A nurse has provided an organization a philanthropic contribution. Which of the following best describes what the nurse has provided?
a. Contract
b. Gift
c. Grant
d. Loan
ANS: B
Gifts are philanthropic contributions. Contracts are awarded for the performance of a specific task or service, usually to meet guidelines specified by the organization making the award. Grants are awards to nonprofit organizations to allow the recipient to implement activities of their own design that address the interests of the funding agency. A loan is money that needs to be paid back to the lender.
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