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Exam (elaborations)

Exam CFRE Questions & Answers Graded A+ 2024/2025

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Exam CFRE Questions & Answers Graded A+ 2024/2025

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  • August 5, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CFRE
  • CFRE
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Bensuda
Exam CFRE Questions & Answers
Graded A+ 2024/2025

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. - ANSWERSkeeps



A buyer can purchase an annuity for themselves and their spouse, and this is called a
_______________________ - ANSWERStwo-life annuity



A donor receives credit for their gift when they send a check in an envelope on what date? -
ANSWERSdate of postmark on envelope



Is placing a check in an envelope and mailing it considered relinquishing control? Yes/No - ANSWERSyes



The general principle is the date that the donor ______________________________ of the charitable
donations is the date of the gift - ANSWERSrelinquishes control



What should the donor recognition page of a nonprofit's website always include? - ANSWERSAll donors'
names and the giving categories they fall into



Most nonprofits print an annual ______________________ to recognize generous people that support
them - ANSWERSdonor list



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. - ANSWERSshould never



A _____________ reveals a nonprofit's financial stability and its expenses. Donors can make decisions
about donations by evaluating a nonprofit's salaries and expenditures. - ANSWERSform 990

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