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 Spring 5K & Adventure Challenge Relay competition (May 5, 2018) and the accompanying Spring Race to Raise competition, we anticipate having a prize pool that at least matches that of last year. 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 Spring Race to Raise Fundraising Competition (ending May 5, 2018 at 10 a.m.). Similarly, we anticipate awarding a $100 prize to the nonprofits selected by the teams that win the various competitive team divisions in the 5K & Adventure Challenge Relay.
Different prizes will be awarded to our top fundraising teams in the Spring competition.
Grand Prize: The Wilmington Blue Rocks will award two prizes to the top two official nonprofit teams that raise the most money for their nonprofit during the Spring 2018 Race to Raise fundraising competition. For the nonprofit team that raises the most money, the prize will include a half-page ad in the Blue Rocks' game day program for the remainder of the season and also two thirty-second radio spots during the Blue Rocks radio broadcasts for the remainder of the season. In addition, at a future game of the nonprofit's choice (subject to availability), the nonprofit will get the use of a luxury suite (including twenty tickets and ten parking passes) and will receive some promotion at that game as well, including an on-site marketing display. For the nonprofit team that raises the second-most money, the prize will include a quarter-page ad in the Blue Rocks' game program for the remainder of the season as well as ten field box tickets at a future game of the nonprofit's choice (subject to availability) and similar promotion at that game, including on on-site marketing display. In addition to these prizes for the top nonprofit teams, the Blue Rocks will be recognizing the top three fundraising teams at the May 10 Blue Rocks game against the Potomac Nationals. For more details, visit here.
How we create the prize pool
The Prize Pool is generated primarily from race registrations and sponsorships. Ten percent of the race registration entry fees and twenty percent of the sponsorships received will be added to the prize pool.
The Prize Pool for the Third Annual Delaware Charity Challenge Spring 5K and Adventure Challenge Relay is expected to be as follows. Sixty (60) percent of the prize pool will be distributed to the top three charities 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. There are three competitive running divisions in the 5K (Men's, Women's, Co-Ed) and two in the Adventure Challenge Relay competitions (pairs & larger team). As in the past, Innovincent and the Delaware Charity Challenge will structure the prizes so that they are a minimum of $100 each.
Prize Pool History
Read about the prizes that were given away in the 2015, 2016, and 2017 5K and Adventure Challenge Relay and at the 2016, 2017, and 2018 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. Innovincent 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 Innovincent 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 Innovincent 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 Innovincent 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 Innovincent or the Delaware Charity Challenge has been advised of the possibility of such damages.