GUEST SPEAKER - MICHAEL BOYD

Rotarian Michael Boyd, who has recently returned to Warrnambool after living in Mackay for two years, provided an overview of the fund raising activities he was involved with as a member of the Rotary Club of Mackay. Some of the activities are listed below and others included a golf day and a trivia night, both also very successful activities.

Beer, Wine and Spirits sales Income $55,000          Costs $53,000 Profit $2,000	Four small wishing wells for shop counters Cost $4500 to buy and import Income 1st six months (from two) $3500
Four small wishing wells for shop counters Cost $4500 to buy and import Income 1st six months (from two) $3500	Run by the Mackay CC Wine Bar Sales 1/2 day for 20 Rotarians + organiser’s planning time Sales $26,000 Costs $17,000 Profit of $9000
Annual Fund Raising Income $170,000 - Costs $95,000 – GST = Funds for Distribution $55,000 Rotary Programs = $18,500 Vocational = $6,500 Mackay Charities = $17,000 Other Charities = $7,000	Lessons Learned More money in drinks than snags, but harder compliance requirements Weekly commitments means that all members must be involved Earn too much and you pay GST Sponsorship for events is very important – many club members contributed via their businesses With an income of $170,000, the treasurer counts a lot!