CFRE EXAM FLASH CARDS WITH
ACCURATE SOLUTIONS
Accountability j- jcorrect janswers j-The jresponsibility jof jthe jdonee jorganization jto jkeep
ja jdonor jinformed jabout jthe juse jthat jis jmade jof jthe jdonor's jgift jas jwell jas jthe jcost
jof jraising jit.
Acknowledgment j- jcorrect janswers j-Written jexpression jof jgratitude jfor jgift jor jservice.
Acknowledgment jletter j- jcorrect janswers j-A jletter jsent jby ja jdonee, jor jon jbehalf jof ja
jdonee, jto jthe jdonor, jexpressing jappreciation jfor ja jgift jand jidentifying jthe juse jthat
jwill jbe jmake jof jthe jgift. jAn jacknowledgment jletter jmay jbe ja jform jletter, jbut jit jis
jusually jpersonalized.
Acquisition jmailing j(or jprospect jmailing) j- jcorrect janswers j-A jmailing jto jprospects jto
jacquire jnew jmembers jor jdonors.
Advance jgifts j- jcorrect janswers j-Gifts jgiven jor jpledged jbefore ja jpublic
jannouncement jof ja jcampaign. jThey jare jsolicited jbefore ja jcampaign jis jannounced
,jbecause jthe jsuccess jor jfailure jof ja jcampaign jmay jdepend jon jthe jsize jof jthe
jadvance jgifts.
Advisory jboard j- jcorrect janswers j-A jgroup jof jinfluential jand jprominent jindividuals
jwhose jassociation jwith ja jdevelopment jprogram jis jcalculated jto jlend jluster jand
jimplied jendorsement jof jthe jprogram's jgoals jand jobjectives.
Analysis j- jcorrect janswers j-That jsection jof ja jstudy jthat jdeals jwith jthe jfactors
jessential jto jsuccess jin ja jfundraising jprogram; jprincipally jthe jcase jfor jsupport,
jleadership jpotential, jand jfields jof jsupport.
Annual jgiving j- jcorrect janswers j-Annually jrepeating jgift jprograms; jseeking jfunds jon
jannual jor jrecurring jbasis jfrom jthe jsame jconstituency; jincome jis jgenerally jused jfor
joperating jbudget jsupport.
Annual jreport j- jcorrect janswers j-A jyearly jreport jof jfinancial jand jorganizational
jconditions jprepared jby jthe jmanagement jof jan jorganization.
Anonymous jgift j- jcorrect janswers j-A jgift jwhose jannouncement, jby jspecific jwish jof
jthe jdonor, jcan jinclude jonly jthe jamount; jthe jname jof jthe jdonor jis jwithheld.
Appreciated jreal jproperty jand jsecurities jgift j- jcorrect janswers j-Gifts jof jreal jestate jor
jsecurities, jwhich jwhen jheld jlong jterm jare jdeductible jfor jfederal jincome jtax jpurposes
jat jthe jfull jfair jmarket jvalue jwith jno jcapital jgain jon jthe jappreciation. jHowever, jthe
jappreciation jis ja jtax jpreference jitem, jand jproper jcounsel jshould jbe jobtained jto
jevaluate jwhether jthis jwould jhave jalternative jminimum jtax jconsequences.
Associates j- jcorrect janswers j-A jterm jused jvariously jto jdescribe ja jgroup jof
jindividuals jwho jmay jbe jsupporting jan jinstitution jthrough jcontributions jat ja jprescribed
jlevel, jserving jin ja jspecial jadvisory jcapacity, jor jserving jas ja jsponsoring jbody jfor
jspecial jinstitutional jevents.
Audit j- jcorrect janswers j-An jinternal jevaluation jof jdevelopment jprocedures jas
jpracticed jby ja jnonprofit jinstitution jor jagency; jnormally jconducted jby jprofessional
jfundraising jcounsel.
Bargain jsale j- jcorrect janswers j-The jsale jof jproperty jat jless jthan jits jfair jmarket
jvalue. jFrequently, ja jperson jwill jsell jproperty jto ja j501(c)(3) jorganization jor jinstitution
jat ja j"bargain" jprice j(for jexample, jthe jindividual's jcost jas jopposed jto jits jmarket
jvalue). jThe jtransaction jis jpartly ja jgift jand jpartly ja jsale.
Benefactor j- jcorrect janswers j-One jwho jmakes ja jmajor jgift jto jan jinstitution jor
jagency; jalso, jan jarbitrary jclassification jof jcontributors jwhose jgifts jare jabove ja
jcertain jlevel, jwhich jis jcalculated jto jsingle jthem jout jas ja jgroup jand jto jstimulate
jsimilar jgiving jby jothers.
, Benefit jevent j- jcorrect janswers j-A jform jof jfundraising jthat jinvolves jthe jorganization
jand jstaging jof ja jspecial jevent jfor jcharitable jpurposes; jall jproceeds jabove jexpenses
jare jdesignated jas ja jcontribution jto jthe jcharitable jinstitution jconcerned.
Benevolence j- jcorrect janswers j-A jdisposition jto jdo jgood; jan jact jof jkindness; ja
jgenerous jgift.
Bequest j- jcorrect janswers j-A jtransfer, jby jwill, jof jpersonal jproperty jsuch jas jcash,
jsecurities, jor jother jtangible jproperty.
Big jgifts j- jcorrect janswers j-A jgeneral jterm jused jto jsignify jgifts jin jupper jranges, jthe
jprecise jlimits jvarying jfrom jinstitution jto jinstitution. jTheir jimportance jis jemphasized jin
jall jfundraising jcampaigns.
Board jof jdirectors j- jcorrect janswers j-Individuals jselected j(for jexample, jby jother
jdirectors jor jmembers) jin jaccordance jwith jlaw j(usually jreflected jin jbylaws) jto
jestablish jpolicy jand joversee jthe jmanagement jof jan jorganization jor jinstitution.
Book jvalue j- jcorrect janswers j-The jamount jof jan jasset jstated jin ja jcompany's
jrecords, jnot jnecessarily jthe jamount jit jcould jbring jon jthe jopen jmarket.
Bricks jand jmortar j- jcorrect janswers j-Common jmanner jof jalluding jto jthe jphysical
jplant jneeds jof jan jinstitution jand jto jthe jcampaigns jdesigned jto jsecure jthe jnecessary
jfunds. jA j"bricks jand jmortar jcampaign" jis ja jcampaign jto jraise jbuilding jfunds.
Budget j- jcorrect janswers j-A jdetailed jbreakdown jof jestimated jincome jand jexpenses
jfor ja jdevelopment jprogram, jprepared jin jadvance. jBudgets jshow jvarious jcost
jcategories, jincluding jpersonnel, jprinted jmaterials, jpurchase jand jrental jof jequipment,
joffice jexpense, jheadquarters, jmailing jcharges, jcosts jof jevents, jand jso jon.
Campaign j- jcorrect janswers j-An jorganized jeffort jto jraise jfunds jfor ja jnonprofit
jorganization.
Campaign jcosts j- jcorrect janswers j-Expenditures jthat jare jdeemed jessential jto jthe
jplanning jand joperation jof ja jcampaign jand jthat jare jdirectly jrelated jto jcampaign
jbudget jprojections.
Campaign jleadership j- jcorrect janswers j-Top jvolunteers jwho jare jan jessential
jingredient jof jany jcampaign jorganization jand jone jof jthe jthree jmajor jpedestals jon
jwhich jfundraising jsuccess jmust jrest, jthe jothers jbeing jthe jcase jand jsources jof
jsupport. jCampaign jleaders jprovide jand jmaintain jthe jmomentum jand jenthusiasm
jessential jto jthe jmotivation jof jthe jentire jorganization jof jvolunteers.
Campaign jmaterials j- jcorrect janswers j-General jterm jused jto jdenote jcampaign jforms
jof jall jkinds; jmaterials jrequired jfor jcampaign jworkers, jfact jsheets, jprospect jlists, jand
ACCURATE SOLUTIONS
Accountability j- jcorrect janswers j-The jresponsibility jof jthe jdonee jorganization jto jkeep
ja jdonor jinformed jabout jthe juse jthat jis jmade jof jthe jdonor's jgift jas jwell jas jthe jcost
jof jraising jit.
Acknowledgment j- jcorrect janswers j-Written jexpression jof jgratitude jfor jgift jor jservice.
Acknowledgment jletter j- jcorrect janswers j-A jletter jsent jby ja jdonee, jor jon jbehalf jof ja
jdonee, jto jthe jdonor, jexpressing jappreciation jfor ja jgift jand jidentifying jthe juse jthat
jwill jbe jmake jof jthe jgift. jAn jacknowledgment jletter jmay jbe ja jform jletter, jbut jit jis
jusually jpersonalized.
Acquisition jmailing j(or jprospect jmailing) j- jcorrect janswers j-A jmailing jto jprospects jto
jacquire jnew jmembers jor jdonors.
Advance jgifts j- jcorrect janswers j-Gifts jgiven jor jpledged jbefore ja jpublic
jannouncement jof ja jcampaign. jThey jare jsolicited jbefore ja jcampaign jis jannounced
,jbecause jthe jsuccess jor jfailure jof ja jcampaign jmay jdepend jon jthe jsize jof jthe
jadvance jgifts.
Advisory jboard j- jcorrect janswers j-A jgroup jof jinfluential jand jprominent jindividuals
jwhose jassociation jwith ja jdevelopment jprogram jis jcalculated jto jlend jluster jand
jimplied jendorsement jof jthe jprogram's jgoals jand jobjectives.
Analysis j- jcorrect janswers j-That jsection jof ja jstudy jthat jdeals jwith jthe jfactors
jessential jto jsuccess jin ja jfundraising jprogram; jprincipally jthe jcase jfor jsupport,
jleadership jpotential, jand jfields jof jsupport.
Annual jgiving j- jcorrect janswers j-Annually jrepeating jgift jprograms; jseeking jfunds jon
jannual jor jrecurring jbasis jfrom jthe jsame jconstituency; jincome jis jgenerally jused jfor
joperating jbudget jsupport.
Annual jreport j- jcorrect janswers j-A jyearly jreport jof jfinancial jand jorganizational
jconditions jprepared jby jthe jmanagement jof jan jorganization.
Anonymous jgift j- jcorrect janswers j-A jgift jwhose jannouncement, jby jspecific jwish jof
jthe jdonor, jcan jinclude jonly jthe jamount; jthe jname jof jthe jdonor jis jwithheld.
Appreciated jreal jproperty jand jsecurities jgift j- jcorrect janswers j-Gifts jof jreal jestate jor
jsecurities, jwhich jwhen jheld jlong jterm jare jdeductible jfor jfederal jincome jtax jpurposes
jat jthe jfull jfair jmarket jvalue jwith jno jcapital jgain jon jthe jappreciation. jHowever, jthe
jappreciation jis ja jtax jpreference jitem, jand jproper jcounsel jshould jbe jobtained jto
jevaluate jwhether jthis jwould jhave jalternative jminimum jtax jconsequences.
Associates j- jcorrect janswers j-A jterm jused jvariously jto jdescribe ja jgroup jof
jindividuals jwho jmay jbe jsupporting jan jinstitution jthrough jcontributions jat ja jprescribed
jlevel, jserving jin ja jspecial jadvisory jcapacity, jor jserving jas ja jsponsoring jbody jfor
jspecial jinstitutional jevents.
Audit j- jcorrect janswers j-An jinternal jevaluation jof jdevelopment jprocedures jas
jpracticed jby ja jnonprofit jinstitution jor jagency; jnormally jconducted jby jprofessional
jfundraising jcounsel.
Bargain jsale j- jcorrect janswers j-The jsale jof jproperty jat jless jthan jits jfair jmarket
jvalue. jFrequently, ja jperson jwill jsell jproperty jto ja j501(c)(3) jorganization jor jinstitution
jat ja j"bargain" jprice j(for jexample, jthe jindividual's jcost jas jopposed jto jits jmarket
jvalue). jThe jtransaction jis jpartly ja jgift jand jpartly ja jsale.
Benefactor j- jcorrect janswers j-One jwho jmakes ja jmajor jgift jto jan jinstitution jor
jagency; jalso, jan jarbitrary jclassification jof jcontributors jwhose jgifts jare jabove ja
jcertain jlevel, jwhich jis jcalculated jto jsingle jthem jout jas ja jgroup jand jto jstimulate
jsimilar jgiving jby jothers.
, Benefit jevent j- jcorrect janswers j-A jform jof jfundraising jthat jinvolves jthe jorganization
jand jstaging jof ja jspecial jevent jfor jcharitable jpurposes; jall jproceeds jabove jexpenses
jare jdesignated jas ja jcontribution jto jthe jcharitable jinstitution jconcerned.
Benevolence j- jcorrect janswers j-A jdisposition jto jdo jgood; jan jact jof jkindness; ja
jgenerous jgift.
Bequest j- jcorrect janswers j-A jtransfer, jby jwill, jof jpersonal jproperty jsuch jas jcash,
jsecurities, jor jother jtangible jproperty.
Big jgifts j- jcorrect janswers j-A jgeneral jterm jused jto jsignify jgifts jin jupper jranges, jthe
jprecise jlimits jvarying jfrom jinstitution jto jinstitution. jTheir jimportance jis jemphasized jin
jall jfundraising jcampaigns.
Board jof jdirectors j- jcorrect janswers j-Individuals jselected j(for jexample, jby jother
jdirectors jor jmembers) jin jaccordance jwith jlaw j(usually jreflected jin jbylaws) jto
jestablish jpolicy jand joversee jthe jmanagement jof jan jorganization jor jinstitution.
Book jvalue j- jcorrect janswers j-The jamount jof jan jasset jstated jin ja jcompany's
jrecords, jnot jnecessarily jthe jamount jit jcould jbring jon jthe jopen jmarket.
Bricks jand jmortar j- jcorrect janswers j-Common jmanner jof jalluding jto jthe jphysical
jplant jneeds jof jan jinstitution jand jto jthe jcampaigns jdesigned jto jsecure jthe jnecessary
jfunds. jA j"bricks jand jmortar jcampaign" jis ja jcampaign jto jraise jbuilding jfunds.
Budget j- jcorrect janswers j-A jdetailed jbreakdown jof jestimated jincome jand jexpenses
jfor ja jdevelopment jprogram, jprepared jin jadvance. jBudgets jshow jvarious jcost
jcategories, jincluding jpersonnel, jprinted jmaterials, jpurchase jand jrental jof jequipment,
joffice jexpense, jheadquarters, jmailing jcharges, jcosts jof jevents, jand jso jon.
Campaign j- jcorrect janswers j-An jorganized jeffort jto jraise jfunds jfor ja jnonprofit
jorganization.
Campaign jcosts j- jcorrect janswers j-Expenditures jthat jare jdeemed jessential jto jthe
jplanning jand joperation jof ja jcampaign jand jthat jare jdirectly jrelated jto jcampaign
jbudget jprojections.
Campaign jleadership j- jcorrect janswers j-Top jvolunteers jwho jare jan jessential
jingredient jof jany jcampaign jorganization jand jone jof jthe jthree jmajor jpedestals jon
jwhich jfundraising jsuccess jmust jrest, jthe jothers jbeing jthe jcase jand jsources jof
jsupport. jCampaign jleaders jprovide jand jmaintain jthe jmomentum jand jenthusiasm
jessential jto jthe jmotivation jof jthe jentire jorganization jof jvolunteers.
Campaign jmaterials j- jcorrect janswers j-General jterm jused jto jdenote jcampaign jforms
jof jall jkinds; jmaterials jrequired jfor jcampaign jworkers, jfact jsheets, jprospect jlists, jand
