There are several ways you can raise funds with Flags for Fundraising, but the most popular fundraising programs are:
- A Flags for Honor event
- Flagpole Set Rental fundraiser
- Selling Flagpole Sets
Flags for Honor Fundraiser
A Flags for Honor fundraiser is designed to display a large collection of flags flying together in a public place. Instead of your buyer physically owning the flag to display on their property, they will sponsor the flagpole set. The flags in a Flags for Honor fundraiser will usually fly together in a designated public location. Each flagpole set should display an Honor Medallion dedicated by the buyers, in honor of a family member or friend.
Designated locations that usually work best are a public park or a property owned by your organizations, so buyers may visit the flagpole set they donated. Always get written permission to use any location before starting to sell your flags. The event could be as short as one weekend or can extend as long as you would like. We also recommend a celebration the day your event starts to recognize your team’s hard work and encourage community involvement.
Flagpole Subscription/Rental Fundraiser
In a Flagpole Set Rental Fundraiser, the flagpole set will be displayed on the buyer’s property for a limited period of time. An example would be installing flagpole sets prior to Memorial Day weekend and uninstalling after Labor Day. Your group is responsible for selling the flagpole set, installing it, and uninstalling it at the agreed upon time.
The benefit to this program is that you maintain ownership of the flagpole set. The following year, you can rent the flagpole set again to increase your total profit made off each flagpole set.
- Year 1: Profit is equal to flagpole sets sold, minus purchase cost.
- Year 2: Funds raised for flagpole sets sold are 100% profit.
To determine how many flagpole sets you should purchase, consider the following options:
- Organize a preorder to understand how many flagpole sets you may need.
- Purchase a limited amount of flagpole sets for Year 1, then add more flag sets in Year 2 when you see demand.
Sell Flagpole Sets to Raise Funds
Selling flagpole sets is the third fundraising option. This fundraising program requires you to sell, deliver, and install the flagpole set, but it would be the buyers’ flagpole set to keep. Although this program may result in the least amount of total profit because you can’t rent or resell the following year, your group will not be responsible for uninstalling at the end of the season. If you have a smaller group, this may be an option to consider.