[MR] raffles versus silent auctions
Tom Rettie & Heather Bryden
tom at his.com
Fri Sep 2 20:07:23 PDT 2005
On Sep 2, 2005, at 10:29 PM, Becky McEllistrem wrote:
> I've heard mixed reports one saying silent auctions
> made more money and another saying raffles made more
> money. I think a huge part of it is how well
> organized it is and how well planned it is in advance.
My experience in fundraising for The Oak was that both are effective at
raising money. In general, raffles require more time to promote and
sell, and need to have one or more big-ticket items to focus on.
Auctions are better for spontaneous fundraising, and voice auctions
tend to bring in more than silent auctions (and are more fun).
A couple of things to remember:
Raffles fall under the gaming laws of many states and localities and
can require gaming licenses (and are sometimes not allowed at all).
Check your local and state regulations first.
Money spent on raffle tickets and auction bids are not tax deductible.
Regards,
Fin
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Tom Rettie tom at his.com
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