YouTube makes sharing video easy. Creating a YouTube account for your club, you can help showcase the work of participants, benefactors, and volunteers. Filming, editing, and posting videos takes time and energy but there’s a lot of low-hanging fruit -- simple videos that booster clubs can make. What’s great about YouTube is what’s great about online video in general. Ditto for what’s not so great. PROs Easy to digest. Videos grab attention in a way that an 800 word blog post with … [Read more...]
Innovation in Fundraising: Overhead, Risk, and Pancakes
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...]
Passive Fundraising With Scrip: Little effort, big donations
There are two primary kinds of fundraising that organizations use to increase donations: active fundraising, which requires large amounts of time and resources (like a car wash), and passive fundraising, which goes on in the background and requires little effort on your club’s part. Traditional scrip fundraising falls somewhere between active and passive. Clubs are required to purchase gift certificates or cards from participating merchants at a discounted rate, then sell them at full value to … [Read more...]
Booster News: Giving Tuesday (Dec. 3rd) Could Raise Funds for Your Booster Club
Harness the holidays for your booster club this year by publicizing “Giving Tuesday.” Unlike shopping focused Black Friday or Cyber Monday, Giving Tuesday is all about charity in the local community. It’s a great opportunity to raise awareness about your booster club’s needs, and make a year’s-end ask of your supporters. How can your club associate itself with Giving Tuesday (December 3rd) and raise funds effectively? There’s still time to issue a press-release (or simply make a phone call) … [Read more...]
Booster News: Tax Alert!
While some booster club board members are focusing on recruitment, funding requests, and fundraisers, treasurers should take a minute right now to think about tax filings. Nonprofits are required to file a tax return, even if they don’t owe any taxes. Small organizations with under $50,000 in gross receipts have to file, too. However, they can use a 990-N “postcard,” which is more simple than regular nonprofit filing. Either way, it’s time to start gathering receipts and training new volunteers … [Read more...]