bob stubbs fundraiser

Rotary Fundraiser
Rotary Fundraiser
Profits range from $16,000-$22,000
Historic Division of Funds:
•GRSP Student -$6,500
•Incoming President’s Local
Projects
•25% Corpus of Charitable Fund
•Currently at $87,495.00
 For
QUESTION ?
 Does the Rotary Club of Canton want to continue with
the fundraiser as it has for the last 15 years or make
changes?
DECLINING TICKET SALES:
 Historically, club members have been asked to sell 5
tickets.
 Historically, not all club members have participated to
this degree for various reasons including:
 Some members have done in-kind contributions.
 Some members are in professions that do not lend
themselves to any type of solicitations.
 Not enough sponsors have been solicited.
 Surveys in the past have indicated a desire to change
the fundraiser.
2007 Fundraiser
INCOME
 270 Tickets @$150/each
 Sponsorships
 "Live" Auction
 TOTAL INCOME
EXPENSES
 Cash Prizes
 Band
 Food & Beverages
 Flowers & Sponsorship Banner
 TOTAL EXPENSES
 NET INCOME
$40,500.00
1,000.00
1,150.00
$42,650.00
$11,500.00
1,000.00
6,814.00
600.00
$19,914.00
$22,736.00
2008 Fundraiser Profits
Income
 234 Tickets @$150/each
 Sponsorships
 "Live" Auction
 TOTAL INCOME
EXPENSES
 Cash Prizes
 Band & Harpist
 Food & Beverages
 Flowers & Sponsorship Banner
 TOTAL EXPENSES
 NET INCOME
$35,100.
2,000.
1,900.
$39,000.
$11,500.
1,300.
8,814.
308.
$21,922.
$17,078.
Issues:
 Difficulty in selling tickets (could be worse this year)
 Increase in expenses
 Diminished income from fundraiser
 Do we need a more prominent cause?
Suggestions:
 Leave the fundraiser as it has been historically
 Choose another format
 Sell tickets only for a cash prize
 Combination – increase in dues and smaller
fundraiser?
Leave the fundraiser as is
 Pros:
 Historical event that raises community awareness of the
club
 Social event for the community and club members
 Even $17,000 is a good fundraiser
 Cons:
 Declining income
 Increasing overhead
 Club member participation in ticket sales
Choose another format
 Do a more casual event with fewer expenses
 i.e. Western wear event at outdoor location
 Lower ticket prices
 Lower cash prize
Sell tickets only
 Print 5 tickets for each member to sell just as a raffle
for prize money:
 Reduce price to $100
 Cash Prize could stay at $10,000
 $500 per member x 60 members = $30,000
 Draw winning ticket at lunch meeting (perhaps in
coordination with Law Day when we have a big crowd)
 Profit would still be $20,000
Questions:
 How to motivate club members to sell 5 tickets?
 Do we really want the party?
Other Suggestions/Discussion:
Fundraising Committee
 Peter Gleichman, Chair
 George Bailey
 Lee Burger
 Susan Padgett-Harrison
 Larry Woolard
 A final decision will be made by ballot in the near future
after hearing input from club members.