|
Must every participant fundraise?
No, you may make a personal donation for $125 instead. It
is a tax deductible donation. Think of it as a "Buy it
Now" entry fee.
Where do the funds from the Echelon Gran Fondo go?
Net proceeds from the Echelon Gran Fondo directly benefit
the LOCAL HOSPITAL’S, CANCER CENTER as well as the Lance
Armstrong Foundation—Livestrong.
Will reaching certain fundraising levels qualify
participants to receive incentives?
Yes! There are various incentive levels for all Echelon
Participants. Visit the Incentives Page for more
information. At each Echelon Gran Fondo the organization
will recognize outstanding fundraising efforts with special
awards during the Saturday night Fundraising Appreciation
Dinner.
Why is there a fundraising minimum?
The primary goal of the Echelon Gran Fondo is to raise funds
to support the millions of people across the globe affected
by cancer. Through the dollars and awareness that we raise,
we can inspire and empower individuals, and we can take aim
at the gaps between what is known and what is done to
prevent suffering and death due to cancer
What percentage dollars will go to the Hospitals, Cancer
centers and Livestrong?
100% of net proceeds with the lion share staying at the
local level.
What are your expense ratios? Who pays for this all?
Events are financed by contributors, fundraisers, and
sponsors. Large established charities typically pay out 75%
of fund raising proceeds to their recipients. That said, we
recognize the hard work of our participants who fund raise
and we want to put on a first class event with great food,
music, a safe course, timing, etc. We expect our expense
ratio to be higher, especially in our first year. Since we
are a charity, our financial records will be public.
|
