CFRE Trivia 5

Question 1

What is the typical recertification cycle for the CFRE credential?

Accepted Answer

3 years

Answer

CFRE credential holders must recertify every 3 years by demonstrating continued education, professional service, and fundraising practice.

Question 2

What does 'philanthropy' literally mean in its Greek origin?

Accepted Answer

Love of humanity

Answer

Philanthropy derives from the Greek 'philanthropia,' combining 'philos' (loving) and 'anthropos' (human being), meaning love of humanity.

Question 3

Which fundraising technique involves sending a small token gift (e.g., address labels or calendar) with a solicitation to increase response rates?

Accepted Answer

Front-end premium

Answer

A front-end premium is an unsolicited gift included with the appeal that leverages the principle of reciprocity to boost donation response rates.

Question 4

What is 'donor fatigue' in fundraising practice?

Accepted Answer

A decline in donor giving caused by over-solicitation or too many competing appeals

Answer

Donor fatigue occurs when donors receive too many solicitation requests and begin to disengage or reduce giving as a result.

Question 5

In the context of special events fundraising, what is 'net revenue'?

Accepted Answer

Total event income minus all event-related expenses

Answer

Net revenue is the actual profit from an event, calculated by subtracting all costs (venue, catering, entertainment, staffing) from total income.

CFRE - Certified Fund Raising Executive Practice Test