift, cost of fundraising, and return. An individual is the first fundraiser at an organisation with no volunteer fundraising structure.To set up the
structure, the individual should: (Volunteer Involvement) - correct answer ✅✅Take time to identify potential volunteers for the organisation, and then recruit them. (The fundraising partnership is defined as a cooperative and coordinated arrangement in which staff, board and volunteers work together to ensure an organisation' s success.) As a general rule, what is the best way to cultivate major gifts? (Relationship Building) - correct answer ✅✅Develop informed repeat donors. (The best major gift prospects are those with a present and prior relationship with an organisation.) At a celebratory campaign dinner for donors. the newly hired assistant director of fundraising for the EYZ organisation is asked to sit next to a long time donor. Not having seen biographical information ahead of time, and not knowing the individual, the fundraising professional's BEST course would be to guide the conversation to the donor's: (Relationship Building) - correct answer ✅✅involvement in the organisation. (Stewardship is the ethical care and management of the tangible and intangible assets of a non-profit organisation, especially the maintenance of its long time donor relationships.
The first step in developing a strategy for approaching prospective donors for a gift is to: (Current and Prospective Donor Research) - correct answer ✅✅research the characteristics of current donors. 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. The MOST successful method of raising funds from foundations is to submit: (Current and prospective Donor Research) - correct answer ✅✅requests to foundations whose interests and financial data identify them as prospective donors. The process of establishing the financial range of gifts that a donor will reasonable consider is referred to as: (Current and prospective Donor Research) - correct answer ✅✅Rating. (Rating is the term used to describe the process, through research and dialogue, of moving a prospect into the realm of being able to make reasonable recommendations regarding capacity and potential for making a certain sized gift.) To maximise the outcome of working with volunteer leadership, it is most important for the staff to:
(Volunteer Involvement) - correct answer ✅✅provide for effective use of volunteer time and skills. When a donor wishes to make a planned gift/bequest to the endowment fund, the fundraising officer should first: (Relationship Building) - correct answer ✅✅explore what the donor wishes to accomplish with the gift. When developing a comprehensive fundraising programme, it is important to remember that the individual MOST responsible for managing the process of constituency development is the: (Relationship Building) - correct answer ✅✅fundraising executive of the organisation. 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 charities is the human link between their major donors and the programmes and services they have supported on behalf of the community.) Which of the following is the BEST volunteer recruitment source for a planned giving/bequest programme? (Volunteer Involvement) - correct answer