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CMAA 2008 Economic Impact Survey

VIII. Charity Fundraising Just over half the clubs surveyed sponsor or host charity or fundraising events in support of more than 150 different community and national organizations. Some of the more commonly supported causes included fundraising for breast cancer, local hospitals and hospice care providers, children’s charities such as the Make-A-Wish Foundation, local schools and support of military troops and their families.

Region

Average Charitable Contributions

Total Projected Charitable Contributions

West Mid-Atlantic Midwest Northeast Southwest South Total

$145,000 -- $85,673 $78,000 $340,000 $183,000 $166,650

$52,635,000 -- $14,235,000 $34,476,000 $65,280,000 $134,798,700 $385,794,750

Overall, clubs raised a projected $385 million for charitable causes. Clubs in the Southwest had the highest per-club average for charity funds raised ($340,000) which was significantly higher than the average of all clubs ($166,650). However, clubs in the South had the highest total charity funds raised, reaching nearly $135 million. Table 12 shows the total funds for charity raised by the clubs in each region.

Table 12: Average and Total Projected Charitabl

e Funds Raised by Region

  • --

    Insufficient data for statistically valid projection

IX. Internships and Scholarships Funded Fourteen percent of CMAA member-managed clubs offer educational scholarships, distributing a total of $7.6 million worth of scholarships each year. Clubs in the Northeast and Midwest had the highest scholarship disbursements, totaling approximately $2.6 million each year.

Of the clubs with scholarships, 71 percent are available to children of non-members, thereby making approximately $5.4 million in scholarships available to students in the club’s community. Table 13 shows the projected amount of scholarship funds annually distributed by the clubs in each region.

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