Fundraising and Philanthropy Quiz

Which of the following is true of the term “development?”

• It is often used to mean fundraising.

• It refers to the construction of new buildings.

• It includes public relations and marketing.

• It came into use with creation of the Council for Advancement and Support of Education in the 1970s.

• It is not a term that is used today.

Which of the following statements best describes the difference between charity and philanthropy?

• Charity refers only to individual donors but philanthropy includes corporations and foundations.

• Charity means gifts made to specific private individuals, but philanthropy means giving to nonprofit organizations.

• Charity addresses immediate human needs but philanthropy means long-term investment in the infrastructure of society.

• The term philanthropy was first used at Northwestern University in the 1920s.

• Charity only includes giving to religion.

Which of the following is NOT a nonprofit organization.

• American Red Cross

• AFL-CIO

• Longwood Gardens

• CNN

Which of the following is NOT true of nonprofit organizations?

• They are self-governing.

• They may never earn a profit.

• They are organized entities.

• They are exempt from most taxes.

• They serve a social purpose.

The term “hyperagency” refers to

• The hiring of a fundraising firm to solicit gifts

• The capacity of wealthy individuals to control the conditions under which they and others live

• The power of nonprofit organizations to change lives

• Government regulation of fundraising

• A nonprofit organization that achieves its goals

The idea of “shared value” means that companies should give most of their profits to nonprofit organizations.

• True

• False

Which of the following best describes a family foundation?

• It is not required to file any government reports.

• It is not required to make any minimum distribution each year.

• It can only make gifts to nonprofits where a family member serves on the board.

• The foundation board is dominated by members of the family.

• No family members are permitted to serve as members of the foundation board.

All foundations are required to spend down their assets within 20 years after the donor’s death.

• True

• False

Most foundations prefer a simple call or letter before receiving a formal proposal.

• True

• False

Which of the following are defining characteristics of campaigns?

• There's an announced goal & deadline

• They follow the principle of sequential fundraising

• There's a quiet and a public phase

• all of the above