Ace the 2026 GFL Financial Literacy Test – Boost Your Money Smarts and Shine!

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Which term is money given to a charitable organization to support its mission?

Charitable Contributions

Giving money to a charitable organization to support its work is known as charitable contributions. This term covers gifts of cash or other resources intended to help the nonprofit fulfill its mission, whether as a one-time donation or an ongoing gift. The other terms don’t fit: closing costs are the fees to finalize a real estate deal, a career is your job or profession, and Chex-Systems is a credit reporting service. Charitable contributions are the standard way people financially support a charity’s efforts and impact.

Closing Costs

Career

Chex-Systems

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