A coin drive fundraiser, often called a “Penny War” or “Coin War,” is a popular and engaging way to raise money for various causes. It involves collecting loose change, usually pennies, but sometimes other coins and bills are included in a competitive manner to increase donations.
The basic idea is that different groups (classes, departments, teams, etc.) compete to raise the most money through coin collection. Here’s a common variation:
- Each group gets a collection container.
- Pennies deposited in a group’s container count as positive points or additions to their total.
- Other coins (nickels, dimes, quarters) and even bills, if allowed, can be placed in other groups’ containers to “sabotage” their efforts by counting as negative points or deductions.
- The group with the highest total at the end of the specified collection period wins a prize, and all collected funds go towards the chosen cause or charity.
- Clear rules: Define the rules clearly, especially regarding positive and negative points for different coins, and share them with everyone participating.
- Engaging competition: Encourage friendly rivalry between groups, perhaps by displaying charts or tallies of their progress. You can also offer a rotating pennant or cup to the daily leading class to add to the excitement.
- Promote the cause: Explain what the money will be used for to motivate participation.
- Incentives: Provide prizes or rewards for the winning group, such as a pizza party, extra recess, or an activity with the principal. Consider offering small daily incentives as well.
- Visibility: Place collection containers in high-traffic areas, and ensure they are clearly labeled and secure. Clear jars allow participants to see the collected coins, adding to the excitement.
- Publicity: Spread the word through flyers, posters, school newsletters, social media, and announcements.
- Counting and collection: Recruit volunteers to help count and roll the coins. Consider contacting a local bank to inquire about coin counting services. Secure storage for the coins is also important.
- Theme it up: Give the fundraiser a fun theme, such as a holiday theme or a “Piggy Bank” theme, to make it even more engaging.
- Online donation platform: Consider incorporating an online donation component to increase reach and allow for larger donations.
- The PTO at South Range Elementary in Canfield, Ohio, used a “Pack the Piggies” theme by painting large water bottles pink (to represent pigs) and setting them up by grade.
By implementing these best practices, you can organize a successful coin drive fundraiser that generates funds and builds camaraderie within your community.
What is a penny drive fundraiser?
The idea is to earn the most money for your class. Dollars count FOR your class. Once the competition gets going, you can raise quite a bit of money in small change, adding pennies to your own jar or silver to competitors. It’s great fundraising fun! Every class comes out a winner.
What is a coin drop fundraiser?
Good point! One popular fundraiser is sometimes known as “fill the boot” or “coin drop.” These activities involve collecting money at intersections or other areas where traffic is often at a standstill.