Nonprofit Fundraising and Development 2

Question 1

What is a planned gift (legacy gift) in nonprofit fundraising?

Accepted Answer

A donation arranged as part of a donor's estate plan, such as a bequest or charitable trust

Answer

A gift pledge paid over multiple years

Answer

A corporate matching gift arranged in advance

Answer

A donation made via recurring monthly payments

Question 2

What is a challenge grant in nonprofit fundraising?

Accepted Answer

A conditional gift where a donor pledges funds only if the organization raises a matching amount from others

Answer

A competitive grant awarded to the most innovative nonprofit proposal

Answer

A government grant with strict compliance requirements

Answer

A grant that must be spent within 90 days of receipt

Question 3

What is a giving society in nonprofit development?

Accepted Answer

A donor recognition program that acknowledges contributors at various gift levels

Answer

A cooperative of nonprofits sharing fundraising resources

Answer

A state-regulated donor association

Answer

A planned giving society specifically for estate gifts

Question 4

What does LYBUNT stand for in fundraising analytics?

Accepted Answer

Last Year But Unfortunately Not This year — donors who gave last year but not in the current year

Answer

Largest Year-Based Unrestricted Net Total

Answer

List of Your Best Upcoming New Targets

Answer

Long-term Year-Based Unrestricted Nonprofit Transfer

Question 5

What is the role of a Development Director in a nonprofit?

Accepted Answer

To lead and manage all fundraising and donor relations activities to secure the organization's financial support

Answer

To oversee program delivery and evaluation

Answer

To manage the organization's investment portfolio

Answer

To serve as the primary liaison to the board of directors

Question 6

What is a fundraising feasibility study?

Accepted Answer

Research conducted to assess donor readiness and potential before launching a major campaign

Answer

An audit of past fundraising campaigns for efficiency

Answer

A government-required study for charity registration

Answer

A financial analysis of the organization's earned income potential