Fundraising
Grants
Sponsorships
ROI
General RoboRaiders Trivia
100

What is a donor in fundraising?

Somebody who gives money to support a particular cause

100

What is a grant application (or grant proposal)?

Before awarding a grant, most organizations require you to submit this written request to request money for a particular purpose.

100

Who is our most well-known sponsor? 

Johnson & Johnson (subject to change)

100

What is ROI?

This financial acronym stands for the gain or loss from an investment relative to its cost.

100

How many members do you think we had in the 24-25 season?

150 (credit for +/- 25 members)

200

Name one fundraiser we have done in the past or going to do in the future.

Philly's Pretzels, Chipotle, Shake-A-Can, etc. (accept anything valid)

200

True or False: Grants are typically large sums of money paid in large installments.


False, at last for our team. Sponsorships usually give the largest amount of money. Grants are usually smaller to help cover some of our expenses---like computers for our team, for instance.

200

True or False: Typically, sponsors do not require marketing visibility in exchange for their sponsorship.

False, most sponsors require visibility in return for their donations. You'll be learning more about the tiers we offer of sponsorships. 

200

What is the formula for ROI?

Divide the net profit by the initial/investment cost.

200

How many business departments are there? 

4 departments (Wellness, Communications, Finance, Graphic Design). Outreach does not count as a Business department.
300

What is a team budget?

Typically, this would detail the amount of money the team has currently, and this would be the list of parts, registration fees, travel, and other expenses your fundraising must cover.

300

To be eligible for many grants, your team must be connected to one of these tax-exempt entities. What is this entity called?

501(c)(3) nonprofit

300

What is sponsorship levels (or tiered sponsorship packages)?


This fundraising strategy involves offering tiered benefits, like logos on T-shirts or websites, based on how much a sponsor gives.

300

True or False: A project with a higher ROI is always the better investment.

False, because ROI doesn't account for risk, time, or scale.

300

What is the difference between Team 75 and Team 428?

Team 75: all juniors and seniors (tech or business), they also welcome underclassmen in business departments only

Team 428: all underclassmen in tech departments only

400

What is merchandise (or swag)?

These are small items like stickers, buttons, or 3D-printed keychains that teams often sell to raise money.

400

What is our parent booster club called?

PART 75

400

Before asking a company for funds, a finance team member should research this.

A company’s background or giving priorities

400

What is one factor that must be considered when comparing ROI?

Time, risk, etc. (any confounding variables in these estimations that might skew results).

400

How many tech departments are there? List 4 tech departments.

There are 7 departments. The departments are: programming, mechanical, design, carpentry, electrical, strategy, and safety. 

500

A local pizzeria agrees to donate 10% of its earnings from a Friday night event. This is an example of what type of fundraiser?

Community partnership fundraiser (or restaurant fundraiser)?

500

What is the difference between a grant and a sponsorship?

A grant is a financial award given with no expectation of promotion or return, while a sponsorship involves funding in exchange for recognition or marketing benefits.

500

What is a sponsorship proposal (or sponsor letter)?

This is the formal letter or presentation you send to businesses when requesting sponsorship. At the RoboRaiders, we have one general one that we might tailor specifically to businesses when asking for a sponsorship.

500

An investment earns $2,000 in profit on an initial investment of $10,000. What is the ROI?

20% ROI

500

Name all of our executive leadership.

- Jay (CEO)

- Vikhya (President)

- Durga (Business VP)

- Alan (Outreach VP)

- Om (Tech VP)

- Neel (Tech VP)

- Darya (428 Captain)