Free CFRE Trivia Questions and Answers β Questions and Answers
Question 1: A collection of influential and well-known people whose affiliation with a development program is intended to highlight and imply support for the goals and objectives of the program.
- health and human service board
- advisory board (Correct answer)
- board of trustees
- board of directors
Correct answer: advisory board
An "advisory board" consists of prominent individuals who lend their names, expertise, and influence to an organization or program. While they typically don't have governance responsibilities like a board of directors, their affiliation signals credibility and support, helping to attract donors and advance the program's goals and objectives.
Question 2: Gifts made or promises made before a campaign is made public. Before a campaign is revealed, advance gifts are requested because their amount may determine whether it succeeds or fails.
- Cash flow
- Life income gift
- Timing
- Advance gifts (Correct answer)
Correct answer: Advance gifts
The definition precisely describes "advance gifts." These are significant donations or pledges secured from key donors before a major fundraising campaign is publicly launched. Their importance lies in building momentum, demonstrating early support, and often setting the pace for the overall success of the campaign.
Question 3: A present made in any of the following ways:
- unrestricted gift
- charitable deferred gifts (Correct answer)
- charitable contribution
- designated gift
Correct answer: charitable deferred gifts
Given the options, "charitable deferred gifts" is the most fitting term for a present made in various ways that are not immediate. These gifts, such as bequests, charitable remainder trusts, or gift annuities, are planned now but provide benefits to the charity at a future date, often after the donor's lifetime. The phrase "made in any of the following ways" hints at the diverse structures of such planned gifts.
Question 4: A freely given, unconditional transfer of something of value without asking for anything in return at the moment of the transfer or in the future. The transfer is not a gift if the person making it entertains any thoughts of regaining it.
- Dish
- Give
- Gift (Correct answer)
- Credit
Correct answer: Gift
This definition perfectly encapsulates the essence of a "gift." It emphasizes the voluntary, unconditional, and irrevocable nature of the transfer of value. The key characteristic is that nothing is expected in return, either immediately or in the future, and the donor relinquishes all claim to the item.
Question 5: Using the phone to solicit donations or offer goods or services.
- telemarketing (Correct answer)
- teleconference
- telecast
- telecommute
Correct answer: telemarketing
The definition directly describes "telemarketing," which is the practice of contacting potential customers or donors by telephone. In a fundraising context, it involves soliciting donations, while in a commercial context, it involves offering goods or services, exactly as stated.
Question 6: A mailing to potential funders or prospective members.
- acquisition mailing (or prospect mailing) (Correct answer)
- telephone - mail campaign
- acknowledgment letter
- sequential giving
Correct answer: acquisition mailing (or prospect mailing)
The definition accurately describes an "acquisition mailing," also known as a "prospect mailing." This type of direct mail campaign is specifically designed to reach new, potential donors or members who have not previously supported the organization. Its goal is to "acquire" new supporters by introducing them to the cause and soliciting their initial contribution.
Question 7: The names and addresses of a company's current and recently expired donors and members.
- giving clubs
- life interest
- house ο¬le (Correct answer)
- planned giving
Correct answer: house ο¬le
A "house file" in fundraising refers to an organization's internal database or list of its own current and past supporters, including donors, members, and volunteers. This valuable asset contains their names, addresses, and giving history, making it crucial for renewal campaigns, stewardship, and cultivating ongoing relationships.
Free CFRE Trivia Questions and Answers
A collection of influential and well-known people whose affiliation with a development program is intended to highlight and imply support for the goals and objectives of the program.