Intermediate Week 4 Quiz

Explain donation- based Crowd funding

Which of the following definition of crowd funding is true?

Which of the following statements do you find false about crowd funding?

Which of the following amount of funding are you limited to raise on a crowd funding platform?

All the following are required to be submitted to a crowd funding platform in order to successfully raise funding for your project except……………………………

Crowd funding platforms do not charge any fees for the services they render organizations in their fund raising efforts. Is this statement True or False?

You need to complete the raising of funding for one project in full before you can start raising funding for another project on the same crowd funding platform. Is this statement True or False?

You can use crowd funding to raise funding for all the following categories of projects except…………………………..

Solicited grant project proposals are written when ………………………. themselves ask for proposals. The requirement may be asked verbally or published through media outlets. Which of the following best describes the missing word:

A separate and independent coalition of grantmaking institutions or individuals associated with such institutions that shares information or provides professional development and networking opportunities to individual grantmakers with a shared interest in a particular subject or funding area in known as ………………………………

A chronological pattern of proposal review, decision making and applicant notification which some donor organizations make grants at set intervals (quarterly, semi-annually, etc.), while others operate under an annual cycle is generally known as………………………….

A grant or gift made with the specification that the amount donated must be matched on a one-for-one basis or according to some other prescribed formula is known as …………………….

A promise to make future contributions to an organization, where some donors make multiyear pledges promising to grant a specific amount of money each year is known as …………………………………………….

A legal device used to set aside money or property of one person for the benefit of one or more persons or organizations is known as ……………………..

Normally found at community foundations, an ………………………………………………………. is one that is not specifically designated to particular uses by the donor, or for which restrictions have expired or been removed.