31 Day Calendar Fundraiser: How Much Money Can You Raise?

Introduction

Are you looking for a fundraising idea that is easy to organize and can raise a lot of money? If so, a 31 day calendar fundraiser might be just what you need. This type of fundraiser involves selling calendar tickets for a whole month. Each ticket has a unique number, and every day, a winning number is drawn. The prize for the winner can be anything from cash to a gift card, depending on what you can offer. But how much money can you raise with a 31 day calendar fundraiser? Let’s find out.

How Does a 31 Day Calendar Fundraiser Work?

To organize a 31 day calendar fundraiser, you need to create a calendar with 31 days on it. Each day should have a unique number, from 1 to 31. You can create the calendar yourself or use an online service that provides customizable templates. Once you have the calendar, you need to sell tickets for each day. The price of each ticket can vary, but it’s common to charge $10 or $20 per ticket. After you have sold all the tickets, you need to draw a winning number for each day of the month. You can do this by using a random number generator or by drawing numbers from a hat. The person who has the ticket with the winning number for that day wins the prize. You can offer different prizes for different days, or have a grand prize for the last day of the month.

How Much Money Can You Raise?

The amount of money you can raise with a 31 day calendar fundraiser depends on several factors. These include the price of the tickets, the number of tickets you sell, and the value of the prizes you offer. Let’s take a look at some examples. Example 1: Selling 100 Tickets at $10 Each If you sell 100 tickets at $10 each, you will raise $1,000. If you offer a prize of $50 for each day of the month, you will spend $1,550 on prizes. This means you will have a net loss of $550. However, if you offer a grand prize of $500 for the last day of the month, you will spend $2,050 on prizes, but you will have a net profit of $950. Example 2: Selling 200 Tickets at $20 Each If you sell 200 tickets at $20 each, you will raise $4,000. If you offer a prize of $100 for each day of the month, you will spend $3,100 on prizes. This means you will have a net profit of $900. If you offer a grand prize of $1,000 for the last day of the month, you will spend $5,100 on prizes, but you will have a net profit of $900.

Question and Answer

Q: Can I sell more than one ticket per day? A: Yes, you can sell as many tickets as you want for each day of the month. This will increase your revenue, but it will also increase the number of prizes you need to offer. Q: Do I need to offer a prize every day? A: No, you can choose to offer prizes only on certain days of the month, such as weekends or holidays. This will reduce the cost of the fundraiser, but it may also reduce the number of tickets you sell. Q: Can I use a 31 day calendar fundraiser for a non-profit organization? A: Yes, a 31 day calendar fundraiser is a popular choice for non-profit organizations, schools, and sports teams. It’s a fun and easy way to raise money for a good cause.

Conclusion

A 31 day calendar fundraiser can be a great way to raise money for your organization or cause. The amount of money you can raise depends on how many tickets you sell and what prizes you offer. By following the tips in this article, you can maximize your profits and have a successful fundraiser. Good luck!