Velvet Ribbon fundraiser at Telluride's Sheridan Opera House
The Velvet Ribbon exchange is an original fundraising idea, a chance to give to the Sheridan Arts Foundation, at the same time receive something fabulous for yourself in return. Quid pro quo in action.
Throughout the month of December, the lobby of the Opera House doubles for the inside of a gift store, white gift boxes tied with red velvet ribbons throughout. The boxes, numbered 1 – 50, are all on sale for $250, but the individual contents are a secret until the donor opens the box associated with the number he picks.
Prizes range in value from $100 – $8,000+, but the majority of items are valued over $100. In addition to his prize, each purchaser receives a $150 tax deduction letter for the donation made to the Sheridan Arts Foundation, a 501(C)(3) nonprofit.