ROBERT S. STUBBS,III CHARITABLE FUNDRAISER Interactive Discussion - PowerPoint PPT Presentation

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ROBERT S. STUBBS,III CHARITABLE FUNDRAISER Interactive Discussion

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Leave the fundraiser as is Pros: Historical event that raises community awareness of the club Social event for the community and club members Even $17,000 is a good ... – PowerPoint PPT presentation

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Title: ROBERT S. STUBBS,III CHARITABLE FUNDRAISER Interactive Discussion


1
ROBERT S. STUBBS,III CHARITABLE FUNDRAISER
Interactive Discussion
2
Rotary Fundraiser
  • For
  • Rotary Fundraiser
  • Profits range from 16,000-22,000
  • Historic Division of Funds
  • GRSP Student -6,500
  • Incoming Presidents Local Projects
  • 25 Corpus of Charitable Fund
  • Currently at 87,495.00

3
QUESTION ?
  • Does the Rotary Club of Canton want to continue
    with the fundraiser as it has for the last 15
    years or make changes?

4
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.

5
2007 Fundraiser
  • INCOME
  • 270 Tickets _at_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
  •  

6
2008 Fundraiser Profits
  • Income
  • 234 Tickets _at_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.
  •  

7
Issues
  • Difficulty in selling tickets (could be worse
    this year)
  • Increase in expenses
  • Diminished income from fundraiser
  • Do we need a more prominent cause?

8
Suggestions
  • Leave the fundraiser as it has been historically
  • Choose another format
  • Sell tickets only for a cash prize
  • Combination increase in dues and smaller
    fundraiser?

9
Leave the fundraiser as is
  • Pros
  • Historical event that raises community awareness
    of the club
  • Social event for the community and club members
  • Even 17,000 is a good fundraiser
  • Cons
  • Declining income
  • Increasing overhead
  • Club member participation in ticket sales

10
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

11
Sell tickets only
  • Print 5 tickets for each member to sell just as a
    raffle for prize money
  • Reduce price to 100
  • Cash Prize could stay at 10,000
  • 500 per member x 60 members 30,000
  • Draw winning ticket at lunch meeting (perhaps in
    coordination with Law Day when we have a big
    crowd)
  • Profit would still be 20,000

12
Questions
  • How to motivate club members to sell 5 tickets?
  • Do we really want the party?
  • Other Suggestions/Discussion

13
Fundraising Committee
  • Peter Gleichman, Chair
  • George Bailey
  • Lee Burger
  • Susan Padgett-Harrison
  • Larry Woolard
  • A final decision will be made by ballot in the
    near future after hearing input from club members.
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