Trivia Flashcards

Which year was the Association of Fundraising Professionals (AFP) originally founded?

Answer: 1954

AFP was founded in 1954 as the National Society of Fund Raisers, later rebranded to its current name.

What does the acronym 'LYBUNT' stand for in fundraising?

Answer: Last Year But Unfortunately Not This year

LYBUNT identifies donors who gave last year but unfortunately not this year, helping prioritize lapsed donor outreach.

The 'Rule of Thirds' in capital campaign planning refers to what concept?

Answer: One-third of goal from top 10 donors, one-third from next tier, one-third from everyone else

The Rule of Thirds suggests the top 10 donors give one-third, the next 100 donors give one-third, and all remaining donors give one-third of the campaign goal.

Under IRS rules, what is the maximum gift amount a donor can give to a public charity before needing a written acknowledgment to claim a deduction?

Answer: $250

Donors need a written acknowledgment from the charity for any single contribution of $250 or more to substantiate their deduction.

Which fundraising strategy involves asking a donor for a gift that is significantly larger than their previous contribution?

Answer: Stretch ask

A stretch ask encourages donors to give at a level somewhat beyond their past giving to grow their philanthropic investment.

What is 'phonathon' fundraising most commonly associated with?

Answer: Higher education alumni giving programs

Phonathons originated in higher education and remain most associated with university alumni annual fund campaigns using student callers.

In planned giving, what is a 'bequest intention' document?

Answer: A non-binding letter stating a donor plans to leave a gift to a nonprofit in their will

A bequest intention is a non-binding statement of intent—valuable for counting in gift tables but not legally enforceable by the charity.