Cadence Sports and Peer-to-Peer Professional Forum Release 2020 Million Dollar Club List of America’s Top Cycling Fundraising Events.
March 9, 2021
Austin, TX – Despite an unprecedented environment surrounding the COVID-19 global pandemic, at least 45 cause-related cycling events raised more than $1 million each in 2020, according to the annual study released by Cadence Sports & the Peer-to-Peer Professional Forum.
This study goes deep into exploring individual events to disclose which rides were members of the “Million Dollar Club” which is topped by the Pan-Mass Challenge, a single weekend event that raised a jaw-dropping $50 million in 2020. The 2020 combined event fundraising decreased by 45% ($144M vs. $229M) but expenses also decreased significantly across the board due to the cancellation of the physical events.
“The 2020 MDC simply displays the power of the human spirit and the willingness to still give despite difficult times. It also displays the creativity and tenacity of these mission driven organizations to quickly transition and provide a meaningful experience ,” said Gary Metcalf, Co-Founder and President of Cadence Sports.
“The Million Dollar Club list is a tremendous addition to our knowledge of the cycling fundraising space,” said David Hessekiel, president of the Peer-to-Peer Professional Forum, which releases lists of the top thirty US and Canada-based peer-to-peer fundraising programs during the first quarter of each year.
Topping the just-released Million Dollar Club list are the Top 10 rides in the country.
|The Pan-Mass Challenge (Massachusetts)||$50,000,000|
|Bike 4 Chai (New York)||$7,600,000|
|TX MS 150 (Texas)||$6,529,616|
|Dolphins Cancer Challenge (Florida)||$6,200,000|
|Ride for Roswell (New York)||$3,680,000|
|Eagles Autism Challenge (Pennsylvania)||$3,188,455|
About Cadence Sports:
Cadence Sports, Inc. is a full-service event production company based in Austin, TX that specializes in the planning, promotion, and production of cause-related single & multi-day events. www.cadencesports.com
About Peer-to-Peer Professional Forum:
The Peer-to-Peer Professional Forum supports its community of fundraisers through its annual conference, monthly webinars, timely data and information, and a vibrant online community all of which can be accessed by visiting www.peertopeerforum.com