Making Real Money For Charity!

  December 21, 2016

Fundamentals For A Great Fundraiser.

There is no greater feeling in the world than to help a good charity make money in order to help others in need.  There are so many great charities out there, and they are truly worthy with great track records of helping children, domestic violence victims, the homeless, and much more. You can create your own charity or simply partner up with one that makes you passionate about giving back to your community and helping your fellow man.

The first steps to a great fundraiser for your charity of choice.

  • Make sure your Organization has a current 501-C in place:

This gives any contributors a tax deduction for product, services or cash donations. You have an assigned number from the IRS and you can give a receipt for contributors to write off on their taxes. This always entices the business owners to contribute as it is a win-win situation!

  • Set your date and location:

When looking for a location make sure that you pick one that is also willing and able to help! Allure Banquets has had many successful charity events. It’s a great location with 2 beautiful rooms to choose from. Having 2 different sized rooms ensures you have a choice and can structure your event according to your ticket sales! You always want it to look packed and make some money too!

  • Make a list of Sponsors:

Businesses that you know are eager to help. You would be surprised how many local businesses will donate to your event. You do have to give them some great reasons so make a one sheet that will tell them what they get for their donation.  Decide how much you want your sponsors to donate. Make a one sheet that describes the history of the organization, the reason or mission statement, and what their sponsor package will be. For example Logo on all printed material, table for 10 with your company name on it, stage mentions, logo on red carpet (aka Step and Repeat), etc. Also mention that any donation will be tax deductible.

  • “Tax Deductable”:

On your invitations make sure that you add the line “Tax Deductible” next to the price of the ticket. Getting a tax deduction makes a big difference to your potential guests. Find out what your per person price will be for the event and then triple or double the price so you can raise your funds for your non-profit organization.

  • Entertainment is a must! Most artists are willing and able to help. Let them know that they will also get a tax write off for the value of their performance. For example if an artists charges 10,000 to perform, you will be able to give them a 10,000 dollar tax write off! What a great incentive to help!
  • A silent Auction is a great way to add revenue to your event. You can round up some gifts from local businesses. For example a jeweler would donate a diamond bracelet worth thousands and no matter how much or little you sell it for at the silent auction it is all pure profit for your organization. The Jeweler gets a tax donation, the buyer also does and your organization gets pure profit! There is also a great company that can set up an amazing AUCTION for you.  This is great as you would not have to worry at all about rounding up the merchandise and they set up, work the sales for you and you get 90% of the purchases! When you book your fundraising event at Allure they can give you names of great AUCTION set up companies to choose from.

This is a great New Year Resolution: HELPING YOUR COMMUNITY

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