This is a particularly fun fundraising idea.  Not only does it have the potential to raise a lot of money for your organization, but it will be one event people will be talking about for years.  It would be especially great for PTA fundraising, but it can be used by many groups.

Offer parents the option of attending a “Second Chance Prom.”  Just like a regular prom at the end of high school, this prom can involve asking someone to go with you as a date, flashy dresses and big hair.  You can even negotiate a high volume/non-profit rate with a limo company ahead of time (or, if local regulations permit, you can have the parents’ children serve as chauffeurs for a donation).

Charge a little more than people would usually pay to attend a fundraising dinner.  This is because your event will last longer than a standard fundraising dinner; it will be a lot more fun than a standard fundraising dinner with a silent auction; and you can even offer dinner as part of the event.

Be sure to also sell babysitting services during the event.  Not only will you raise more money by doing so, but you’ll remove a barrier to attending the event.

Here’s an example of a successful second chance prom for Relay for Life:

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