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Exam (elaborations)

CFRE Exam: Leadership And Management With Complete Solutions 2024

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What questions should the mission statement answer? - correct answer-Who is the audience? What's the geographical service area? What is the desired outcome? How do we achieve that outcome? What are our activities? What are the foundations for creating a culture of philanthropy at an organization? - correct answer-A clear sense of its mission. A clear understanding of the constituency it serves, and how the mission will serve that constituency. A vision for the organization's direction. An understanding of how the organization's activities serve the community. A plan, a budget, and a clear way to communicate the importance of achieving both of those to the public. What are the tools an organization needs to support fundraising? - correct answer--Staffing for research. development professionals need to know how to manage against going down the "know everything about a donor" rabbit hole, and spending all their time Googling. -Resources for research. Participation records, public information, peer provided intelligence. -Policies and practices in place to manage information (e.g. 3x5 cards or a database) and make sure it's updated and well organized. -An ongoing research and data management system which includes the ability to track relationships and upcoming interactions while maintaining confidentiality What is the proper way to report on gifts over a campaign? - correct answer-Charts to track numbers of activities, number of gifts and gift amounts. What is planning? - correct answer-Planning is a process of determining how to best achieve desired outcomes What does a good plan do? - correct answer-Ensure that mission and purpose meets one or more constituency needs Determines your focus- where you are going. Outlines strategies for how you will get to where you are going. Creates an awareness of what resources are needed to design, implement, monitor and evaluate the organization's programs and strategies.

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