There are primarily six ways that foundations and non-profit organizations can raise money through their live event, according to Keith McLane, owner and lead auctioneer at KLM Auctions.
Before an event, Ticket Sales and Sponsorships are the primary ways groups first fundraise, especially by selling tickets for schools and educational groups, and by garnering sponsorships for other non-educational groups.
At the event itself, many groups choose to incorporate live auctions, silent auctions, and a fund-a-need (sometimes called the “appeal” or the “flat out ask for cash”).
“And then of course, the sixth thing is game and raffle ideas - what we call revenue enhancers,” says McLane.
By incorporating some combination of ticket sales, sponsorships, live and silent auctions, fund-a-needs, and revenue enhancers into their event, organizations can build a live event program that is both profitable for the group and fun and engaging for the audience.
McLane makes his comments in the “Friends with Benefit Auctions” video-podcast. Watch the full first episode of “Friends With Benefit Auctions” with guests Taylor Beveridge, Kristi Maryman, and Rachel Schmidt on YouTube: https://www.youtube.com/@KLMAuctions
Spotify: https://open.spotify.com/episode/0riOVM38ByDgHkgbNhTrGE?si=394cd9c8ebc84bbd
Apple Podcasts: https://podcasts.apple.com/us/podcast/mission-mood-momentum-and-making-money-how-to-host/id1790346707?i=1000683873176
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Hosted by KLM Auctions Founder and Lead Auctioneer Keith McLane, “Friends With Benefit Auctions” is a new video-podcast featuring conversations with experts in the nonprofit development, educational, fundraising, and live event spaces from around the country, talking all things auction, benefit fundraising and live charity events. This dynamic series explores insider tips, tricks, and juicy details regarding the exciting benefit auction and professional fundraising space, and what it takes to make an event really pop.
KLM Auctions is the nation’s premier provider of event-based fundraising advisory services and professional charity/benefit auctioneers. Get in touch with us about your next electric fundraising event here: https://www.klmauctions.com/contact-us
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KLM Auctions is the nation’s premier provider of event-based fundraising advisory services and professional charity/benefit auctioneers. In the new video podcast “Friends with Benefit Auctions”, Keith McLane sits down with experts in the nonprofit development, educational, fundraising, and live event spaces to explore insider tips, tricks, and all the juicy details regarding the exciting benefit auction and professional fundraising space, uncovering what it takes to make an event really pop.
Get in touch with us about your next electric fundraising event here: https://www.klmauctions.com/contact-us
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