Step 2-Developing relationships with the funders quiz

Multiple Choice

1. Fill in the gap: Developing relationships with the funders is a process of building and maintaining ............. ,rapport and communication with the individuals and organizations that provide financial support to your nonprofit organization. 

• House

• Foundations

• Trust

• Relationships

Multiple Choice

1. Where WON’T you find information about prospect funders?

• 1. Libraries

• Online websites

• Industry Publications

• 1. Your house

Multiple Choice

The email inquiry needs to be brief

• TRUE

• FALSE

Multiple Choice

You should just approach your funders boldly without speaking with other grantees first or without any proper introduction

• FALSE

• TRUE

Multiple Choice

In the listening process of contacting a funder by telephone, due to an unmatch program between funder and organization, so grantseeker should have one or two _______

• Excuses

• Backup ideas

• Discussion

• NONE of the above

Multiple Choice

Pre-proposal funder meetings are frequently arranged due to the high availability of funders

• TRUE

• FALSE

Multiple Choice

How can grantseekers stay in touch and maintain a good relationship with funders after a meeting?

• 1. Add the program officer to the organization's mailing list and personally forward newsletters, 

• Send process reports

• Invite the officer to events and contact them occasionally via phone or email

• All the above

Multiple Choice

Strategic communications with the funders is:

• 1. Send the funder a brief email inquiry 

• 1. Call the foundation and request to speak with someone including your proposal idea 

• 1. Send a brief letter of inquiry

• 1. All above

Multiple Choice

Why is an LOI considered a vital part of relationship building?

• It establishes a legal contract between the organization and the funder

• 1. It allows the organization to request a full proposal immediately

• It provides a sneak peek of the organization and its program to the funder

• 1. It guarantees funding for the organization's project

Multiple Choice

What is the purpose of a letter of inquiry (LOI)?

• To submit a full proposal to a funder

• To provide a brief overview of the organization and its program