Magazine article The Advocate (The national gay & lesbian newsmagazine)

Breaking the Cycle: Two Top California AIDS Groups Fire Pallota TeamWorks. (Aids Ride)

Magazine article The Advocate (The national gay & lesbian newsmagazine)

Breaking the Cycle: Two Top California AIDS Groups Fire Pallota TeamWorks. (Aids Ride)

Article excerpt

After it raised more than $40 million for AIDS causes in the past eight years, the Los Angeles--based for-profit group Pallotta TeamWorks' oldest event, the California AIDSRide, has had its legs cut out from under it. Citing escalating costs and ideological differences, the Los Angeles Gay and Lesbian Center and the San Francisco AIDS Foundation have terminated their relationship with the annual six-day bicycling event.

"Pallotta TeamWorks exceeded the expense budget dramatically, and it appears the cost of fund-raising will come in at 50 cents on the dollar," said Pat Christen, executive director of the AIDS foundation.

In past years, Christen said, Pallotta's take for the AIDS ride was 35 to 37 cents for every dollar. This number is important, because the more an event organizer can cut its expenses, the more money charities get. The Better Business Bureau's Wise Giving Alliance recommends fund-raising costs not exceed 35 cents for every dollar of related contributions.

This is not the first time questions have been raised about Pallotta TeamWorks' expenses. In Texas in 1998, it returned only 15 cents for every dollar of fund-raiser money to state charities, and the company had to cancel fides in Florida and Pennsylvania in the 1990s after event returns were deemed subpar. …

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