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Exam (elaborations)

CFRE Practice Test Questions & Answers 2024/2025

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CFRE Practice Test Questions & Answers 2024/2025 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: - ANSWERSthe amount is large, but emphasize the value and long term impact of the gift. When is t...

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  • August 5, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CFRE Practice
  • CFRE Practice
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CFRE Practice Test Questions &
Answers 2024/2025

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: - ANSWERSthe 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? - ANSWERSImmediately upon receipt of the donor's first gift,
irrespective of the gift size



The primary purpose of rating an organization's prospective donors is to determine their: -
ANSWERSpotential to give to the organization.



When budgeting the costs for a new fundraising software package, in addition to the initial purchase and
upgrades, a fundraiser also should factor in: - ANSWERSthe cost for maintenance and warranties.



The primary challenge in maintaining an effective relationship between a donor and a fundraiser is: -
ANSWERSmaintaining professional balance in the relationship.



Based on based giving records, a fundraiser is visiting a prospective major gift donor for the first time.
Because the prospective donor has never been visited by the organization, the most appropriate strategy
is to: - ANSWERSlearn about the prospective donor's interests and link to the organization.



The most essential factor in sending gift acknowledgement letters is: - ANSWERSspeed of delivery.



The first prospects to be asked to support any campaign are the: - ANSWERSboard members



In marketing, what does SWOT analysis stands for? - ANSWERSstrength, weakness, opportunities, threats

,In order to be effective, it is essential that the vision and mission be continually expressed by the
organization's: - ANSWERSleadership



When interviewing prospective fundraising employees, it is most important to avoid: -
ANSWERSquestions that may be construed as personal.



When developing a specific solicitation plan for an individual donor, the most important considerations
are: - ANSWERSthe connection between a prospective donor's passion and an organization's need.



When soliciting leadership gifts for an organization, it is most important to: - ANSWERSenlist the
prospect's peers to make the visit.



A governing board's principal relationship is with the organization's: - ANSWERSchief executive officer.



Which of the following responses best describes three hidden costs encountered in a capital project? -
ANSWERSFundraising, attrition, and inflation



In the context of rating prospective donors, LAI stands for: - ANSWERSlinkage, ability, interest.



In evaluating fundraising programs, the relationship between fundraising costs and results is linked to
each method used, the maturity of each program, and - ANSWERSprevious performance.



An organization has decided to hire a local fundraising consultant to work in its office one day per week
to oversee and direct a campaign. The CEO has asked you to ensure the organization's interests are
protected. A contract should be written establishing that the consultant will be paid: - ANSWERSin
accordance with a code of professional ethics.



Establishing the financial range of gifts that a donor will reasonably consider is referred to as a donor: -
ANSWERSrating



The single most important element in a direct mail campaign is: - ANSWERSthe list of prospective new
donors.

, Which method is most effective in establishing a two-way relationship with a donor? - ANSWERSAllowing
the donor to select the time, frequency and method.



In hiring a firm for contracted services, it is best to start with: - ANSWERSreferrals.



The most important open line of communication is between the fundraising director and the
organization's - ANSWERSchief executive officer.



Before beginning to write the case for support for an upcoming campaign, it is most important to: -
ANSWERSacquire an understanding of the various donor target markets.



Which of the following is the most critical factor affecting the success of a capital campaign? -
ANSWERSLeadership by the board.



A nonprofit organization considering a new planned giving/legacy program must first: -
ANSWERSunderstand it may take years for a return on investment.



The fundraiser has been asked to report on monthly activities. In designing the written report, what are
the best activities to measure? - ANSWERSPhone calls, visits, solicitations



An integrated approach to fundraising is best described as: - ANSWERSmatching cases with
constituencies and setting goals for each segment and each case or campaign.



Which statement is the most true about solo solicitors? - ANSWERSMay be appropriate depending on
the relationship between the prospective donor and solicitor



Accuracy in constituents' records within an organization's donor database is best measured by the
number of: - ANSWERSvalid addresses



When an evaluation component is being incorporated into a funding proposal, all of the following steps
are necessary except: - ANSWERSstating objectives as broadly as possible.

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