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04-23-2013, 11:33 PM #1
How to Raise Fund for events (or for National Tournaments)
Does anyone have any experience raising money for any cause, particularly for badminton? This fund is envisioned to be used to offset our junior players travel costs from one region to compete in another region.
I'd like to hear your experience, good or bad, DO's and DON'T, key things to think about, how much you can raise, etc.
04-24-2013, 03:38 PM #2
do we have a ballpark figure on the amount you are looking for?
travelling is expensive. going across the country for a weekend tournament could cost upwards of $800+ with airfare and hotel. how many people is in the group and how many times a year?
04-25-2013, 12:14 AM #3
Number of people traveling depends on where the tournament may be. Given the demographic distribution with about 50+% of competing juniors in Bay Area, it could incur a lot more if the tournament is in the east coast. For Junior National, for example, if we host it here in Bay Area as it will be in 2013, I estimate about 200+ players from Bay Area alone, and another 100 from outside.
I talked with a colleague who did some fund raising for her kid's middle school. She told me it was possible to raise $10K. But then that's for a school. The students are expected to live close by. For tournaments, since people could come from a much scattered places, negotiation power (in terms of what this crowd can offer to our sponsors) may diminish.
04-28-2013, 01:28 PM #4
Interest to know how our Canadian Neighbors Do it
Any Canadian juniors/pros and/or tournament organizer here that can share their success stories?
04-30-2013, 02:21 AM #5
When you write 'our junior players', who are you referring to exactly?
Look at it from a sponsors point of view. 'Our junior players' can mean anybody. So what do you have to offer a sponsor.
Having fundraising events are different so perhaps your club can organise a fund raising event.
Given that funds are limited, some sort of priority scheme might need to be considered.
04-30-2013, 09:50 AM #6
Good point, Cheung. Even in my mind, "our junior players" could refer to all juniors in U.S. during national events, or juniors in our locale (high % of national number), selected representative players for international events.
04-30-2013, 07:44 PM #7
So you are not representing any organisation?
04-30-2013, 08:08 PM #8
if i were the sponsor, i would ask you some specific questions.
who are you representing? "could refer to" is very vague and open to many interpretation. it almost sound like the sponsor is sponsoring the US junior national team. but in reality, it doesn't sound like that is the case. the definition of the entity being sponsored is important.
if someone were to give out thousands of dollar to sponsor something, they want to know exactly where the money goes to and what type of exposure that will give. a vague definition is not some that you want to start with.
and with that, if there is indeed an organization, there is obligation for the player who belong to the organization obey the rule of the sponsorship, be it the use of equipment (if equipment sponsor), or the display of the sponsor's logo on the player's jersey during tournament, etc.
04-30-2013, 09:13 PM #9
In the third post, it's mentioned a school raised $xxxxx. That's an organisation
I agree with Kwun about clear definitions. You have to be clear in yourself in order to convince other people. Even when I asked about who exactly these juniors were, the answer is came back with the word 'could', not 'are'. Subtle difference.
What is the criteria for one of these juniors to receive assistance?
Last edited by Cheung; 04-30-2013 at 09:15 PM.
05-01-2013, 12:33 AM #10
If you can write a clear proposal and have clear objectives/targets on the use of the funds, it will go a long way. Otherwise, you will have to rely on your own personal contacts and the trust in your relationship with them.
05-01-2013, 01:05 AM #11
I haven't worked out the details of any proposal, though I've a few ideas in mind. That's why I asked for other people's experience, DO's and DON'Ts. Rest be assure that when THE proposal is written, the language used would be a lot more concrete than here as I'm gathering ideas.
The fund raised for a school I referred to earlier was done by parents... I think they could raise some of the big money was because students/parents from a school tend to stay in the neighborhood of the school. If you go find business in that neighborhood, there's a strong correlation. Case in point - I was told just 1 dentist could donate $1K!! The case for players may be somewhat different - they scatter.
05-01-2013, 01:09 AM #12
05-01-2013, 05:42 AM #13