FUND RAISING INFORMATION FOR CLUBS
First and foremost...ALL FUND RAISING ACTIVITIES MUST BE APPROVED IN ADVANCE BY THE DIRECTOR OF STUDENT ACTIVITIES & LAFORTUNE STUDENT CENTER. Fund raising proposals can be submitted by completing a Goods and Services Application.
Clubs should consider fund raising when they want to raise funds for a specific purpose, whether is be for internal club use or as a charitable contribution. Clubs which attempt to fund raise for "stock piling" purposes are more likely to fail.
Here are a few things you will want to establish during the planning process:
PURPOSE
Why are we raising the funds? (People want to know where their money is going, and it should be for a good cause.)FINANCIAL GOALS
How much do we need to raise? How much do we want to raise? How much can we anticipate raising with the proposed activity?INITIAL COST
How much will it cost to produce this fund raiser? Do we have the money in our account to cover the front-end costs of the project?EFFECTIVENESS
Will the idea work? Can we really raise money doing this fund raiser? Will we at least break even? Take the time choose fund raisers which could be effective, and take the time to plan and publicize them properly.
Before you start planning a labor-intensive, financially risky event, make sure you have addressed all other funding opportunities. Here are some suggestions to consider: EVALUATE YOUR BUDGET! Can you cut expenses from other items you have budgeted for? This may be the easiest way to "internally fund raise"!
- CCC Emergency Appeal - Contact your CCC Division Representative for more details.
- Council of Representatives Collaboration Fund - Contact your CCC Division Representative for more details.
- Co-Sponsorships with other clubs/organizations/departments - Contact Student Activities for suggestions on co-sponsorships.
If you have decided that you want to coordinate a fund raising event, start thinking of some possible activities you could coordinate. To get the ball rolling, here are some suggestions for fund raisers:
- Guess the pennies (candy, paperclips, etc.) in the jar.
- Food/Bake sales (don't forget you will also need a Temporary Food Service Permit!)
- Food sales at events (don't forget you will also need a Temporary Food Service Permit!)
- Arts/Crafts sales
- Apparel sales (be sure to complete Part II of the Goods and Services Application, and obtain approval before ordering merchandise from approved vendors)
- Car Wash
- Volunteer yardwork for donations
- Dance party (charge an admission fee)
- Candy-grams
- Athletic tournament (contact RecSports for assistance with coordinating it effectively)
- Band concert
- Raffles (please be aware that this is a lengthy process--contact Peggy Hnatusko for details at least eight weeks before your event).
DID YOU KNOW?
You can sell your apparel, CD's and other merchandise at LaFortune Information Desk. For more information, complete a LaFortune Info Desk Sales Agreement Form, available from the Student Activities Office outside room 315 LaFortune.