March Madness Fundraiser
You could name this fundraiser whatever you would like and hold it during any month. Set your goal at 100 people and have each person donate $25. Every day of March draw a name from the 100 people involved. Each day the person drawn wins $25. The names drawn on Fridays wins $50. So here’s the math: 100 x 25 = $2500 income. Payout 27 days at $25 = $675 and payout 4 days at $50 = $200 (27 + 4 = 31 days in March). Therefore, the income of $2500 minus the prize money of $875 = profit of an easy $1625. Source: NASCAR Foundation