Fundraising Incentives and Fundraising Prizes

Everyone loves prizes!

There is something inherent in us that enjoys receiving a reward for our hard work.  Offering one grand prize or a number of smaller prizes along the way is a great way to create fundraising success.  Fundraising incentives work!

Kids will respond to the challenge of winning a prize and will then strive to win the next one.

Your school can offer a variety of incentive types (both short term and long term) such as an ice cream party, limo ride or extra recess.  You can offer drawing prizes or fun principal-based fundraising incentives such as the principal spending the day on the roof.

Fundraising incentives will keep your group motivated!

This is a no excuses post.  That means that there is no excuse for not offering a reward or incentive to your group on your next fundraiser.  Any reward at any level will help focus your sellers and create success!

Ok, until next time!

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Elementary School Fundraiser with 100% Profit

I've seen several references lately to schools doing fundraising themselves and keeping 100% of the profit.

That sounds reasonable, but, there is a funny curiosity about it. It doesn't actually make sense.  With every school fundraiser, through a fundraising company or hosted on ones own, a school always keeps 100% of the profit that they receive. After all, it's profit.

Hey, just sayin'.

Semantics aside, how about this one.  If a school hosts it's own fundraiser, they keep 100% of the money?

If there are expenses incurred, the school is not receiving 100% of the money.  That implies no expenses.  The minute a cash prize, a Nintendo dsi, pizza party, t-shirt,  trophy, limo ride or water bottle is offered, that costs money.  Even expenses like printing, sign-making, paper plates or whatever cost real money. 

That means a school is not getting 100% of the money.

In fact, I looked at a school blog where they raised something like $600 on a product they were reselling on their own then offered a limo ride as the prize. Chances are they kept close to 0% of the money.  I guess they do keep 100% of the money, but it doesn't make sense if the expenses aren't taken into consideration.


Ah well.  Thought I'd start the week off with a bit of a humorous look at how schools view profits and money. 

We just have to remember that when we talk fundraising profit, it's the percentage of the retail per transaction that goes to the school after expenses that matters.