BoosterHub

Need a Quick and Easy Way to Earn Donations? Try Peer-to-Peer Fundraising

Traditional booster club fundraising strategies like hosting a banquet dinner, organizing a raffle, or producing customer merchandise are highly effective at generating revenue. The problem is that planning these events takes time, resources, and money.

If your booster club needs a quick injection of cash to cover an unexpected student need, you’ll have to turn to a non-traditional fundraising strategy. When time is of the essence, online peer-to-peer fundraisers come in clutch to save the day.

What’s Online Peer-to-Peer Fundraising?

Peer-to-peer (P2P) fundraising involves organizing a campaign for a nonprofit organization, like your booster club. Typically, peer-to-peer fundraising campaigns are launched by volunteers who support your club rather than the club itself.

The goal is to recruit multiple volunteers to support and showcase the campaign on their social media pages. This allows you to maximize your reach.

Whereas banquets and other traditional fundraisers take weeks to plan, P2P campaigns can be set up in minutes. Usually, you can start collecting funds within a day once the hosting platform reviews and approves your campaign.

Getting the Most Out of Your P2P Fundraising Campaign

P2P fundraising is a fast and efficient way to raise funds for your booster club. However, for your campaign to thrive, you’ll need two things: lots of support and a great hosting platform.

For most booster clubs, garnering support is easy. All you need to do is tell your members, volunteers, and parents that you are launching a P2P campaign. Be clear about why you are creating the campaign and what you intend to use the funds for.

The second part of the equation is the donation platform. You’ve got to find a user-friendly platform that has low rates. Some platforms are easy to use but charge exorbitant fees, which take valuable funding away from your booster club.

Other platforms place a hold on the funds. This means you may not be able to access them for several days after the campaign is over.

Why BoosterBucks Is the Best P2P Hosting Platform

BoosterHub’s integrated fundraising platform, BoosterBucks, makes it easy to launch and manage online fundraising campaigns. Unlike most online fundraising platforms, BoosterBucks charges a transaction fee to your donors, which means you get to keep more of what comes in. In addition, we only charge a 5% platform fee, one of the lowest in the industry.

BoosterBucks is also incredibly versatile. You can set up and manage multiple rallies at once, enabling your club to support several sports teams or causes simultaneously. And since BoosterBucks is integrated into BoosterHub, you’ll have near-instant access to your funds as soon as the campaign ends.

Raise Funds Fast With BoosterBucks

Online P2P fundraising can be a great addition to your club’s fund-generating strategy, and BoosterBucks makes it easy to mobilize donors and maximize your earnings. Don’t sacrifice large chunks of your donations by using a subpar platform. Partner with BoosterHub and leverage our integrated online advertising platform. Book a demo today to learn more.

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Ways to Fundraise for a Booster Club

Fundraising is perhaps one of the most important functions of your booster club. However, it can be tough to build momentum, especially if you are new to fundraising as a whole. You can also get stuck in a rut and feel like you are running the same two or three events on repeat. That’s when it’s important to mix things up to keep club members and donors engaged, ensuring a steady stream of support for your student-athletes. With that in mind, here are a few ways to raise more money for the student-athletes you support:

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Non-Profit Donation Receipt

Whenever someone donates to your club, you must ensure that you send them a clear receipt so they can take advantage of their tax deduction. These receipts are your club’s way of saying, “Thanks for being on the team,” and they’re essential for keeping records organized. Providing a timely and well-documented receipt also makes your club appear professional and organized. In turn, you’ll be able to more easily build trust with donors and encourage them to give again in the future. After all, donors need to be confident that you’re acknowledging and managing their contributions properly. On that note, here are a few tips to help you create compliant receipts:

Booster Club Best Practices

Booster Club Rules

You certainly wouldn’t sign up for a sports league without knowing the rules of the game, so why would you attempt to run a booster club without a clear set of guidelines? In a booster club, the rules take the form of bylaws, which are policies and procedures that are vital in keeping everyone on the same page, helping to avoid misunderstandings, and ensuring that each member understands their part in supporting the club’s mission. In some cases, these bylaws will spell out who can and can’t be members, as well as who is eligible to serve on the board. Some states even have standardized playbooks that you need to follow. The University Interscholastic League (UIL) in Texas, for instance, has a playbook of its own, covering specific bylaws for booster clubs that support school programs. In any case, here are some tips for ensuring everyone in your booster club plays by the rules so you can have a productive year: