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Seed Money

17 years 3 months ago #126838 by tonyafussell
Replied by tonyafussell on topic RE: Seed Money
My Name is Tonya Fussell and I am a Territory Manager for The Sock Fundraising Company. Our company offers socks. $15/unit and a profit of 40%, so your profit is $6/unit. There is a quick return on the product. No more than a week. Your organization would also earn 20% for a year for all online orders. I would like to send you some information in the mail, and also give you our e-mail address. thesockfundraisingcompany.com. I hope that you find this information helpful, and I hope to speak to you in the near
17 years 3 months ago #126798 by LSYD1
Replied by LSYD1 on topic RE: Seed Money
We have always given to new PTO's in our district.
17 years 3 months ago #126759 by ttnc4me
Replied by ttnc4me on topic RE: Seed Money
Our organization is new this year too. Our seed money came from parents volunteering to donate when they signed up for membership. Our membership is optional, as are any financial contributions. Some parents opted to donate time, others $5 and some even gave up to $100.
17 years 3 months ago #126755 by Debbie Tryzbiak
Replied by Debbie Tryzbiak on topic RE: Seed Money
Another option would be to ask for donations from local businesses to go toward whatever you need that seed money for. What is the seed money needed for? How will you use it to make more so that you can run on your own?

Have you asked the principal of your school about helping out? He/She wouldn't have to "give" you money directly, but the school could help with supplies needed for a fundraiser.
17 years 3 months ago #126710 by DemiDog
Replied by DemiDog on topic RE: Seed Money
My school was a pre-k/k center that was converted to a K-5 elementary school. The town redistricted and pulled students from two existing elementary schools to fill our school. The parent groups from these two schools did give our school "start-up" money, after all we had helped raise some of that money!
17 years 3 months ago #126692 by mum24kids
Replied by mum24kids on topic RE: Seed Money
It can't hurt to ask the other schools that the kids are coming from. I'm in an area where we've opened several new schools in the last few years, and all have PTAs. It's not an automatic thing that PTAs do; each new school had to ask the surrounding schools for a donation.

But the reasoning behind it was that kids that used to be in those schools and were now in the new school had contributed to the carryforwards of the older schools. So, it only seems fair that they should be able to carry some of that money into the new parent organization. The argument is that if they helped make the money, why shouldn't they be able to take it with them? Some schools didn't really have any excess funds, so they didn't contribute. Those that did usually based their contribution on the number of kids who were moving to the new school as a percentage of the total kids in the school. For example, if 10% of the student body was transferred to the new school, then 10% of the available carryforward was made as a donation.
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