Many charitable organizations rely on conducting leisurely golf tournaments to raise funds. As charitable organizations are already in need of money, the financial burden of a tournament may be too much for them to handle. So, the solution? Look for sponsors for the event as well as come up with unique ways to cut down on the expenses.
How to Get Sponsors for a Golf Tournament?
Get in touch with local businesses to sponsor your event. One of the lucrative sponsorship ideas is to have a number of businesses as sponsors. You can have one main sponsor and a number of other co-sponsors. This way, you can create different layers of sponsorship money, with the main sponsor paying the maximum and co-sponsors paying a little lesser.
According to the money businesses pay for sponsorship, decide on the kind of visibility and advertisement space they will get at the event. By doing this, you are giving options to the businesses to choose the amount of sponsorship money they are willing to part with and purchase the advertising space at the event depending on that.
Publicize your event widely, in the local newspaper, local radio channel, through posters at various busy places in the city, as well as on the Internet. Advertise the company CEO, sports persons and other big shots who are going to be a part of your event. This will ensure that lots of people would like to attend the event as well as participate in it.
To raise money for the event, you can keep entrance and participation fees. This way, for every player that you register for the tournament, you get some money to fund it.
Get a tournament booklet printed. Sell this booklet for a small amount of money to the attendees. Also, sell advertisement space inside the booklet to local businesses and commercial establishments. By doing this, you can raise a good amount of money for the tournament as well as your cause.
Although this is not exactly a way to get sponsorship, but you can surely cut down a lot of your expenses with this tip. Go and personally speak to the officials at the golf course and see whether they waive off the entire fees for hosting the tournament as it is for a good cause. If not, you can request them to at least reduce it a bit.
Similarly, speak to a few caterers and give them an opportunity to sell food and beverages at the venue. In exchange for it, ask them to pay you a certain percentage of the sales that they make. This way, you no longer have to spend on providing refreshments at the venue, plus you get to earn profits too!
Get your organization's logo printed on golf accessories, such as golf balls, golf umbrellas, golf t-shirts, golf hats, etc., and sell them at the venue to the participants and other attendees. If you do this, you get to promote your organization as well as raise money for the charity golf tournament.
During the tournament, keep some additional contests such as a putting contest and charge extra fees for participation in them. Keep it as a surprise at the main event. When the atmosphere is so charged up and everyone is into playing golf in full swing, none of the golfers will refuse such an offer.
Hold an awards function in the evening, along with a banquet dinner. Keep tickets for this dinner. You can even plan some auctions at this event to raise money for your cause.
You can hold an auction for things like weekend getaways, gift certificates of a retail store, certificates for a spa, etc. Get in touch with local businesses and get as many of such offers as you can for minimal price.
By putting into action these mentioned ideas, you can easily organize funds for your event and your cause. As charity events are for an honest cause, as you start looking for sponsorships, you will find many people along the way ready to help you out in your endeavor!