A fundraising consultant agreement is a service contract between a client and a consultant who specializes in raising money through third-party donations. The form states all the major details of the service arrangement and each party’s rights and legal obligations. It also defines the consultant’s fundraising goals, which usually include a specific dollar amount to be raised through campaigns, membership drives, and similar programs .
A fundraising consultant is an individual that develops strategies to raise money for non-profit entities, political campaigns, universities, and other organizations or causes. Because non-profits rely heavily upon financial donations, they often hire a consultant to evaluate their fundraising techniques and recommend creative solutions to improve efficiency.
Most fundraising consultants have a bachelor’s degree in a business-related field and can effectively communicate and establish relationships with prospective donors. There are also voluntary certifications that consultants can acquire to broaden their opportunities, such as Certified Fund Raising Executive (CFRE) certificate.
When helping clients reach their long-term and immediate fundraising needs, a fundraising consultant will generally provide the following services:
Fundraising consultants commonly work alongside the client’s staff to motivate and train inexperienced employees. In some cases, they may be in charge of recruiting or replacing personnel.
Using a fundraising consultant agreement is essential for the legal protection of both parties. It helps prevent disagreements and misunderstandings arising from unfulfilled expectations. Without the agreement, it could be challenging to settle disputes over payment, scheduling, and contract performance (i.e., either party’s obligation to accomplish what is required under the consultant agreement).
