Golf tournament proposal


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Golf tournament proposal

  1. 1. GOLF TOURNAMENT FUNDRAISER A plan to raise money for D.S.S.T. athleticsOVERVIEW
  2. 2. A question has arisen as to how additional revenue for both the middle school and high schoolathletics at D.S.S.T. could be obtained without going through normal donor channels that theschool taps for academic donations. One idea that shows quite a bit of promise is to host a golftournament fundraiser. This plan will lay out how the golf tournament will be planned, therevenue projected, the expense expected, and ideas for attracting donors and golfers. Additonally,we will consider how to attract volunteers.The idea of a holding a golf tournament fundraiser is a popular one, and for good reason. Itallows D.S.S.T. to be associated with an event that many people would be doing already. That isplaying golf. By working with the golf course, in this case Common Ground Golf Course located atAlameda and Havana, much of the actual planning and supervision of the event is taken care of.The remaining work required focuses on attracting sponsors, attracting golfers, and puttingtogether the peripheral items that will help make the event memorable.The most popular format is a scramble. The rules for a scramble are that each group is a team.They all hit a drive then decide on the best one. They then hit their second shots from that spot,and so on. The team has one score for each hole and the team with the lowest total for 18 holes isthe winner.INCOMETOURNAMENT FEESDave Troyer, the Director of Golf at Common Ground Golf Course has given me a tentative price of$80.00 per golfer to cover the cost of 18 holes of golf, cart rental, use of practice facilities, andfood at the end. Drinks will be taken care of by the golfers, though we may consider paying forany non-alcoholic beverages like soda and water.We will charge each golfer $100.00 to participate in the tournament, giving us a minimum of$20.00 dollars profit for each golfer participating. We have a conservative estimate in our budgetof 60 participants giving us a projected income of $6,000.00. A full tournament is 144participants, so we obviously have space for a higher number should our efforts to attract golfers,laid out later in this plan be successful.SPONSORSWe understand that it isnt wise to keep asking the same donors that have been so generousgiving money to D.S.S.T. for more. This is why we will be looking for a different set of donors. Thefirst place we will look is at local businesses who may not have an affiliation with D.S.S.T., but maybe interested in golf tournament sponsorship. We will also be looking at other local businesseswho may be interested in working with D.S.S.T. but havent had the means, or access to do so untilnow.In our projected budget, we have planned for six hole sponsors. These sponsors will, for a fee of$750.00 will have a sign with their business on the tee at one of the holes. D.S.S.T. will beresponsible for the signage, however the business may do more at the tee if they wish, as long asit is in accordance with the rules of Common Ground Golf Course. We are also projecting threecart sponsors who will have their logos placed inside each of the carts, along with anything else
  3. 3. they may wish to add to a guest bag that will be discussed later. The fee for each sponsor is set for$900.00. Finally, we have four Hole in One Sponsors who will be hole sponsors at each of the parthree holes. At each hole there will be a prize for a golfer scoring a hole in one. The sponsor willnot be responsible for the prize, but may do more than the signage D.S.S.T. will provide if theywish.The projected revenue from the total of twelve sponsors is $13,200.OO. This number could rise ifwe can get addtionall sponsorship for the eight other holes, as well as other possible cartsponsors.GOLFERSThe good news about attracting golfers is that there are many avenues to advertise an upcominggolf tournament that are either inexpensive or free. Places like Black Tie Colorado and AvidGolfer Magazine are two. We can also email parents, donors, and other interested parties toinform them of the tournament. Using as many of these avenues as possible to create awarenessfor this fun event will get enough golfers to make this event a success. As we mentioned earlier,our estimate of 10 teams of four and 20 individuals is a conservative estimate as a fulltournament consists of 144 golfers.ADDITIONAL REVENUEOther areas of revenue for a golf tournament come from the extra games or incentives that golferscan buy to help their game during the tournament. We have budgeted for three of theseincentives. Mulligans: Mulligans are free shots that golfers can buy to replace a bad shot of some sort. Mulligans can be purchased for $5.00, with a maximum of two per person. We have projected that 80 will be bought for a total of $400.00 dollars of revenue. Hole in One: Every golfer will have an opportunity on the par 3 holes to make a hole in one with their regular shot to each hole that they would normally have. Should a player want to take another shot, they can buy it for $10.00 at the hole. The mulligan shots will be purchased at $10.00 for a total of $400.00 dollars of revenue. Gimme string: Each group that plays together will be given the opportunity to buy a 24 inch length of string. The string can be used when a group barely misses the hole with their shot. They may use some of the string to “hole the shot.” An example would be that a group leaves their par putt six inches short, they can use six inches of the string to “make that putt.” We have projected that 15 gimme strings will be purchased at $10.00 for a total of $150.00 of revenue.EXPENSESFACILITIESAs we mentioned earlier, the fee that Common Ground Golf Course quoted was $80.00 per person.
  4. 4. That price pays for the round of golf, the cart, the use of the practice facilities and a meal. Thisincludes any labor, tables and chairs, and usage of their tent faciliy. We projected that 60 golferswill participate for at total cost of $1,600.00. However, we would only need to pay $200.00beforehand to reserve our spot.INSURANCEThere are two types of insurance that we must buy in order to make this golf tournamentsuccessful. Hole in One: This is the insurance we use to make the prizes for the contests available. By purchasing this insurance, the responsibility for paying out prizes should a participant make the shot would rest with the insurance company and not us. We have projected a total of $500.00 needed to purchase the Hole in One insurance. Rain Insurance: Golf is an outdoor sport, so its important to protect ourselves should our event be rained out. We have projected a total of $200.00 needed to puchase Rain Insurance.GIFTS AND PRIZESThere are three types of presents that we should purchase for the golf tournament. Gift Bags: We want to make the tournament memorable so we would have gift bags for each golfer that they would receive upon check-in. This bag would include snacks and a few inexpensive, golf related items like golf balls and tees. Additionally, any donations from the cart sponsors can also be added. We have projected a total of $450.00 dollars needed to create the gift bags for each golfer. Prizes: Many tournaments offer prizes like gift shop gift certificates for the winning team and this is a possibility, though it will cost a bit more. Our thought was to purchase trophies for the top three teams as well as for last place, best dressed, etc. Trophies are usually cheaper than gift certificates and are more personal. We have projected a total of $500.00 needed to purchase the prizes. Sponsor Gifts: As you know, Its propor to give our sponsors gifts of thanks for helping to make our tournament a success. This can be any number of items from etched glass trophies to wine. A choice of gifts appropriate for this tournament can be made at a later date. We have projected a total of $1500.00 needed to purchase the gifts.SIGNAGEAs mentioned earlier, it will be up to us to purchase signage for the sponsors, for check-in, theHole in One contest, etc. We have based the cost of the signage on the twelve projected sponsors,along with a registration sign. Each sign costs roughly $18.00 giving us a projected total of$200.00.
  5. 5. PUBLICITYWe believe that we can do the majority of our publicity very inexpensively, however we haveprojected a total of $500.00 for printing and photocopy costs. This would include letters tosponsors, registration confirmation, and possibly a sign-up website.EVENT PLANNINGThe fee for planning this tournament and coordinating all the above items needed will be 10% ofthe total profit. We have projected a total of $1400.00 for event planning, plus reimbursement forindividual money paid to acquire materials for the tournment.COLLECTION AND OUTLAYAt first glance, there are a lot of costs that are associated with a golf tournament, however theinitial outlay of funds is not that large. The only up front costs would be for reservation of the golfcourse and for the insurance, a sum of $900.00. Everything else can be paid for from the moneycollected by the golfers signing up early, as well as from the sponsors. A pay as you go modelwould be the best way to make sure that D.S.S.T. is not putting out a large amount of money.VOLUNTEERS:Because the money raised from this tournament will be used for D.S.S.T. athletics, we thought thatthe kids playing on the teams could help with parts of the tournament. This would serve twopurposes. The first is that the golfers and sponsors can meet and interact with the people theirparticipation is helping. The second is that the kids could see that there are people in thecommunity who are interested in helping them. There are three main areas where kids could beused as volunteers. Registration: We could have kids helping to make sure that golfers know where to go, help them get their bags to their carts, and make sure they feel welcome. Caddies: Kids would ride with the groups and help make the golfers round more enjoyable. Common Ground Golf Course already has a high school caddy program so it would be easy for the kids to be trained. Reception: At the post-tournament reception, kids could help with food service, clean up , and prize distribution among other things to help make the after event more memorable.Tips for the kids services would be accepted at several locations around the golf course. Themoney would then be pooled together to buy those kids that volunteer D.S.S.T. warm-up suits.CONCLUSION:There are several ways that D.S.S.T. can raise additional money for the athletics department. Agolf tournament is just one, but we believe that a tournament gives D.S.S.T. the opportunity toreach out to different populations of potential supporters. The tournament will, hopefully, allow
  6. 6. us to obtain the monetary resources that will help athletics flourish without taking resourcesaway from D.S.S.T.s ultimate objective, creating a first class education.