3 School Fundraising Ideas to Save Money and Boost Your ROI

Guest post from OneCause

Your school needs a reliable flow of revenue to enrich your students’ academic and extracurricular experiences at your institution. By tapping into fundraising, you can expand your bottom line, empowering your school to invest in new facilities, enhance educational programs, fund field trips, and meet other existing needs. 

But, like most schools and school-related organizations, you’re likely working with a tight budget and don’t have a lot to spend on lavish fundraising events. This might leave you wondering: what fundraising ideas are the most effective for both saving money and increasing profit? 

In this guide, we’ll cover the top three school fundraising ideas to cut costs and maximize earnings. As you read through this list, consider your school’s community and which type of fundraiser would make them the most excited to give. 

1. Auctions

Auctions are one of the most flexible fundraising ideas and can be shaped to fit your school’s exact needs and budget. When executed with careful planning, these events have the power to produce a massive ROI. If you’re thinking of adding an auction to your school’s fundraising agenda, follow these important planning steps: 

Choose the type of auction you’ll host

When you think of an auction, your mind might immediately jump to an image of an auctioneer announcing bids and participants raising paddles. This is a live auction, which can take place either online or in-person, and creates a dynamic and high-energy environment that is sure to enthrall your audience. 

Your school can also choose to host a silent auction, which involves setting up tables of items and packages for guests to bid on using paper bids or their smartphones with the help of mobile bidding software. If an in-person event isn’t feasible, your auction can be done completely online to reduce overhead costs, or you might even host a hybrid auction (taking bids online during an in-person event) for the opportunity to engage two audiences at the same time, bringing in more bids! 

Invest in comprehensive technology

Auctions have plenty of moving parts, and without the right tools, it can quickly become overwhelming for any fundraising team to handle. The OneCause guide to silent auction software recommends investing in a solution with these key features:

• Event management: Leverage your platform to seamlessly sell tickets, manage registrations and RSVPs, provide contactless check-in and check-out, and create a well-designed event site in just a few moments. 

• Mobile bidding: Whether you’re hosting a live or silent auction, mobile bidding makes getting in on the bidding action simpler and more rewarding. 

• Item and package management: The right auction software will equip you to easily track the status of your item procurement efforts and customize starting bids and minimum raises. 

• Gamification: Infuse healthy competition into the bidding process by adding a fundraising thermometer to your event microsite and displaying scoreboards with the top bidders.

The best fundraising software won’t just make it easy to host live or silent auctions; it’ll empower your school to host all kinds of events—from peer-to-peer walk-a-thons and galas to text fundraisers. As you research options, prioritize investing in an all-in-one solution so you can maximize your ROI. 

Market your auction 

Your school’s community can’t attend your event if they don’t know it’s happening! Take a multichannel marketing approach to increase touchpoints with as many supporters as possible and keep your auction top of mind. 

For example, you might use the following channels to promote your auction event site and boost registrations: 

• Social media 

• Your website’s blog

• Your school’s ambassadors

• Email newsletters

Keep in mind that your school’s students can also support your marketing efforts! Send them home with well-designed flyers that explain the purpose of your auction and how the funds will be used to enhance your students’ academic experiences. This way, you can easily broadcast your event to your students’ parents or guardians. 

2. Peer-to-peer walkathon

If you’re looking for a school fundraising idea that will get your students involved in the action and will appeal to all age groups, look no further than a peer-to-peer walkathon! Walkathons are easily adaptable events that can fit all budget types, and by adding a peer-to-peer element, you can accelerate giving while encouraging students to play a rewarding role in your fundraiser. 

To make your peer-to-peer walkathon a success and keep costs down, use these tips: 

Organize a walking route on your school’s campus

One of the best parts of planning a walkathon is it can take place anywhere! Some ideal locations where you can host a walkathon right on your school’s campus include:

• The track

• Sports fields

• Indoor gymnasium

• Around the perimeter of your school

Hosting your walkathon at school takes away the hassle of having to reserve an area of your local park or other venue and any additional costs associated with this. Keep in mind that you can also take your walkathon online and encourage students to meet their walking goals on their own or with friends or family. 

Train students on peer-to-peer fundraising best practices

To raise as much money as possible from your peer-to-peer walkathon, you’ll want all hands on deck. Prepare your students to step into their fundraising roles with confidence by: 

• Explaining how to create a personal fundraising page with the help of your peer-to-peer fundraising software.

• Encouraging students to set a personal or class-wide fundraising goal that is ambitious yet reasonable.

• Covering best practices to meet these goals, such as asking neighbors, friends, and family members to make a pledge or donate.

This is not just a great opportunity to raise more money for your school; it also teaches your students invaluable leadership skills that will benefit them down the line! 

Generate a creative theme

To incentivize all of your students to take part in your walkathon, you need a compelling theme that will set the tone for your event and create excitement. 

For example, if you’re hosting a year-end walkathon, you might challenge your participants to dress up like their favorite holiday movie character. Or, add your walkathon to a pajama day fundraiser where students donate a small amount to wear PJ’s all day long!

Then, use cost-effective strategies to integrate your theme seamlessly into your event. For instance, you might have students or staff create decorations using art supplies you already have. 

3. Text-to-give

Your school’s community members lead busy lives, and chances are, they might not always have a few minutes to sit down at the nearest computer and donate to your institution. Simplify the fundraising process by making mobile giving a possibility! 

According to 360MatchPro’s fundraising statistics, mobile users made up 33% of online donation transactions last year. By incorporating text-to-give into your school’s fundraising strategy, you can make donating more convenient and rewarding, resulting in greater earnings.

Use these best practices to get started with text-to-give:

• Work with the right text-to-give software so you can easily send communications and donation appeals to your school’s community year-round in advance of fundraising deadlines. Your supporters should be able to click on a mobile-friendly version of your donation page and give a gift in just moments. 

• Create a clear call to action to give in your texts and include the reason you’re asking for gifts and how they’ll make an impact. For example, you might write “Donate by midnight tonight to help fund the purchase of new computers! With your support, our students will gain access to cutting-edge technology in the classroom, helping them to advance academically.” 

• Couple text-to-give with your fundraising events to maximize funding. For instance, if you’re hosting a silent auction, you might ask parents and community members to donate ahead of the event so you can make early headway on your fundraising goal. Plus, text-to-give is a great alternative for donors who can’t attend your auction or aren’t interested in bidding. 

Regularly check in on metrics, like conversion rate, so you can assess the effectiveness of your text-to-give appeals and make changes as needed to your strategy. You can also survey your supporters directly to learn more about their communication preferences and what they want to hear from your school. 

Wrapping Up

There are many fundraising ideas available to your school, but not all of them are the most efficient use of your funds. Use one or a combination of these cost-saving ideas to increase your fundraising potential, engage your school’s community, and enhance your institution for students and staff alike. Then, make sure to acknowledge your donors and thank them for their contributions! 

The preceding post was provided by a guest author unaffiliated with DonationMatch. The views expressed within do not directly reflect the thoughts or opinions of DonationMatch.

Planning Tools Loved by Organized Auction Chairs

Guest blog post by Sherry Truhlar of Red Apple Auctions. 

I thought about writing on this topic a few months ago and decided, “Nope. I need to save this topic until January.”

The reason being is that January is the month that many stores -- Home Depot, Walmart, Kmart, Target, Staples, The Container Store (the annual Elfa® sale) -- advertise one particular theme.

Getting organized!

This is THE month that many stores promote organization.

Volunteer Auction Chairs need to be organized. They are often working with many volunteers to plan the fundraising auction. Keeping track of the big picture -- AND the details -- is part of the job.

Here are four organizational tools I’ve seen other Auction Chairs have success using:

• Google Calendar and Google Docs: This combination is perhaps the most popular online method for staying organized and sharing information. The tools are free and enable your entire committee to keep up-to-date.
• Standard paper calendar: Whether it’s an “At a Glance” or some other brand, paper calendars are still popular among auction chairs. It allows for the entire month’s activities to be seen on one page, which many people like.
• Electronic calendars: With so many people using their phone to keep up-to-date, it’s no surprise that tech-savvy Chairs opt to use their mobile phone as their master auction calendar.
• Subject-related notecards (see photo): Last month I had a meeting with two Auction Chairs. One had brought notecards labeled with auction topics, such as Setup/Decoration, A/V, Silent Auction, Food & Beverage and so forth. As we talked through different subjects, she’d list “to do’s” on each card related to that topic. She could then follow up later on those tasks, or hand it off to the appropriate volunteer managing that activity. Clever!

Benefit auctioneer Sherry Truhlar publishes "Benefit Auction Ideas," a bi-monthly e-zine for auction chairs seeking to improve the financial results of their charity auctions. Get your own copy - and a F'REE gift! - at www.RedAppleAuctions.com.

What other tools have you successfully used to keep yourself organized in the planning process?  We'd love to know in the comments below!

In-kind Partnerships With Nonprofits, Part I

By Renee Zau, Co-founder, DonationMatch A question posed in a LinkedIn group made me reflect on how many (typically small) businesses don't know how to use cause marketing, specifically in-kind (non-cash) marketing, to their advantage.  If you have a great product or service, one experience is all you need to convert newbies into customers, even raving fans.  How do you get yourself in front of more potential customers without "paying" for it?

1. Donate a package or certificate toward an auction, a raffle, or goodie bags.  Most event attendees love these, and donors often get publicized both before and after the event.  Look at donation request letters as opportunities to get hundreds, even thousands, of eyeballs on your brand. You can do online searches for event calendars, ask your employees and customers about organizations they support, check out community boards, or use DonationMatch (my site) to save time (we make connecting with events, sending pre-filled donation forms, and gift certificate delivery paperless and quick.)  One more reason to like auctions: prize winners are the most willing and able to pay more for it than anyone else. You just found your best customer in the room!
2. Provide event amenities (photography, food/beverage, decor, spa treatments, etc). For a furniture dealer, it could be VIP seating. Chocolates are popular party favors. I've seen HP and a photographer partner to make ornaments from photos with Santa. And who wouldn't appreciate mini spa treatments or makeup touch-ups from a local beauty product store, spa, or beauty school?
3. Help spread the word.  Your communications reach is another asset companies tend to forget about.  Employees, customers, followers, subscribers... they count.  Be familiar with events you choose to promote, make them a good fit for your customers, volunteer if possible, and the added awareness can add to a charitable fundraiser's attendance and success just as much as any monetary donation.

These opportunities are all tied to nonprofit events, my favorite kind, but may be seasonal or harder to find.  Stay tuned for Part 2 of this post that gives more everyday ways to help in-kind.

Why not take one lunch break to reach out and explore possibilities with a particularly interesting local organization? And register on DonationMatch to be notified of event opportunities in your market - it's still free in many cities.  I (and your local organizations) will love hearing from you!

The Savvy Behind Outrageously Profitable Fundraising Auctions is coming to San Diego!

REGISTRATION IS OPEN! What better way to kick off our DonationMatch blog than to announce our  first local event!  In partnership with San Diego Association of Nonprofits, DonationMatch is honored to host Sherry Truhlar of Red Apple Auctions in beautiful San Diego on November 9th at 8:30 a.m.  She'll be bringing her award-winning expertise and experience on fundraising event and auction success to Neighborhood House Association's centrally located auditorium in Kearny Mesa.  Who should attend?  Volunteers of fundraising event committees, event planners, nonprofit development departments, business owners and managers who want an inside look at how your in-kind donations are promoted, and those interested in making more San Diego nonprofit industry connections.  There will also be a free opportunity drawing for all attendees.

Admission is just $10, complimentary for SANDAN members and DonationMatch registered users (including staff and active volunteers). Register today!