Charitable giving Study guides, Class notes & Summaries

CFRE Exam Studyingaccountability - correct answer The responsibility of the donee organization to keep a donor informed about the use that is made of the donor ' s gift as well as the cost of raising it. acknowledgment Written expression of gratitude for gift or service. acknowledgment letter - correct answer A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may b...

Financial impact of death Answer Loss of income Loss of caregiver Debt repayment Income taxes Estate creation (education funds, legacies, charitable giving) Business impacts Risk Management Answer Risk avoidance Risk reduction Risk retention Risk transfer Joint (First-to-Die) Life Insurance Answer A type of permanent life coverage that insures two persons under one policy and that pays the death benefit when the first insured dies. Some contracts give the surviving life insu...

CFRE Exam Studyingaccountability - correct answer The responsibility of the donee organization to keep a donor informed about the use that is made of the donor ' s gift as well as the cost of raising it. acknowledgment Written expression of gratitude for gift or service. acknowledgment letter - correct answer A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may b...

CFRE EXAM 2024 WITH 100% ACCURATE SOLUTIONS 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. - correct answer keeps A buyer can purchase an annuity for themselves and their spouse, and this is called a _______________________ - correct answer two-life annuity A donor receives credit for their gift when they send a check in an envelope on what date? - correct answer dat...

CFRE PRACTICE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION 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: Ans- the 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? Ans- Immediately upon receipt of the donor's first gift, irres...

CFRE Exam (2023/2024) Latest Update Graded A Accountability The responsibility of the donee organization to keep a donor informed about the use that is made of the donor's gift as well as the cost of raising it. Acknowledgment Written expression of gratitude for gift or service. Acknowledgment letter A letter sent by a donee, or on behalf of a donee, to the donor, expressing appreciation for a gift and identifying the use that will be make of the gift. An acknowledgment letter may be a form l...

UHC Ethics and Compliance Certification Exam| Questions and Verified Answers| A+ Graded (2023/2024 Update) QUESTION In leu of a SOA form, agents must announce the products that will be presented at the formal or informal marketing/sales event Answer: agents may obtain an SOA for future face to face or telephonic appointments if the consumer requests the future appointment at the marketing/sales event QUESTION when conducting face to face or telephonic appointments ...

CFRE Misc10 Step Fundraising Plan-per Murry - correct answer Identification---------------> Screening ------------> Information | Gift Response ------------------------------------------> Interest | | Prospect Response Appreciation | | Solicitation <--------------- Rating <------------------- Involvement 1. _______________________ 6. Involvement 2. Screening 7._________________ 3. _______________________ 8. Solicitation 4. Interest 9. _________________ 5. _______...

The Trust Formula is computed as: (A) Credibility, Reliability, and Intimacy divided by Self Orientation (B) Competence, Reasonableness, and Intentionality divided by Self Orientation (C) Coherence, Research, and Information, divided by Significance (D) Coherence, Reliability, and Intimacy, divided by Speed Credibility, Reliability, and Intimacy divided by Self Orientation Scott and Todd Fithian list a number of areas of special expertise that may be found on the virtual planning team. Wh...

CFRE Test Questions with All Correct Answers Capital Campaign - Answer-A carefully organized, highly structured fundraising program using volunteers supported by staff and consultants to raise funds for specific needs, to be met in a specific time frame, with a specific dollar goal. Allows donors to pledge gifts to be paid over a period of years. Community Foundation - Answer-A philanthropic foundation that is specifically committed to the support of institutions in it's own community, oft...