Capital Campaign Non Profit Fundraising Consultants

Beyond the Campaign Goal

Article By William C. Krueger

Conventional wisdom dictates that organizations considering capital campaigns should undertake a "feasibility" study to determine if their goal is reasonable.

While this is still true, old-fashioned, traditional feasibility studies can be too limiting. A more comprehensive "pre-campaign planning study" can offer more information and is a better place to launch a campaign.

Your feasibility study should include everything normally associated with a "feasibility study" PLUS create a detailed fundraising plan, case statement, and cultivate potential leaders and donors. It should be considered the "first step" in launching a capital campaign.

Most traditional "feasibility studies" are very limited in scope – focusing on whether a particular goal can be reached instead of focusing on how a campaign should be undertaken to achieve the pre-determined goal.

Your feasibility study should include all of the following:

1. Feasibility: Determination of the expected maximum and minimum amounts that COULD be raised in a capital campaign.

2. Fund Raising Plan: A written fundraising plan outlining, month-by-month, how a campaign will unfold. This plan includes a full disclosure of potential donors and suggested request amounts, a synopsis of the availability of key leaders, costs for the campaign, timetable, constituency goals, chart of gifts and organizational structure. This plan includes the identification of the conditions and steps needed to maximize the campaign’s chances for success.

3. Case Statement: In addition to feasibility and the campaign plan, the Feasibility Study should include an initial draft of a comprehensive Case Statement. This Case Statement suggests how the case should be presented to attract the highest level of support possible.

4. Cultivation and Education of Donor and Donor Constituencies: Instead of interviewing only 30 or 40 community leaders (as is often done in the more limited feasibility study), the Feasibility Study should include an unlimited number of interviews, focus groups, direct mail surveys, and research into corporate and foundation prospects. By focusing on cultivating and educating potential leaders and donors, the organization can be assured that the greatest degree of buy-in from the constituent community is received PRIOR to even launching the campaign. From this point, the rest of the campaign will strengthen these connections with prospective donors and leaders.

The Pre-Campaign Planning and Feasibility Study is the launching point of the campaign. Without this information, the organization will be running a campaign without a fund raising plan, which is a little like building a house without blueprints.

A good Feasibility Study should have a pre-campaign planning element that can help launch a campaign quickly and efficiently. It should also keep an organization from making a mistake in attempting things it can not accomplish from a fund raising standpoint. It's important to have an objective evaluation of the potential – and not create an environment where the study is just a sales vehicle for the consultant.

Logic should rule in evaluating a Feasibility Study Report... don't be fooled by generalities and vagaries. Reports with unlimited anonymous quotes and generic plans are more about a consultant selling its services than preparing an organization for a campaign.

Back To Top

Home | Pre-Campaign Planning | Feasibility Studies | Campaign Management | Campaign Spotlight | Hiring a Professional
Sitemap | Privacy Policy | Contact
© 2009 - 2019 Capital Campaigns
Website By All Seattle Web Design