Fundraising The joys and pains of raising money
Who are you appealing to? What kind of event are you doing? When are you holding this fundraiser? Where is it going to be? Why are you doing this fundraiser? The 5 W’s
Create a reasonable timeline Plan your event up at least 3 months in advance Have a calendar and mark your deadlines for certain duties and responsibilities to be completed by committee members Circulate this time line to your committee Timeline
How much do you want to raise? Be practical (Can a Rotaractor afford a USD$100 banquet) Try not to incur much expenses Offer value for money Collect money up front – no credit! Financial Goals
* Will persons pay money to attend? How many other activities are happening around that time? Can they afford to support this event? What value for money are we providing? What makes our event stand out? Is it worthwhile? Questions to Ask
Your signature fundraiser should be held every year. Keep your poster/flyer/tickets with the same look every year. Add a catchy phrase or theme for each year Branding
Bake Sale (end of Month) Car Wash (not during rainy season) Cookbook publication Casino night Domino Tournament Bikeathon Cook Off Walk aThon (everybody is health conscious) Fish Fry (during Lenten season) Successful Fundraisers
Keep thing consistent If the format works then keep it – every year If it doesn’t work, don’t do it annually Consistency
Use the press to get the message out there. Send it out in the gossip circles Facebook it! Make sure you get coverage before and after. Public Relations
Write to as many people as you know Network – if you don’t know someone find someone else who does You can never have too much Ask for ‘in-kind’ donations instead of cash Sponsorship
Make it brief – people are busy People have short attention spans The first thing they think of is “so what” and “now what” State who is benefitting from this event and why it is important Letter writing
Try not to clash with other clubs or other fundraisers. Pick a date and lock it in with a “save the date” Pay attention to other “save the date” s to avoid clashes Pick the date carefully
Appoint a person for each of the following categories: Ticket sales PR Auction/fundraiser at event Treasurer Entertainment Decorations F& B Establish a clear goal
Use , Facebook, BBM’s Try to relate what’s going on in your head Make things very clear Be diplomatic Make sure you say “thank you” in a special way Communicate with your team
Reconcile the financials of your event Submit all receipts, prepare income & expense statement, do all collections, close off event Get feedback of event from attendees Make notes for future events Post Mortem
Committee members Sponsors Press Participants Don’t forget to thank everyone
MAKE ROTARACT FUN Enjoy yourself