Fundraising ideas for Schools and Clubs

 

A racing night is a great fundraising idea to raise money for your organisation (School, Kindergarden, Footy Club or Charity)

If you are involved in regular fundraiser activities, then you have probably faced the challenge of trying to find new ideas and something different from the standard trivia nights and chocolate drives. As you are aware, it becomes increasingly difficult to organise an fundraiser that is fresh and unique, serving to entertain your guests as well as raise all-important funds.

Until now.

A fundraising Horse Racing Nights event is essentially a private party - except that there's real money involved. You may wish to have a nominal fee which covers entry to your event, and then give punters the option of buying into the betting. You may include a credit as part of your entry ticket. Either way, it's a great way to raise money for your worthy cause. Some organisations that can benefit from a racing night include:

  • schools & kindergartens
  • sporting clubs (footy club etc)
  • scouts & guides clubs
  • RSL clubs
  • hobby groups

It doesn't matter what your organisation does. If it is involved in fundraising events, then Horse Racing Nights can help you.

Why consider Horse Racing Nights for your next fundraiser?

  • The style of entertainment is unique and fresh and is certainly a change from trivia nights and auctions.
  • Potential for large profits for minimal outlay
  • The racing carnival atmosphere means that there is more emphasis on socialising as opposed to point-blank donations.
  • It does not discriminate. Fun is virtually guaranteed regardless of whether the guests are male, female, 18 or 80.
  • The fundraising can be structured in a multitude of ways. Talk to us and we are happy to provide advice and suggestions on how to make the most of your racing night.

Horse Racing Nights fundraisers are ideal for most organisations including schools, sports clubs, charities, enthusiast groups and more.

How a Horse Racing Nights fundraising event works

Please note that the following notes are simply guidelines for your fundraising event. You can of course, structure your function in any way that you want.

The following are some questions that you may wish to address.

Ways to raise money

An important starting point is determining what the overall financial objective is for the night. That is, how much money do you hope to raise. Once this is figured out, it will help in setting prices for your event. Here are some revenue raising ideas you may wish to implement for your fundraising event.

  • Host your own Spring Racing Carnival night
  • Entrance fee - a nominal charge for each guest.
  • Race sponsorship - an attending organisation or group of people may consider sponsoring one of the races in the form of either a flat fee or an auction.
  • Buy-ins - once a guest runs out of fun money, they are able to buy some more for a fee or donation.
  • Other auctions.
  • Food & drink.

Determining ticket price

The following questions need to be addressed when calculating your base ticket price.

  • What is the total of my nett profit plus expenses? (GROSS)
  • How much money do you want to make? (NETT PROFIT)
  • What are your total expenses? (EXPENSES)
  • How many tickets can you sell for the event? (TICKETS)

Example: We wish to raise $3,500 from the event. Our expenses are $1,500 and we aim to sell 200 tickets.

GROSS = NETT PROFIT + EXPENSES = $5,000

Ticket price = $5,000 / 200 tickets = $25 per ticket.

Of course, this is just an example calculation. You also have the freedom to raise funds through other activities such as buying back in once the 'punters' have used up their fun money.

The variations are endless but the overall objective is the same - raising funds for your event.

Contact us today to find out more

But don't just listen to us...

"Our event went beautifully with all our guests having a terrific time. We also raised significant funds for the school. Thank you for the terrific service, the entertainment package you provided was a major hit." - St. John's Primary School, May 2008.

 


 
               
       

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