I think the worst ones are the rides and weekends. They meet all legal requirements but the ride to conquer cancer only gets about 50% of the dollars to research. So if you donate to riders you are really paying half for their fully supported bike ride and half to cancer.
Cant find the source anymore though with a quick google.
I do the ride every year, and from what I know of it, the sponsors pay ALL costs related to the ride. None of the fundraising goes to supporting the ride. I was actually curious how peopel feel about that one as I have to do quite a bit of fundraising.
Just checked the website, it seams that section is incomplete....
Quote:
How much money raised by The Enbridge® Ride to Conquer Cancer® goes to the cause?
All donations go immediately to the . Proceeds from the event stay in our province and will deliver breakthrough research, screening programs, exemplary teaching, and compassionate care at the .
I have sent them an email, I'll let you know what they say.
Here is the 3010 report from the federal government. You could make the arguement that they have that all personal donations go to Cancer research and corporate sponsorship pays for the event but to me that isn't really being genuine as those corporate dollars are being sought after by many charities.
Compare to the united way which returns 90% of revenue to other charities.
[url]Compare to the united way which returns 90% of revenue to other charities.
That doesn't seem like an appropriate comparison.
What's the actual return on the dollars to the United Way?
ie; Those charities will have overheads of their own.
That doesn't seem like an appropriate comparison.
What's the actual return on the dollars to the United Way?
ie; Those charities will have overheads of their own.
The Alberta cancer foundation is purely a fundraising company so I think the comparison is valid.
In fact the united way spends 17% on direct charity programs whereas the Alberta cancer foundation spends 7%
The Alberta Ride to Conquer Cancer is a historic event for the cancer community in Alberta. In 2015 we raised $7.9MM as a group, bringing the 6 year total to $46MM. The Ride is the largest fundraiser of its kind in Alberta history...funds that are invested directly in Alberta that quite frankly would not be available to the cancer community if not for the Ride. With this, the Alberta Cancer Foundation has become the largest cancer foundation in Alberta, investing in cancer prevention and screening, enhanced care and research across Alberta.
Impacts We understand how important it is to make smart investments with donor dollars and we strategically invest in projects that have a clear impact on patients. The funds raised from the 2014 Enbridge Ride To Conquer Cancer were in large part invested in clinical trials, the Tomorrow Project, and the Alberta Cancer Research Biorepository.
Clinical Trials Simply put, clinical trials save lives. For patients, clinical trials mean access to the best cancer treatment, new drugs, promising novel therapy and optimism for the future. Trials can test the efficacy of hormone therapy, chemotherapy, radiation and immunotherapy, look at combinations of treatments and test new methods of surgery that are less invasive. Alberta is a national leader in this vital area and support from The Enbridge Ride to Conquer Cancer ensures we keep it that way.
Tomorrow Project Why do some people develop cancer and others do not? This is the question many of us and the large-scale Tomorrow Project are looking to answer. Researchers will determine what causes cancer by recruiting 50,000 Albertans to provide biological samples and respond to questionnaires over the course of 50 years. It is the single largest research study ever conducted in Alberta and The Enbridge Ride to Conquer Cancer makes it possible for the Alberta Cancer Foundation to continue funding its operations.
Alberta Cancer Research Biorepository Biorepositories collect tumour samples and data that are later used for research purposes. Having a collection of samples here in Alberta provides researchers with the information and tools they need to conduct cancer research. This helps speed up progress and leads to more discoveries. Samples from the biobank have already been used to decode a form of breast cancer genetics. And that’s just the beginning. Imagine the possibilities with thousands of samples. Researchers are now identifying gene profiles among similar tumour groups and finding patterns and linkages that otherwise would be impossible. This allows medical teams to screen and treat individuals with these patterns more aggressively. Biobanks transform the way researchers see disease developing and we are already seeing the results of this repository here in Alberta. Funding from The Enbridge Ride to Conquer Cancer helps ensure that Alberta researchers continue to store and utilize these vital samples.
In addition, over the last five years, The Enbridge Ride to Conquer Cancer has supported the following initiatives and programs:
- Colorectal cancer surveillance research program: identifies ways to detect reoccurring cancer before it’s too late. - Ocular brachytheraphy program: allows eye cancer treatment to be offered here in Alberta. - Patient journal giveaways: provides newly diagnosed cancer patients with a journal containing important cancer information and resources. - PET/CT scanner at Edmonton’s Cross Cancer Institute: allows for earlier cancer detection and four times more people can be scanned each day. - Provincial patient navigator program: provides assistance to cancer patients by connecting them to resources and cancer care services. - The Alberta Cervical Cancer Screening Program: encourages women across the province to get screened. - Glioblastoma Research: helps discover more about the deadliest form of brain cancer. - Trainee and fellowship programs and grant program: supports cutting-edge research and helps develop the next generation of cancer researchers.
Costs of the Ride While standard practice does not allow us to share specific information about the logistics costs to run the event, our target each year is 30% and we have been able to hit it. This investment covers all of the marketing, fundraising and administration required for the 12-month program as well as safety, nutrition and event delivery for the 2-day event. As discussed, an outdoor event of this nature with 2,000 participants on open roads requires professional management and delivery to ensure the highest level of safety for our Riders.
There are several important considerations related to this investment: Matching Fund Multiplier The investments that ACF makes in Alberta from the Ride make available follow-on investments from other granting sources. As an example, the $500k ACF invested in the Tomorrow Project in 2014 made possible an additional $2.2MM from a 3rd party granting organization…a 4:1 leverage that would not be possible if the ACF had not made its investment. Similar multipliers have been demonstrated for Clinical Trials (4:1) and the Alberta Cancer Research Biorepository (1:4). This multiplier further drives down the ultimate cost to raise a dollar through the Ride, and more importantly drives much needed additional funding for cancer research, prevention and clinical care that otherwise would not be available if not for the Ride.
In a recent address, Dr. John Mackey shared that with the $1.2MM contributed by the ACF to Clinical Trials at the Cross Cancer Institute they were able to attract an additional $8MM of follow-on funding. Ride funds made this possible.
Awareness Generation Further, the marketing investment in the Ride, whether traditional, digital, or through social media accomplishes even more than the $8MM raised directly by the Ride. It engages Albertans around the cause, educating them and getting them involved in a way that delivers real ongoing benefits to the cancer community in Alberta and our vision of a cancer-free future.
Learning and Sponsorship Each year we become more efficient, are able to negotiate better deals with suppliers, and bring new corporate sponsors to the event. Our objective is to have 100% of the costs to run the ride covered by cash and in-kind sponsorships from corporate partners. This is something that the PanMass Challenge and the BP MS150, both mass-participation cycling events in their 3rd decade, have each now achieved. We're on the right track.
So it sounds like 30% goes to funding the ride. Some interesting things to keep in mind in that there are spin-off benefits to spending more, as I marked in bold that bring in more money that probably don't show up in the CRA data. I always suspect when we see these articles about how much goes to overhead that some charities can do more by spending more, as the old adage goes, and its not just about wasting money.
Should charities pay competitive wages to their executives and staff to run the charities? They're still competing with for profit companies for executives and staff. It's kind of a catch 22. Pay them competitively, and you get non profit executives making similar to for profit executives, and the donating public getting mad. Pay them less, and you get second rate executives and risk the charity not run as well as it could be.
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Should charities pay competitive wages to their executives and staff to run the charities? They're still competing with for profit companies for executives and staff. It's kind of a catch 22. Pay them competitively, and you get non profit executives making similar to for profit executives, and the donating public getting mad. Pay them less, and you get second rate executives and risk the charity not run as well as it could be.
Yeah, your searching for a happy medium for sure. I think we're a lot of people get mad is when the upper executives get a bunch of perks and CEO type salaries.
