Booster clubs I speak with tell me that they have to raise more money than ever before. More than ever, school districts depend on booster clubs to fill the ever-growing gap between after-school budgets and actual student need. How can booster clubs radically increase revenues? Does reducing overhead mean more money for programs? When does fundraising clash with a club’s mission? Experts address these questions in very different ways. In this post I borrow points from Dan Pallotta’s TED talk … [Read more...]
Everything Booster Clubs Need to Know About the Fiscal Year
What is a fiscal year, in a nutshell? A fiscal year defines the start and end dates for an organization’s accounting. Annual and quarterly reports to donors, as well as tax filings, all flow from the fiscal year. So do budgeting and revenue goals. While the majority of U.S. companies’ fiscal year perfectly overlaps the calendar year (Jan. 1st to Dec. 31st), deviating from those dates is more common than you’d think. For example, check out the fiscal years for these organizations: Feb. 1st … [Read more...]
Boosterwashing
How Companies and Charities “Colorwash” Ever notice how every major cause today gets a color? Pink for breast cancer, green for the environment, red for AIDS--causes cover the rainbow and beyond. This kind of branding is effective, raising millions of dollars in the name of various organizations. Yet like most branding, the color codes have a great potential for abuse. With no clear standards for what counts as pink, green, or red products, fundraisers inevitably find themselves in conflict … [Read more...]
Should Your Booster Club Buy Insurance?
It was a booster club’s worst nightmare: A referee at a charity volleyball game injured her ankle when the stand she was sitting on collapsed. The booster club turned to the school district for help, only to be told that the district’s insurance would not cover the referee’s worker’s compensation claim, and that they considered the club financially responsible. The ensuing legal wrangling led to the dissolution of the booster club under threats of a lawsuit. "I'm just a mom, you know," Karen … [Read more...]
Making Traditions (Whether You Mean To Or Not)
We are the makers of memories! What are your best memories from high school? What stories do you retell when you go to a reunion or get together with your old classmates? Arguably, most booster clubs aim to make great memories, so I think it’s crucial that we try to put a finger on what made our own experiences stick with us over time. Sometimes experiences are memorable because of random events--spontaneous downpours, chance encounters, or the serendipity that sparks both romantic and … [Read more...]