Over the last number of months, the Fundraising Committee have been considering the best ways in which to raise the necessary funds to achieve our goal of delivering the facilities that our members deserve. We consider that there are 4 main avenues of fundraising available to us:
- Members Bond Scheme
- Donation Scheme
- Corporate Sponsorship
- Club Lotto
Click on the headings below to read more on these fundraising avenues.
What is a Bond?
A bond is a loan to Bishopstown GAA Club. This loan will be repaid to the bond holders over a 10 year period. There will be a legal agreement signed by Bishopstown GAA Club to ensure bond holders are guaranteed repayment of their bond. In effect, if you purchase a bond you are giving Bishopstown GAA Club an interest free loan.
How does this Work?
Bishopstown GAA Club will sell bonds as a way of raising the finance for this project. We need people (club members, parents of children who are playing members, members of the community etc) to buy these bonds. A bond has a cost of €5,000. The club guarantees to pay each bond holder €500 per annum over the following 10 years from the issue of the bond.
How Can you Buy a Bond?
Bonds are valued at €5,000 and can be paid by cash or cheque. If you are interested in assisting with this very valuable project which will have such a positive impact on our community as a whole then please contact us. We will have a team solely focused on selling bonds and they are contactable at email@example.com.
When someone paying tax under the PAYE system makes a donation, it is considered to be net of tax. So, if someone pays tax at 40%, the €750 would be considered to be 60% of the donation (similarly, if someone pays tax at 20% the €750 is considered as 80% of the donation). In both cases, the club can claim the tax on the donation directly from the Revenue Commissioners.
|Personal Donation||Donor Tax Rate||Tax Benefit to Club||Total Benefit to Club|
Corporate signage at club entrance and in the clubhouse
2 prominent pitch hoardings
2 years advertisement carried on our rebranded club website
1 year of monthly Facebook promotions on the club Facebook page
Free entry into our annual golf classic for one team for one year
Our corporate team will be calling on local businesses and asking for their assistance in delivering this project for our local community.
Members, if they don’t take up the bundle, also have the facility to play the lotto online weekly.