CFRE Study guides, Class notes & Summaries

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: - answer-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? - answer-Immediately upon receipt of the donor's first gift, irrespective of the gift size The primary purpose of rating an o...

Any individual who works without compensation on behalf of an org or cause, whether temporarily or on a relative continuous basis volunteer Why include volunteers in fundraising? staff can't do it all (staff bring scope, depth, knowledge)... peer to peer cultivation/solicitation are more effective than when done by staff... volunteers often have knowledge or connections staff can't access... volunteers show there is support for org's mission, boosting credibility in the community and...

- Module 9: Accountability - 1. Laying the groundwork for accountability includes these five key "steps": 1. Mission and purpose describe why the org exists 2. Tracking and reporting to ensure donors' intentions are honored 3. Using communications strategies and tools ensures stakeholders are confident 4. Watchdog orgs need up-to-date, accurate info 5. Easily available tax forms can reassure constituents - Module 9: Accountability - 2. What seven things do prospects and donors w...

Where should the ideas of the case statement come from? Mission Statement and Strategic Plan Who should be involved in creating the case statement? Volunteers and staff What are the three components of the case? Purpose: show organization mission/purpose, shows how new programs benefit, shows organization impact on the community Content: outlines key information about org like mission, goals, governance budget, staff competence facilities, etc. Focus: unrestricted support, res...

Sales Associates knowledge should include Property transfer, market conditions, how to market real estate and businesses Al licensed or certified appraiser is always required when an original loan is federally related If a sales Associate moved from Florida to San Diego to work for the same Broker The commission must be notified within 60 days A Florida Resident is defined as a person who has been/intends to reside in Florida for 4 months Individiuals who earned a...

More and more, potential donors and others interested in the org are seeking information from various "watchdog" organizations, and so part of accountability is ensuring that organizations such as these have accurate information. Examples of these org's include: GuideStar and Charity Navigator What is the IRS form that constituents may request to show information about the org? IRS Form 990 What do prospects and donors want to know? confidence their own wants/needs are being ...

Philanthropy voluntary action for the common good Giving nearly always implies a connection to the org, satisfies one or more personal needs and may provide some type of return in what the org will do. key activities in fundraising - research - marketing - relationships - ethics & accountability research supports fundraising by - identifying stakeholders & donors - providing information about stakeholders - ensures appropriate resource allocation - supports plannin...

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. acknowledgement 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 made of the gift. An acknowledgment letter may be a form letter, but it is usually perso...

ethics and personal financial gain Funds cannot be raised for the personal financial gain of the fundraiser and the funds must be collected carefully with respect to free choice without pressure harassment intimidation or coercion ethics and donor wishes Fundraisers must act responsibly regarding donations, they should be given voluntarily and be used in line with the goals of the organization, and in accordance with the donors wishes if expressed Who do fundraisers answer to? F...

What is the LAI Principle? II.2, II.3, The fundraising axiom of qualifying prospects on the basis of Linkages, Ability, and Interest. (Glossary of Fundraising Terms, CFRE website) What are typical indicators to identify trends and define characteristics? I, Task 3 Socioeconomic status, giving history, generation, gender, and culture of a constituency (Test Content Outline: Domain 1 - Task 1.3) What kinds of data points should be included in a prospective donor profile? I.1 Demog...