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3.11.2008 - 11:59pm ET
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Athletic Event Fundraising Had Double-Digit Growth In 2007
Charity survey shows top thirty programs raised $1.64 billion, up 12.1%
(CSRwire) ATLANTA, GA - March 11, 2008 - Dollars raised by people willing to exercise
for a good cause grew 12.1% in 2007 and are expected to grow at a similar
rate in 2008, according to the Run Walk Ride Fundraising Council, the
leading authority on athletic event fundraising.
The top thirty fundraising "thon" programs generated more than $1.64
billion in gross revenue for charity last year, up from $1.46 billion in
2006, the council’s second annual "Run Walk Ride Thirty" study
reports.
"The executives who manage these events are optimistic that they will
raise even more money in 2008 in spite of challenging economic times,"
said David Hessekiel, president of the Run Walk Ride Fundraising Council,
which is holding its annual conference in Atlanta today.
"There's growth at both ends of the spectrum from well-established
megaprograms to up-and-coming new programs," Hessekiel said. Key factors
fueling the expansion include technology (improved online fundraising
tools), societal values (doing good is very much in vogue) and the
professionalization of athletic event fundraising as demonstrated by the
formation in 2007 of the Run Walk Ride Fundraising Council, he said.
By raising $406 million in 2007, the American Cancer Society's Relay for
Life dwarfed all other athletic charity events whose participants solicit
acquaintances for sponsorship donations. The top five programs in 2007
were:
| | $406
million | (+8.3%) | Relay for Life | American Cancer
Society | | $125 million | (+9.7%) | Team in
Training | Leukemia & Lymphoma Society | | $116
million | (+5.6%) | March for Babies | March of
Dimes | | $106 million | (+18.1%) | Start! Heart
Walk | American Heart Association | | $95
million | (+26.5%) | Walk to Cure Diabetes | Juvenile
Diabetes Reserarch Fndn. |
"The top five demonstrate the diversity in this field - there's an
activity for everyone from the couch potato to the driven athlete," said
Hessekiel. "Three of the events are traditional, short-format local
charity walks. Relay for Life, in contrast, engages teams of people to
walk around a path for up to 24 hours while Team in Training prepares
supporters to participate in far flung marathons, half marathons,
triathlons and 100-mile bike rides."
Walk Now for Autism led the top 30 rankings for percentage growth by
expanding 49.2% from 2006 to 2007. The top five programs by percentage
revenue growth were:
| | 49.2% to $27.0 million | Walk
Now for Austin | Autism Speaks | | 46.2% to $9.5
million | Buddy Walk | National Down Syndrome
Society | | 34.6% to $35.0 million | Light the
Night | Leukemia & Lymphoma Society | | 34.5% to $10.8
million | AIDS LifeCycle | AIDS
LifeCycle | | 27.1% to $94.5 million | Race for the
Cure | Susan G. Komen for the Cure |
Ninety percent of the top 30 events saw revenue growth in 2007. The top
five programs in terms of dollar growth were:
| | $31.0 million | Relay for
Life | American Cancer Society | | $20.1
million | Race for the Cure | Susan G. Komen for the
Cure | | $19.9 million | Walk to Cure Diabetes |
Juvenile Diabetes Research Fndn | | $16.3
million | Start! Heart Walk | American Heart
Association | | $11.0 million | Team in
Training | Leukemia & Lymphoma Society |
It took at least $6.8 million in revenue to make it into the top 30 this
year, a leap of $800,000, 13.3% more than in 2006. The AIDS Walk NY took
the 30th spot.
In spite of the difficult economic climate, survey respondents are
optimistic they can continue to bring in more money for their nonprofits
in 2008. All 32 of the respondents to this question forecast their
revenue would grow. The average was 12%, but predictions ranged from
1.5% to 100%.
Recruiting more teams and increasing the amount each participant raises
were the two growth strategies most commonly cited by study
participants.
The Run Walk Ride Thirty is primarily based on survey responses from the
professionals who manage well-known athletic event fundraising programs.
If a nonprofit does not participate, the council seeks out public to obtain
key statistics.
A study summary is available at www.runwalkride.com. A CD with
extensive survey data is provided to dues-paying members of the Run Walk
Ride Fundraising Council.
For further information, contact the council at (914) 921-3914 or info@runwalkride.com.
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