J at Budgets are Sexy wrote on Monday about his conscience and saving money at the gas pump. Making money and ethics was on my mind this week because I had won several tickets to the 5th Annual Congressional Blues Festival at Kennedy Center. I won them for free in a raffle and asked my musically inclined friends if they wanted to go, but alas one had class, etc. etc... I decided to sell them, but had hestiations.
The festival is a lobbying event for a non-profit that aids Blues musicians. They get corporate sponsors to pay for the event, but also sold tickets to the event for $35. In addition, they had a random lottery that awarded (i don't know how many) tickets. In an email - they did mention that more than 6,000 people were in the lottery. Anyways - if you were in this position would you sell the tickets? for how much?
I think selling tickets for more than face-value is illegal (i really have no clue about legal stuff). I don't know how that applies to a ticket I received for free, but has a value of $35. I sold the tickets for 10 bucks each and was thanked by the buyers for not inflating the price. But still - I almost have an inkling to donate the money I made from those tickets to the music makers foundation. Thoughts?