I was wondering if there was any further information on Varsity Gold and them filing chapter 11. I have a fundraiser scheduled with them for this Spring and this coming Fall but cannot get a return call from my rep. I called the home office number and it is getting me no where. Please help. Thanks, Margo

Margo,

Could you please call our corporate office at 1-800-245-2093 ext 104 and I will be able to assist you.

Linnie
Customer Service Manager - Varsity Gold

Marco,

You will have to update us as to what you found out. I still like the program and let's hope they have something positive to share with you.

Does anyone have the facts on this?

Linnie,
I and my wife called our rep but they weren't able to tell us much and was suppose to have a conference call later that day. If you know what took place could you explain it to us on here so that I'm not contacted by everyone that would like to know?

Fundraising News
Fundraising Supplier, Varsity Gold, Files for Bankruptcy
The Arizona based fundraising company, Varsity Gold, filed for Chapter 11 Bankruptcy January 16, 2009. The company has over 240 sales representatives in the United States and Canada. Founded in 1988, the company supplies discount cards and cookie dough to high schools, sports teams, bands, cheer groups, PTAs, PTOs, and community groups to resell in fundraisers.

Varsity Gold's bankruptcy petition lists over $6 million dollars as owed to it's top 20 unsecured creditors. You can view the online documents at: Sierra CMS - Public Documents