Certified Fund Raising Executive (CFRE) Practice Test

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Prepare for the Certified Fund Raising Executive Test with engaging quizzes and multiple choice questions. Enhance your knowledge with detailed explanations and hints to excel in your exam!

Practice this question and more.

Which action best represents stewardship in fundraising?

Encouraging donations through competitions
Maintaining ongoing communication with donors
Focusing on securing large one-time gifts
Promoting the organization’s financial status

The correct answer is: Maintaining ongoing communication with donors

Stewardship in fundraising emphasizes the importance of maintaining and nurturing relationships with donors after they have made their contributions. This involves ongoing communication that keeps donors informed about how their funds are being used, the impact of their donations, and any updates about the organization. It demonstrates appreciation for their support and fosters trust, ensuring that donors feel valued and engaged. Maintaining that connection can lead to long-term relationships, resulting in repeat giving and potentially larger gifts in the future. Good stewardship practices also involve transparency and accountability, ensuring donors feel confident that their contributions are making a difference. By focusing on this aspect of fundraising, organizations can create a community of loyal supporters who are more likely to continue their engagement and support over time.