Fundraising for a House

That might seem like a big expectation. But, there are people online right now asking for other people to help them raise the funds to buy a house. With the advent of organizations like GoFundMe, it is no surprise that people are seeking free money for a wide array of endeavors. What is probably more surprising, is the fact that there are people who seek to raise funds to give away a house. Learn more about it as you continue reading.

Perhaps you are in the market for Canadian log homes. The kind that comes from a family business with over 35 years of experience would probably draw your attention. And, no doubt, you would want the option to be able to discuss your own floorplans. You would welcome the ability to choose between a standard cabin design and a luxury home. That rustic look truly appeals to you, but you are not certain how you can fund that dream. Fundraising might be your answer!

Fundraising for a House

The House Raffle

House raffles allow the winners to receive a new home, have the money to build a home, or receive a home that has been donated. House raffles can raise big bucks. Maybe somewhere near a million dollars for the nonprofit group sponsoring the event.

Think about the House of Dreams Charity Raffle that has been in existence for over 20 years. They raise millions of dollars for Operation Support Our Troops each year. It’s sold as the chance to win your dream home but really, the winner gets the money necessary to build the home. If we’re being honest, it’s a lottery system. But think about how much money the lottery makes annually!

In Naperville, Illinois, the Rotary Club sells 40,000 tickets at $100 each. That means they raise $4 million dollars. They only spend $1.3m on the winning dream home, which means they hand the winner the money to seek out his/her own builder or do what they will with the money. This means the club is able to use the other $2.7 million for their own endeavors. That’s a lot of money, folks!

It’s Not that Hard

Since there really isn’t a house being raffled off, the set up for this type of fundraiser is just like any other raffle. You choose the amount of tickets that must be sold in order to have a successful event. Once that number has been achieved, you draw the winning ticket and hand over the money promised. Then your organization can do as it sees fit with the remaining proceeds. It’s incredible when you really think about it.

As long as your organization is prepared to follow all the state and federal guidelines for operating a raffle of that size, there really shouldn’t be any trouble. And, since you never have to produce a home, just the money to buy it with, your main concern will be figuring out how to sell that many tickets! Keep reading about hosting a raffle.

Personal Fundraising

We looked at a potential house fundraiser for your non-profit, but we’d like to point you to a couple of people who are personally seeking assistance fundraising for their own homes. You can help them if you are so inclined:

  • Hannah Chin- A mother of three children. Learn more here.
  • Tina Johnson- Mother of a hearing impaired little girl. Read their story by clicking this.
  • Jess Bertram- Surgeries have left her unable to keep up with the bills. Help her.

If you can make a difference in the lives of these individuals, please consider doing so.