CFRE Trivia 3

Question 1

What is the name of the ethical code all CFRE credential holders must uphold?

Accepted Answer

AFP Code of Ethical Standards

Answer

CFRE credential holders are required to uphold the AFP Code of Ethical Standards as part of their certification agreement.

Question 2

Which document, co-created by AFP, CASE, AHP, and others in 1993, establishes donor protections?

Accepted Answer

Donor Bill of Rights

Answer

The Donor Bill of Rights was created in 1993 by AFP, CASE, AHP, and the Council on Foundations to define donor expectations and rights.

Question 3

What percentage of a nonprofit's revenue is commonly cited as the benchmark where fundraising costs become a concern for watchdog agencies?

Accepted Answer

35%

Answer

Many watchdog agencies flag organizations where fundraising costs exceed 35% of total revenue as a potential concern for donors.

Question 4

What is 'grateful patient fundraising' most directly associated with?

Accepted Answer

Hospital and healthcare philanthropy

Answer

Grateful patient fundraising is a hospital philanthropy strategy that identifies and cultivates patients who received exceptional care as potential major donors.

Question 5

In major gift fundraising, what does the '7 Touches' principle suggest?

Accepted Answer

A donor needs approximately 7 meaningful contacts before being asked for a major gift

Answer

The 7 Touches principle suggests that meaningful cultivation and stewardship contacts help build the relationship needed before a major gift ask.

CFRE - Certified Fund Raising Executive Practice Test

CFRE - Certified Fund Raising Executive Practice Test

CFRE Trivia 3