CFRE Exam Prep Questions With Correct Answers

CFRE Exam Prep Questions With Correct Answers Uses for Planned Gifts - answeroperations, capital improvements, endowments, mission furthering projects Benefits of Planned Gifts - answerallows the donor a tax deduction, minimizes capital gains taxes, reduces estate taxes, or provides donors with annual incomes. Other facts about planned giving - answerused in the future, in some form other than cash, not an annual gift=not repeatable, relatively large for the organization and the donor. Where do planned gifts typically come from? - answerdonor's assets and not current income What is the process of soliciting planned gifts - answerworking with donors and their advisors until the planned gifts are defined, understood and realized. Donors and their financial advisors, the organization planned giving staff member. Acquiring New Donors - answerIdentify loyal donors who have been giving for a long time or make small, recurring gifts. Reach out to them through writing articles in organization's newsletter (gift planning subjects I.e. writing a will. Also you can send letters with information about estate planning to targeted donors.