Pulse March 2024 | Page 62

ISPA FOUNDATION FOCUS

ARE YOU PART OF THE 9 PERCENT ?

A COMMUNITY UNITED IN PURPOSE : ISPA Foundation sets goal of 100 percent member participation
ONE OUT OF EVERY 11 ISPA MEMBERS donated items and services to the 2023 Foundation Auctions . That participation rate — roughly nine percent of all members — yielded nearly $ 150,000 in funds for the Foundation to expand its research , lobbying activities and education initiatives . Those nine percent are the visionaries who know we have an opportunity to expand our industry ’ s influence in and on the multi-billion-dollar international hospitality and wellness industry .
Can you imagine if two of every 11 members had donated an item or service ?
What additional efforts could be funded if half of our small community of spa leaders stepped up ?
What amazing strides forward would the spa industry make if we rang the bell for 100 percent involvement ? If the number of ISPA members partaking in the
Foundation Auctions doubled each year , we would reach 100 percent participation by 2027 . Assuming the same $ 792 average value per donor as we saw last spring , the 2027 Auctions proceeds would top $ 1.6 million that year ! Those dollars would directly go toward elevating our Association .
The Win-Win-Win of Foundation Auction Donations Every donor makes the ISPA Foundation a winner in the goal to fundraise for spa industry growth initiatives . But each service or item donated has two additional winners : The winning bidder and the donating company or individual ’ s brand .
What initiatives would you prioritize to support our spa industry with $ 1.6 million ? Share your thoughts at ispa @ ispastaff . com .

WHAT ’ S POSSIBLE WITH INCREASED PARTICIPATION

$ 1,636,333
1
$ 1,178,160
MEMBERS DONATING
REVENUE ACHIEVED
$ 589,080
$ 147,270 ❑
$ 294,540
9 % 18 % 36 % 72 % 100 %
60 PULSE n MARCH 2024