Top 5 Ways to Generate Funds at a Fundraising Event
For many people, being apart of a fundraising event is extremely rewarding. So much so, that they end up doing everything they can to help raise the required amount of funds. Since saving on costs and raising money is the main objective to throwing a fundraising event, not many event planners are going to seek the services of event production companies. However, should the fundraising event itself be quite populous, an inexperienced event planner might seek the help of an event production company to ensure efficiency and bigger revenue. The following are the top 5 ways to generate funds at a fundraising event.
Have a Donation Table Set Up
One of the most straightforward ways of collecting donations is to set up a donation table near the exit of the event. This way, attendees who had a marvelous time at the fundraising event will feel inclined to leave behind some money for the fundraiser’s benefit.
Use Drink Tickets
A great way to ensure that the right amount of donations are going to be received is to go with the open bar concept. This concept is achieved by handing every guest one or two (depending on one’s budget) free drink tickets. The guests will then head to the bar and use their free drink tickets to order a drink. In many cases, these guests are going to tip generously for their free drink and the proceeds will go towards the fundraiser. In addition, guests who have already begun drinking can end up wanting to buy even more drinks, however, they will now have to pay for each individual one.
Have a Raffle
Another easy way to generate funds at a fundraiser is to organize a raffle. Event planners can set up a raffle station where interested guests can view the prizes available to them and enter to win. Generally, raffle prizes revolve around movie tickets, a spa day, a gift card, or free dining passes to a local restaurant. Raffle tickets are a classic example of how one needs to spend money to make money.
Have an Auction
Another creative way to make money for a good cause is to have people donate moderately expensive pieces to the fundraiser and then have them auctioned off by a professional. Not only is being able to watch a live auction a fun activity, it is a great way to purchase interesting pieces while helping a good cause.
Have a Bake Sale
For smaller fundraisers, having a bake sale present can also be an excellent way to generate funds. An efficient way to get people at a fundraiser to buy baked goods is to supply them with a meal but not dessert.