The marching band, the drama club, the science club, the 8th grade class trip to Washington D.C. are just a few examples of the extracurricular activities that can enhance a child’s life—and they all cost money. There’s a rich tradition of students (often with their parents’ help) raising those funds in myriad creative ways, but they mostly fall into the same category of the much-maligned bake sale: lots of effort for very modest proceeds, or low ROI (return on investment), as they say in business and fundraising circles.
Think about it. Net proceeds from bake sales, car washes, sock hops, carnivals, and candy bar sales are usually in the hundreds of dollars. Do these things help kids learn to hustle? Absolutely! Do they have some fun with it? At least sometimes. Do parents end up digging into their own pockets to fill the gaps? Uh…yeah! And how many times can you ask Aunt Martha to buy a box of candy bars? (Maybe Aunt Martha’s not a good example….bless her!)
In contrast, with Investing In Communities® the purchase or sale of a $300,000 home generates $1,300 of unrestricted funding—at no expense to the buyer or seller. Sure, adults are the ones buying and selling the homes. And the brokers are paying the referral fees. But the kids sure could use their influence to let their aunts, uncles, grandparents, neighbors, car wash and bake sale customers know how to “make it rain” (in the good way) for the kids.
You can tell IIC to earmark the funds for general (unrestricted) use by your school. Or, you are able to tell IIC to earmark that they be used by a specific department, for which you and maybe your child have especially strong feelings.
Consider this example – Because of IIC, a Boise home sale generated $1,700 for a Chicago elementary school! So, by all means, let’s keep those kids hustling, but maybe it’s time to add another tool to their toolbox.