Download CFRE Exam Practice Questions: Nonprofit Fundraising and Management and more Exams Nursing in PDF only on Docsity!
CFRE updated Exam set
___________________________ can be many times larger than their annual or capital gifts - correct answer ✅✅bequest gifts A ___________ governs a nonprofit, and the ____________ manages a nonprofit's operations - correct answer ✅✅board staff A _____________ reveals a nonprofit's financial stability and its expenses. Donors can make decisions about donations by evaluating a nonprofit's salaries and expenditures. - correct answer ✅✅form 990 A board ________ a nonprofit, and the staff ____________ a nonprofit's operations - correct answer ✅✅governs manages A buyer can purchase an annuity for themselves and their spouse, and this is called a _______________________ - correct answer ✅✅two-life annuity
A development director should / should never speculate about the status of a prospect's life. Even though donor files are confidential, you never know who might read them. - correct answer ✅✅should never A donor receives credit for their gift when they send a check in an envelope on what date? - correct answer ✅✅date of postmark on envelope Although charities are exempt from the No Call List regulations, a donor who says they do not want to be called should have what on their file? - correct answer ✅✅no calls 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 An insurance policy's beneficiaries are easily ________________________. A nonprofit might be taken out of the list of beneficiaries and not be aware of it. - correct answer ✅✅changeable Bequest gifts can be many times larger/smaller than their annual or capital gifts - correct answer ✅✅larger Can correcting false assumptions change donors' minds? - correct answer ✅✅yes
Most nonprofits print an annual ______________________ to recognize generous people that support them - correct answer ✅✅donor list Nonprofit staff should take encounters regarding misunderstanding's on the Nonprofit's intention or mission to the public relations or marketing department so they can decide how it may create __________________________ or ____________________________ to reflect its contemporary mission and services based on clients' needs. - correct answer ✅✅public images messages Should all nonprofits use the same rates when they run calculations for donors who may be interested in a charitable gift annuity? - correct answer ✅✅Yes The calculation of a an ___________________ is the total dollars in annual contributions divided by the number of gifts received - correct answer ✅✅average gift The general principle is the date that the donor ______________________________ of the charitable donations is the date of the gift - correct answer ✅✅relinquishes control Using a ___________________ to set rates helps nonprofits compete for annuity customers - correct answer ✅✅national organization
Using a national organization to set _____________ helps nonprofits compete for annuity customers - correct answer ✅✅rates What reveals a nonprofit's income, expenses, and the highest salaries of their administrators, their board members' names, and total revenues for the last five years? - correct answer ✅✅form 990 What should the donor recognition page of a nonprofit's website always include? - correct answer ✅✅All donors' names and the giving categories they fall into When a nonprofit calls a donor who says he or she is on the No Call Lit and that they will report the nonprofit, what does the organization need to do?
This is because charities are _____________________ from the No Call List - correct answer ✅✅nothing exempt Why are some nonprofits reluctant to recognize the gifts of life insurance policies in capital campaign totals? - correct answer ✅✅donor can switch the policy's beneficiary
