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Money, Money, Money
A few questions
1. How much money does your team usually spend on a robot?? this includes tools you break or need new ones of, replacement parts, metal, practice robots, field, bolts, rivets, etc. etc. NOT including shipping, competition entry fees, flying to comps 2. How much money does your team get from sponsors?? 3. How much money do your team members donate to your team?? 4. How many different services do you get from sponsors?? EDIT: Just FYI I am asking this question out of curiosity and to know if we are a relative highh cost team EDIT2:If this is out of what you're comfortable to talk about, sorry. Keep in mind you don't have to reply just because you read this |
Re: Money, Money, Money
I don't wanna seem like a killjoy...but I don't believe this is an appropriated thread for CD.
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Re: Money, Money, Money
Why is that?
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Re: Money, Money, Money
If you take a look and do some searching you can find a few older threads where some teams have shared the info they were comfortable with sharing.
Not sure what you want/need this for, but that may get you what you're looking for without rehashing a sensitive topic. |
Re: Money, Money, Money
well sorry for going outside the boundaries, I just wanted to know if we spent a lot relative to other teams
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Without going into specifics, I can say that the answer to all four questions for all the teams I've been on is 'highly variable'. It changes from year to year with very little predictability.
Beyond that I couldn't give any numbers, either because I don't feel comfortable doing so or I just plain don't know. Suffice to say that finances are always at the forefront of a teams worries even when the team seems 'established' and well off. -Andy A. |
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I don't think this is an inappropriate question. But I don't think you're going to get many valid answers. Most team members have only a vague idea of how much comes in, from where, and how much goes out, for what. Heck, most team members would be hard-pressed to name all their sponsors, unless it's a team with just one or two.
Those who do have the real numbers may likely decide that information is private. What would be the reaction if you found out that ZYX Corp gave another team $2000 when they told you the best they could do was $500? What does it matter that Team Gotbux says they spent $3499 on their fancy-box, and Team Needbux used all kit parts except for $69.47 spent at their local hardware store? |
Re: Money, Money, Money
The answer you'll get from me is, I don't know, and I don't really want to know. The NEMs are there for a reason.
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One thing to keep in mind with questions like these and with our responses is that money is very important to the success of the team. Each penny counts for those with less. For those with more, maybe not so much but each has a boundary, a budget.
There are some teams that can and will feel comfortable sharing their information. There are many who won't. We have teams that span the history of FIRST, teams in their middle years, teams that are rookies - all with different resources and budgets. One way to address this would be to give percentages of the budget in the areas that can be discussed. Let's not be quite so hasty to judge - indeed, there are some past threads that have discussed this or different aspects of this. Jane Edit: I'm searching for some threads. I'll add them as I find them and if I think they can provide helpful info. They won't necessarily be specific to this thread but will discuss money/budgets - and they have some good info. http://www.chiefdelphi.com/forums/sh...ad.php?t=58602 http://www.chiefdelphi.com/forums/sh...ad.php?t=49186 http://www.chiefdelphi.com/forums/sh...ad.php?t=50096 These are 3 that touch on areas you are asking about. If you do searches for : sponsor donations or sponsor support, things like that - it will lead you to threads. Also, in the threads you will see references to white papers as resources. In the FIRST website, there is a section on corporate sponsors and their impact/how they can get involved. http://www.usfirst.org/community/res...er.aspx?id=646 One of your questions has asked about different services our teams are provided from our sponsors. I thought this information was great for showing some clear examples of how the building of partnerships between the teams and their sponsors can develop. |
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1) Depends, but usually about half of the allowed 3 grand or $1500 on the robot accounted for in the BOM go into the robot as parts. As far as tools, we use the machine shop at the HS we build at (which we have gotten a lot of (used, and some new) machines* donated to by sponsors, or contacts through industry through our 10 years, most donations at very minimal, or zero cost to us or our school) *Millers, Lathes, Bandsaws, Plasma cutter, CAD Stations.. etc.) 2) Up to and including 5 grand from any given sponsor. We are very proud of the fact that we are a multi-sponsor team, and also fundraise (both students & adult members at times) to pay for our operating costs. Being a 501(c)3 non-profit organization attracts bigger sponsors, and gives them a tax break for sponsorship. Look up 501(c)3 here on CD for more info about that. 3) All team members fundraise throughout the year, and are given personal goals to be determined by the costs of things throughout the season to cover their travel and competition costs. Whatever any member has not been able to fundraise or raise in other ways they are responsible for if they want to travel with us. 4) We have sponsors give us money of course, and then also donations for Pasta & Pancake fundraisers we have throughout the year. We also have some sponsors help us by fabricating custom parts. (Cutting out metal parts on CNC, etc..) As well as the machinery donations from both sponsors, and community contacts. I'm actually quite surprised you haven't asked what a team's yearly budget was. I'm not sure what it is nowadays, but I know when I first joined the team it was somewhere in the range of above 25 grand (which isn't too hard to imagine if your team competes in 2 regionals (6 grand + 5 grand), The Championship Event (6 grand), and build a robot as well (3 grand limit) plus all the travel expenses associated with at least 25 students participating my first year. I know teams who get by on a lot less, and I know teams who have probably 100 grand per year to play around with. I would say this year, we are midrange of those numbers. (No single member gets paid on our team for their time involved since it's completely volunteer based, so we can't even add that cost in which would make it go up even more in some cases.) Probably somewhere in the 30k-40k range. Teams can exist at any level of funding, & it's what you do with that funding that makes the difference. Great topic of discussion! |
Re: Money, Money, Money
1. We spend somewhere around $2000 on the robot.
2. We get a lot of our money from sponsors. Thank you sponsors! 3. Arizona has a neat tax credit program that lets anyone donate a few hundred dollars to a school each year, and it is credited to their state tax bill, so it really doesn't cost the person anything. This is how we get much of our money. Thank you Arizona taxpayers! 4. We mostly don't receive services from sponsors. |
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Considering the FIRST yearbooks of old used to publish what the income of each team was, this seems like a pretty realistic question. As for our answer, I do not have specifics, so I don't want to give you false information, I will try to find out. |
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As for my team(s), I'm not quite sure about 1712, but we try to produce very low-cost robots. 116 has a larger budget, but I will allow current members to share it if they wish. |
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Question 1: About $1500 for last year and this year. Question 2: Being new last year, we were bear bones. We had support from one major business sponsor (Thanks GE) and NASA. If it wasn't for the school district, the high school and some parents, we never would have made it to nationals. They bailed us out when we needed financial support. This year we took a different approach. We developed a budget and included all the things we wanted to do. This included 2 regionals and nationals. It's easy to find out that these costs are $15,000 without travel expenses. After including travel, tooling, clothing, food and misc. costs, we came up with the challenge of wanting to raise $25,000. We now have three major (platinum)sponsors that help out the most ($5,000+) and 4 Gold sponsors that help out between $1,000 and $5,000. We also have about 4 silver sponsors that have donated below $1,000. Question 3: They help subsidize costs for team clothing. And for the first time, we will charge $50 per person for anyone attending a regional outside of our area. Question 4: It varies. Most like to donate money and they ask for updates. Others have donated material, facility use, discounts, and most importantly ENGINEERING MENTORS. |
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