You may be wondering, how do fundraising consultants get paid?
Updated: Oct 6
So, you woke up this morning and said...I need HELP!
I want my team to be agile and understand the different ways to raise funds.
We want to hire attitude and train skills. How do we start?
We want to retain great employees through leadership.
Each team member is different and we need to help them build a roadmap to success.
We want to keep our staff successful and happy for a long time.
Onboarding is so crucial, and we need to do a better job!
I want to have a staff that can tell an impactful story.
We want our Board to be “on board” with our vision.
We need an additional set of hands during “crunch” times.
I want a well-trained staff who can raise funds to support our mission---And I want it now.
But, can I afford it??
What will it cost to bring on a nonprofit consultant?
How does a nonprofit consultant establish their fees?
A fundraising consultant like Team Kat & Mouse can be a tremendous asset to your nonprofit, but, like almost all good things, great nonprofit consultants come with a cost (or an investment).
But always remember, building a solid relationship with a fundraising consultant can set up your nonprofit for long-term success that goes beyond the scope of your contract.
There are three main ways that a consulting firm like Team Kat & Mouse may propose working with your nonprofit:
Retainer — A retainer is an upfront, recurring charge for larger, long-term projects. A nonprofit may pay a monthly retainer fee for a consultant’s help throughout a capital campaign or ongoing training and coaching.
Project fee - a project fee is a fixed payment for a project within a defined period, with specific deliverables. For example, a nonprofit may pay a flat fee for a consultant to create a case for support, execute a board retreat, or write a specified grant application.
Hourly — An hourly fee is usually paid to consultants for simple projects that don’t require much time. For example, a nonprofit may pay an hourly fee for weekly coaching or ongoing grant writing support.
Some professional fundraisers will choose to be paid a percentage of the money they raise.
This is often frowned upon as it puts Donor Intent in question----does the donor want their funds allocated as commission?
The Association of Fundraising Professionals addresses this issue in their code of ethics,
please take a look.
Team Kat & Mouse does not work on a percentage of the donation, contingent fees, finders fees, or other payment methods outlined by AFP in their code of ethics.
At Team Kat & Mouse, nonprofit fundraising consultants, we pride ourselves on putting together a fee structure that works for our partnering organizations.
We customize every engagement to deliver what your staff needs to “level up” and to deliver you a return on your investment.
So how can we help? When do you want to get started?
Learn how to interview and hire the right people (attitude, energy level, smart, coachable)
Designing onboarding that gets your fundraisers ready to succeed
Sales training for nonprofits- get your team to learn the parts of sales that translate to fundraising success
Getting your board to be your best allies in fundraising
Understanding your donor data and translating it into a fundraising success
Understanding how to find new sources to raise funds (thinking beyond Galas and other forms of transactional fundraising)
New donor development- finding, engaging, and retaining donors
Finding younger donors who will stay with you for a long time
How to tell a powerful mission story that engages your potential donors
How to set up sponsorship packages that maximize your opportunities
How to research, write and fulfill grants
How to use LinkedIn for fundraisers
For more information--- reach out today
Great quotes to share when you announce your NEW training program
"The more that you learn, the more places you’ll go."
― Dr. Seuss
“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.”
– Jack Welch
“Success in management requires learning as fast as the world is changing.”
Thanks for reading!