Certified Fund Raising Executive (CFRE) Practice Test

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Enhance your fundraising career with the CFRE test. Practice with our quiz featuring comprehensive questions and explanations. Ace your CFRE exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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Funding proposals to foundations should ideally be signed by whom?

  1. The board chair or chief executive officer

  2. The director of development

  3. The chief financial officer

  4. A resident grant writer

The correct answer is: The board chair or chief executive officer

Funding proposals to foundations should ideally be signed by the board chair or chief executive officer because this endorsement represents the highest level of commitment and authority within the organization. It demonstrates to the foundation that the proposal has been thoroughly reviewed and supported at the executive level, indicating a serious approach to the funding request. This can instill confidence in the funders regarding the importance the organization places on the proposed project and its alignment with the organization's mission and goals. When the board chair or CEO is involved in this process, it conveys a sense of accountability and reinforces the organization's leadership support. Signatures from top executives often enhance the credibility of the proposal, increasing the likelihood of securing funding, as foundations typically prefer that proposals reflect strong organizational support and strategic alignment. In contrast, while the roles of the director of development, chief financial officer, or resident grant writer are critical in the proposal development process, their signatures may not carry the same weight of authority as that of the board chair or CEO. Each of these positions contributes essential expertise; for instance, the director of development may oversee fundraising strategy, the CFO would provide financial insights, and the grant writer frames the narrative. However, for the purpose of formal proposals, leadership at the highest level is preferred to signify organizational commitment.