How is the Harbor to the Bay Ride related to the past AIDS Rides?
Harbor to the Bay (H2B) is an entirely separate entity from the former Pallotta AIDS Ride. H2B is a 501(c)(3) IRS non-profit organization that has no paid staff, no employees, and is run entirely by volunteer efforts. H2B has donated 100% of all participant-received pledges to our beneficiaries. Our financial records are available for public review on the Guidestar.org website. Our operating expenses (postage, signage, accountant fees, etc) are paid by our for-profit sponsors (including Diageo, the parent company of Tanqueray.) Diageo and Tanqueray have generously agreed to sponsor H2B after meeting with our core volunteers and reviewing our business model (which includes transparent access to our financial statements.) The Pallotta Rides are no longer run due to financial misgivings of the event coordinator (which was not a 501(c)(3) charity.) The beneficiaries of the AIDS Rides were greatly disappointed by the collapse, because of their substantial revenue-generating success. However
