That's right, if you get three paying $100 hole sponsors for the Charlie Vettiner Open the club will give you $50 cash. That's enough to cover entry fee for the CVO for most divisions, but you can do whatever you want with the money.
Attached is hole sponsor info sheet. Print some copies of this and take it with you when you talk to companies about sponsoring a hole, it explains everything for you. And if you have a caddy book from last year, take that with you also to show the potential sponsor what it looks like.
Click here to download the PDF. CVO_HoleSponsor.pdf