On the week of April 8th-12th, Alaka’i will hold its first Penny War! This simple fundraiser is a fun way to involve the whole community in raising money for our school. This particular fundraiser will be to raise funds to buy a full class set of ukuleles!
How Penny Wars Work:
The basic premise of a penny war fundraiser is that learners bring spare change to school for a set period of time, usually a week or two, and deposit it into containers. At the end of the collection period, the change is donated toward a cause, for a purchase within the school, or to an outside charity. The class that nets the most is rewarded.
Each penny is worth one point and counts “positively” toward a group’s point total. Each silver coin or dollar bill gets points based on its value (a nickel is worth five points, a dime is worth 10, etc.), but counts “negatively” toward other groups’ totals. So in a competition between classrooms, learners who want their class to win will place pennies into their own buckets and place nickels, dimes, quarters, or dollar bills into other classrooms’ buckets. In some penny wars, dollar bills are counted positively along with pennies.