Sample Feasibility Study Request for Proposals (RFP)
If you’re launching a capital campaign, reevaluating your fundraising strategies, or looking to build capacity, you may be looking to work with a fundraising consultant on a feasibility study. Finding the best consultant for your nonprofit’s needs is a lot like hiring a new employee, and putting out a Request for Proposals is the equivalent of asking a pool of potential employees to send in their resumes.
This Feasibility Study Request for Proposals (RFP) template is ready for you to download and use today. Simply add the specifics about your organization, its goals, and other details. You may need to tweak it a little bit to suit your particular needs, but the basics are all there.
Feel free to reach out to us if you have any questions!
Some Additional Considerations
Once you have decided that working with a consultant is the right choice for advancing your nonprofit, you’ll want to take some time to determine which firm is the best fit for your organization.
As you explore the relative advantages of one consulting firm over another, consider the following:
Know why you need a consultant and what you want them to do
Have a clear understanding of what consultants do and don’t do (remember, this is not a “silver bullet” solution to bringing in money - it still takes hard work and determination on the nonprofit’s part too)
Ask organizations similar to yours for consulting firm recommendations or reach out to your local Association of Fundraising Professionals (AFP) chapter
Contact the consultant’s former client references to learn about their experience working with them
Interview candidates to assess skills, experience, and fit with your organization
As you review the proposals, consider whether the consultant:
Has the right experience and qualifications for your project
Clearly understands your project’s goals
Will complete the project on time and within budget
Offers the deliverables and return on investment you need
Has positive recommendations from former clients
Balance all of these factors with your budget. If you would like to hire a specific consultant but the cost exceeds your budget, don’t be timid about discussing it with the consultant. A revised proposal outlining a narrower scope of work may meet your needs as well as those of the consultant.