Monday, November 26, 2007

JewishJournal.com-Can nonprofits rake it in with raffles?

JewishJournal.com: "This December, some lucky soul out there will win a million-dollar home in West Hills, and Kadima Hebrew Academy will pocket $1 million to benefit the school.
Maybe.
Actually, probably not. The more likely scenario is that the grand prize winner of Kadima's first stab at a mega-raffle will take home a six-figure prize, and Kadima will net the same, depending on how many more of its 18,000 available tickets it sells.

Here are some weblinks that discuss raffles. Please understand that nothing we provide should be considered or should substitute for legal advice. Other Sites of Interest Disclaimer

From Idealist.org

http://www.entrepreneur.com/article/0,4621,307794,00.html

http://www.nonprofitmailers.org/tools/csr-307.htm

From the USPS

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