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  1. #1
    Senior Member Hendricks97's Avatar
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    Raising money for charity question

    Im thinking about doing a huge local ride that requires a specific goal for amount raised based on how far you ride. If you dont reach that goal, you are required to pay the difference yourself. It actually makes me think I dont want to do it just in case I end up having to pay a large amount at the end. Im already paying a big entry fee to start with. Has anyone else ever come across this?

  2. #2
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    My opinion: pay the entire entry fee and minimum donation yourself. Your friends and family will be impressed by your commitment to the charity and may add to that amount, which helps the charity even more.

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  4. #3
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    Quote Originally Posted by johnny99 View Post
    My opinion: pay the entire entry fee and minimum donation yourself. Your friends and family will be impressed by your commitment to the charity and may add to that amount, which helps the charity even more.
    There are rides that have you on the hook for $5000 or more. That's a tall commitment for a lot of people, especially younger folks.

  5. #4
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    Quote Originally Posted by mprelaw View Post
    There are rides that have you on the hook for $5000 or more. That's a tall commitment for a lot of people, especially younger folks.
    If you can't afford it, then look for cheaper rides. Asking other people to pay for your vacation just sounds wrong to me.

  6. #5
    Senior Member Hendricks97's Avatar
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    The entry fee is already around $200.00, then the fundraising goal is in the thousands. Is this a common practice? Wouldnt this keep away alot of people?

  7. #6
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    Quote Originally Posted by Hendricks97 View Post
    The entry fee is already around $200.00, then the fundraising goal is in the thousands. Is this a common practice? Wouldnt this keep away alot of people?
    They are looking for a small group of rich people to participate. I never sign up for rides like that.

  8. #7
    Senior Member iforgotmename's Avatar
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    Seeing that you are from Ohio you might want to cinsider The Pan Ohio Hope Ride http://community.acsevents.org/site/...41540&pg=entry I did it last year and it was well worth the entry fee. You are only required to raise $500 to ride. I need to get signed up myself so I can start fundraising.

  9. #8
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    If you don't mind my asking, what ride is it?

  10. #9
    Senior Member Hendricks97's Avatar
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    Its Pelotonia and I just found out the entrance fee is $100.00, not $200.00

  11. #10
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    That's what I thought you might have been referring to. I rode the 43 mile route last year. It was my first time doing an event, or riding that far in general... So I can't comment how common the requirements are.
    I was really nervous about raising the money, but somehow it came through. Make good use of any social networking sites you are on, and start early and often.
    On a personal note, the event was an increadable experience and I'm planning on doing the 100 this year. I'm by no means rich so it's a huge commitment, but I think it's worth it. $25 million raised in 3 years for cancer research is impressive and it was really awesome to be a part of it last year.

  12. #11
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    Quote Originally Posted by johnny99 View Post
    They are looking for a small group of rich people to participate. I never sign up for rides like that.
    I'm not so sure this is true, as this ride would indicate:
    http://www.pmc.org/profile/CB0114

    http://pmc.org/

    Thousands of riders, thousands of volunteers, $200 reg. fee with up to a $4300 commitment depending on route you choose. This will be my 12th ride; wouldn't miss it. Some how I seem to figure out how to raise the $ and I kick in a chunk of my own. If you have friends that work for companies that match funds, that can be the "holy grail". I raffle off items in some cases, team fund raising events, etc. As the shirts say; "Commit - You'll figure it out!" BTW - I'm FAR from rich, just watched a 9 year old get taken by a brain tumor. I'm motivated, not rich....

    Best of luck regardless of what you decide!
    HELP me help Dana Farber beat cancer! http://www.pmc.org/mypmc/profiles.as...eGiftID=CB0114

  13. #12
    Lover of Old Chrome Moly Myosmith's Avatar
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    I signed up for the Tour de Cure for the American Diabetes Association. There was a $25 entrance fee and a $150 fundraising commitment but you could set your goal as high as you wanted. There are appreciation gifts for raising larger amounts but the $150 gets you in and gets you the t-shirt.

    Charity rides are about raising money, so a higher entrance fee or a fundraising commitment is completely reasonable. I'm glad there are some in my area with lower limits as it can be difficult to raise large amounts multiple times in a small rural community.
    Last edited by Myosmith; 02-18-12 at 07:18 PM.
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  14. #13
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    My girlfriend and I are thinking about doing the "Tour de Keuka" ride for Juvenile Diabetes Research this summer, thankfully for us its a $10 sign up fee and $50 is the minimum you have to raise to ride. We both hope to raise $250 once we sign up so we can both get jersey's from the event
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