A question was recently asked of the LVRR, “Where does my entry fee go?” Perhaps it is the fault of the Club that we should better communicate where our finances go. Let’s consider that we, you the Club, endows seven scholarships each year, add to that the huge amount of grants that the Club provides to various youth groups, not to mention the stipends doled out to the organizations that provide service that helps the half marathon function. Thrown on top of that, we have to place the cost of our free Youth Run and Kid’s Series that has thousands of participants. The figure is not just blown smoke but is concise. Every penny can be accounted for.
In 2016, the total amount of club philanthropy was $92,000.