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Penny war
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A penny war is a fundraising competition where two or more groups collect coins and bills in an effort to score points based on the amount and denomination collected.
Each group has a bucket for collecting the money; typically groups collect coins, but dollar bills may also be accepted. The value of any pennies collected by a group count toward that group's point total, while the value of other coins or dollar bills are subtracted. Hence, in a competition between Group A and Group B, a contributor who wants Group A to win will place pennies into Group A's bucket and nickels, dimes, quarters, or dollar bills into Group B's bucket.
At the end, a winner among the groups is declared, sometimes earning a small prize. The proceeds are donated to a specified charity or cause.
References
References
- "Penny Wars Instructions".
- (2018-04-18). "Middle School ‘penny war’ raises more than $2,000 for cancer patient". Cass County Star Gazette.
- "How to Conduct a Penny Fundraising Drive".
- "Forest Road School Penny War Nets Over $2,100 for Leukemia & Lymphoma Society". chicagotribune.com.
- "Medomak Valley Honor Society raises funds to help ailing teacher - Knox VillageSoup".
This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.
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