As a non-profit organization, fundraising is a necessary part of keeping your operations running smoothly. One of the most popular ways to raise money is through a 31-day calendar fundraiser. But, how much can you realistically make with this type of fundraiser in 2024? Let's take a closer look.
Table of Contents
Table of Contents
Introduction
As a non-profit organization, fundraising is a necessary part of keeping your operations running smoothly. One of the most popular ways to raise money is through a 31-day calendar fundraiser. But, how much can you realistically make with this type of fundraiser in 2024? Let's take a closer look.
What is a 31-Day Calendar Fundraiser?
A 31-day calendar fundraiser is a simple and effective way to raise money for your organization. The premise is easy - you sell numbered squares on a calendar for a set price, usually $10 or $20 each. Each day of the month, you randomly pick a square and the person who purchased that square wins a prize. The remaining money goes to your organization as a donation.
How Much Can You Realistically Make?
The amount of money you can make with a 31-day calendar fundraiser largely depends on the number of squares you sell. Let's say you sell 500 squares at $10 each. That would bring in $5,000 in revenue. If you offer a $50 prize each day, that would be a total of $1,550 in prizes for the month. Subtracting the prize money from the revenue, your organization would end up with $3,450 in donations.
Of course, these numbers are just an example. You could sell more or less squares, charge a different price per square, or offer different prize amounts. The key is to find a balance between making the fundraiser appealing to potential buyers and raising enough money for your organization.
How Can You Maximize Your Earnings?
There are several ways to maximize your earnings with a 31-day calendar fundraiser. One is to offer larger prizes on certain days, such as weekends or holidays, to entice more people to buy squares. Another is to sell squares in bundles, such as three for $25 or five for $40, to encourage people to buy more than one square. You can also promote the fundraiser on social media and through email marketing to reach a wider audience.
Question and Answer
Q: Can a 31-day calendar fundraiser be done online?
A: Yes, a 31-day calendar fundraiser can easily be done online using a platform like Fundly or GoFundMe. This allows you to reach a wider audience and makes it easy for people to purchase squares and donate to your organization.
Q: What types of organizations are best suited for a 31-day calendar fundraiser?
A: Any non-profit organization can benefit from a 31-day calendar fundraiser. This includes schools, churches, sports teams, and community organizations. It's a simple and effective way to raise money for a good cause.
Conclusion
A 31-day calendar fundraiser can be a great way to raise money for your non-profit organization. By selling squares and offering prizes, you can generate donations while also engaging with your community. Keep in mind that the amount of money you make depends on the number of squares you sell, the price per square, and the prize amounts. With the right strategy and promotion, you can maximize your earnings and make a real difference for your organization.
