Penn's Way 2013 Raffle Drawings
October 30, 2012,
Volume 59, No. 10
Penn's Way 2013 Raffle Drawings
Week Five November 5 Drawing
(for week of October 29-November 2)
Annenberg Center for the Performing Arts: Two tickets to a performance
Bikram Yoga: $50 gift card
D'Angelo's Restaurant: $35 gift vertificate
Penn Ice Rink: Coupon book for 10 free admissions
Penne Restaurant & Wine Bar: $75 gift certificate
Sweetgreen Restaurant: $25 gift card
*Note that prizes valued at over $100 are subject to state and federal tax. Winners will be notified and offered the option of refusing the prize.
See www.upenn.edu/pennsway for more info.
Week Three Winners
October 22 drawing (for week of October 15-19)
Arden Theatre Company: 2 theatre tickets—Jan Norkis, PA Hospital
Bikram Yoga: $50 Gift Card—Maria Stierheim, UPHS HUP
Eastern State Penitentiary: 2 admission tickets— Holli Crowley, UPHS CPUP
Lamberti (Restaurant): $50 gift certificate—Aileen Ngo, UPHS HUP
Landmark Theatres: 2 VIP passes—Cheryn Jarvis, UPHS CPUP
Penn Business Services: Nook Simple Touch eReader—Quinton Hill, Business Services
Penn Ice Rink: Coupon book for 10 free admissions—Aimee Kirsch, UPHS HUP
Holiday Inn Express: One night stay including breakfast *—Lucy Devine, UPHS HUP
Water Works (Restaurant): $50 gift card—Teresa Kocudak, Wharton
Penn's Way Q & A
Q: How much of my donation actually benefits the work of the organization(s) to which I give?
A: This question addresses the issue of overhead, known in fundraising as the "administrative rate." All charitable organizations are faced with the challenge of having to spend money to raise money. Development and fundraising are critical components of any non-profit's operating budget, and workplace giving (like our Penn's Way workplace charitable giving campaign) is considered to be the most inexpensive method of raising money because it allows charities to reach large groups of people at the same time. And options like payroll deduction allow donors to stretch their charitable dollar further than if they made a one-time gift. Nonetheless, there are fees associated with your gift:
- The Center for Responsible Funding (CRF) administers a 5% flat fee to each of the eight funds/federations that receive donations through the Penn's Way campaign. Four of CRF's funds/federations (AIDS Fund, Bread & Roses Community Fund, Delaware Valley Legacy Fund, and WOMEN'S WAY) do not charge additional fundraising fees. The remaining CRF funds/federations (America's Charities, Community Health Charities of PA, Environmental Fund for PA, and Global Impact) charge additional membership and/or fundraising fees. These fees are assessed in a variety of ways and their amounts can vary depending on membership status, volume of donations, and additional services provided to individual member agencies. Historically, these four funds/federations have received fees ranging from 4-17%. Each year fees are reviewed and calculated. For more information, or to inquire about a particular fund/federation or member agency, please contact CRF at (215) 925-6140.
- The United Way administrative fee is 12.5% (4.1% administration and 8.4% fundraising). In other words, organizations that receive money through the United Way receive 87.5 cents of every $1.00 donated. United Way does not use any further intermediaries in the fund distribution process (funds go directly to direct service agencies unless the donor designates their funds to an intermediary), so there are no additional administrative fees charged.
- Gifts made to Penn Medicine organizations are administered by the United Way of Southeastern Pennsylvania (UWSEPA) and, as such, are charged the UWSEPA 12.5% administrative rate.