Are Online Fundraisers a Good Idea for Our Booster Club?
Fundraising is a critical part of booster clubs, and it can be a challenge for many organizations. It can be hard to get parents and students involved, and not every fundraiser may be as successful as you want it to be.
An easy way to change up your normal fundraiser routine is to switch to an online format. Generally, online fundraisers are less work for volunteers and are a quick way to raise funds.
How Do Online Fundraisers Work?
Online fundraising is a way to raise money using internet platforms that facilitate donations. In the simplest terms, supporters are able to donate directly to the booster club online. The most common form of online fundraising is an online donation page.
The page is permanent, and is there 24/7, so supporters can donate whenever they’d like. Many platforms offer a simple process for supporters to make their donations, and they can complete them in just a couple of steps.
Some booster clubs simply create the page to exist as an easy donation point, while others organize fundraising campaigns to drive traffic to the site.
Benefits of Online Fundraisers
Online booster club fundraising is becoming more popular because of its convenience and the expectations of supporters. Supporters may not have time to attend an in-person fundraiser, but they are still able to support through online fundraising.
One of the primary benefits of online fundraising is unlimited reach. In-person fundraisers can only reach a certain number of people, but online fundraising opens up donations from people worldwide.
Online fundraising is also a great way to make a connection with your supporters, as you have the opportunity to tell them about your booster club on the donation site.
With online fundraising, you always have the option of putting up a permanent donation page for your supporters to access at their convenience. However, there are other ways to drive more traffic and get people involved.
Pledge drives are an effective way of getting supporter engagement, particularly if you are a new booster club. Supporters can promise a donation in just a few clicks that will be paid down the line. Just make sure to have an organized way to follow up.
Another popular online fundraising option is peer-to-peer fundraising. In this format, you have a primary campaign page, but supporters also create their own mini-campaigns to help raise funds. When supporters have some skin in the game, they tend to come through with results.
An online giving platform can be a perfect companion to virtual fundraisers. Try a virtual cooking class, wine tasting, trivia, or a guest speaker. You can either sell tickets to the event or simply direct attendees to your online fundraiser.
Leveraging online platforms is quickly becoming a core part of booster club fundraisers. If you are considering pivoting to the online platform, just beware of some of the fees charged by online programs. Some fees can be as high as 20% to 40%. BoosterHub is currently working on a fundraising feature which will be released soon!
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Does My Booster Club Need to Collect Sales Tax?
When managing a booster club, one of your top goals is generating as much revenue as possible for the athletic team or fine arts group you are supporting. One way you can maximize your revenue is by taking advantage of any price breaks and tax exemptions offered in your state. This brings us to the topic at hand: booster clubs and sales tax. Sales tax is a fee imposed by state governments on transactions involving services or goods. Because these fees are primarily imposed at the state and not the federal level, tax percentages vary from state to state. So does your booster club have to collect sales tax? Let’s explore.
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BoosterHub – The #1 Booster Club Software
In an October 2022 press release, Yahoo! Finance recognized BoosterHub as the #1 booster club software in this emerging industry. Since it launched, BoosterHub has experienced championship-level growth. In just nine months, BoosterHub surpassed the $1 million gross merchandise volume threshold.
BoosterHub’s overnight success speaks to the fact that the dynamic platform fills a long-standing void in the school booster club space. As of the press release, BoosterHub has more than 5,000 members and facilitated over 45,000 transactions. Our platform has an incredibly low single-digit churn rate, which is undoubtedly due to the fact that our customers are extremely satisfied with the product.
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Does My Concession Stand Need a Food Service License?
A concession stand is one of the most effective ways for your booster club to raise money for sports teams. However, if you have never run a concession stand before, you undoubtedly have tons of questions about it. Running a successful concession stand is not quite as simple as it may appear. In order to do so, you need to familiarize yourself with food service requirements, explore state tax laws, and much more.
The good news is that there are great resources to jumpstart your efforts. In addition to creating this beginner’s guide, the team at BoosterHub frequently tackles important concession-related topics. In this post, we take a deep dive into food service licensing requirements for concession stands. Whether you are already running a successful concession stand or have recently taken over these responsibilities for your booster club, this playbook will help you comply with state and local guidelines.