Tips For How Your School Can Raise Funds
Saturday, July 3rd, 2010Schools have long been engaged in fundraising activities to raise money. However, many fundraisers just aren’t bringing in the money like they used to. Because of this, PTAs, booster clubs, and other school organizations are searching for more sure-thing ways to raise revenue. Here are three fundraising ideas that are nearly foolproof ways to bring in money.
Cookie Dough Fundraising - this is a very popular fundraising campaign that has been successful in recent years. The product that is being sold is very popular, and generates great revenue.
When you approach potential customers with this fundraising idea, the response tends to be positive. Most people will buy cookie dough for a fundraiser. Because of this, cookie dough sales are popular with booster clubs and PTAs.
Scratch Card Fundraising - Schools that sell scratch cards as fundraisers do very well. These sales can really boost school revenues. The coupon savings inside the cards also helps the cards to sell quickly.
Startup costs can be a downside though. This is the case with cookie dough too. There is always a cost, and the margin for profit is around 70%. You can minimize the up-front costs with careful planning and preselling though.
Online Fundraising - This is now the most popular means for raising funds, for most schools. Clubs, PTAs, and booster organizations all turn to online fundraising via the Internet when they want to raise money quickly and easily.
The big plus to online fundraising is the total lack of cost. Not only is there no start-up cost - there is no cost at all! It is totally free. What happens is, when someone does online shopping, they can opt to have a portion of their purchase money donated to a school organization of their choice. This doesn’t add cost to the purchase, nor does it cost the school. It’s a totally unique way of raising money.
There are literally thousands of ideas out there for school fundraising. The three presented here today are the most successful options. Cookie dough fundraisers and scratch card sales are very popular and effective. However, the increasing popularity and ease of online fundraising means that this is most likely the fundraising trend of the future.