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.
All in Feasibility Study
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.
It is easy to find the biggest capital campaign consultant, or the one with the most experience in your market, or the one that employs your board president’s niece. But finding the best fundraising consultant for your project will take a bit more time.
Hiring an experienced consultant to conduct your feasibility study interviews and analyze the results is an efficient approach to gathering this information and finding out if your campaign goal is reachable. However, we believe a comprehensive feasibility study should do much more to fully prepare you to enter a capital campaign.