Print Page - Red Flag Fund Ends Operations

Title: Red Flag Fund Ends Operations
Post by: Court Jester on March 16, 2009, 05:48:44 PM

:wah:

Red Flag Fund Ends Operations
Mar 16, 2009, ©Copyright 2009, Roadracing World Publishing, Inc.

From a press release issued by The Red Flag Fund

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.

Title: Re: Red Flag Fund Ends Operations
Post by: Super Dave on March 16, 2009, 06:02:29 PM

Thanks Jeff, Paul, Alexa...I think you were all on the board...

:cheers:

Title: Re: Red Flag Fund Ends Operations
Post by: skiandclimb on March 16, 2009, 08:06:52 PM

Wow. ....just wow.

Title: Re: Red Flag Fund Ends Operations
Post by: xb9racer on March 16, 2009, 08:47:20 PM

Too bad. A great cause.

Title: Red Flag Fund no more
Post by: gpz11 on March 17, 2009, 08:12:35 AM

Thanks for all your work folks.

It's been greatly appreciated by everyone.

http://www.roadracingworld.com/news/article/?lnk=rss&article=35858

Title: Re: Red Flag Fund Ends Operations
Post by: racerhall on March 17, 2009, 09:37:02 AM

i want to thank the red flag fund for the help and hard work sorry to see it go

Title: Re: Red Flag Fund Ends Operations
Post by: Jeff on March 17, 2009, 09:38:15 AM

Thanks everyone. We appreciate the support now, and everything that ALL of you have given. It has truly been an honor.

Title: Re: Red Flag Fund Ends Operations
Post by: barb_arah on March 17, 2009, 02:11:35 PM

Wow, the auction weekend was something a lot of people looked forward to. Wish The Red Flag Fund could continue!

Title: Re: Red Flag Fund Ends Operations
Post by: superbike2001 on March 18, 2009, 01:40:06 PM

Yes, Huge Thanks to Jeff, Jen and the rest that helped out fellow racers!

Title: Re: Red Flag Fund Ends Operations
Post by: mike_rbm on March 19, 2009, 04:34:13 PM

Wow. Rough news to hear. After Gordy and now the Red Flag, my question is "now what"?

It's too bad that their isn't some type of large, nation wide org that oversees and manages well deserved causes like this.

Title: Re: Red Flag Fund Ends Operations
Post by: badazz on March 23, 2009, 02:00:19 AM

wow... sad to hear about this!
I wish it would continue on, as we all know we need it.

Title: Re: Red Flag Fund Ends Operations
Post by: weggieman on March 23, 2009, 11:40:06 PM

All is not hopeless yet. Give it a few weeks, someone else is considering something. You didn't read that here........

Title: Re: Red Flag Fund Ends Operations
Post by: gntbldr on March 24, 2009, 03:20:53 AM

Hmm, Gordie,,, that's some patient instilling insight there big guy. ;)

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