Practice Test Geeks(CNE) Certified Nonprofit Executive Practice Test
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Major Gift & Capital Campaigns Flashcards

7 cards from real CNE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Major Gift & Capital Campaigns flashcards as text

  1. Which IRS form must a donor receive from a nonprofit for any single charitable cash gift of $250 or more?

    Answer: Written contemporaneous acknowledgment (gift receipt)

    The IRS requires nonprofits to provide a written acknowledgment for any single gift of $250 or more for the donor to claim a deduction.

  2. A major donor is cultivated through a series of strategic engagements over 18 months before being asked for a gift. This period is called:

    Answer: Cultivation

    Cultivation is the relationship-building phase that deepens a prospect's engagement and emotional investment before a solicitation is made.

  3. In a capital campaign, a 'bridge loan' is most often used to:

    Answer: Finance construction while waiting for pledges to be collected over multi-year periods

    Bridge loans allow construction to begin before all pledges are paid in, with loan repayment funded by incoming pledge collections.

  4. When should a nonprofit begin post-campaign stewardship for major capital campaign donors?

    Answer: Immediately upon receiving the first gift or pledge payment

    Stewardship begins at the moment of the gift to reinforce the donor's decision and lay the foundation for future generosity.

  5. A nonprofit's board of directors' most important role in a capital campaign is:

    Answer: Making personal gifts and opening doors to their networks

    Board members are expected to give at their capacity (100% board participation) and leverage their networks to introduce new prospects.

  6. Which type of gift vehicle allows a donor to contribute appreciated stock, avoid capital gains tax, and receive a charitable deduction?

    Answer: Direct gift of appreciated securities

    A direct gift of appreciated securities allows the donor to deduct the full fair market value and avoid paying capital gains tax on the appreciation.

  7. A campaign counsel recommends conducting 'leadership gift' conversations before finalizing the campaign goal. Why?

    Answer: To confirm that top donors will give at levels sufficient to anchor the gift table

    Lead gift conversations confirm that anchor commitments at the top of the gift pyramid are achievable before a public goal is set.