CFRE Fundraising Ethics and Accountability 3

Question 1

The CFRE International Code of Ethics requires credential holders to do which of the following?

Accepted Answer

Maintain competence through continuing education and uphold ethical standards

Answer

Solicit only within their home country

Answer

Accept gifts only from donors they have personally cultivated

Answer

Disclose the salaries of all staff members to donors

Question 2

Which of the following best describes 'informed consent' in a fundraising context?

Accepted Answer

The donor fully understands how their gift will be used and agrees without pressure

Answer

The donor receives a tax receipt after giving

Answer

The organization consents to accept a restricted gift

Answer

The board approves all solicitation campaigns

Question 3

Why is it important for fundraisers to maintain accurate and complete donor records?

Accepted Answer

To fulfill fiduciary responsibilities and enable accurate stewardship and reporting

Answer

To share donor data with partner organizations freely

Answer

To satisfy social media data requirements

Answer

To qualify for additional tax-exempt status categories

Question 4

Which of the following actions would violate a donor's privacy rights?

Accepted Answer

Sharing a donor's contact information with a third-party vendor without the donor's consent

Answer

Sending a personalized thank-you letter

Answer

Listing a donor in a published honor roll with their permission

Answer

Including a donor's cumulative giving total in their internal record

Question 5

What is the purpose of the 'accountability' component in fundraising ethics?

Accepted Answer

To demonstrate that donated funds are used responsibly and as promised to donors

Answer

To ensure fundraisers meet personal revenue targets

Answer

To restrict the board's oversight of fundraising activities

Answer

To limit the number of solicitations sent annually

Question 6

A fundraiser discovers that a major donor was given inaccurate information about a program before making their gift. What is the ethical course of action?

Accepted Answer

Disclose the error to the donor, correct the information, and offer to honor the donor's wishes regarding the gift

Answer

Take no action since the gift has already been processed

Answer

Transfer the gift to a different program silently

Answer

Reduce the donor's recognition level to compensate for the error