Most foundations must raise money to stay afloat.
To continue to fight for their specific causes, foundations will regularly come up with ideas to raise money. Not only does money help foundations realize their charitable missions and goals, in most cases it also pays for salaries, utility bills and other expenses. A good fundraising idea will create an influx of money that could benefit the foundation for years to come.
Celebrity Golf Tournament
Golf is one of the most popular spectator sports. You can capitalize on this fact by giving spectators a chance to see celebrities take to a local golf course and compete in a celebrity golf tournament. A celebrity golf tournament raises money through ticket sales, entry fees, sponsorship fees and advertisement sales for an events booklet. Start planning for the celebrity golf tournament early, so you can select an adequate golf course that can accommodate large crowds, line up business sponsors and finalize celebrity appearances. The celebrities who play in the golf tournament do not have to be top-grossing Hollywood stars or musicians. You can have local celebrities compete, such as television news reporters, businessmen and professional athletes.
Dance Tournament
For a dance tournament, contestants will show their best moves while competing as couples and individuals. Your foundation can raise money through contestant entry fees and from ticket sales to the general public. Include different dance styles, such as ballroom, salsa, swing and other forms, to draw a larger and more diverse crowd. The tournament can be open to young children, teenagers, adults and senior citizens. Your foundation can award prizes to contestants in the different age groups, and for each dance style. Ask any sponsors that you secure for the event to donate prizes.
Classic Car Show
A classic car show can raise awareness for the foundation's cause, while giving people an opportunity to view vehicles of a bygone era or the popular cars of today. The car show can follow a central theme, such as featuring 1960s muscle cars, British cars or Japanese sports cars, or can feature different brands and model years. The money from a car show is raised through entry fees and ticket sales. You can secure sponsors for the car show, such as local car dealerships, auto repair shops and auto parts stores, to offer prizes for a judging competition. Prizes can go to those who have entered their vehicles in the car show for best original classic car, best of show, best restoration job and other categories. The sponsors can also hold raffles that members of the public can enter. To save money, hold the car show in a church or school parking lot that your foundation has had prior premission to use.
