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school fundraising
School fundraising or school fund raising is the practice of raising money to support educational enrichment programs by schools or school groups (e.g., parent-teacher organizations, booster clubs, etc.). One of the most prevalent practices in the United States is product fundraising. Schools and other non-profits raise $1.7 billion each year by selling popular consumer items.〔(Association of Fund-Raising Distributors and Suppliers (AFRDS) )〕 Eight out of 10 Americans support these types of programs.〔(Association of Fund-Raising Distributors and Suppliers (AFRDS) )〕 In addition, schools and school groups such as their Parent Teacher Organization and Parent Teacher Association find many creative ways to raise funds—from bake sales, dinner events, auctions and school carnivals to more aggressive advertising, affinity programs, grant writing and straight forward donation requests.
== Product fundraisers ==
Product fundraising has its origins in the early 20th century. The practice typically involves the purchase and re-sale of popular consumer products by a non-profit group whereupon the group sponsoring the sale keeps a portion of the gross sales. Products can be purchased in bulk and paid for in advance by the organization, then re-sold to supporters. Products may also be ordered using a catalog, order forms and other methods. Supporters pay for the product when the order is placed or upon final delivery.
There are three types of product fundraisers that schools use to generate revenue. (1) Pre-sales Fundraising, (2) Product In-Hand Fundraising, (3) Online Fundraising, with online fundraising rising in popularity over the course of the past decade.〔(Do It Yourself Fundraising )〕
As of 2010, there are over a thousand fundraising companies in the United States offering their products and services to schools and their associated nonprofit parent teacher groups.〔(Fundraising Companies Directory )〕 In the past year, many changes have occurred in the school fundraising industry. A few online fundraising companies, like Piggybackr, are now using social media web apps, such as Facebook and Twitter, to make online fundraising easier for schools and the parents and students who promote them.〔(Fundraising Provider )〕 Additionally, Fundraising Software is also now available allowing a school to have their own product fundraiser website (with their own domain name), that is then populated with products from a distributor, who manages the fundraiser externally and deals directly with shipping and customer relations.〔(Fundraising Software by Have Apps )〕
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