Red Flag Fund Ends Operations

Red Flag Fund Ends Operations

© 2009, Roadracing World Publishing, Inc.

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Red Flag Fund Board of Directors Votes to End Operations (March 16, 2009) – The Red Flag Fund board of directors recently voted to end operations of the Red Flag Fund charity and donate all remaining general funds to the Roadracing World Action Fund and other non-profit charities that support the motorcycle road racing community and their families. The decision was made after plans to install a new fund manager fell through. “The day-to-day work of running the Red Flag Fund can be overwhelming,” said Red Flag Fund co-founder Jeff Kufalk. “Frankly, it’s like having a second full-time job, and without an operations manager, the fund cannot go forward. On behalf of the Red Flag Fund board of directors, I want to thank our sponsors who donated items for auction, those who purchased Red Flag Fund auction items and other merchandise, and all those who volunteered to help along the way. It was a tremendous effort, but assisting seriously injured road racers when they needed help the most was a rewarding experience we’ll never forget.” Red Flag Fund, Inc. was a non-stock, non-profit, 501(c)(3) charitable company formed in 2006 to provide financial assistance to seriously injured motorcycle road racers, as well as educate motorcycle riders on the importance of proper safety gear.

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