A Capital Campaign is a common and cost-effective strategy for raising large sums of money for special projects, such as constructing new buildings, facility renovations and expansions and/or endowment growth that are not generally a part of the overall operational budget. Capital campaigns often energize an organization, rallying staff, volunteers and stakeholders in the mission anew, building ownership and fine-tuning operational strategies. Whether operating with a campaign goal of hundreds-of-thousands of dollars to millions, tens-of-millions or hundreds-of-millions of dollars, McDonald Schaefer can help you test, plan and manage your successful campaign.
Feasibility studies are often the first step in the process and precede a capital campaign.
Studies answer key questions about your organization’s readiness for major fundraising:
- Is there influential campaign leadership available?
- Do you have enough major gift prospects?
- Is your project compelling?
- Do you have the infrastructure to support the demands of a campaign?
McDonald Schaefer is experienced in all facets of feasibility studies, including planning the study; interviewing potential donors and leaders who may have interest in your project; and conducting analysis to develop recommendations for the campaign that follows. A good feasibility study will dramatically improve the probability of success for your capital campaign.