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3 Tips to Successfully Get Raffle Prize Donations Find businesses and donors to solicit. Make a list of individuals and businesses to solicit. Personalize donation appeals. Each appeal should be different. Offer marketing opportunities. Businesses donate to nonprofits for marketing.
Go online or call around to determine the specific person to whom you should send your request. Addressing your email or letter directly to this person increases the chances of it being seen. Tip: Get on the phone and call potential prize donors. Yes, cold calling can be awkward!
Send a letter or email to at least twenty businesses requesting silent auction item donations. Outline your mission and impact, event logistics, and the kind of donation youre looking for. Mention any acknowledgments youre willing to give in return, including social media recognition or marketing material spotlights.
When soliciting vendors, your request should be personal, from a company representative to a vendor representative. You may choose to do it in person, via email or through a letter writing campaign to all vendors. The key is having the right person make the request!
Accountant Allison Rosen explains: ``Items donated for charity auctions can be used as a tax deduction up to the amount of the materials used to make the item.
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Donors who purchase items at a charity auction may claim a charitable contribution deduction for the excess of the purchase price paid for an item over its fair market value. The donor must be able to show, however, that he or she knew that the value of the item was less than the amount paid.
Record each in-kind donation as a debit and a credit. This also ensures you record the debit of acquiring an asset and the credit of receiving donation revenue equivalent to the item.
A direct ask is going to be best, but the most effective way for that ask to result in donations/donated items is to have someone who knows the business/owner youre approaching for the donation. Utilize your board members, connected volunteers, etc., and approach businesses that are related to your mission first

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