Collect school supplies and make up shoeboxes full of essentials, send them to less fortunate families for their children or give them to a local shelter with kids (like a battered womens and children's shelter). You can also send them to help those that had to endure Katrina and may not have the money for school supplies.
Clothing Drive - Have everyone bring in non-ripped, clean, washed clothing that they no longer fit into or need to get rid of. Send them to a shelter with kids in it, like the one I mentioned above. Get a small prize and if someone donates, give them a raffle ticket.
Carnival - set up a carnival, where teachers and parent volunteers run and set up booths. Charge for activities like a dunk-a-teacher, or cake walks (those are fun, you just ask parents to make cookies and goodies and donate them to your carnival, set up numbers on the ground 1-10 and charge .50 or $1 to join in, play some music, they walk, when the music stops, everyone should be on a number, pull a number out of a hat, then give that person their cake, cookies, etc.) If you do the cakewalk it can make alot of money. Donate all the money you make to Feed the Children or another charity.
You can do a car wash and ask for donations or charge $2 or $3. Local gas stations will usually let you use their lots for free as long as you are out of the way. Donate the money.
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