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About the CFRE
It's not just a lot of money to spend - it's a lot of time, too! So it's only natural to wonder if it's going to pay off in the end. This is something I can't help with quite yet since I only reached CFRE designation status as of April 2021. So I compiled a list of resources that ask the question of whether a CFRE is worth it. I also want to connect with other CFREs and have them share their wealth of knowledge.
Tips
The application takes years.
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Well, really, the process behind the application takes years. It takes diligent tracking and reading over the application instructions over and over again. The application is part 1 of the CFRE certification process. If your application is accepted, you will receive email instructions about selecting your preferred testing date.
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Triple-check that your professional development hours are from an approved vendor before you submit.
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Scan or upload your professional development in a sky drive (i.e. Google Drive) and take the notes with you from job to job. It also might help you study for the test!
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You'll need to pay at the time of application submission, so figure out your funding source when you are fully ready to submit. I paid for my own test, but remember, this may be reimbursable through your employer. Here are some other things to consider.
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Offer to fundraise an additional $700 - $850 (cost depends on whether or not you have an AFP membership).
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Offer to split it with your employer.
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Or, pay for it by yourself and upon achieving full status, negotiate for more of a professional development stipend.
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Kronstadt Consulting - 4 Tips for Attaining Your CFRE
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Real Deal Fundraising - Thoughts for Thursday - the CFRE exam
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The Subjects of the CFRE
Prospective Donor Research
This part is 14% (approximately 28 questions). From the highest portion to the lowest portion, this is the fourth largest part of the exam.
Securing the Gift
This part is 23% (approximately 46 items). From the highest portion to the lowest portion, this is the second-largest part of the exam.
Relationship Building
This part is 28% (approximately 52 items). From the highest portion to the lowest portion, this is the largest part of the exam.
Volunteer Engagement
This part is 8% (approximately 16 questions). From the highest portion to the lowest portion, this is the smallest part of the exam.
Leadership & Management
This part is 19% (or 38 items). From the highest portion to the lowest portion, this is the third-largest portion of the exam.
Ethics
This part is 10% (or 20 items). From the highest portion to the lowest portion, this is the fifth-largest portion of the exam.