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From: Karl Honerlaw <honer...@bc.edu>
Subject: Re: [BC Cycling Alumni] giving back to BC Cycling -
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To everyone who has responded, thanks for the feedback! Let me think about this for a day or two. But for now, any other alumni have any opinions on this? Tom, Chuck, Greg, Johnathan, Vince, Chris, Chelsea, Amanda, Arjun, Jamie, Andre.... I really do appreciate the feedback. It lets you know if what you are thinking makes sense and gives a different perspective sometimes.
| On Wed, 4 Aug 2010 16:14:36 -0400
| Andrew Armstrong <aparmstr...@gmail.com> wrote:
| Hey Karl and Dana,
| I agree with the sustainability concerns of an award / reward approach as
| well as with the point that it may create drama and also supports an
| individual rather than the entire team or program. How would we ensure the
| money is there every year? etc. etc. The real value of something like that
| is the consistency of it year in and year out.
| That's why I favor a general contribution / donation / grant to the club's
| general fund. Of course this requires trusting the current club leadership
| to use it wisely and to enhance growth. As the BC beanpot rep for several
| years and the 2005 Beanpot committee chairman I am actually against donating
| the money to the beanpot on BC's behalf. At least if you want BC Cycling to
| benefit directly from it. During the years of involvement with beanpot I
| never actually saw it pay back any money to any of the clubs from the member
| schools that helps put it on.
| Whatever you decide you may want to give the current club leadership a heads
| up prior to March when you said you would make the donation.
| One thing I have always wanted to see happen is to set-up a Cycling club
| foundation within the BC parameters. Then any alumni or other cycling club
| donations could be made into the foundation and the club would receive the
| interest payments from the fund each year. By doing it within BC then BC
| runs/manages/maintains the fund/foundation. It would be pretty clean and
| easy for all involved and would be sustainable for the club. As the amount
| in the foundation grows so too would the annual interest payments the club
| receives. The challenge with this; however, is that it requires a much
| larger initial donation. When I was treasurer I asked around at BC and was
| told that $50,000 was the minimum amount needed to start such a foundation
| and that that amount would be needed from the outset. I'm not convinced
| that that is the exact way it's done, I think they just told me that to
| deter me as a student and over-state the challenges involved in setting one
| up. I'd like to inquire again with BC about the requirements now that we
| are alumni.
| For example, I know the Texas A&M cycling club is currently in the process
| of setting up such a cycling club foundation and they are only required to
| get $25,000 and have five years to do so. I suggest that we inquire with
| BC through their alumni and/or development offices about our interest in
| setting up a cycling club foundation.
| If we all get our act together before approaching them then we can present
| the development office with a plan: a group of alumni numbered X big in
| size, already committing to y money in initial contributions and raising z
| dollars over an initial campaign of 3-5 years in length to get the fund
| started. If we present them with such a plan they will be more likely to
| say yes even if the amount is less than their normal 'cookie cutter' minimum
| amount. Granted, the downside is that any initial funds would not be
| available to the club this year but we would have to look at it as an
| investment in the long term future.
| So...what do y'all think about that? We could all pony up whatever we can
| to get started and then work in conjunction with the current club to raise
| the rest. I'm sure some current club member's parents would contribute once
| we started raising funds and over a few years we could have a sizable
| So, we should figure out how many alumni we have and what the potential
| 1-year, 3-year, and 5-year giving potential is for each so we can determine
| our potential as a whole group.
| Karl, you said you were thinking of about $1,500 this spring...could you
| repeat that each year for the next five years? $7,500...that's a hell of a
| start to a target of $25,000
| Can anyone else donate? 35 more people at just $100 per year over five
| years gets us there. Or 17 more people at $200 per year for five years...
| I know that it sounds daunting but if someone else steps up with a larger
| contribution...we get current parents involved...perhaps older, more
| established alumni...and boom we're there.
| On Wed, Aug 4, 2010 at 2:05 PM, Dana Prey <djp...@gmail.com> wrote:
| > Hey Karl,
| > You can see who is on this mailing list by going to the members section of
| > the Google Group here:
| > http://groups.google.com/group/bc-cycling-alumni/members
| > For contributions/rewards: I think they would be best utilized for
| > active/regular team members. I don't necessarily think having an inter-team
| > competition for one or two scholarships would be all that beneficial -- it
| > might create drama, and the selection criteria is subjective, and only one
| > or two people actually benefit in the end, which doesn't really go along
| > with the spirit of running a club sport. I'm also concerned about
| > sustainability of this type of reward -- how likely is it that there will be
| > this much money to give out every year? Would this only happen once? I think
| > consistency is one of the most important aspects of running a club team.
| > It's a nice and generous idea but I don't think it's sustainable long term.
| > I do like the idea of reimbursing those who race -- that way the ones who
| > race the most are the ones rewarded. Those who are out there every weekend
| > should be supported, whether they're an A rider or an intro. A training trip
| > with some kind of subsidy is also a good idea. Promotes team bonding, gets
| > good training in, makes it a viable option for more team members to attend
| > with the additional financial support.
| > Anyway, just some quick thoughts..
| > Dana
| > On Fri, Jul 30, 2010 at 1:25 PM, Karl Honerlaw <honer...@bc.edu> wrote:
| >> Hey BC Cyling Alumni,
| >> I am not sure exactly who gets these emails, but to those of you who donâ€™t
| >> know me, my name is Karl Honerlaw; I rode with the club all 4 years I was at
| >> BC, raced all four years, and was the club president my senior year. For me
| >> (as I am sure for most of you) the cycling club was one of the true
| >> highlights of my time at BC. BC Cycling helped me discover the sport of
| >> cycling, get involved with racing, improve as an athlete, grow as a leader,
| >> and was where I made some of my best friends. Probably also like most of
| >> you, I hope that the club can provide the same advantages to current and
| >> future club members as well, and hopefully improve over time.
| >> Even though I am no longer a member of BC Cycling, I still want to give
| >> back to the club. And now that I am a college grad and employed full time I
| >> feel I am able to make some kind of contribution.
| >> So, I am reaching out to past BC Cycling alumni for some advice on how I
| >> might best be able to do this. I would like to make a contribution that
| >> helps strengthen the team, makes it more competitive, rewards ridersâ€™ hard
| >> work, or makes being a member more enjoyable. At the same time, I donâ€™t want
| >> any contribution to be wasted, or have team members become overly focused on
| >> money.
| >> Just to give you an idea, I am planning on a donation of $1,000-$1,500
| >> that would be given in the spring (March-April).
| >> Here are a few ideas I have had:
| >> 1. Simply donate the money to the teamâ€™s general fund. This gives them the
| >> freedom to spend it as they wish and makes them less dependent on the
| >> budgeting by SOFC. However, will BC give the club less money if they have
| >> money from fundraising and donations?
| >> 2. I had the idea of creating like a scholarship/reward for the best (or
| >> top two) rider/s. This would be money that could only be spent to help the
| >> individual improve as a student (ie on tuition) or a cyclist (on something
| >> bike related like a new bike, a training trip, coaching, etc.). I had this
| >> idea as something that would keep riders motivated during the long New
| >> England winters, giving them another reason to get up for morning weekend
| >> rides and stay focused during the off season. I also thought it could add a
| >> little inter team competition. I envisioned that at the end of the year
| >> riders would submit some type of portfolio or application detailing why they
| >> deserve the reward. The I, and hopefully other club alumni would review the
| >> various applications and make a decision. However, my concern with this idea
| >> is that you donâ€™t want riders (after all this is collegiate cycling)
| >> becoming overly focused on money. I also would not want it to become a
| >> source of inter-team dra!
| >> ma or conflict. I do like this idea though because I feel like it
| >> challenges riders to become more and more competitive, like winning (or
| >> placing well in a high cat road race) or going to nationals.
| >> 3. If BC helps host the Beanpot this year (pretty sure this is happening),
| >> donate the money to the raceâ€™s general fund.
| >> 4. Use the money to help the club put on a training trip in the spring, or
| >> the fall of 2011. Granted, this is not enough to cover the cost of the
| >> entire trip, but it would cover over half.
| >> 5. Reimburse riders for race fees at the end of the season. This is
| >> obviously not enough to cover all fees, but it could reimburse riders who
| >> had top results, completed certain # of races, or some other criteria. Or
| >> cover race fees for certain race/s.
| >> These are just a few ideas I had. What do you guys think? Like I said, BC
| >> did so much for me I want to give back, but I want to be as sure as possible
| >> that whatever way I do this, it has positive results. Any feedback would be
| >> greatly appreciated.
| >> Karl
| >> --
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| > --
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| Andrew Armstrong
| Cell: 617-480-6705
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