Where Does All the Money Go?


April 09, 2013 at 7:28 AM

Dunn Tire website                                               OrthoNOW! website         

 

The Mountain Goat Run could not be held without the support of our sponsors. Here is a little background on where all the money goes.

 

The Mountain Goat Run Foundation is a non-profit 501(c)(3) organization. Our goal is to grow the event into something the community can be proud of and to deliver a great experience to participants, spectators and sponsors.

CNY Spine Group website                        Fleet Feet Sports website           
 
Each year our Foundation Board of Directors puts together a budget for the event forecasting revenues (race fees and sponsorship support) and expenses. In 2013, event expenses for the race and training run series will exceed $100,000. It has never been the goal of the Mountain Goat Run Foundation to see how much money we can make. Instead, we look to reinvest back into the event to deliver a better product to all and to grow for the future.

Miller Lite website                   Syracuse Track Club website               Rebel 105.9 website  

Within 90 days after the race each year we conduct a review to see how close to the forecasted budget we came and how much money was made.

 

The total net dollars or profit from that year's event is established and 50% of the profit is donated to the local charities that have helped us grow or operate the event. The MOST, Strathmore Neighborhood Association, Team Believe, Kirk Park Colts, Salt City Warriors, and the Good Ole' Boys' Junior Fishing Club all received donations from us in 2012.

News Channel 9 website                                              93Q website                    

The remaining profit dollars are saved by the foundation to be used for capital projects or elements we would like to add to the event or to help us promote the Goat in the future, like a long-term plan for a Mountain Goat Run Hall of Fame.

 

When all the numbers are crunched, we would not be able to operate the Mountain Goat Run at all if it were not for the financial support of our sponsors. We work hard to deliver them value for their support and we ask that you patronize them with your business as well. Click on any of the links below the logos above and learn about these great businesses and organizations that support you and running in Central New York.

 

Thanks for helping us continue to build on the legacy of the Mountain Goat!


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