How much money from the events will be returned to the LAF?
The honest answer to your question is that we don’t know and it depends. As you know, the LAF has always prided itself on returning the highest amount of donor investment back into our programs and services. Our commitment to being good stewards of donor dollars has not wavered; however, we anticipate our administrative costs will increase with the launch of the LIVESTRONG Challenge and the addition of new locations. We carefully considered the balance of costs and believe that the added expenditures will pay off in the long run by enabling us to reach far more donors and raise far more dollars for cancer survivors. While we are disappointed that our 80% ratio will likely be affected the first few years, we expect the number to bounce back after the initial investments have been made.
