A Proposal for the Richmond Hill Fundraising Activity - Essay Example

The name of this event is ‘Raising funds for providing clothing to those affected by Tsunami’. It was intended to raise $ 80,000 through this fundraising program. It is a fact that one needs funds to conduct the fundraising activities. The sources of funds for the fundraising activity programs include a proportion of income from the firm’s annual fund, special programs like low-priced car washes, offers to instantly cure through beauty therapy for acne, pimples, and other skin-related problems, etc. The expenses for these kinds of special programs include setting up of the venue, arrangement of furniture and fixtures, arrangements for car wash and beauty therapy, and printing of brochures and banners as advertisement material.

The fundraising activity requires adequate planning and there is a need for careful organizing and staffing.

For this event, the aimed target market is one and therefore special programs like car wash and beauty therapy have been arranged in order to generate more funds than what has been estimated at Richmond Hill. There is a requirement for materials, financial and human resources for the conduction of this fundraising program. All these resources need to be coordinated accordingly for the success of this program and for this, entrepreneurship skill is a must for the project manager.

Name of the event: ‘Raising fund for providing clothing to Tsunami victims.’

Present Source of capital – annual fund, low-priced car washes, and beauty therapy.

Income Statement to Show that Projected Revenue Exceeds Expenses:

Income Account:

Revenue Heads

Estimated Amount

Income from the Annual fund of Richmond Hill

$ 10,000

Estimated income from car washes

$ 30,000

Estimated income from beauty therapy

$ 40,000

Total Revenue

$ 80,000

Expenses Account:

Expense Heads

Estimated Amount

Rent for the venue of the event

$ 7,000 ($ 1,000 for 8 hrs.)

Tent set up

$ 2000

Printing of brochures, banners

$ 1500

Arrangement of furniture (tables, chairs, and stationery)

$ 1500

Arrangements for car wash

$ 3000

Arrangements for beauty therapy

$ 5000

Manpower expense (staff for setting up the venue, for car wash and beauticians

$ 10,000

Refreshment expenses

$ 5,000

Total expenses

$ 35,000