Donations to the Roadracing World Action Fund, Inc., a 501(3)c non-profit corporation dedicated to reducing racetrack injuries by encouraging the use of soft barriers, have reached $274,945.75 for road racing and $19,647 for dirt track, for a combined total of $294,592.75.
John Owens of Owens Racing Photos, whose photography frequently appears in Roadracing World magazine, donated $2500. He wrote, “Time to give something back to the sport besides photos. What you are doing is a very good thing. But you know that.”
Terry Knott’s donation of $1000 is designated to be split between road race and dirt track, $500 each. He dedicated his contribution “To all racers, past, present and future.” Knott adds to his former contribution of $500, for a total of $1500.
Also contributing recently: Brian Cheek, $100; John Whiting/Whiting Engineering/Dead Men Smoke Racing, $100; Cedric Smith – #88, $88; and Douglas Sheets, $30, with thanks to Darrin Talbott/Ed’s Honda.
Tax deductible donations to the Roadracing World Action Fund to help save lives and prevent injuries at the racetrack can be made online, or by calling 800-464-8336, or sent to: Roadracing World Action Fund, P.O. Box 1428, Lake Elsinore CA 92530.
Summary of Recently Posted Contributions
Road Race
John C. Owens $2500
John V. Whiting $100
Brian Cheek $100
Terry Knott $500
Cedric Smith $88
Douglas E. Sheets $30
Dirt Track
Terry Knott $500
August 27, 2004
Accounting Details to Date
Road Racing Expenditure Details
Direct purchase of soft barriers: $137,700
Shipping/Customs: $9133.50
Bank Fees: $384.05
Airfence* Deployment Crew Training: $700
Transportation & Installation: $5577.78
Corporation/Business Fees: $612
Online Auction Fees: $221.99
Printing Education Materials – $346.42
Misc Supplies: $39.59
Donation to AMA Pro Racing for Airfence purchase: $104,104
Total Spent: $258,819.33
Total Donations Collected $274,945.75
Misc. Income $92.32
Cash on hand: $16,218.74
Dirt Track Expenditure Details
Direct purchase of soft barriers: $9,200
Shipping/Customs: $2717.72
Transportation & Installation $2174.77
Total Spent: $14,092.49
Total collected: $19,647
Cash on hand: $5,554.51
All administrative costs, including the percentage taken by credit card companies on credit card donations, have been absorbed by Roadracing World Publishing, Inc.
*Trademark of Airfence Safety Systems Australia.