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Foundation Overview - Membership Advantages - Application Process
Growth Thresholds - 360Bikers USA Grand Tour Annual Ride
Incomes - Expenses - Board of Trustees - Ride Registration
360Bikers Foundation is created to be a self-funded support system for motorcyclists that are involved in accidents. This is often a time of need for our fellow riders. Through your membership and use of 360Bikers auction and classified ad site and participation in our annual rides the foundation will generate funds to support the foundation. Grants that will help pay for medical expenses, family expenses, and legal expenses will be direct benefits to bikers and their families. Some funding will be used to support lobbyists that support motorcycle riders' rights in both national and state laws.
360Bikers Foundation is designed to be there for you while creating a service entity that you can take advantage of when you need to use it. It is founded on the needs of our fellow riders and the fact that there is no more charitable group of people in the world than bikers. Bikers have always taken care of each other. Our foundation is here to help.
Membership advantages will be listed here as we work with sponsors to create a discount network for members.
Details on the application process for those seeking grants from the foundation will be found here when they are finalized. We hope to achieve the completion of all things related to the foundation by the end of September, 2008.
This portion will demonstrate the growth thresholds designed in the 360Bikers Foundation business plan. It will show how we intend to achieve support for a large number of motorcyclists throughout the years.
360Bikers USA Grand Tour Annual Ride
Each year beginning June 2009 360Bikers will manage the 360Bikers USA Grand Tour Annual Ride. The tour is actually made up of 7 rides in total: The Grand Tour and Regional Tours that are designed to coincide with locations on the Grand Tour.
The Grand Tour will begin in a different city each year and incorporates the USA Four Corners ride, allowing participants to accomplish multiple goals in a single ride. The 2009 Grand Tour will begin in Key West, FL. Over a course of 30 days it will cover more than 10,500 miles and include up to 35 press conferences. It will tour several national and state parks while providing a view of the United States. Obviously, this takes a unique biker to meet the criteria and to have the opportunity to do such a ride. Corporate sponsors are sought for a variety of things from gas to lodging. Each rider is required to get donation pledges totalling at least $2 per mile. With the exception of expenses of 15% or less, the entire proceeds will go to the foundation to support fallen riders around the country. Sponsors will significantly reduce the expenses as they participate.
The second level of the tour will consist of six 360Biker Regional Tours. These will join portions of the Grand Tour for the ride, giving us a great presence on the road. There is a regional tour for the southeast, northeast, north central, northwest, southwest, and south central United States. Canadian riders are invited to join in this great ride as we also pass through parts of Canada in the process.
Our first year goal is at least 10 riders in the Grand Tour. This combined with donations and sponsors can produce over a quarter million dollars. Sponsor information will appear on the 360Bikers USA Grand Tour page as the year progresses. Riders and sponsors will enjoy a gala award ceremony at the end of the ride in Key West this year. Patches, pins, and plagues will be awarded to riders for a variety of achievements and to sponsors who have given so much to our charity.
The 360Bikers Foundation will draw money from three primary sources. The first will be the proceeds from users of the web site. In the process of creating a premier site for bikers to buy and sell motorcycles and related materials we will create the primary funding source that will support our fallen brothers. The second income source will be our rides and the donation pledges that are fulfilled from them. Finally, we will have sponsors and advertisers that will benefit from our site. Their payments will go towards the funding for 360Bikers Foundation.
Expenses for operating the site, programming considerations, legal expenses, promotional costs and related expenses will be the primary non-charitable costs in operating 360Bikers Foundation. With growth there may be a need to employees and related staff expenses. At no time will the expenses exceed 50% of the annual income of the foundation. It is our goal to have 80% to 90% of income dedicated to helping those bikers in need.
Our 2009 goal of $500,000 will provide between $250,000 and $450,000 to be paid towards the needs of fallen bikers and their families. With your help we will make this goal.