5 Ways to Raise More Cash at Your Next Fundraiser

5 Ways to Raise More Cash at Your Next Fundraiser
January 2, 2016 Kris Asleson

2016 is here and we’re ready for a new year of service and care towards our loyal customers! With the turn of the calendar, we thought it would be timely to suggest a few ways you can raise even more cash at your next non-profit, club or group fundraiser. Remember, your supporters are there because they believe in your cause, so be creative and innovative with how you engage them! Here are a few ideas you can consider going into this next year.

  1. Heads or Tails. Heads or Tails is a game where participants can purchase beads or something similar to wear around their neck. At the time of the game, everyone who has beads stands up. They are instructed to place their hands on either their head or their backside. The emcee or auctioneer will then flip a coin, and everyone who guesses correctly gets to stay standing. Those who lose will sit down (or take off one of their beads if they purchased more than 1). The game continues until only one person is left. A prize, such as a weekend getaway, is awarded to the winner, and beads usually sell for $25-$50.
  2. Unique Raffle. You have probably heard of a raffle, but maybe you aren’t sure if and how to best do this. In our experience, the best raffles aren’t always the most expensive, but the most unique. The ones where prizes are things that money can’t buy, and apply specifically to your donor group, are usually the big winners. For example, as a Portland, OR based company, we might suggest an autographed piece of Portland Trailblazer memorabilia personalized to the organization, rather than just a set of courtside seats. So, talk to your team and see what you can come up with based on the connections you all have!
  3. Expanded Silent Auction. Silent auctions are a great way to raise money, but you may not be getting all that you can out of them. While getting a business to sponsor a table may prove difficult unless you have a relationship with them, a lot of companies (especially the big ones) have a pretty set procedure for non-profits seeking donations. Most of the time, all it takes is a written request and 3-4 weeks of patience to get a $25 gift card. Keep this in mind and bring on a few more volunteers to your silent auction committee!
  4. Sell Experiences. Experiences are wonderful because they are unique, memorable, and can be “free” more often than not. Is the local mayor a supporter of your organization? Maybe he or she will donate a “lunch with the mayor” to your event. Does a teacher at your school also play guitar on the side? Auction off a private concert. If you think hard enough, you’ll be amazed at how many opportunities like this are available to you.
  5. Focus on Monthly Support. A lot of events focus on raising money during the night of the fundraiser, but a great event builds in monthly revenue to the organization all year long by offering compelling opportunities to give on an ongoing basis throughout the year. So figure out a way to present your giving opportunities in a way that can be broken down into a monthly pledge and go all out!

These 5 ideas are sure to increase both the fun and bottom line at your next event. Bring them up at your next board meeting and decide what fits well with your organization!

Miss Formal Event Rentals is a wedding and event rental company serving the Portland, OR and Vancouver, WA areas.