What does this mean to you?

posted 4 years ago in The Lounge
  • poll: What does "proceeds from entrance fees" mean to you?
    All money from amount paid at the door : (24 votes)
    52 %
    Money from amount paid at door minus hard expenses (employee and supply cost) : (21 votes)
    46 %
    I don't care... : (1 votes)
    2 %
  • Post # 3
    Member
    7656 posts
    Bumble Beekeeper
    • Wedding: July 2012

    @Jess1483:  It’s 1/3 of entrance fees meaning that if you earn 700 bucks on entrance fees 1/3 of that goes to them.

    Had you worded it 1/3 of entrace fees after all other expenses have been deducted, it would be different.

    Post # 5
    Hostess
    8587 posts
    Bumble Beekeeper
    • Wedding: October 2014

    We do a toys for tots poker run every year, with the proceeds going to toys for tots [also, each rider brings a toy to donate].

    The money that we donate is whats left after all expensive are paid.

     

    Post # 6
    Member
    7242 posts
    Busy Beekeeper
    • Wedding: October 2015

    @Jess1483:  “proceeds from…” = entrance fee less the expenses. If it said “1/3 of your enterance fee… ” THAT would mean 1/3 of the total. 

    Post # 8
    Member
    45169 posts
    Honey Beekeeper
    • Wedding: November 1999

    @Jess1483:  The proceeds from the entrance fees are all the money that is paid for entrance fees. If you are making money in other ways at the same event, (the proceeds from the bar, the proceeds from the raffle etc) that money is not counted towards the donation.

    If the entrance fees are the only source of revenue, someone should have been more careful with their choice of wording. “1/3 of the profit will be donated to…”

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