Unit 14 Test - Giving Back

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1. Nelson is now in a position to give more of his income back to charitable causes. What is one guideline that Nelson should follow? *

1 point

Give to groups that only operate in the United States.

Give to groups that do a lot of advertising and publicity.

Give to groups that have been around longer than 20 years.

Give to groups that use at least 60% of the money raised on actual charitable programs.

2. Adam is approached by a solicitor raising money for a cause Adam supports, but Adam has not heard of the organization, so he has concerns. What should Adam do? *

1 point

Donate as much as possible to the organization.

Donate a very small amount to the organization.

Assume the organization is a fraud and be rude to the solicitor.

Ask them to send written information about the organization.

3. Sharon has a cause that is very important to her and when she hears of a charity that supports it she is eager to give. What advice would you give Sharon? *

1 point

Research legitimacy of the charity on the internet.

Small charities can’t do anything. Donate to a larger charity.

Wait until tax time to see if giving to a charity will benefit her.

Go ahead and donate, because most charities are legitimate.

4. Gabriela enjoys helping serve food at a local homeless shelter. What is Gabriela’s type of charitable giving? *

1 point

volunteer

gifts-in-kind

planned giving

private foundation

5. Don and Stephanie are remodeling their home and have taken their old furniture and donated it to a local charity. What is Don and Stephanie’s type of charitable giving? *

1 point

volunteer

gifts-in-kind

planned giving

private foundation

6. Samantha has enjoyed a great deal of career success and decides to set up her own organization that will help disadvantaged youth in her home state. What is Samantha’s type of charitable giving? *

1 point

volunteer

gifts-in-kind

planned giving

private foundation

7. Wayne has listed his favorite charity as the beneficiary on his life insurance. What is Wayne’s type of charitable giving? *

1 point

volunteer

gifts-in-kind

planned giving

private foundation

8. Charities are nonprofit organizations that provide services or benefits to others. *

1 point

True

False

9. Email solicitations from organizations that you have not heard of before are most likely scams. *

1 point

True

False

10. Individuals who have very little disposable income are unable to give to charities. *

1 point

True

False

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