rotary fundraiser for rotary fundraiser profits range from $16,000-$22,000 historic division of...
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![Page 1: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local](https://reader036.vdocuments.us/reader036/viewer/2022062422/56649ea05503460f94ba2a4d/html5/thumbnails/1.jpg)
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Rotary FundraiserFor
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 FundraiserINCOME270 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 ProfitsIncome234 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 expensesDiminished income from fundraiserDo we need a more prominent cause?
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Suggestions:Leave the fundraiser as it has been
historicallyChoose another formatSell tickets only for a cash prizeCombination – increase in dues and smaller
fundraiser?
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Leave the fundraiser as isPros:
Historical event that raises community awareness of the club
Social event for the community and club members
Even $17,000 is a good fundraiserCons:
Declining incomeIncreasing overheadClub 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 onlyPrint 5 tickets for each member to sell just as
a raffle for prize money:Reduce price to $100Cash Prize could stay at $10,000$500 per member x 60 members = $30,000Draw 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 CommitteePeter Gleichman, Chair
George BaileyLee BurgerSusan Padgett-HarrisonLarry Woolard
A final decision will be made by ballot in the near future after hearing input from club members.