Capital Campaigns 101: What are Feasibility Studies?
TopNonprofits Contributor2022-09-26T16:03:54-04:00Big investments should be approached carefully. Most people wouldn’t buy a new house or car sight unseen. The same is true for your nonprofit as it weighs a major fundraising campaign. Capital campaigns represent significant investments of your organization’s time, resources, and energy. If all goes according to plan, you’ll reap the benefits of raising funding for a major capacity-building initiative, expanding your fundraising capacity, and teaching your team valuable fundraising and stewardship lessons along the way. So, how should you begin carefully approaching this kind of major investment? With plenty of planning and a feasibility study. What are feasibility studies? [...]