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Published byLeon Thomas Modified over 9 years ago
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Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local Projects 25% Corpus of Charitable Fund Currently at $87,495.00
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QUESTION ? Does the Rotary Club of Canton want to continue with the fundraiser as it has for the last 15 years or make changes?
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DECLINING TICKET SALES: Historically, club members have been asked to sell 5 tickets. Historically, not all club members have participated to this degree for various reasons including: Some members have done in-kind contributions. Some members are in professions that do not lend themselves to any type of solicitations. Not enough sponsors have been solicited. Surveys in the past have indicated a desire to change the fundraiser.
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2007 Fundraiser INCOME 270 Tickets @$150/each $40,500.00 Sponsorships 1,000.00 "Live" Auction 1,150.00 TOTAL INCOME $42,650.00 EXPENSES Cash Prizes $11,500.00 Band 1,000.00 Food & Beverages 6,814.00 Flowers & Sponsorship Banner 600.00 TOTAL EXPENSES $19,914.00 NET INCOME $22,736.00
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2008 Fundraiser Profits Income 234 Tickets @$150/each $35,100. Sponsorships 2,000. "Live" Auction 1,900. TOTAL INCOME $39,000. EXPENSES Cash Prizes $11,500. Band & Harpist 1,300. Food & Beverages 8,814. Flowers & Sponsorship Banner 308. TOTAL EXPENSES $21,922. NET INCOME $17,078.
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Issues: Difficulty in selling tickets (could be worse this year) Increase in expenses Diminished income from fundraiser Do we need a more prominent cause?
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Suggestions: Leave the fundraiser as it has been historically Choose another format Sell tickets only for a cash prize Combination – increase in dues and smaller fundraiser?
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Leave the fundraiser as is Pros: Historical event that raises community awareness of the club Social event for the community and club members Even $17,000 is a good fundraiser Cons: Declining income Increasing overhead Club member participation in ticket sales
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Choose another format Do a more casual event with fewer expenses i.e. Western wear event at outdoor location Lower ticket prices Lower cash prize
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Sell tickets only Print 5 tickets for each member to sell just as a raffle for prize money: Reduce price to $100 Cash Prize could stay at $10,000 $500 per member x 60 members = $30,000 Draw winning ticket at lunch meeting (perhaps in coordination with Law Day when we have a big crowd) Profit would still be $20,000
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Questions: How to motivate club members to sell 5 tickets? Do we really want the party? Other Suggestions/Discussion:
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Fundraising Committee Peter Gleichman, Chair George Bailey Lee Burger Susan Padgett-Harrison Larry Woolard A final decision will be made by ballot in the near future after hearing input from club members.
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