Exam (elaborations)
RPL 508 exam questions & answers 2024/2025
- Course
- Institution
RPL 508 exam questions & answers 2024/2025
[Show more]
Content preview
RPL 508 exam questions & answers2024/2025
Prospect & Donor Development - ANSWERSTerm used primarily with non-profit sector in relation to
donor development. Refers to the process by which a prospective donor is moved through stages
Endowment - ANSWERSLives on forever. Ex: $10,000 in the bank collects interest, but only that interest
can be used/spent. Money can be added to the endowment but cannot be taken out.
First stage of Moves Management - ANSWERSQualification (capacity and interest)
Second stage of Moves Management - ANSWERSCultivation (relationship building)
Third stage of Moves Management - ANSWERSSolicitation (the "ask")
Fourth stage of Moves Management - ANSWERSStewardship (relational)
Zero-based budget - ANSWERSIncome minus expenses equals zero. Best for people with a set monthly
income. Calculate monthly income, add up monthly spendings and savings to equal that income amount.
The most time-consuming method
50/30/20 budget - ANSWERSRequires less work than zero-based budget and envelope budgets. Great
option for newbie budgeters, might be unrealistic for people with a lot of debt or big saving goals
50% - ANSWERSNecessary/needs expenses (housing, groceries, utilities, transportation)
30% - ANSWERSDiscretionary/wants expenses (vacation, hobbies, shopping)
20% - ANSWERSSavings and debt payments (emergency fund, retirement, loans)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79650 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now