A basketball tournament fundraiser will work well for many different groups...
As long as basketball is a sport that is enjoyed by the people in your area!
The bottom line is that people love sport and love getting involved in sport.
So if basketball is a sport enjoyed by your members, supporters, and competitors than a basketball fundraiser will work very well.
But like all events it's going to take work to organize it properly! So be prepared to put in effort to make it successful.
My biggest advice for when running an event is to be completely organized and prepared far in advance. The last thing you want is to be running around trying to organize things on the actual day!
Let's get going...
First we'll look at the fundraising ideas you will use at the event and then we will look at how to organize your Basketball tournament fundraiser ...
With any event there are many ways of fundraising and you should be using as many of them as you can (within reason of course), to raise your needed funds!
Here are the ideas I'd recommend you use for your Basketball Tournament Fundraiser...
The first thing you need to do is find a venue...
Without one you simply can't hold your tournament!
Your organization might be lucky enough to have a venue itself, but if not, you will need to look around and find a suitable location.
Make sure that it has the full facilities to hold your event effectively. Namely toilets, electricity, stands, and basketball courts of course!
Try your best to get the venue for free. You are having a fundraiser after all!
This might be harder than it sounds and will also be a part of the promoting section down below.
You need to start advertising and contacting people to enter teams' months in advance of the tournament. Make sure that you have filled your playing field and received team entry fees at least a month before your tournament is due.
Obviously if you are for example a school you should get away with just inviting schools to participate, but if not contact friends, family, members, supporters, local schools, and sports clubs etc. to find teams.
If you make an annual event start the next year by inviting the previous year's teams back again.
There are loads of things that you will need to organize, plan and set up.
So have a to-do list, hand out jobs to helpers, and make sure you are fully prepared and organized way in advance.
Here are some things you will need to organize before, during and after (With repeats of some of the above)...
I would highly recommend you read this book "The Instant Fundraising Event System," to help you set up a system to run your fundraiser smoothly.
Obviously the first bit of promoting will be done when you're finding teams.
Then you'll want to promote your basketball tournament fundraiser to get spectators there...
And the best place to start is with the teams that have entered! Encourage them to get all their supporters, members, friends and family to come support them at your tournament.
Then you'll obviously post about it on your website and through your newsletters. Use social media accounts like Twitter, Facebook, Pinterest or Google + to promote.
I'd recommend that you set up an event on Facebook and invite all your contacts and encourage the teams entered to do the same. Also post about it on your Facebook Organization Page giving different details in different posts!
Get a local newspaper to do a write up about it and send out press releases to all local media.
Post posters up all around town and hand out flyers where possible. Just watch the cost of this and don't go overboard!
Importantly, encourage everyone involved or already attending to tell everyone they know and to spread the word as much as possible. Word of mouth promotion is unbelievably powerful!
For more great ideas on Promoting a Fundraiser read here.
I highly recommend that you thank everyone involved.
It is something that you should do naturally, but by making sure that everyone feels appreciated, you will also be making your job so much easier for your next basketball tournament fundraiser.
It's your first step to making your next tournament a success!!!
So thank all sponsors, teams, helpers, and spectators. Don't forget anyone!
Use the experience you gain from your first or previous basketball tournaments to make it into a successful annual fundraising event!
Make it a date that people look forward to. Where I come from we have an annual rugby touch tournament fundraiser that I can't wait for each year.
If you can make your tournament like that you are going to be raising some serious funds every year!
Good luck with your Basketball tournament Fundraiser!
And remember to come back and tell us about its success on the Success Stories from Successful Fundraising Ideas page.
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