Thanks to Kathleen Pender at the San Francisco Chronicle for a really great write-up of the activity, pluses and minuses of what was once a rare but now more frequent nonprofit fundraising tool: the Dream-Home Raffle.
The Dream-Home Raffle, is as it sounds, the raffling of a luxury house although sometimes just a really big pool of cash. One big lesson: a nonprofit's board really has to understand this activity (as they should with any big fundraising effort) before making the commitment.
Anyway, I do Kathleen Pender a disservice to say more but the article provides great and detailed insights to this form of fundraising where some nonprofits can actually do quite well.