Forms
All raffles must comply with the “90/10 rule” where 90% of the proceeds must go to charity and only 10% of the proceeds may be expended winnings or raffle related expenses. This is very difficult to achieve, obviously, unless all, or nearly all, of the prizes are donated, in addition to getting the ticket sales proceeds. You may recall “50/50” raffles where you award 50% of the raffle proceeds as a prize to the winner? They are now are illegal in California for a charitable entity to conduct under these new rules. They don’t comply with the 90/10 rule. So, if you plan to purchase prizes or award cash from the proceeds of the raffle ticket sales, it is very likely you cannot meet the 90/10 rule.
- Name and Description of Event
- Date, Time, and Location of event
- Does the venue need to be named as Additionally Insured?
- Certificate Holder (usually the venue or venue owner)
- Contact person and information for both the Guild and the Venue
If you are unsure of the information required, please contact your venue and ask them. Any information left out or that is incorrect will result in having to resubmit the request to the insurance broker and will take additional time.