What Is the Main Purpose of the "Organize and Design

question 4

Multiple Choice

What is the main purpose of the "organize and design" step of the process for planning and implementing strategic philanthropy?

• A) Gaining the interest and support of management early on so as to ease the approval process in the future
• B) Deciding what resources and dollars should be spent on certain strategic philanthropy efforts
• C) Creating interest in all the company's stakeholders in order to increase their support of the strategic philanthropy process
• D) Collecting information covering the internal organization and programs that might intersect with the competencies of the company
• E) Classifying funding opportunities according to the level of need and alignment with organizational competencies

---

Definitions:

Capital Lease

A lease classified as a purchase by the lessee for accounting purposes, where the lessee essentially buys the leased asset.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term the funds necessary to lease an asset.

Lessor's Implicit Interest Rate

The interest rate in a lease agreement that, when applied to the minimum lease payments, causes the present value of those payments to equal the fair value of the leased asset.