[FRC Blog] Fundraising Updates – SlingShot and Bulbs

[scottandme]

Anybody else bothered by this entire concept?

Seems like an effective fundraiser for whoever is receiving the $300 film screening fee, the $32 in shipping charges for a DVD, and the 5% credit card processing fee. Not much disclosure on that front.

Past that issue, their example is borderline intellectually dishonest with the math. Selling 77 tickets @ $10 each only earns the team $399.50. $370.50 goes to whoever collects the profit on this venture. Seems pretty iffy to lump "additional donations" into the equation to make the numbers look better.

The bulbs were always a bit cheesy but teams can actually make a decent ROI ($9 profit on a $2 bulb) and you don't have to exceed ~$350 in sales before you see a net profit.

I'm looking forward to the FIRST Cutco knives fundraiser next year.