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CFRE Exam Prep Qs & As!!
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CFRE Exam Prep Qs & As!!
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Name: Score:12 Multiple choice questions
Term 1 of 12
Uses for Planned Gifts
research and development, product launches, market expansion, customer service
fundraising events, marketing campaigns, employee salaries, office supplies
building maintenance, staff training, advertising, product packaging
operations, capital improvements, endowments, mission furthering projects
Definition 2 of 12
Identify loyal donors who have been giving for a long time or make small, recurring gifts. Reach
out to them through writing articles in organization's newsletter (gift planning subjects I.e. writing
a will. Also you can send letters with information about estate planning to targeted donors.
Definition Of A Bequest
Benefits Of Planned Gifts
Life Income Gifts
Acquiring New Donors
Definition 3 of 12
the donor saves taxes three ways 1. through charitable deduction. 2. avoidance of capital gains tax
3. and reduction of real estate tax
Outright gift of appreciated stocks or bonds
Reporting to the IRS gifts of tangible property
Other facts about planned giving
What is the process of soliciting planned gifts
, Term 4 of 12
Where do planned gifts typically come from?
bequests and wills
operations, capital improvements, endowments, mission furthering projects
donor's assets and not current income
funded through appreciated stock, bonds or real estate. saves taxes and also allows donor
to receive an income for their life time
Definition 5 of 12
Bequests and Wills
Other facts about planned giving
Definition of a bequest
Uses for planned gifts
Easiest form form of planned giving
Term 6 of 12
Benefits of Planned Gifts
bequests and wills
is a way for an individual to transfer ownership of a specific asset to another person or
charitable organization upon death. The will is the document through which the transfer is
accomplished.
*Requires minimum start-up funds.
allows the donor a tax deduction, minimizes capital gains taxes, reduces estate taxes, or
provides donors with annual incomes.
used in the future, in some form other than cash, not an annual gift=not repeatable,
relatively large for the organization and the donor.
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