One of the first considerations for a fundraising coordinator is cost.
The profit on fundraising items and programs is determined by the pricing. Indeed, price is crucial since it impacts whether a fundraising idea will succeed or fail to meet your financial goals.
If the cost of your fundraising product is too expensive, the only way to boost your profit per item sold is to raise the resale price of your fundraising product. However, if you increase it too much, it may cut total sales, thereby lowering your overall profits.
How Product Fundraising Profits are Calculated
Most fundraising companies use this system to determine fundraising profits:
Product Price – Wholesale Price = Fundraising Profit
To determine the percentage your group is getting, use this equation:
(Profit / Product Price) x 100 = Profit Percentage
