Turning Liquidation into Opportunity: Sapphire Community Projects' $30k Fundraiser

Strategic Insights -

Sapphire Community Projects, a non-profit organization in Bega Valley, has turned the liquidation of a fashion store into a $30,000 opportunity to support local charities. The charity was given the authorisation to sell the store's stock, including clothing, racks, and computers, and raised an impressive $30,000 on the first day alone. The funds will go towards supporting two local charities: Ricky's Place and Sapphire Community Pantry. With the help of Bega Village and Merimbula Square, the shopping centre is proud to continue its partnership with the Sapphire Community Pantry, donating stock to assist with their fundraising efforts.

Key Takeaways:

  • Sapphire Community Projects raised $30,000 through the sale of liquidated stock from a fashion store, with funds going towards Ricky's Place and Sapphire Community Pantry.
  • The charity used the funds to support its food hamper program, which has done close to $23,000 in food hampers over the last financial year.
  • Bega Village and Merimbula Square have a long-standing partnership with Sapphire Community Pantry, assisting with fundraising endeavours and donating stock to support their efforts.
  • A food donation bin is located near Woolworths at Bega Village, making it easy for shoppers to support the Sapphire Community Pantry's efforts and their local community.
  • The charity's manager, Mandi Rush, said they were "over the moon" when they heard they were being given the opportunity to sell the store's stock and support local charities.

Statistics:

  • $30,000 raised through the sale of liquidated stock
  • Close to $23,000 raised through the charity's food hamper program over the last financial year
  • First day sales at the charity shop were like a "Black Friday sale", with some customers taking an hour and half to reach the checkout.

Sources:

  • "Bega independent, Bega Valley Shire News"
  • Mandi Rush, manager of Sapphire Community Projects, in an interview with the Bega Independent
  • Joanna Ravan, retail property manager for Bega Village and Merimbula Square, in a press release