FundMyRace.org is a 501c3 non-profit organization. We’re here to help riders fund their racing.

We take a small percentage (10% per donation) from each donation to help pay for the organization’s expenses such as the website and marketing.

We pursue major corporate donations to fund our organization and negotiate perks for donors. We also take part of the income from webstore apparel sales. The money we take in from the small donation percentage, corporate donations, and income from apparel sales not only funds our expenses, it also goes back into donations to riders on our platform.

Our goal is to grow FundMyRace.org into a global platform that fuels racing careers.

Click on the >>CREATE A PROFILE button located on the right side of the top menu. This will lead you through an easy, step-by-step process to apply and set up your page.

You’ll need to fill out a simple application. Make sure you have your driver’s license ready. If you’re underage, you’ll need your parent or guardian’s license. Also, prepare any content you want to add to your page, such as photos, videos, social media links, your racing history, and any sponsors.

When you receive a donation, you’ll get a notification including the donor’s name, email, and the amount they donated.

We transfer the funds you’ve raised for the week into your rider’s Netevia account every Tuesday. You can then use your debit card for any necessary transactions. For more information, refer to the ‘What is a Netevia account?’ section below.

Engaging with your donors is vital. It’s your responsibility to nurture these relationships. There are numerous ways to maintain and strengthen these connections. For more guidance, check the ‘How do I engage with my donors?’ section below.

A Netevia account works like a regular bank account. You can make one when you set up your page, and it comes with a free debit card.

Your donations are transferred to your Netevia account every Tuesday. You can use this money for expenses or put it in your bank for later.

You can also manage your account online or by using the Netevia app to keep an eye on your money. For more details, check out Netevia’s personal banking page.

If you’ve already signed up for a donation page and you want a Netevia account and debit card to manage your donations, you can send an email to sheena@fundmyrace.org to request that an account be set up in your name.

There are significant tax benefits for athletes. Travel expenses, rental fees, meals, and other professional expenses (such as trainers, physical therapists, doctors, etc.) related to athletic competition are likely to be tax-deductible. This means that expenses like meals on the road, physical therapy, and transportation costs to competitions (such as plane tickets or long car rides) can all be deducted from your taxes, potentially saving you a substantial amount of money. Given the challenges of earning income as an athlete, it makes sense to take advantage of these deductions and keep as much money as possible.

Here’s a great article on athletes and incorporation – https://www.couro.io/insights/why-you-should-have-an-llc-as-an-athlete

The first step is sending them a thank you email when you receive a donation notificaton.

PRIVATE IG ACCOUNT – Another great engagement tool is a private FundMyRace Instagram account. You can title it FMB_YourName and only allow your donors to follow you on this special account. Again, use this account to give donors a little inside knowledge about you, your racing, and any events your participating in. https://instagram.com

HERE’S AN EXAMPLE:

SPECIAL PERKS – Talk to some of your sponsors and see if they have any discount codes you can offer to your donors or if they have any products that you can give away to the highest donor or to the first 5 donors, etc.

CONTESTS – Enter all of your donors into a contest and do a drawing and use something personal as the prize, like a signed jersey or goggles.

RECOGNITION – Offer social media ‘shout-outs’ for anyone who donates and/or offer a special place on your bike where you will put the name of a high paying donor for this weeks race. Be creative!

This is where your social media presence becomes important. You will need to use your socials to tell the world about your FundMyRace.org donation page.

The best angle is to ask for their support and tell them how greatful you are for any help they can provide. Focus on what you can accomplish with their help.

Avoid telling your followers sad stories about how tough things are. If you do have some huge obstacles to overcome, frame them as things you can conquer with their help. Keep it positive.

Tell your followers about any perks, contests, or special things you will be doing for your donors.