I posted this in the Super Fabulous Letters
If someone is good with the right power tools, I'm convinced that making the letters seen on the above thread and selling them to the other GLOs unpainted (or with just a plain white background) would make some serious money. You could even then hold a contest for the Best Decorated! Use different catagories, such as sorority, fraternity, small letters, large letters, etc.
I see this as a win-win fundraiser, even though I usually am against a fundraiser that cannabalizes a group.