FUNDRAISERS


FUNDRAISERS

Casino Fundraiser Party Guidelines
Establishing and Realizing your Financial Goal

Important Points:


  1. GOAL

    • Ask yourself, "how much money would you like to raise at this event?"
    • Having a realistic goal of how much money you would like to raise is the key starting point . It should determine the price of your entrance fee and the limit of your expenses.

  2. REVENUES

    • Revenue for a fundraiser usually will come from ticket sales, table sponsorship, drink sales, food, auctions, additional script purchases

    TIPS: TABLE SPONSORSHIPS Find at least one table sponsor for each casino table being used and the sponsor amount should generally be at least $100. Make your sponsors feel as though they are getting value for their donation by granting them the option of promoting their business at the table with gifts that promote their business or even the dealer wear a sponsor uniform. In granting this, it might give you a better chance for them to sponsor you again next year with no hesitation.

    ADDITIONAL SCRIPT MONEY As part of their entrance fee guests are usually given an initial amount of script or "funny" money. If they loose their initial amount they should have the option of acquiring more money for a donation. It is important, though, that you include enough script money at the very beginning of their package, anything less and the guest might feel a little short changed. Keep the "donation" to an amount that encourages people to get more script rather than setting it too high and not having anyone to buy in again.

  3. EXPENSES
    • Expenses are to be kept to a minimum without compromising your event

  4. DETERMINING TICKET PRICE

    • Ask the following:
    • How much money do you want to make?= NET PROFIT
    • How many tickets can you sell for this event?= TICKETS
    • What is the total of all expenses?= EXPENSES
    • What is the total of my net profit plus all of my expenses?= GROSS

    NET PROFIT + EXPENSES= GROSS GROSS/ TICKETS= TICKET PRICE

    Example: we want to make $4500 from our event our # of tickets to be sold 250 total expenses $2500 $4500 + $2500= $7000 (GROSS) $7000/ 250= $28 PER TICKET

    * this only helps you realize at least your INTENDED net profit... Make sure you take into consideration other scenarios like not meeting your ticket sales goal or your expenses were higher than budgeted


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