The Prize Pool
the prize pool is our incentive to help teams raise more money for nonprofits.
When we created the Delaware Charity Challenge, we wanted one of its unique features to be the Delaware Charity Challenge Prize Pool (the "Prize Pool"). The Prize Pool allows teams to win additional money for their designated nonprofit beneficiary on top of what they raise for these causes on their team fundraising pages.
Current Prize Pool
Cash Prizes. For the Winter Games (Saturday, January 5, 2019) and the accompanying Winter Race to Raise competition, we anticipate having a prize pool that awards the nonprofits selected by the participants in the indoor triathlon competition in different ways. We anticipate awarding at least $300 to the nonprofit beneficiary selected by the team that raises the most money, $200 to the nonprofit beneficiary selected by the team that raises the second most money, and $100 to the nonprofit beneficiary selected by the team that raises the third most money by the end of the Winter Race to Raise Fundraising Competition (ending January 5, 2019 at 10 a.m.). Similarly, we anticipate awarding prize money to the nonprofits selected by the teams or individual competitors that win the various competitive division competitions in the Winter Indoor Triathlon.
Delaware Today Grand Prize. For the 2018 Winter Delaware Charity Challenge, Delaware Today will award a grand prize certificate to the team that raises the most money for its selected nonprofit beneficiary. The certificate may be exchanged for a 1/3-page square print advertisement to be placed in an upcoming issue of Delaware Today magazine. The Delaware Today prize is valued at $2,435. Certain restrictions apply.
How we create the prize pool
In general, the Prize Pool for the Delaware Charity Challenge Race to Raise is as follows. Sixty (60) percent of the prize pool will be distributed to the top three nonprofits that raise the most money during the Fundraising Challenge portion of the Delaware Charity Challenge. The breakdown of the Prize Pool winnings for these three charities will be: First (30%), Second (20%), Third (10%). The remaining forty (40) percent of the prize pool will be distributed evenly among the charities of the winning teams of each of the competitive races on the day of the Delaware Charity Challenge. In the spring games, there are usually three competitive running divisions in the 5K (Men's, Women's, Co-Ed) and two in the Adventure Challenge Relay competitions (pairs & larger team). In the winter games, there are usually several competitive divisions in the triathlon, including the medley and Run, Row, Bike (fixed distance and fixed time) divisions.
Prize Pool History
Read about the prizes that were given away in the previous Spring 5K and Adventure Challenge Relay, Race Across Killens Pond 5K, First State Duathlon, and Winter Indoor Triathlon competitions here: Delaware Charity Challenge Prize Pool History.
Charities that win any portion of the Prize Pool will be responsible for all and all local, state, and federal taxes, fees, costs, reports and expenses associated with collecting any prize money. Spur Impact Association and the Delaware Charity Challenge will comply with all rules and laws regarding taxes, withholding and reporting. There are no representations or warranties other than as set forth in these official rules and regulations and Spur Impact and the Delaware Charity Challenge disclaim any and all other representations and warranties express or implied, regarding the prize pool. A prize pool winner's sole and exclusive remedy for any breach by Spur Impact and the Delaware Charity Challenge shall be limited to the return of the purchase price paid for his or her entry fee to the Delaware Charity Challenge. In no event shall Spur Impact or the Delaware Charity Challenge be liable to any participant for any loss or injuries to earnings, profits or goodwill, or for any incidental, special, punitive or consequential damages of any person or entity whether arising in contract, tort or otherwise, even if Spur Impact or the Delaware Charity Challenge has been advised of the possibility of such damages.