Each member targets an annual mileage goal. For example, Jasper K. Hypothetical in Los Angeles had never ridden more than 500 miles in a year, but made a resolution to stretch to 1,500 miles the next year. During that twelve month period, he collected pledges and donations on his Veloto Membership Page in support of his chapter's children's hospital, CHLA.
Some people pledged a penny a mile. Some a nickel. One lady a dollar. By December 31st, Jasper had ridden 1,643 miles and raised an impressive $4,986 in donations for CHLA. Way to go, Jasper!
Every cent donated is immediately forwarded to each chapter's beneficiary, such as Children's Hospital Los Angeles (minus credit card and transactional fees). All club operational costs are paid for separately by members and/or corporate sponsors – meaning there's no wonky accounting that dilutes a donor's generosity.
Donors will receive receipts for their contributions to their local chapter's hospital, which always is a 501(c)3 institution. Typically, contributions to qualified 501(c)3 organizations such as these can be included in itemized tax deductions, but we suggest you contact your tax adviser or accountant or visit the IRS website for more information.
If you have any questions about our process or our fundraising efforts, please contact us.
A member's miles are logged and tracked via GPS-enabled devices. Strava is our platform of choice as it allows donors to easily follow a rider's progress, knowing that accrued miles are accurate and verifiable.
Indoor mileage may also be counted toward an annual goal as long as the bike or trainer is equipped with a properly calibrated measuring device. Our riders often accrue miles using Zwift, Sufferfest, Peloton or Soul Cycle.