All tagged capital campaign planning
Budgeting for a capital campaign is always a challenge, in part because an organization doesn't want to foreclose on the possibility of a good idea just because it isn't in the budget. Therefore, the budgets and costs outlined in this article should be a guide only and careful thought should go into developing one for your specific situation.
Like the Iditarod, capital campaigns for multi-use projects cannot be completed, much less won, by anything less than a team that understands and values individual strengths.
A Request for Proposal (RFP) can be a valuable tool in evaluating capital campaign consultants but be sure to use it at the right time.
A critical component of successful capital campaigns is selection of the right type of counsel for your organization. Choosing the wrong capital campaign consultant can doom a campaign from the beginning. Follow this process to find the right counsel for you.
Here’s your primer on hiring fundraising counsel. It includes types of fundraising counsel, benefits to fundraising counsel, why paying a fundraiser a percentage is viewed as unethical and may not be in the organization’s best interest, costs associated with professionally directed capital campaigns, and information on how to select the right consultant.