Very large raffle tickets go out fast


Tickets are going fast for the North Idaho College Foundation’s largest public fundraiser, the Really BIG Raffle.

Rayelle Anderson, executive director of the foundation, said they had already sold 1,000 raffle tickets to win a newly built house, surpassing sales from the previous year by 100%.

Each year, the foundation partners with the NIC Carpentry and Building Technology program to build a new home. Students enrolled in the program build the house under the supervision of the program instructor and in collaboration with regional contractors.

Steve Masterson, chairman of the foundation’s board of directors, said there were no more tickets every year for the past eight years he was on the board, and expects them to be are selling again this year.

The grand prize for 2022 is a three bedroom, two bathroom ranch house with a bonus room upstairs, built in the North Place community of Greenstone Homes in Post Falls. It has 2,415 square feet of living space and a three-car garage, valued at $ 515,000.

The other prices include:

• First place, a 2022 car estimated at $ 32,000

• Second place, a furnishing gift card valued at $ 2,000

• Third place, a package of smoker / barbecue meat valued at $ 1,500

For those who purchase tickets or mail orders before April 20, two $ 1,000 Costco gift cards will be drawn for early bird prizes.

All winners will be drawn virtually at 7:00 p.m. on July 13 by an auditor from Moss-Adams, LLP.

Only 5,000 tickets will be sold, 500 less than last year, and no less than 4,000.

Tickets cost $ 150 each; that’s an increase of $ 50 per ticket to help offset the rising cost of construction and materials in the house.

Masterson said the fundraiser is particularly aimed at supporting the carpentry program and the foundation’s operations.

The foundation provided more than $ 1.1 million in scholarships last year. However, Masterson said that in the long run, that amount could be affected by the significant loss of legacy gifts.

The foundation lost between $ 4 million and $ 5 million in legacy gifts, which are future gifts that are part of donors’ estate plans.

Masterson confirmed that longtime sponsors have indicated that they will not continue their contributions for the foreseeable future. He said the foundation had received several communications from donors concerned about the actions of the board.

Masterson said the scholarship amounts are based on a three-year moving average of endowment funds, so there won’t be a significant short-term impact on the stock markets, but what could happen in the long run. term is unknown.

For at least the next two years, Masterson said the stock exchanges will most likely continue roughly where they are now, as endowment fund balances have been high over the past two years.

“What really concerns us, with these legacy donations, is that the amounts will not continue to increase,” said Masterson.

Masterson said if college costs go up and enrollment goes up, but endowments don’t go up because people don’t donate, there will be fewer scholarships available in the future than there are. otherwise it would not be for scholarships.

To get tickets for the Really BIG Raffle, go to nic.edu/rbr. Online ordering is temporarily unavailable during the holiday closing and will reopen on January 3.

To donate online to the NIC Foundation, visit nic.edu/foundation/giving or send a check to the college.


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