BMAL 602 Quiz 4 Fundraising
BMAL 602 Quiz 4 Fundraising and Income Strategies
- This can be compared to a video that shows the flow of revenues and expenses of an organization, and the resulting changes in net assets over a period of time, generally a fiscal year.
- The __________ shows how every category of expense is allocated by a nonprofit.
- refers to the methods and systems by which financial transactions are recorded, either by hand or on a computer.
- Brandy’s organization has leased its office space. This type of budget item would be considered a(n):
- How do nonprofit organizations measure their success?
- Assessing ___________ requires evaluating whether the organization is financially strong or in jeopardy and looking at the liabilities as well as the revenue and expenses shown on the statement of activities.
- This provides a snapshot of the organization at a point in time, usually the end of a fiscal year.
- The principal of how an asset’s value declines over time is called:
- Robert made a large financial gift to the hospice that provided his wife with end-of-life care in gratitude for their service. Robert would be classified as a _______ type of donor.
- Two terms used to describe long-term and broad-based fundraising are:
- The concept of __________ states that individuals are driven by their nature to help others and improve the human condition.
- A business-supply company made a gift to a location nonprofit organization of free office supplies for one year. This type of gift is referred to as:
- Although philanthropy in some form is common around the world, organized fundraising and philanthropy on a massive scale are still primarily a(n) ___________ phenomenon.
- This is a statement in an individual’s will or living trust dictating that on his or her death, some amount or portion of his or her estate is to be given to a charitable organization.
- These types of foundations support their own programs and generally do not make grants to other organizations.
- According to Dunlop, these are gifts that individual donors make to meet some nonrecurring need of the organization.
- This is a contract that permits a for-profit company to use the nonprofit’s name or logo on its products in return for a royalty payment to the nonprofit.
- This is an arrangement under which the company contributes either a fixed amount for each sale of a product or a specified percentage of its sales of a product to the nonprofit, usually in connection with a short-term promotion.
- This is income from payment for goods or services that the nonprofit has provided.
- The watershed event for nonprofit–corporate partnerships came in 1983, when __________ supported renovation of the Statue of Liberty by offering to contribute a penny to the campaign each time a consumer used his or her credit card from this company.
- In _____________ nonprofits provide services and resources that corporations need for their business operations, but they also provide opportunities for companies to achieve a social benefit with resources that are outside their philanthropic or marketing budgets.
- ties the nonprofit’s income directly to the number or amount of total sales made by the corporate partner and thus represents a true partnership in which the interests of both partners are aligned.
- A financial corporate gift to a nonprofit organization made solely for the purpose of corporate social responsibility is making what type of a donation?
- Corporate sponsorships offer nonprofits the benefits of added revenue and ________ through the company’s promotion of the relationship.
- According to Young, a business venture is worth pursuing if: