Ideas Booster Club Fundraising Shows You Ways To Raise Money For Your School’s Booster Club
Need some
Ideas Booster Club Fundraising?
Booster
clubs are a very popular type of fundraising group, generally run by the parents
of students, especially at the high school and college levels. Oftentimes, booster club fundraisers are
held to raise money for school trips or equipment needed by students, either
athletically or academically. Many
booster clubs are formed to help bring in monetary donations to support a
school’s sports team, associated club, or other school organization.
Most
schools already have some type of booster club. However, if you plan to start one at
your student’s school, it’s a good idea to check with IRS guidelines ahead of
time to make sure you adhere to pertinent regulations. According to the IRS, booster clubs may
not discriminate in the granting of funds based on a family’s membership in,
time spent fundraising for, or amount of financial contributions made to the
club. There should be no bias or
personal interest when deciding how the club will disperse contributions made
during fundraising activities.
Also,
booster clubs can achieve non profit, tax exempt 501(c)(3) status by filing and
paying the fee for such through the IRS.
For more information regarding IRS guidelines for non profits, visit http://www.irs.gov/charities/index.html
to search for relevant forms and publications.
Some
IRS publications that may be helpful:
IRS
package 1023 (contents: Form 1023 and 872-c) Form SS-4 (Application for
Employer Identification Number) Form 8718 (User Fee for Exempt Organization
Determination Letter Request) Publication 557 - "Tax-exempt Status for Your
Organization"
What
types of fundraisers work well for booster clubs? One accepted booster club fundraising
idea is to raise money with raffles that can be held during school or at
sporting or other events. You can
also sell hot dogs, popcorn, soda, and other food items at events to generate
even more money for your group.
The
sale of school-related items is another great way to raise money. T-shirts, bumper stickers, hats, and
other clothing with the school’s mascot and name on it are always popular
sellers and are great to sell at your school’s sporting events.
Online
auctions is a rapidly growing way to raise money for schools. You can even implement a raffle or
contest into your internet auction activities to inspire more interest, and
thus, more revenue, from supporters.
Visit IDonateToCharity.org to see how your booster club can benefit from
online auctions with no monthly membership or auction listing fees. You can also learn about the many other
internet fundraising opportunities available at our website, such as hosting
treasure hunts, online poker tournaments, or simply setting up an area where
supporters can make straight donations.
If
your booster club has 501(c)(3) status, you’ll can also enjoy over 200,000
wholesale products that you can sell at your online auctions by utilizing a
special link to a wholesale dropshipper that we will send to you once your
application for free membership has been submitted and approved. You can also use these products for your
own personal use or purchase them to resell during your next fundraiser. You can even come up with some unique
fundraising activities using some of these products. For example, you can set up a day at
school in which students can buy a “friendship” or “secret admirer” flower for
another student. Students pay for
their flower and fill out a form stating to whom they’d like to send the
flower. Then, once you’ve collected
all the money and are finished with the signups, you can go to our special
wholesale link and purchase fresh flowers at wholesale. Once they arrive, you disperse the
orders. We have several items
available that work wonderfully for these types of fundraising ideas.
With
free membership and such a wonderful variety of tools and fundraising
opportunities, what are you waiting for?
Visit Charitable-auctions.com for more
information and to sign up free now!

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