Jump for the Cause
Jump for the Cause is a skydiving event that has several goals:
- sets a new World Record in Formation Skydiving by women
- provides role models for other women and young girls
- raises money for charity
The 2002 event held Oct. 14-19, 2002 Perris Valley Skydiving, Perris CA raised $177,640
for the City of Hope. This represented 70.5 cents of every dollar raised.
About 15% of skydivers in the US are women, fewer in other countries. Skydiving is still perceived as a macho sport by the general public. World records help dispel steroetypes about skydiving and the people that jump.
Women and men around the world are raising funds to support the event and the City of Hope in Duarte, California.
Financial details are available at GuideStar.
Search for Jump for the Cause and City of Hope.
The 1999 Jump for the Cause event sent 60 cents of every dollar raised to the Susan B. Komen Foundation.
For more information see
Jump for the Cause
Summary:
JFTC has very good Percentage Donation/Revenue based on what is stated in the 990, but their press releases do not
always reflect what is reported on the 990 form.
There is something peculiar with the numbers given to the press and what is stated on the 990.
Either the press-released numbers for revenue were inflated or the real revenue is
not reported on the 990 form.
If the revenue quoted in the media are correct then the Percentage Donation/Revenue
would drop to 34-41% for 1999 and to 45% for 2002.
These ratios are not as good and one wonders where the extra cash went.
If the revenue quoted in the media were inflated by JFTC for promotional or other
reasons, then one wonders about the corporation.
SNM = Skydiving Newsmagazine
1999
990
Total Revenue: $233,883
Donation to Susan G. Komen Foundation: $142,500
Percentage Donation/Revenue = 60.9%
Salaries:
Mallory Tarcher: $3,500
Brad Hood: $3,500
Kate Cooper: $3,500
Tony Cooper: $3,500
The 990 form says Tony Cooper. It should be Tony Domenico.
Richard Seymour: $12,500
SNM #219
At press time, "Jump for the Cause" had raised more than $400,000 for a breast cancer research foundation..
The minimum pledge to cover a jumper's costs was $1,400, which included all jumps, oxygen, breakfast and lunch and goodie bags packed full of stuff donated by a host of sponsors large and small.
At press time, the group had raised more than $420,000, an average of more than $3000 per participant.
Parachutist Oct 1999
Jump for the Cause raised about $350,000
Each woman averaged about $2000.
'..and raised more than $400,000 to help fight breast cancer.' - Mallory Louis Tarcher
JFTC website:
'This 6-day event raised over $300,000 to fight breast cancer'
2000
990
Total Revenue: $50,899
Donation to Keck School of Medicine: $35,000
Percentage Donation/Revenue = 68.8
Salaries:
Mallory Tarcher: $1,250
Brad Hood: $1,250
Kate Cooper: $2,500
Richard Seymour: $0
Parachutist Sept 2000
Jump for the Cause handed him a check guaranteeing the program $35,000 to continue its research. The final amount tabulated later took that total to $50,000 before expenses.
JFTC website:
The two events raised $55,000
2001
no event
990
Total Revenue:$11,112
Donation: $0
Salaries:
Richard Seymour: $2500
2002
990
Total Revenue: $251,969
Donation to City of Hope: $177,640
Percentage Donation/Revenue = 70.5
Salaries:
Mallory Tarcher: $0
Brad Hood: $0
Kate Cooper: $0
Parachutist Dec 2002
They had raised nearly $400,000 to fight breast cancer
referring to the 1999 event 'The six-day event raised more than $300,000'
referring to the 2000 event 'The two events raised $55,000'
SNM #256
The Jump for the Cause record attempt raised about $390,000, a portion of which will go to breast cancer research.
JFTC raised $376,000 during its 1999 record jumps, of which $145,000 (after expenses) went to the Susan G. Komen breast cancer Foundation.
According to JFTC treasurer Richard Seymour, this year's event has so far raised about $390,000, of which even more will go to this year's charity.
"The raw numbers are higher and our expenses were lower." Seymour
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