Budget. Financing. Fundraising. Achieving Perfect Balance
Our team managed 100% of the approved project budget. From the beginning, we provided Museum leadership a detailed projected cash flow by month, which allowed them to balance fundraising projections against the potential need for financing in real time. By monitoring these projections closely and analyzing a multitude of fundraising scenarios, the Museum was able to make the decision not to commit to long-term financing and, in turn, diverted millions of dollars originally earmarked for financing costs to invest directly in mission-related costs, such as building and exhibits.
The Hillwood team understands that specific-use projects such as yours are often driven by very specific budget goals. Whether those goals revolve around unique financing strategies, bottom-line budget totals, IRRs, or some other metric, we will tailor our approach to meet those goals. In our hands, the budget is a living document that provides constant feedback to ownership and the project team to help shape future decisions and realize the impact of historical decisions.