Nonprofit Fundraising and Development 1

Question 1

What is a case for support in nonprofit fundraising?

Accepted Answer

A compelling document explaining why donors should give to the organization

Answer

A legal brief submitted when applying for grants

Answer

A financial audit report shared with major donors

Answer

A government registration form for charitable solicitation

Question 2

What is a major gift in nonprofit fundraising?

Accepted Answer

A significant donation, typically the largest gifts in an organization's portfolio, often starting at $1,000 or higher

Answer

Any donation made by a foundation

Answer

A recurring monthly gift set up online

Answer

A gift that includes a bequest in the donor's will

Question 3

What is the purpose of a gift acknowledgment letter?

Accepted Answer

To thank donors and provide IRS-required documentation of their contribution

Answer

To report donation totals to the state

Answer

To request additional gifts from lapsed donors

Answer

To disclose the organization's program expenses to donors

Question 4

What is prospect research in development?

Accepted Answer

The process of gathering information about potential donors to assess their giving capacity and interest

Answer

Researching grant opportunities from foundations

Answer

Evaluating the effectiveness of fundraising campaigns

Answer

Analyzing donor retention data

Question 5

What is donor stewardship?

Accepted Answer

The ongoing process of building and nurturing relationships with donors after a gift is made

Answer

The legal management of restricted gift funds

Answer

The process of recruiting new board members from the donor pool

Answer

The financial oversight of grant expenditures

Question 6

What is an annual fund?

Accepted Answer

A yearly fundraising effort targeting broad donor participation to support operating expenses

Answer

A savings account for end-of-year budget surpluses

Answer

The total revenue raised in a single fiscal year

Answer

A grant fund renewed annually by a foundation