#1 2010-05-15 12:23:06

nathasha
Member
Registered: 2010-05-15
Posts: 1

Texas 4000 for Cancer - ATLAS Ride Saturday, June 5 8am

Ride Day 1 with the Texas 4000 for Cancer team as they begin their epic journey cycling from Austin to Alaska raising Hope, Knowledge, and Charity in the fight against cancer!  The ATLAS Ride is open to the entire community and offers you the chance to join the fight and ride with the team for their first 25*, 50, or 70 miles.  ATLAS is on Saturday, June 5 at 8am.  The ride starts at Running Brushy Middle School and finishes at Pillar Bluff Vineyard in Lampasas (*25 mile route loops back to start).  The ride is fully supported and transportation back to the start is available.  We will have live music and BBQ at the finish line in Lampasas.

Registration and more info at www.atlasride.org

Texas 4000 for Cancer - Cycling from Austin to Alaska, Fighting Cancer Every Mile

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#2 2010-05-27 21:00:18

Anton Berlin
Member
Registered: 2010-05-27
Posts: 1

Re: Texas 4000 for Cancer - ATLAS Ride Saturday, June 5 8am

This is a very poor way to donate money for cancer research.   According to their Form 990 for 2008 - filed with the IRS, $447,396 was donated to the organization of which only $227,000 went to the category 'Program Expenses'.

A staggering 49.3% of the monies donated went to Executive compensation, bicycle equipment, food. gas and other support costs as well as fund raising costs. For comparison; 86% of money donated to Susan G Komen Foundation goes to 'Program Expenses' while the American Cancer Society is also a high 80% efficient.

(To see the Form 990s for this charity - free subscriptions are available at www.guidestar.org )

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