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CFRE Practice Exam Questions and Answers with Complete Solution. 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,...

CFRE Exam Questions with correct Answers

CFRE Practice Exam Questions and Answers with Complete Solution. 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,...

CFRE Exam Questions and Answers 100% Accurate CFRE Exam Questions and Answers 100% Accurate CFRE Exam Questions and Answers 100% Accurate CFRE Exam Questions and Answers 100% Accurate Accountability - ANSWER-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. Acknowledgment - ANSWER-Written expression of gratitude for gift or service. Acknowledgment letter - ANSWER-A l...

Explain growth of the Nonprofit Sector 1) Philanthropy and nonprofit organizations have always played a significant role in US society 2) They play an even more significant role today 3) The nonprofit sector has grown to be a larger part of the US economy Explain philanthropy in US versus other countries. In the US, philanthropy compare to business and government plays a larger relative role in the economy compared to other countries (no tax deduction in Europe). What are some ...

CFRE Exam Questions with correct Answers

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. acknowledgment 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 make of the gift. An acknowledgment letter may be a form letter, but it is usually per...

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Philanthropy voluntary action for the common good... - Robert L. Payton, as quoted in Greenfield's Fundraising Fundamentals Number of nonprofits registered with IRS US: 1.4 mil; 63% registered as 501c3... 161K in Canada Donors give for the following reasons moral obligation to help... personal satisfaction of helping others... to remove guilt for not giving... to maintain/improve social status... peer pressure... compassion/empathy... personal identification... self-interest......

CFRE Exam Questions and Answers