Most effective way to raise money?

Hi Katie:

Just to explain about 50/50 draws:  Let's say you sell 100 tickets for $1 each and each person who purchased a ticket has her name or ticket number put in a basket.  You end up with $100, draw a name out of the basket and give the winner $50, whch means you have $50 to give to the charity.

As for fundraising, if you're planning to hold an event (fashion show, concert, gala etc.) the very first thing you need to do is get a SPONSOR -- a company that will underwrite all expenses in exchange for getting its name on all the flyers, tickets, event programmes etc.  So you need to draw up a business plan, showing the potential sponsor how supporting this event will benefit its business, as well as being seen as a "good corporate citizen".  You could also have various levels of sponsorship.  Break down everything that needs to be paid for e.g. printing, hall hiring, catering etc. and have various businesses sponsor each of those things.

The secret is to have all your expenses paid for, so that every dollar/pound you raise can go directly to your cause.

Another revenue generator that's especially popular here in Canada is to hold a silent auction at an event.  If you want to know more about this, just p.m. me.

Cheers, Linda

Curlylocks, good for you getting everything donated!   That's the way -- money coming in, not going out!!

Good luck, Linda

Hello, Katie! I am an Ambassador with Plexus Pink an amazing Breast Health company that is dedicated to breast health for every woman on the planet. We offer two products to help promote healthy breasts - a Breast Chek Kit (Self Examination Kit) and an amazing Breast Cream containing Spirulina Algae.

I have participated in the 3-Day Walk and know what a challenge fundraising can be. That is why I would like to offer a donation of $5 PER PRODUCT that is ordered. If 3 products are purchased on one order, I will donate $15.

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If you have any questions, feel free to email me at pinkhealthaz@yahoo.com.

I wish you the best of luck with your fundraising efforts!!!

Jennifer

I love the idea of the 50/50 raffle and started planning one at work.  I ran into road-blocks since Michigan requires a gaming license for all games of chance.  The license takes 6 weeks and a percent of the sales go to the State.  I'm scrapping that idea although it was the best I've heard so far! 

My second thought is to have a bake sale at work.  People in my department have volunteered to bake and we will put the goodies out on a table for everyone to participate.  I'm not sure how to handle pricing though.  I'm leaning toward putting a box for a donation and let people give what they want.  Any suggestions for that? 

My boss is a member of my team and she suggested somehow incorporating the names of the Komen Teams.  They are a hoot in case you haven't seen them before.  Maybe we should vote on the best Team name? Not that it sells anything but may make people stop by and get a cookie while they are there.