Foundation Fundamentals Quiz

May 14, 2024

By La Crosse Community Foundation

Test your understanding of community foundations

Welcome to our “Foundation Fundamentals — Understanding Community Foundations” quiz, where curiosity meets community, and every question is a step closer to understanding the impact these organizations have on our neighborhoods and lives.

From the nuts and bolts of our operations to the impact of our work, each question is an opportunity to deepen your understanding and perhaps spark a new passion for community involvement. So, are you ready to test your knowledge and maybe even discover a new calling?

Let’s begin!

</p> <section data-block="SingleChoice"> <h3>What is the primary purpose of a community foundation?</h3> <ul> <li>To provide loans to local businesses</li> <li>To support community projects through grants and programs</li> <li>To host community events</li> <li>To act as a local government body</li> </ul> </section> <section data-block="SingleChoice"> <h3>How do community foundations fund their activities?</h3> <ul> <li>Only through government funding</li> <li>Solely through member dues</li> <li>Through donations, endowments, and investment income</li> <li>By charging for services</li> </ul> </section> <section data-block="SingleChoice"> <h3>Which of the following is a common activity of community foundations?</h3> <ul> <li>Running for political office</li> <li>Operating retail stores</li> <li>Providing scholarships</li> <li>Manufacturing goods</li> </ul> </section> <section data-block="SingleChoice"> <h3>What is an endowment in the context of a community foundation?</h3> <ul> <li>A yearly festival</li> <li>A permanent fund that generates income for community projects</li> <li>A government grant</li> <li>A temporary exhibition</li> </ul> </section> <section data-block="SingleChoice"> <h3>How can individuals contribute to a community foundation?</h3> <ul> <li>Only by volunteering</li> <li>By donating money, stocks, or other assets</li> <li>By providing free advertising</li> <li>Only by working as paid staff</li> </ul> </section> <section data-block="SingleChoice"> <h3>What is a donor-advised fund (DAF)?</h3> <ul> <li>A loan given to donors</li> <li>A scholarship fund</li> <li>An investment fund chosen by donors</li> <li>A philanthropic fund managed on behalf of donors, allowing them to recommend grants</li> </ul> </section> <section data-block="SingleChoice"> <h3>Which sector do community foundations support?</h3> <ul> <li>Only the technology sector</li> <li>Only governmental projects</li> <li>Only the nonprofit sector</li> <li>Exclusively commercial projects</li> </ul> </section> <section data-block="SingleChoice"> <h3>Who can start a fund at a community foundation?</h3> <ul> <li>Individuals, families, organizations, or companies</li> <li>Only foundation staff members</li> <li>Only corporate entities</li> <li>Only government officials</li> </ul> </section> <section data-block="SingleChoice"> <h3>What is one major advantage of donating through a community foundation?</h3> <ul> <li>Anonymous political contributions</li> <li>Tax benefits and professional philanthropic advice</li> <li>Immediate political office appointment</li> <li>Lifetime employment opportunities</li> </ul> </section> <section data-block="SingleChoice"> <h3>How do community foundations support nonprofit organizations?</h3> <ul> <li>By providing legal representation in court</li> <li>Offering operational and project grants, capacity building, and training</li> <li>Only by offering free office space</li> <li>By hiring staff for nonprofits</li> </ul> </section> <section data-block="SingleChoice"> <h3>What role do community foundations play in disaster response?</h3> <ul> <li>Coordinating emergency medical services</li> <li>Acting as first responders</li> <li>Directly repairing infrastructure</li> <li>Providing immediate and long-term funding and support to affected areas</li> </ul> </section> <section data-block="SingleChoice"> <h3>The La Crosse Community Foundation serves which area?</h3> <ul> <li>The city of La Crosse only</li> <li>The city of La Crosse, plus cities, towns and villages within a 15-mile radius</li> <li>La Crosse County</li> <li>The entire state of Wisconsin</li> </ul> </section> <p> </p> <p> </p> <p> </p> <p>

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