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5 Tips for Securing Appealing Nonprofit Auction Items

Greater Giving

However, effective procurement requires a strategic approach so you can use your nonprofit’s resources wisely and maximize the amount of event funding you can put toward your mission. Let’s dive in! But if you want to engage volunteers with young children, consider offering family-friendly prizes (amusement park tickets, popular toys, etc.)

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How to Kickoff Your Federal Grant Project

RBW Strategy

This is a privilege, but also requires diligence, planning, and solid recordkeeping to ensure that you follow the federal requirements as indicated in The Office of Management and Budget (OMB)’s Uniform Grant Guidance, or 2 CFR 200, plus any other federal, state or local agency requirements. This serves as your steering committee.

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Untangling the New Uniform Grant Guidance

RBW Strategy

We’ll start by discussing the “why” of these changes, why the Office of Management and Budget (OMB) decided to make them now, and how they align with larger changes happening in the federal government. While the updates won’t go into effect until October 1st, it is important to know about these changes and how they impact your organization.

UEI 130
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What is a 50/50 Raffle and How Does it Work?

CauseVox

The difference is with a 50/50 raffle, you can skip the prize procurement process. For grassroots organizations with a shoestring budget or a one-person fundraising team, a 50/50 fundraising raffle may be particularly appealing due to the low-barrier to entry and the amount of time it takes to spin up. What Is A 50/50 Raffle?

IT 98
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Auction Math: Simplifying Your Event Planning

Greater Giving

Once you understand what’s required for a successful auction—one that meets or exceeds its revenue goal—you can confidently set your procurement goals and define your event budget. Know your audience and tailor your auction items procurement to fit their interests and budget. Every calculation stems from this key number.

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How to Run a Silent Auction: 11 Essential Planning Steps

Qgiv

To run a silent auction, you’ll need to plan many logistics, such as how guests will bid on items, what items you’re procuring, and how you’ll process donations. Determining the auction budget. To set an accurate budget for this event, assess past event budgets for similar experiences. Procure auction items.

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6 Sustainable Ways to Bring More Money into Your Auctions

Pamela Grow

But there are some lesser-known benefits that can help your nonprofit skyrocket into success: In-kind donations: Ask sponsors for in-kind donations in your procurement letter , such as catering, venue space, or promotional materials, reducing your event costs and increasing the overall funds raised.