A feasibility study allows your nonprofit to explore your capital campaign project with key stakeholders, potential donors and community leaders and it helps you establish an achievable goal. What if you don’t want to conduct a capital campaign feasibility study?
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.
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.
Your organization has made a transformative decision to embark on a capital campaign. What comes next? There are five basic stages to plan for if you’d like your capital campaign to be successful.
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.
CampaignCounsel.org client the North Lake County Library Foundation was named Nonprofit of the Year by the Polson Chamber of Commerce and recognized for its Next Chapter Campaign at the chamber’s annual awards banquet Jan. 28, 2023. Learn how members of this all-volunteer organization excelled to become major gift fundraisers.
