Fundraising & Donor Relations Flashcards

What is the primary purpose of the North South Foundation's fundraising efforts?

Answer: To provide scholarships and support underprivileged children in India

NSF raises funds to provide scholarships and educational support for underprivileged children in India, which is the core charitable mission of the organization.

Under which IRS designation is the North South Foundation classified, making donations tax-deductible?

Answer: 501(c)(3)

NSF is a 501(c)(3) nonprofit organization, which means donations made to it are tax-deductible for U.S. donors under federal law.

Which of the following is a key fundraising method used by NSF chapters to raise money at local events?

Answer: Hosting raffle draws and silent auctions during banquets

NSF chapters commonly organize banquets and local events that include raffles, silent auctions, and direct appeals to raise funds for the foundation's mission.

What acknowledgment must NSF provide to donors who give $250 or more in a single contribution?

Answer: A written contemporaneous acknowledgment letter for tax purposes

IRS rules require nonprofits to provide a written contemporaneous acknowledgment to donors for single contributions of $250 or more so donors can claim the deduction.

When soliciting donations from the Indian-American community, which value proposition is most central to NSF's appeal?

Answer: Connecting donors' success in America to giving back to children in India

NSF's core donor appeal is rooted in the idea that successful Indian-Americans can give back to underprivileged children in their homeland, creating a powerful emotional and cultural connection.

Which approach best describes NSF's chapter-based fundraising model?

Answer: Local volunteer chapters organize independent fundraising events and remit proceeds to the national foundation

NSF operates through geographically distributed volunteer chapters that plan and execute local fundraising events, then send the proceeds to the national organization to fund India-based scholarships.

What is the recommended practice for NSF volunteers when thanking donors after an event?

Answer: Send a timely personal thank-you within 48 hours and follow up with a formal receipt

Best donor-relations practice — and an NSF standard — is to send a prompt, personalized thank-you within 48 hours and follow it with a formal donation receipt to strengthen donor retention.