Old and Rusty wrote:diggler wrote:http://www.bicyclensw.org.au/content/spring-cycle-fundraising
Only $5 goes to charity.
Entry fee also doesn't include insurance.
Spring Cycle riders who are Bicycle NSW members are covered under Bicycle NSW Member insurance which includes Personal Accident and Public Liability cover. Spring Cycle riders who are not Bicycle NSW members are not covered from this insurance.
I guess if you have to pay for all the cops, it does cost money.
City to Surf costs $60 and it has sold out. Sydney people obviously don't think it is too expensive.
I thought that costs of fundraising weren't allowed to exceed 50% in NSW
This is from the NSW Govt Fact Sheet
Persons or organisations conducting appeals
for donations only must take all reasonable
steps to ensure that total expenses payable do
not amount to more than 50% of the
In all other forms of fundraising, such as the
sale of goods and services, the return must be
fair and reasonable."
Perhaps they have some kind of dispensation.
I don't think the ride is primarily a fundraiser. I think the provision you are referring to is more like the Salvation Army must not use up more than 50% of donations from fundraising in costs.