Roadracing World Action Fund Tops $260,000 For Soft Barriers

Roadracing World Action Fund Tops $260,000 For Soft Barriers

© 2003, Roadracing World Publishing, Inc.

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The Roadracing World Action Fund recently collected nearly $7000 in new donations, bringing the total collected to $260,530.

Daniel F. Haft, director of the Joseph C. and Esther Foster Foundation, wrote, “I am pleased to enclose a contribution of $5000 from the Foster Foundation to the Roadracing World Action Fund for 2003. For the second year in a row, we welcome this opportunity to be a part of your organizations’ effort to bring airfencing and other safety measures to the sport of motorcycle racing around the country.” The Foster Foundation’s total contribution to the Action Fund now stands at $15,000, making it the second-largest contributor behind the Lockhart Phillips USA Project Bike Raffle.

Company-sponsored contribution programs continue to boost the Roadracing World Action Fund. BBVR’s Rider Safety Campaign provided a $125 donation associated with sales of their Ontrack Wheel Alignment System, and according to BBVR President Mark Bremer, buyers included one factory racing team. Traxxion Dynamics sent $750, the result of a pledge of $5 per “Suspension for Mortals” video or DVD sold.

Other repeat contributors include Matthew Kennedy, who added $50 to his former contribution of $50 for a total of $100, while John Stewardson’s donation of $9.45 brought his total to $69.45 and Frank Gonzales of Speed Cycles added $20 to his former donation of $20. Moto Liberty donated $100, then sold a used suit and donated the proceeds of $250, for a total of $350.

CCS Midwest racer Matthew Carr called in a donation of $50, and his inspired parents, Bill & Maggie Carr, joined in with a $250 donation.

Todd Clark made his contribution of $100 “In memory of Trent Dailey.”

Other recent contributors include Nathan and Angela Church, $100; and Eric Hinz, $60.



Summary of Recently Posted Contributions

The Joseph C. & Esther Foster Foundation, Inc. $5000
Traxxion Dynamics, $750
Moto Liberty $350
Bill & Maggie Carr, $250
BBVR, $125
Nathan and Angela Church $100
David H. Haynes, $100
Todd Clark, $100
Eric Hinz, $60
Matthew Carr $50
Matthew Kennedy $50
Frank Gonzales, $20
John Stewardson, $9.45

The Roadracing World Action Fund is a 501.c.3 not-for-profit organization with a mission statement to help prevent racetrack injuries by educating race organizers, racetrack officials and racers on the benefits of using soft barriers.

Accounting Details
Road Racing Expenditure Details
Updated 12/30/2003

Direct purchase of soft barriers: $101,350
Shipping/Customs: $5654.75
Bank Fees: $344.05
Soft Barrier Deployment Crew Training: $700
Transportation & Installation: $4689.47
Corporation/Business Fees: $612
Online Auction Fees: $221.99
Printing: $346.42
Misc Supplies: $39.59
Donation to AMA Pro Racing for purchase of soft barriers: $104,104

Total Spent: $218,062.27

Total Donations Collected $260,529.75
Misc. Income $92.32

Cash on hand: $42,559.80


Dirt Track Expenditure Details

Direct purchase of soft barriers: $9200
Shipping/Customs: $2717.72
Transportation & Installation $2174.77

Total Spent: $14,092.49

Total collected: $18,697
Cash on hand: $4604.51

All administrative costs, including the percentage taken by credit card companies on credit card donations, have been absorbed by Roadracing World Publishing, Inc.

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