13

Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

Embed Size (px)

Citation preview

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
Page 2: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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

Page 3: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

QUESTION ?Does the Rotary Club of Canton want to

continue with the fundraiser as it has for the last 15 years or make changes?

Page 4: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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.

Page 5: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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 

Page 6: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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. 

Page 7: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

Issues:Difficulty in selling tickets (could be worse

this year)Increase in expensesDiminished income from fundraiserDo we need a more prominent cause?

Page 8: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

Suggestions:Leave the fundraiser as it has been

historicallyChoose another formatSell tickets only for a cash prizeCombination – increase in dues and smaller

fundraiser?

Page 9: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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

Page 10: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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

Page 11: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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

Page 12: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

Questions:How to motivate club members to sell 5

tickets?Do we really want the party?

Other Suggestions/Discussion:

Page 13: Rotary Fundraiser For Rotary Fundraiser Profits range from $16,000-$22,000 Historic Division of Funds: GRSP Student -$6,500 Incoming President’s Local

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.