Dual-purpose cash and check scanners help major fundraisers succeed
Charity fundraisers need all the help they can get, and dual-purpose cash and check scanners can help them with processing any and all the funds they receive. In the case of large events that can raise at least tens of thousands in cash and checks, a machine that can accurately sort, scan, count and calculate the amount of money donated at any given time can be a great help in many situations. With an efficient operation on the donation processing side, donors don't have to worry that their contributions are going to administrative costs, and organizers can focus on making the event they're hosting a success.
Dual-purpose cash and check scanners can make major fundraisers efficient
In Detroit, the North American International Auto Show held its annual Charity Preview in late April. This event allows car lovers who want to see what's new and exciting in the automotive world to enjoy a festive atmosphere in a formal black-tie environment. Created in 1976 by local car dealers seeking to raise money for children in Detroit and throughout southeast Michigan, it has raised a significant amount of money over the course of nearly 40 years, half of which was raised in the last 10 years alone.
The 2015 edition of the Charity Preview attracted around 13,350 people, a large number for a single-night event. According to Fundraising Success magazine, the results of that night were a great success. Around $5,340,000 was raised by NAIAS, making it the largest single-night fundraiser in North America. The event smashed a milestone as well, bringing the combined money raised over its history to more than $100 million. The event benefited several charities based all throughout southeast Michigan, including the Judson Center, Detroit Institute for Children, Think Detroit PAL, Boys Hope Girls Hope of Detroit and Children's Hospital of Michigan Foundation.
With funds reaching the millions in a single night, being able to sort through a large amount of money quickly becomes a necessity. That's why dual-purpose cash and check scanners are a useful tool for fundraisers. Most people will likely offer their funds in the form of a check, but some will want to pay in cash up front. Having a machine that can count and add both is a huge advantage, since it can be done automatically and quickly, reducing the risk of human error. Charities will be able to receive accurate counts on how much money they received, which they can distribute more evenly to the people that need it most.
July 21, 2015