CFRE Questions and Answers Updated 2026

CFRE Questions
and Answers
Updated 2026
TheBmostBeffectiveBmarketingBvehiclesBforBplannedBgivingBareBconsideredBtoBbe:



a.BPersonalBvisitsBwithBtheBdonor,BdirectBmail,Bblogging,BandBemail.



b.BDirectBmail,Bnewsletters,BwillsBclinics,BestateBplanningBseminars,BandBbyBeducatingBo
therBprofessionals.



c.BInitialBvisitBwithBdonor,BfollowedBbyBletterBreiteratingBplannedBgivingBoptionsBfollow
edBbyBemailBorBtelephoneBcommunication.



d.BAllBofBtheBabove.B-
BAnswerb.BDirectBmail,Bnewsletters,BwillsBclinics,BestateBplanningBseminars,BandBbyBedu
catingBotherBprofessionals.



FinancialBstatementsBareBusefulBbecause:



a.BInBtheBfor-
profitBarena,BtheyBhelpBinvestorsBandBcreditorsBmakeBbetterBeconomicBdecisionsBwhile
BinBnonprofitBorganizations,BtheBcashBflowBanalysisBisBanBindicatorBofBtheBfinancialBhe
althBofBtheBorganization



b.BInBtheBnonprofitBarena,BtheyBhelpBboardBmembersBmakeBbetterBeconomicBandBstra
tegicBdecisions,BwhileBinBtheBfor-

,profitBarena,BtheBcashBflowBanalysisBisBaBbetterBindicatorBofBtheBfinancialBhealthBofBth
eBorganization



c.BTheyBillustrateBeconomicBhealthBasBGAAPBensuresBthatBfinancialBstatementsBareBacc
urateBandBtimely



d.BTheyBensureBthatBoutsideBauditorsBareBmonitoringBfinancialBhealthBofBtheBorganizati
onB-BAnswera.BInBtheBfor-
profitBarena,BtheyBhelpBinvestorsBandBcreditorsBmakeBbetterBeconomicBdecisionsBwhile
BinBnonprofitBorganizations,BtheBcashBflowBanalysisBisBanBindicatorBofBtheBfinancialBhe
althBofBtheBorganization



SylviaBGotrocksBhasBbeenBidentifiedBasBaBnewBprospectBforByourBorganization.BYourBre
searcherBhasBdeterminedBthatBsheBhasBanBannualBdisposableBincomeBofB$200,000Band
BaBfamilyBfarmBcurrentlyBonBtheBmarketBforB$2Bmillion.BYouBshouldBapproachBSylviaBfo
r:



a.BAnBannualBgift



b.BABmajorBgiftBinBsupportBofByourBcapitalBcampaign,BpartBofBwhichBsupportBaBCenter
BonBRenewableBEnergyBandBtheBuseBofBcornBhybrids



c.BABgiftBofBrealBestate



d.BAnBoutrightBbequestBtoByourBorganizationBinBSylvia'sBwillB-BAnswera.BAnBannualBgift



WhatBisBtheBbestBindicatorBthatByourBsolicitationBstrategiesBareBmeetingBtheBethicalBst
andardsBestablishedBbyBAFP:



a.BYouBprovideBallBdonorsBwithBappropriateBgiftBreceiptsBforBtaxBpreparation

, b.BYouBsendBanBappropriateBpeerBsolicitorBonBcallsBtoBmakeBtheBprospectBfeelBmoreBc
omfortable



c.BYouBmakeBcertainBthatBsupportBofByourBorganization'sBmissionBisBmoreBimportantBth
anBanyBotherBgain



d.BYouBdevelopBrelationshipsBoverBtimeBwithBprospectsBandBdonors,BallowingBthemBtoB
feelBcomfortableBwithBtheBorganizationBandBtheBprocessB-
BAnswerd.BYouBdevelopBrelationshipsBoverBtimeBwithBprospectsBandBdonors,BallowingBt
hemBtoBfeelBcomfortableBwithBtheBorganizationBandBtheBprocess



InByourBoldBjobBwithBaBhighlyBregarded,BfinanciallyBstableBorganization,ByouBdeveloped
BaBcloseBworkingBrelationshipBwithBanBelderlyBcoupleBwhoBsetBupBaBrevocableBtrustBw
ithBtheBorganization.BYouBthenBmoveBtoBaBnewBorganizationBwhoseBfinancialBsituationB
isBsomewhatBshaky.BSeveralBmonthsBlaterBtheBcoupleBcomesBtoByouBandBsaysBthatBbe
causeBtheyBhaveBsuchBconfidenceBinByourBabilityBtoBlookBafterBtheirBinterests,BtheyBw
antBtoBrevokeBtheBoriginalBtrustBandBsetBupBaBnewBoneBthroughByouBandByourBnewB
organization.



a.BSupposeBtheBcoupleBproposedBtoBmakeBaBmajorBgiftBtoByourBnewBorganizationBwith
outBrevokingBtheBoldBtrust.BWhatBshouldByouBdo?



b.BAcceptBtheBofferBonBbehalfBofByourBorganization



c.BRejectBtheBoffer



d.BAskBtheBCEOBofByourBorganizationBtoBmakeBtheBdecision



e.BAskBtheBcoupleBtoBworkBwithBsomeoneBelseBinByourBnewBorganization.B-
BAnswere.BAskBtheBcoupleBtoBworkBwithBsomeoneBelseBinByourBnewBorganization.



TheBmissionBofBFASBBisBto: