CFRE Domain 1 Current And Prospective Donor Research 2023 – 2024 (Complete Solution)

CFRE - IX: Accountability More and more, potential donors and others interested in the org are seeking information from various “watchdog” organizations, and so part of accountability is ensuring that organizations such as these have accurate information. Examples of these org’s include: ANSWER- GuideStar and Charity Navigator What is the IRS form that constituents may request to show information about the org? ANSWER- IRS Form 990 What do prospects and donors want to know? ANSWER- confidence their own wants/needs are being met... what contributions will be used for... who is managing the org and funds... confidentiality... interim reports on how things are going... outcomes their contributions helped to support... appropriate recognition What do volunteers want to know? ANSWER- their time is used effectively and efficiently... efforts are contributing to a worthy cause... staff us sufficiently knowledgeable What do “watchdog” organizations want to know? ANSWER- how funds are being spent... success rate of programs... what percentage of donations is spent for administrative costs vs. For programs. When was the Donor Bill of Rights developed? ANSWER- 1993 Who created the Donor Bill of Rights? ANSWER- a consortium representing the leading fundraising associations (AFP, Assoc for Healthcare Philanthropy, CASE, Giving Institute: Leading Consultants to Non-Profits) What does the Donor Bill of Rights do? ANSWER- outlines what donors have the right to expect from the charitable organizations to which they contribute AFP Code of Ethical Principles and Standards ANSWER- adopted in 1991 and regularly reviews/updated. In joining AFP, members agree to abide by this document to ensure the continuing integrity of the profession as a whole. Donor Bill of Rights – rights include... ANSWER- To be informed about the organization and its use of