CERTIFIED FUND RAISING EXECUTIVE (CFRE) EXAM STUDY
GUIDE | QUESTIONS & ANSWERS | NEW 2026/2027 UPDATE |
GRADED A+| 100% CORRECT (VERIFIED SOLUTIONS)
Accountabily -
ANSWER
The responsibility of a donee organization to keep a donor informed about the use of the donor's
gift. (See Donor Bill of Right's)
Acknowledge -
ANSWER
To express gratitude for (a gift or service) in written or oral form, communicated privately or publicly
Annual Fund -
ANSWER
Any organized effort by a nonprofit institution or program to secure gifts on an annual basis, either
by mail or through direct solicitation, or both. It includes gifts that are made in response to an annual
fund solicitation to underwrite budgeted expenses and are repeatable/replaceable. Frequently called
Annual Appeal, or Annual Giving Program.
Annual Gift -
ANSWER
A donation given yearly to provide reliable monies for ongoing programs and services
Benefit -
ANSWER
A form of fundraising that involves the organization and staging of a special event for charitable
purposes, with all proceeds above expenses designated as a charitable contribution to the charitable
institution concerned.
Campaign -
ANSWER
An organized effort to raise funds for a nonprofit organization through solicitation by volunteers or
by direct mail or both.
, Capital Campaign -
ANSWER
A campaign to raise substantial funds for a nonprofit organization to finance major building projects,
to supplement endowment funds and to meet other needs demanding extensive outlays of capital
Case -
ANSWER
The combination of reasons advanced by an institution or agency in justifying its appeals for
support, with emphasis on its past, present and potential services. One of the three basic pedestals
upon which fundraising success must rest. The others are Leadership and fields of support.
Case Statement -
ANSWER
A carefully prepared document that sets forth in detail the reasons why an institution or agency
merits support with substantial documentation of its services, its Human Resources, its potential for
greater service, its needs and its future plans.
Charitable Gift Annuity -
ANSWER
As stipulated in an irrevocable contract, a fixed sum of money paid at certain regulars times by a
charity to a donor or other designated beneficiary, or both, in exchange for the donor's gift of cash or
property
Charitable Institution -
ANSWER
Any private institution or agency that operates on a nonprofit basis for the public good and which is
therefore exempt from taxation, with the exception of commercial operations in which it may be
involved.
Constituency -
ANSWER
A category of donors and prospective donors, such as alumni, parents, members, staff doctors,
former patients, and in a broader sense, individuals, corporations and foundations
GUIDE | QUESTIONS & ANSWERS | NEW 2026/2027 UPDATE |
GRADED A+| 100% CORRECT (VERIFIED SOLUTIONS)
Accountabily -
ANSWER
The responsibility of a donee organization to keep a donor informed about the use of the donor's
gift. (See Donor Bill of Right's)
Acknowledge -
ANSWER
To express gratitude for (a gift or service) in written or oral form, communicated privately or publicly
Annual Fund -
ANSWER
Any organized effort by a nonprofit institution or program to secure gifts on an annual basis, either
by mail or through direct solicitation, or both. It includes gifts that are made in response to an annual
fund solicitation to underwrite budgeted expenses and are repeatable/replaceable. Frequently called
Annual Appeal, or Annual Giving Program.
Annual Gift -
ANSWER
A donation given yearly to provide reliable monies for ongoing programs and services
Benefit -
ANSWER
A form of fundraising that involves the organization and staging of a special event for charitable
purposes, with all proceeds above expenses designated as a charitable contribution to the charitable
institution concerned.
Campaign -
ANSWER
An organized effort to raise funds for a nonprofit organization through solicitation by volunteers or
by direct mail or both.
, Capital Campaign -
ANSWER
A campaign to raise substantial funds for a nonprofit organization to finance major building projects,
to supplement endowment funds and to meet other needs demanding extensive outlays of capital
Case -
ANSWER
The combination of reasons advanced by an institution or agency in justifying its appeals for
support, with emphasis on its past, present and potential services. One of the three basic pedestals
upon which fundraising success must rest. The others are Leadership and fields of support.
Case Statement -
ANSWER
A carefully prepared document that sets forth in detail the reasons why an institution or agency
merits support with substantial documentation of its services, its Human Resources, its potential for
greater service, its needs and its future plans.
Charitable Gift Annuity -
ANSWER
As stipulated in an irrevocable contract, a fixed sum of money paid at certain regulars times by a
charity to a donor or other designated beneficiary, or both, in exchange for the donor's gift of cash or
property
Charitable Institution -
ANSWER
Any private institution or agency that operates on a nonprofit basis for the public good and which is
therefore exempt from taxation, with the exception of commercial operations in which it may be
involved.
Constituency -
ANSWER
A category of donors and prospective donors, such as alumni, parents, members, staff doctors,
former patients, and in a broader sense, individuals, corporations and foundations
