How to Collect Pennies for Fundraising Projects
There are many organizations, charities and individual projects that are supported and driven by fundraising efforts. Collecting pennies is one form of fundraising that has proven to be successful for many projects. The process of organizing a penny fundraiser is relatively straightforward. Penny fundraisers are usually successful because most individuals have extra change that they are willing to donate to a project. Penny fundraisers can be held for a great length of time and collect a large amount of money if they are organized correctly.
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Things You'll Need
- Large containers with plastic lids
- Tape
- Printed signs explaining project/fundraiser
- Scissors
- Knife
- Agreement from local businesses
Instructions
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Locate a substantial quantity of large containers that will be suitable for the penny collection fundraiser. The Fundraising Idea Center website explains that clear containers are recommended, but the container lids need to be plastic so that a slot can be cut for pennies to be placed in the container. A knife can be used to carefully make an opening in the lids for the coins to be inserted easily.
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Design a series of labels or signs that can be taped onto the donation containers. The Fundraising Idea Center website explains that the label should briefly describe the penny fundraiser. Using bright colors on the sign or label will help to attract attention to the penny container.
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Visit a series of local businesses to ask if they would be willing to take one of the containers and place it somewhere for customers to make penny donations. The Pennies website explains that gas stations, libraries or any business where many people visit are ideal locations for placing the collection containers. Provide the business with a container and be sure to go back to the business periodically in order to collect the pennies that have been donated.
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Continue the fundraising process for as long as possible. The Pennies website explains that 7-Eleven gas stations in Dallas did a survey and found that 82 percent of donated coins are pennies. Choosing the correct locations, making bright labels for the containers and holding the fundraiser for a long period of time will greatly increase the amount of money that is raised for the specific project.
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Tips & Warnings
It is advisable to open a savings or checking account at the local bank so that the pennies can be deposited periodically throughout the fundraiser.
Avoid storing large amounts of pennies in one location for an extended amount of time. It is advisable to take the penny containers straight to the bank once they have been collected from the participating locations.
