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Unread 30-03-2011, 17:59
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Money Money Money..

Hello All,

What's up guy's, my team is frantically trying to attend the Philidelphia Regional next week. After our fun run in Washington DC, we are in a FIRST frenzy. We were granted permission from FIRST to register for the regional, although registration is closed. Okay so now to the point of this, We have basically no money left in our Team Account, and our Registration fee is due tomorrow by the end of the day. I'm not asking for support from another team, I'm just asking if there's any way possible to come up with that much money that fast? We currently have students "Tagging" (Collecting Money out side of local businesses). We have also pretty much went to every single local business asking for their support, and are school district cannot afford to fund our team. We want another shot at going to St.Louis, are students are trying veryhard to make it there; does anyone find this problem "Do-Able"?
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Unread 30-03-2011, 18:07
James Tonthat James Tonthat is offline
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Re: Money Money Money..

What we have done in the past is float it on one of the mentor's credit cards. While this isn't the best solution but for our team it works out since we bring in more money during the season and get it payed off.

Something to consider, if you don't have money to pay for a second regional, how are you getting the money to pay for St. Louis? I might opt to go to a couple offseason events instead.
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Unread 30-03-2011, 18:12
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Re: Money Money Money..

Thanks for the Advice,
We are more than likly going to attend an Offseason event; becasue the mear fact that we need the money by tomorrow. Our team has alot of dedication for trying to get this done, as for the St.Louis question that would be a whole nother ball game.
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Unread 30-03-2011, 18:27
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Re: Money Money Money..

Why did you ask to attend an event you cannot pay for?
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Unread 30-03-2011, 18:30
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Re: Money Money Money..

Quote:
Originally Posted by Madison View Post
Why did you ask to attend an event you cannot pay for?
Especially so far into the season?
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Unread 30-03-2011, 18:36
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Re: Money Money Money..

If you have 30 kids, its about 135 bucks each. If each kid can convince a business, or relatives business to donate 200 dollars, you will be fine.

With a day to go, you probably shouldn't be wasting your time here on CD though...

You now need to collect 2 cents less.
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Unread 30-03-2011, 18:50
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Re: Money Money Money..

I'm kind of surprised FIRST agreed to this, but I suppose if there are spots at the event its really no harm to letting you try.

Do you have any sponsors that will float you the fee? As I recall a 'letter of commitment' from a sponsor is considered a valid form of payment.

Matt
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Unread 30-03-2011, 19:01
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Re: Money Money Money..

We asked FIRST for permission in case we were able to come up with the fee's involved with going. It's better late than never, and the reason I brought this up on CD is to help get some answer's from some teams who could have possibly been in this situation before, I really do appreciate this advice from everyone I will pass it along to my team.

-1708
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Unread 30-03-2011, 19:01
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Re: Money Money Money..

FIRST allowed us to attend VCU this past Monday. We just won EI in DC, so the money we had for St. Louis in our account would have been returned ... so we opted for a 2nd regional instead.

Permission from the school, organizing travel, and rearranging my work schedule are all much more difficult to deal with than FIRST is in that regard. Whew!
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Unread 30-03-2011, 19:02
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Re: Money Money Money..

Quote:
Originally Posted by Matt Krass View Post
I'm kind of surprised FIRST agreed to this, but I suppose if there are spots at the event its really no harm to letting you try.

Do you have any sponsors that will float you the fee? As I recall a 'letter of commitment' from a sponsor is considered a valid form of payment.

Matt
Thanks for the Reply Matt,

Could you elaborate "Letter of Commitment" please, I'm not sure I understand what exactly that would mean.

Thanks a ton,
1708
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Unread 30-03-2011, 19:07
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Re: Money Money Money..

Quote:
Originally Posted by JesseK View Post
FIRST allowed us to attend VCU this past Monday. We just won EI in DC, so the money we had for St. Louis in our account would have been returned ... so we opted for a 2nd regional instead.

Permission from the school, organizing travel, and rearranging my work schedule are all much more difficult to deal with than FIRST is in that regard. Whew!
Congrats on Winning EI,
We were in DC also this year, we made it to the Finals and ended up getting diagnosed with CRio Failure, we have a backup; we are ready fro another regional event were just working on getting the entry fee arranged. Our team account is pretty low, around $1,000. The traveling cost's can be covered by each kid, and end's up being around 300$ per person, which isn't bad at all.

Thanks,
1708
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Last edited by 1708xMr.Roboto : 30-03-2011 at 19:10.
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Unread 30-03-2011, 19:14
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Re: Money Money Money..

I'm surprised you got in to Philadelphia. We were trying to get into the regional a few weeks ago, but all of the spots were taken.
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Unread 30-03-2011, 19:16
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Re: Money Money Money..

My team in 2007 raised 5000$ in a few days mostly from parents donating (and our teacher who donated 1000$) to go to Atlanta after winning a regional for the first time ever. We managed to get a company to sponsor us 5000$ for travel about a week before the event.
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Unread 30-03-2011, 19:18
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Re: Money Money Money..

Quote:
Originally Posted by Chris is me View Post
I'm surprised you got in to Philadelphia. We were trying to get into the regional a few weeks ago, but all of the spots were taken.
yeah, there's like three spot's open as of right now. Hopefully if my team can figure out this money situation, there will only be two after tomorrow.
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Unread 30-03-2011, 19:19
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Re: Money Money Money..

Quote:
Originally Posted by cire View Post
My team in 2007 raised 5000$ in a few days mostly from parents donating (and our teacher who donated 1000$) to go to Atlanta after winning a regional for the first time ever. We managed to get a company to sponsor us 5000$ for travel about a week before the event.
That's exactly the new's I was looking for, my team has done the same in the past. In 2005 after winning the Pittsburgh Regional, they raised the money to travel to Atl. there is hope.

Thanks,
1708
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