5 ways to maximize profits from your charity golf tournament
- Recruit corporate sponsors.
- Design different ticketing options.
- Offer activities besides golfing.
- Don’t forget your add-ons.
- Start fundraising for next year’s event.
- Flexible ticketing and registration pages allow your organization to sell add-ons with event tickets before the day of the charity golf tournament arrives. Making a donation appeal on the course is easy: Station a volunteer, committee member, or board member at a hole to ask each golfer to make a donation on the spot. Request a fixed dollar amount.
How do golf tournaments raise money for charity?
How to raise additional funds through your golf tournament
- Offer a simultaneous skills workshop.
- Set up a cash bar golf cart.
- Create “mini-course” contests.
- Let players buy mulligans.
- Get corporate sponsors for a golf tournament.
- Sell nonprofit merchandise.
- Offer ticket packages.
How much does it cost to put on a charity golf tournament?
Most of the people I know are in the Medium Income range, so my events are always priced between $75 and $250. Whereas Warren Buffett probably only attends tournaments that cost in the $5,000+ range. Now that you know how much each person will spend at your event, you can pick a course and price your event.
How do you do a charity golf tournament?
Charity Golf Tournament Planning Tips
- Choose your golf course carefully.
- Pay special attention to prizes and tee gifts.
- Add interest with additional activities and prizes.
- Work with sponsors at every possible point.
- Be hospitable.
Are golf tournaments good fundraisers?
Golf tournaments can be very successful fundraising events when done right. Player registration fees provide a baseline for obtaining funds; however, there are plenty of opportunities to raise money before, during, and after the charity tournament takes place.
How much money can you raise with a golf tournament?
How much does the average golf tournament raise? The average event raises $5,000 net. There are events that raise $100,000 to $500,000 but it takes special ingredients.
How much does it cost to sponsor a golf tournament?
Sponsoring a regular PGA Tour event costs in the neighborhood of $7 million per year. That money covers a portion of the purse, a television advertising commitment, a fee to the PGA Tour and to the tournament.
Where do golf tournaments get their money?
Most of the purse money comes from the various television networks that broadcast PGA Tour events. As of 2012, television rights money provides 60 percent of each tournament’s purse, according to an article in Forbes.
How much does it cost to attend a golf tournament?
Typically, PGA Championship tickets can be found for as low as $32.00, with an average price of $174.00.
What do you wear to a charity golf tournament?
Most golfers choose to either wear long khakis or, if allowed, dressier shorts. The safe bet is to wear pants of a cotton or blended fabric material, and for women skirts in such material are also accepted. If you have them, we recommend wearing specifically designed golf pants.
How long does a charity golf tournament last?
With a shot-gun start and 144 players, tournament play can be expected to last about 6 hours. Note that some golf professionals recommend no more than 120 players on the course so that play does not take so long that golfers end up frustrated.
How do you sponsor a golf tournament?
Who Should I Reach Out to for Golf Tournament Sponsorship? Create a list of potential prospects. Start by having committee members write down potential sponsors in their network including friends, family, and acquaintances. Don’t be afraid to reach out to customers and clients to support your event, too.
Where is the charity golf match today?
The Match is being held at The Reserve at Moonlight Basin in Big Sky, Montana. The golf course sits at an elevation of approximately 7,500 feet.
Are golf tournament sponsorships tax deductible?
A golf tournament whose net proceeds are donated entirely to charity is eligible to qualify for the 100 percent deduction. Such an event would not fail to qualify solely because it offered prize money to golfers who participated or because it used paid concessionaires or security personnel.