First there were years of charities without real impact…
After a lot of BBQ charities, baking cakes and even big charity events, we looked at the funds we raised and we were quite dissapointed. Small charities like selling home-made cakes, doing BBQs, etc.. But they never raised more than a couple of hundred dollars. Big charity events with big conference rooms at nice hotels were too time consuming to plan. Also, after paying for a nice location, nice prizes and catering, all that was left for the charity was usually a very small 4 figure amount.
Non of our charity events were able to make a real impact…
But then we had the idea of a Boosted Charity!
What is a Boosted Charity? Watch!
Is it tax deductible?
Yes! At the end of the year you will receive year-end donation receipts from all the charities you donated to throughout the year.
Click here for more information on how this works.
Let’s see some examples!
Location costs: 0 $
Marketing costs: 75 $ for posters, etc..
Administrative costs: 50 $ for management, etc..
Total money raised: 600 $
Total costs: 125 $
Total amount donated: 475 $
Conclusion: Lots of fun, nice talks but no real impact
Location costs: 12500 $ for a +500 people conference hall, catering, moderator, etc.
Marketing costs: 4000 $ for print ads, invitations, etc.
Administrative costs: 2000 $ for management, etc.
Total money raised: 25000 $
Total costs: 18500 $
Total amount donated: 6500 $
Conclusion: Quite risky to make a loss, very time consuming, medium impact.
Location costs: 40 $ for webserver etc.
Marketing costs: 4000 $ for ads, influencers, etc.
Administrative costs: 500 $ for IT, management, etc.
Total money raised: 45000 $
Total costs: 4540 $
Total amount donated: 40460 $
Conclusion: A massive worldwide audience and contribution which leads to a very big impact!