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CFRE; RELATIONSHIP BUILDING EXAM

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  • September 9, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • cfre
  • CFRE; RELATIONSHIP BUILDING
  • CFRE; RELATIONSHIP BUILDING
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CFRE; RELATIONSHIP BUILDING EXAM
2024-2025

What are donors' reasons for giving? - ANSWER To gain social approval.
To gain a position of influence in helping determine the future of the institution
and the lives of those it serves
Because of commitment to the same purpose.

Moral responsibility to "be thy brother's keeper"

Donors receive direct personal perks, such as access to events and celebrities.

To obtain tax or financial planning benefits

A commitment to the community's general well-being.

To reduce negative emotions like guilt, fear, or wrath.

To achieve immortality. (For example, have a building named after them.)

To exhibit a strong emotion. (In memory or honour of a loved one.)


What exactly is the definition of cultivation? - ANSWER the steady development
of interest in an important prospective donation via exposure to the institution,
people, needs, and plans, culminating in the consideration of a major gift.


What is the objective of cultivating (4)? ANSWER adds prospects to the donor
base.

helps convert prospects into active and frequent donors.

helps improve relationships.

supports the organization's mission.

, Who should be involved in establishing the cultivation plan? - ANSWER:
Development Officer

-CEO

-The board of directors

-Community volunteers

-The program leader


What are the procedures in developing a general cultivation plan? - ANSWER 1:
identify constituent groups.

2. Conduct prospect research.

3. Determine the connectivity, capacity, and capability.

4. Determine the best relationship.

5. Outline the moves management plan.


What is the first stage in developing an organization's cultivation plan? ANSWER
Research - Prospecting


What is the second step of an organization's cultivation plan? - ANSWER Inquire,
Approach, and Involve - send a letter of inquiry or make a phone call to determine
the most appropriate and successful strategy to cultivate, such as inviting a decision
maker to visit the location.


What is the third phase in a cultivation strategy for organizations? - ANSWER
Create a request by defining a project or funding opportunity that aligns with the
objectives of the funding source and your mission.

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