CFRE MidTerm Exam With Complete Solutions 2024

A person is the fundraiser for a new not-for-profit organisation. Now that the first fundraising campaign has produced donors, one of the primary responsibilities of the fundraising office is to retain the donors so that they will continue giving. The BEST course of action to accomplish this is to: - correct answer-Include the donors in upgrade efforts such as donor clubs. The process of establishing the gifts that a donor will reasonably consider is referred to as: - correct answer-Rating. John Dean, the chief development officer for a large agricultural college, has a reputation in education circles for prowess in cultivating major gift prospects. Minnie Bucks is a wealthy farm widow and long-time personal friend of John's. Over the years, she has made several large donations to the college. One day, Minnie dies unexpectedly. A codicil in her will leaves a small portion of her wealth to the college and a much larger portion to John. The college president and the chair of the board call John in and tell him that to accept a bequest from a donor he has befriended would violate the AFP Code of ethical Principles and, if word got out, would harm the college's reputation for propriety. They ask John to "do the right thing" and quietly turn over his bequest from Minnie to the college. What should John do? - correct answer-Other Suppose that for several years Minnie has been confined to a nursing home, where John visited her frequently, but she received few other visitors. Suppose further, that the bequests to John and the college were made in a codicil drafted by Minnie's attorney the week before she died. Would John be violating the AFP Code if he accepted the bequest? - correct answer-Yes Suppose John rather than the attorney had drafted the codicil, but it was properly signed by Minnie and witnessed by the nursing home administrator. Would John be violating the AFP Code if he accepted the bequest under these circumstances? - correct answer-Yes You are the first fundraiser at an organisation without a volunteer structure in existence. To set-up the structure the you should: - correct answer-Take the time to identify potential volunteers for the organisation, and then recruit them Thurston and Lovee Howell contribute $3,500 toward a special event - Gilligan's Gala. As a stewardship activity, they receive preferred seating at the picnic table next to the guest of honor Gilligan, access to the hosted bar of tropical drinks and a token gift of a new mosquito net valued at $5. What does this do to the Howell's charitable contribution? - correct answer-Decreases by whatever amount the Gilligan Foundation determined as the value of the drinks and the mosquito net