All in Feasibility Study
Is now the right time to launch a capital campaign? The truth is, there’s rarely a perfect moment. But the right vision, one that’s clearly articulated, deeply rooted in mission, and backed by community support, can spark transformative giving at any time. Two essential tools can help clarify your vision and test your readiness: the Needs Assessment and the Campaign Planning Study.
Libraries often face unique challenges when it comes to raising funds for new facilities. Funding the gap between public dollars and the full cost of your building project will likely have you considering a library capital campaign. Let’s explore the specific challenges faced by libraries during capital campaigns and how a bond election might impact a campaign.
There are five very basic stages to plan for if you’d like your capital campaign to be successful. If you are considering the transformative decision to embark on a capital campaign, study them now.
Are you a nonprofit executive director facing pushback from your board on hiring a capital campaign consultant? If your board is hesitant to invest in getting the expertise and support you need to do it right, share these reasons why hiring a capital campaign consultant can significantly impact your organization's fundraising success.
The decision to launch a capital campaign is often accompanied by a crucial question: What does it cost to hire a capital campaign consultant? The actual costs can vary widely based on your campaign goal, your specific circumstances and the type of consulting firm with whom you choose to work, but this strategic investment should bring a return that advances your organization’s mission and impact in your community.
A capital campaign feasibility study is a process that leads to future campaign success. It assesses the organization's fundraising capacity, uncovers any potential challenges that might impede the campaign's success, and gauges donor interest while educating them about the project and preparing them for an eventual ask.
