Raffling Stocks and Bonds in Forster-Tuncurry

  • January 26, 2011

Raffling Stocks and Bonds in Forster-Tuncurry

The Forster-Tuncurry Quota club in New South Wales, Australia, hit upon a new fund-raiser when they became the beneficiaries of Aus.$5,000 worth of Broken Hill Proprietary shares. Their local benefactor—the perennial donor of daffodils for the club’s annual Daffodil Day fund-raiser—offered the shares to help raise money for Quota service. (To learn more about Daffodil Day, click here.)

“This wonderful offer was just too good to miss,” says Heather Wykes, past club president. “After checking out the legalities of offering shares as a prize, our club promoted a drawing with tickets at $5 each.”

The club designated the New South Wales Cochlear Implant Centers for Adults and Children as the recipient of the proceeds and then took off toward fund-raising success. They sold tickets around town, publicized the raffle in the local paper and in the centers’ publications, and wrote letters to everyone who came to mind. Even Quota district governors in other locales were invited to participate!

The club amassed $10,245 from ticket sales, but they couldn’t stop there. At the dinner event set up for the prize drawing, the club organized a silent auction that brought in an additional $783 for the centers!

When the drawing for the shares was held, club members rejoiced to hear the name called. It was Helen Pearse, past club president. Helen is a charter member and past club member with 100 percent attendance in Quota…since Charter Day!

Dr. William Gibson, the renowned cochlear implant pioneer in Australia, took home the evening’s other prize—more than $11,000 for his implant centers.

Dr. William Gibson of the New South Wales Cochlear Implant Centers for Adults and Children, the beneficiary of Forster-Tuncurry's raffle, demonstrates how a cochlear implant works.

Original fund-raising ideas in Forster-Tuncurry don’t stop there! For the story of another interesting moneymaker for this vibrant club, click here.

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