Good Medicine Consulting is a green business with a social conscience. We offer flexible terms that provide high value to our clients. It is our commitment to maximize your investment of time, money, and trust.
We strive to develop long-term relationships with organizations whose missions make us proud to be human. After each project, we ask for your feedback and act upon your suggestions. In this way, we ensure quality assurance and continuous improvement.
Our most common work arrangements are listed below. We are glad to discuss other options. (Please note that we do not work on a contingency basis.) Midwestern work ethic and cheerful disposition included at no extra charge.
1. SINGLE PROJECTS
Clients can engage us to write an identified proposal or undertake a single project, such as an annual report. We bid the project based on the estimated number of hours. To estimate hours we review the RFP (if applicable), assess the background material, and ballpark the number of meetings and interviews required.
Fees can range from a few hundred to a few thousand dollars, depending on job complexity and timeline. If a funding proposal, generally Federal grant applications are the most time consuming, followed by State grants, United Way, national foundation, and corporate foundation applications. Local foundation applications tend to be the least complex.
For single-project assignments, one-third of the fee is due upfront, one-third upon completion of the first draft, and one-third upon approval of the final copy.
2. PROPOSAL PACKAGES
Clients can benefit from packages that include prospecting and proposal development. We will complete a comprehensive search of funding sources for a program or organization; draft letters of inquiry to funders; and prepare applications to the five (or ten, etc.) best sources identified. The fee can range from $2,000 to $10,000 or more, depending on complexity and number of applications, time to complete them, quality of background material, meetings required, and other factors.
For package assignments, a deposit is due upfront. The remainder is paid in equal installments over the length of the project.
3. FUNDING RESEARCH
Clients can engage us to research and identify funding prospects for a particular program, project, or purpose (capacity building or a capital campaign, for example). This may include keyword searches of databases of Federal grant programs, foundation/corporate giving sources, telephone surveys of grant watchdogs, and Internet research on funding sources. The fee can range from a few hundred dollars to a few thousand, depending on scope of the search, timeline, and attractiveness of the project to funders.
For research assignments, a deposit is due upfront. The remainder is paid in equal installments over the length of the project.
4. RETAINER AGREEMENTS
Under this arrangement, we act as the client’s “surrogate development department” (or communications department), working a set number of hours each month. Unused hours are “banked” for future months. Retainers typically start at $1,000 per month. We customize the deliverables according to client need. These can include but are not limited to:
• Identifying and qualifying funding prospects on an ongoing basis
• Developing and submitting proposals
• Writing and submitting letters of inquiry
• Drafting concept papers for new programs
• Developing revenue strategies (fees for services, planned giving, donor cultivation, etc.)
• Creating a development plan
• Developing and writing marketing and communications pieces
5. NOT-TO-EXCEED AGREEMENTS
In this arrangement, a mutually agreed upon not-to-exceed amount is set to complete an assignment or provide ongoing assistance. A deposit is due upfront. Hours used are tracked at an hourly rate. The balance of the not-to-exceed amount is billed when the initial deposit is substantially used.
6. “BUFF & SHINE” AND PROPOSAL CRITIQUE
We offer substantive review, editing, and enhancement of client-written proposals, billed at an hourly rate.
Contact us today for a free initial consultation.