Money is important to any fraternity or organization, but acquiring a considerable sum is always a challenge.
Fraternities not only hold fundraisers to obtain money for their organization but they also contribute money and time to charitable institutions.
However, a good cause can only go so far unless the fraternity knows how to efficiently organize and carry out a fundraising event.
Here are a couple of tips for fraternities on how to run a successful fundraiser.
Member Participation.
The fraternity's president should not be the only one participating in the event.
Members' participation is important in the success of the fundraiser.
It's also essential that all members know the purpose of the event and know what they need to do to achieve their goal.
Fundraising Ideas.
Fraternities need to come up with activities that utilize the group's strong points.
If they have a many members, then they can set up several activities at once.
Those attending the fundraiser can choose which activity to participate in and there will be a variety of affairs from which money will come from.
A date auction is a great activity especially if the fraternity has a reputation among the sororities for being good-looking gentlemen.
Fraternities can also hold video game tournaments or small concerts where sororities, other fraternities and non-Greek campus organizations can participate in.
Participants will be required to pay an entrance fee, and food and non-alcoholic beverage are available for purchase at the venue.
Fundraising Publicity.
It's important for any fundraising event to have good publicity to ensure that it is well attended.
A press release in the university newsletter, flyers, posters and bulletin boards will always increase the chances of the fundraiser's success.
Fraternities can also use their websites to promote their fundraisers.
Location.
Fundraisers in universities are aimed at getting contributions from friends, classmates and other organizations' members.
However, if the fraternity is planning to set up booths and tables for their fundraising activity along with other organizations, then it's always important to know which spot gets the most foot traffic.
Community Participation.
Attendance is very important for fundraising events.
There are certain universities that allow non-students and non-faculty members to participate in specific events on campus.
It might be ideal for fraternities to plan their fundraisers during events that allow people off campus to join.
The more people come to the fundraising event, the better the chances of reaching their goals.