Who gets the race proceeds?
In the unlikely event that the race turns a profit, all proceeds will be donated to the American Heart Association in honor of the race director’s father, who died of a heart attack in 1994 at the end of his daily run. We’re not out to raise money, though, and our poorly-conceived race budget is such that our expenses will be close to our expected entry fee income. If we wind up with a low turnout, we may actually lose money on the race. Well, the race director would lose money, since he’s paying for everything out of pocket. Truly a stupid idea!
In the unlikely event that the race turns a profit, all proceeds will be donated to the American Heart Association in honor of the race director’s father, who died of a heart attack in 1994 at the end of his daily run. We’re not out to raise money, though, and our poorly-conceived race budget is such that our expenses will be close to our expected entry fee income. If we wind up with a low turnout, we may actually lose money on the race. Well, the race director would lose money, since he’s paying for everything out of pocket. Truly a stupid idea! The 2008 race did wind up in the black, and we were able to donate $199.36 to the AHA.
