ORGS 305 M5CH11 Philanthropic Fund Raising fully solved 2023/2024

ORGS 305 M5CH11 Philanthropic Fund Raisingcharity - correct answer includes gifts to meet immediate human needs philanthropy - correct answer this is giving to strengthen the infrastructure of society, that is, to develop institutions that serve human needs or enhance human development over the long run development office - correct answer employees from this office are primarily engaged in fund-raising institutional advancement - correct answer this describes the activities performed by its members operating foundations - correct answer These foundations support their own programs and generally do not make grants to other organizations fund-raising process - correct answer Determine priorities and develop the case; identify and qualify prospects; cultivate relationships with prospects; solicit the gift; acknowledge the gift and recognize the donor; steward the gift and the relationship with the donor annual fund - correct answer funds that support current operating needs major gift - correct answer gifts typically are at least five figures or more and are often pledged to be paid over a period of 3 to 5 years principal gift - correct answer transformative gifts that have a significant impact on the organization, and they may total in the millions of dollars regular gifts - correct answer gifts that people make on a recuring basis, usually to support the annual fund special gifts - correct answer gifts are those that individual donors make to meet some non-recurring need of the organization stretch gifts - correct answer giving that requires some real sacrifice on the part of the donor charitable remainder trusts (charitable gift annuities) - correct answer arrangement that provide for the donor or another beneficiary to receive lifetime income, with the charitable organization not gaining full use of the donated assets until after the death of the donor or the last income recipient. aequential fund-raising - correct answer when prospects are solicited in a planned sequence beginning with those closest to the organization and the most promising prospects, proceeding later to those who are less related or who are deemed to have less financial potential ability, linkage, interest - correct answer ability to give, linkage and interest in organization advancement - correct answer encompasses not only fund-raising or development, but also the related activities of communications, marketing, and other programs for constituent relations. advancement services - correct answer an important nonprofit subspecialty, encompassing all the back-office operations such as gift recording and acknowledgement, prospect research, and information systems management. Association of Fundraising Professionals - correct answer (AFP) developed a code of ethical principles for nonprofit fundraisers (page 292). bequest - correct answer something left to someone in a will campaign - correct answer A series of actions intended to accomplish a goal case statement - correct answer a written version of the case for a specific constituency or campaign