Well, that answer is up to you since you are creating and promoting your own reading competition through RFMS!
That said, trying to financially forecast goals for what you would like your fundraiser to achieve does take some planning.
To get you started, here's a simple model to help you calculate what you would like individual supporters to financially raise for your reading competition:
- Figure out a fundraising goal for your reading competition (example: 10,000 USD)
- Determine total # of students (500 students). Then forecast a participation rate (55%) who will meet their student pledge goal (500 x 55% = 275 students)
- Then, calculate how much a student would have to raise based on your forecasted participation level.
- $10,000 fundraising goal/275 students = $36.36 per student donation goal
So what are you waiting for? Get started with RFMS today!