Magazine Fundraisers

Fundraisers make use of a lot many fundraising techniques and activities to raise the maximum amount of funds they can. Magazine fundraising is used, but usually it is used along with some other fundraising activity. This is because fundraisers, like food fundraisers allow a much larger profit margin and fund generation as compared to magazine fundraisers. When talking about the world online, we can see that magazine fundraisers are there as they constitute no risk and upfront cost. However it would be a better idea to mention them on the website being used for fundraising, along with other fundraising activities listed so that there are more chances of gaining something out of establishing the whole set up online.

The main gist or idea behind a magazine subscriptions fundraiser is that people are motivated to subscribe to a magazine. The non-profit organization is basically selling different magazine subscriptions. Now after the subscription there is a certain percentage which is decided beforehand between the fundraising committee/ non-profit-organization and the magazine company. Let’s further explore this by looking at an example.

Sales Fee Amount raised Fund amount % share
60 subscriptions 30 $ 1800 540 30
150 subscriptions 30 $ 4500 1350 30
300 subscriptions 30 $ 9000 2700 30

A magazine with a subscription fee of $30 per subscription and re-subscription will have a funds outlay like that shown above. When engaged in fundraising magazine online, there will be no cost involved. Otherwise there will only be the set up costs etc, which are almost negligible in cases when the fundraiser is sponsored by different individuals and organizations. The profit sharing percentage decided in 30%. When a fundraising team is able to sell say 60 subscriptions, they raise a total of 60*30= $1800. The amount that is contributed towards the fundraiser however is 30% of 1800, i.e. $540. The magazine company donates this amount in lieu of the promotion done by the fundraising team.

Similarly the greater the number of subscriptions sold, the more funds can be raised by the fundraising team. The interesting part about a magazine fundraiser is that people can be sold subscriptions of famous magazines in the country, like readers digest etc. This way it won’t be hard to sell those subscriptions as people would readily purchase them, and especially when the fundraising cause is elaborated and explained to them most of them won’t hesitate to subscribe in order to contribute something to the fund.

When fundraising management magazines, the fundraiser should be located in an area where people from business backgrounds can easily spot it and get attracted to it. Outside offices, in management schools and colleges such a fundraiser can be a success. In the same way when engaged in magazine fundraising for schools, support can be gained from different magazines which are of interest to children. Magazine fund raisers for Christian schools are also emerging, but usually other types of fundraising techniques are applied to gain sympathy from the community so that they would contribute more. Magazine fundraising at schools can be made fun and interesting so that more children would participate. Children can be encouraged to set up the stalls and keep track of all subscriptions being made. Also through word of mouth, the word can be spread around about the fundraiser. Children can tell about it to there friends and family. In such a manner more people will participate and contribute towards the fund.

Fundraising » General Fundraising » Magazine Fundraisers