ROBERT S. STUBBS,III CHARITABLE FUNDRAISER Interactive Discussion

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ROBERT S. STUBBS,III CHARITABLE FUNDRAISER
Interactive Discussion
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Rotary Fundraiser

• For

• Rotary Fundraiser
• Profits range from 16,000-22,000
• Historic Division of Funds
• GRSP Student -6,500
• Incoming Presidents Local Projects
• 25 Corpus of Charitable Fund
• Currently at 87,495.00

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QUESTION ?

• Does the Rotary Club of Canton want to continue
  with the fundraiser as it has for the last 15
  years or make changes?

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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.

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2007 Fundraiser

• INCOME
• 270 Tickets _at_150/each                40,500.00
• Sponsorships                                   
  1,000.00
• "Live" Auction                                  
  1,150.00 
• TOTAL INCOME                            
  42,650.00
• EXPENSES
• Cash Prizes                                   
  11,500.00
• Band                                 
  1,000.00
• Food Beverages                             
  6,814.00
• Flowers Sponsorship Banner            600.00
• TOTAL EXPENSES                        
  19,914.00
•  
• NET INCOME                           22,736.00
•  

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2008 Fundraiser Profits

• Income
• 234 Tickets _at_150/each                35,100.
• Sponsorships                                   
  2,000.
• "Live" Auction                                   
  1,900.
• TOTAL INCOME                             39,000.
• EXPENSES
• Cash Prizes                                   
  11,500.
• Band Harpist                                  
  1,300.
• Food Beverages                             
  8,814.
• Flowers Sponsorship Banner             308.
• TOTAL EXPENSES                         21,922.
• NET INCOME                           17,078.
•  

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Issues

• Difficulty in selling tickets (could be worse
  this year)
• Increase in expenses
• Diminished income from fundraiser
• Do we need a more prominent cause?

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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?

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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

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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

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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

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Questions

• How to motivate club members to sell 5 tickets?
• Do we really want the party?
• Other Suggestions/Discussion

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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.