The Momentum Fundraising Glossary

Certified Fundraising Executive (CFRE)

Definition

The Certified Fundraising Executive (CFRE) credential is a professional certification that recognizes individuals who have demonstrated a high level of competence and experience in the field of fundraising. Administered by CFRE International, the certification involves meeting specific criteria in education, professional practice, and ethics. Candidates must demonstrate a minimum of five years of experience in fundraising, complete a set of continuing education credits, and pass a comprehensive examination. The CFRE credential serves to validate a fundraiser's skills and commitment to ethical fundraising practices, enhancing their credibility with donors, employers, and peers. As such, the CFRE designation is a valuable asset for fundraising professionals looking to advance their careers, distinguish themselves in a competitive job market, and ensure a commitment to best practices within the nonprofit sector.

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Common Misperceptions

A common myth is that CFRE certification guarantees job placement or higher salaries.

While CFRE certification can enhance your professional credibility and increase your marketability, it does not guarantee job placement or a specific salary. Organizations may value the CFRE designation as part of their hiring criteria, but employment outcomes depend on various factors, including experience, skills, and job market conditions.

FAQ

What is the process to obtain a CFRE certification?

To obtain a CFRE certification, candidates must meet eligibility requirements, which include a combination of professional fundraising experience, education, and ongoing professional development. After ensuring they meet these criteria, candidates must submit an application along with supporting documentation. Following approval, they will need to pass the CFRE exam, which tests their knowledge and skills in various fundraising topics.

How long does it take to prepare for the CFRE exam?

The preparation time for the CFRE exam varies among individuals. On average, candidates spend about 3-6 months studying, but this can depend on their background knowledge and experience in fundraising. Many resources, including study guides, refresher courses, and practice exams, are available to assist candidates in their preparation.

Is there a continuing education requirement for maintaining CFRE status?

Yes, certified fundraisers must meet continuing education requirements to maintain their CFRE designation. CFREs are required to complete 80 points of continuing education and professional development activities every three years, ensuring that they stay current with industry trends and best practices.

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