Originally Posted by bikebundy
That's great news. I've seen many of these charity tours actually end up being a scam that is used to pay for the person's fun. They will raise $3000 for charity and then $2500 of the money goes for their personal expenses and fun.
I'm glad to see you are using your own funds to fund this trip.
I wish you all the best.
What's wrong with some one taking a small percentage of a contribution to help fund a cross country tour? If you are up front and tell whoever is donating that 10% of the contributions will be used to help fund the tour, do you think that is a problem? I know that is what I'm planning to do, with the charity's blessing. I also plan on giving the option of giving a contribution directly to the charity, through a web page that they will set up, if people are not interested in helping to pay some of the costs associated with organizing a tour.
Based on the fact that I will be leaving work, actively pursuing fundraising, and putting a lot of my own money into the tour, I feel this is perfectly acceptable. Any thoughts?
ps. I agree that taking 95% of contributions to put towards personal fun is a scam. But that's why you set up a 501 c3, since there are rules that govern their fund raising.