Ten Ways to Raise Extra Money During Your Special Event (2024)

Supplementary activities or items for sale can help make sure no one goes home feeling like they would have happily spent more.

If your nonprofit is planning a special event fundraiser, such as a dinner, auction, tournament, festival, or garden/home tour, you've probably already figured out that ticket sales won't likely cover your costs, much less turn the event into a true fundraiser. Corporate sponsorships might help, but usually require a lot of advance planning.

Here are some ways to add some "oomph" to your event's fundraising possibilities, and make sure that no guests go home feeling like they could have given a little more to the cause, if only the right opportunity had presented itself.

Although these suggestions have mostly to do with in-person events, they also offer possibilities when planning a hybrid, partly virtual partly in-person event. For example, you could hold a silent auction for all attendees (virtual included), but hold back a few items for a small live auction to in-person attendees.

1. Add a Raffle

No need to go crazy lining up prizes; one big-ticket item will do it, preferably one that's in keeping with the theme of the main event. However, be sure to comply with your state's law on raffles, and see, Special IRS Gambling Rules for Nonprofits.

2. Set Up Sales Booths

For a home or garden tour, for example, you might sell luncheon items or drinks, or offer outside vendors the opportunity to sell home- or garden-themed items (in return for a set fee or a percentage of profits). Or, if your group has produced T-shirts, calendar, or other items else you've been trying to sell (or perhaps has a closet full of leftover thank-you gifts from last year's mail appeal) here's the perfect opportunity to earn a little extra.

3. Offer a Signature Drink

If you're trying to loosen up your guests, for example, to get auction attendees into a bidding mood, the first drink should be free. After that, however, offering a special mixed drink, with a clever name that ties in to your nonprofit's name or work, is fun. Plus, you can charge extra for it.

4. Hold a Dessert Auction

The idea here is that volunteers bake cakes and fancy desserts and attendees bid on them during a brief live auction that follows dinner. Each dessert can easily bring in $50 or more, depending on the crowd.

5. Have a Balloon Pop

This is a variation on the raffle idea. You stuff blown up balloons with gift certificates, for example to local stores and restaurants. Holding the balloons, your staff or volunteers circle the room during an appropriate part of the event, and sell them for around $5 to $15. The excitement builds as the balloons are popped and people see what they have won.

6. Double Up on Big-Ticket Auction Items

Can you obtain two of the same high-value item? A donor who, for example, is willing to part with one week's stay at a vacation cabin might be willing to give you a second one. Don't publicize the existence of a duplicate in advance. Instead, when the bidding seems ready to peak, have the auctioneer announce that the donor has consented to providing another of the same item, with both offered at the second-highest price. You'll probably make both bidders happy, with an instant boost to your proceeds.

7. Hold a "Last Person Standing" Contest

Here's how Kaleo Waxman, with the Parents' Club of the Belmont Oaks Academy in Belmont, California, explains this type of contest: "The auctioneer says to the audience, ‘How many of you would be willing to donate just $25 to support the school? Stand up now! How about $50?' The idea is that people sit down when they're not willing to give a higher amount—but a runner quickly goes and gets confirmation of their donation. Meanwhile, the auctioneer keeps upping the amount until there's a ‘last person standing.' Last year that person, who donated $800, received a surprise bonus gift of a two-night stay at a Ritz Carlton resort near Lake Tahoe. Many people said afterward, ‘If we'd known that was coming, we would have stayed standing longer!' But this year, they know there'll be a nice surprise in store."

Note that although this setting was an auction, it could work at many other sit-down events.

8. Arrange for a Challenge Gift

You are probably already planning to have someone make a specific "ask" for support at some point during the event. This could be your E.D., a person with a story to tell, or simply someone who's a passionate, inspiring advocate to your cause. But too many nonprofits drop the ball and don't make clear that they really want people to give, right then and there. A great way to achieve that clarity is to set a goal that's tied to receiving a matching gift from someone in the room.

Setting up a text-to-give number is also useful, since not only will you need to give out the number, but it allows instantaneous giving by both in-person and virtual guests.

9. Hold a Contest

For a separate entry fee, you can have guests guess the number of objects in a jar, enter a putting contest (at a golf tournament), hit a target, guess which baby photo is your executive director, or anything else appropriate to the mood and theme of the event. With advance notice, you can also hold a dessert contest, ugly dog contest, best moustache contest, or something similarly wacky.

10. Focus on Follow-Through

The event isn't really over when it's over. You should have collected names of every person who attended, some of whom are probably friends of friends who have never really supported or even known much about your organization before. Now is your chance to engage with them. Give them a call or other form of contact, and find out what interests them and whether there's a way they might become further involved with your organization.

Ten Ways to Raise Extra Money During Your Special Event (2024)

FAQs

How do you raise money in a fun way? ›

Gaming is a great way to stay in contact with friends when you can't see them face-to-face. Set up a gaming tournament, ask for donations to join in or place bets, and give winnings to your charity or good cause. You'll be raising money and having a great time too!

What events raise the most money? ›

Photo shoots, concerts, markets, performances, street fairs, and movie viewings can all be great fundraising events. Be creative and think outside the box! Make sure your ideas are relevant to the community and the people you want to attract. The main point is that they're fun for attendees.

What is the best way to raise money? ›

Favorite Fundraising Ideas
  1. Food Fundraiser. ...
  2. Shoe Drive Fundraiser. ...
  3. Tree Planting Day. ...
  4. Autographed Memorabilia Auction. ...
  5. Online Shopping Fundraiser. ...
  6. Dog Wash. ...
  7. Text-to-Give. ...
  8. Direct Mail Campaign.

What is a fund raising event? ›

A fundraising event is an event designed to raise awareness and donations for an organization's mission. A fundraising event can be a concert, silent auction, half marathon, neighborhood cookout, and more. Nonprofits use fundraising events to raise money to fuel their missions.

How to raise money at a ball? ›

Raise more
  1. Head and tails -Sell tickets to participants. Players place their hands on their heads or bottom, the MC tosses a coin. ...
  2. Ask people to donate to take home the flowers at the end of the night.
  3. Gift Aid can be claimed on donations but cannot be claimed on ticket sales, raffle, and auction.

How do you turn an event into a fundraiser? ›

Follow these steps to plan and execute the most successful event possible:
  1. Determine your fundraising event goals. ...
  2. Choose the right type of fundraising event. ...
  3. Secure corporate sponsors. ...
  4. Create an engaging experience for your supporters. ...
  5. Market your fundraising event. ...
  6. Assess your results and cultivate your relationships.
Dec 10, 2022

What is an event organized to raise money for a particular purpose? ›

A fundraiser is an event which is intended to raise money for a particular purpose, for example, for a charity.

What is the number one rule of fundraising? ›

People Give to People - The First Rule of Fundraising | NextAfter.

Can you raise money without being a nonprofit? ›

To perform a fundraising campaign for a charitable cause, you don't always need to be registered by 501(c)(3). Even if you can accept donations without being a nonprofit, all you need is a valid reason.

How to write a fundraising message? ›

Fundraising letters, also referred to as donation letters, should be concise. Ideally, they should be no longer than one to two pages, but some stories take a little longer to tell. In most cases, it's best to use precisely the number of words needed to define the problem and request donors' support—no more, no less!

How can I raise money anonymously? ›

There are several ways to engage in anonymous fundraising. One common method is through anonymous donations, where individuals contribute funds without revealing their identity. This can be done through various channels, such as online platforms, mailing checks, or even giving cash in person.

How can I have fun with money? ›

5 ways to use fun money
  1. Family-friendly activities. Is there an amusem*nt park 🎡 nearby that your kids love to visit? ...
  2. Shopping for clothes. Kids frequently outgrow clothes (and you may want some new attire yourself). ...
  3. Buying wish list items. ...
  4. Celebrations or special events. ...
  5. Loop your kids and teens in and let them choose.
Nov 14, 2023

How do you raise money from people? ›

Crowdfunding

They're easy to set up, and if you can communicate your passion in your fundraiser description, you may be able to generate support from people all over the world. Moreover, you can ask friends and family to contribute to your crowdfunding efforts or borrow from them directly.

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