HOW IT WORKS
[themify_col grid="2-1 first"]From 2018, the cost structure has moved to a fixed entry fee - £354 given that in 2018 it will be the Royal Marines 354th birthday. This fee covers:
- The cost of running the event, including location hire costs
- Admin, before and during the best part of 48 hours of the actual event running
- Risk Assessments,
- Medical Cover,
- Portaloo hire
- Event Insurance,
- Scran (food/snacks/beverage) breaks, including 4 main meals plus soup at the finish, hot and cold drinks and snacks throughout
- Any marshalling or transport costs; and,
- Any clothing and equipment we might choose to supply.
[/themify_col] [themify_col grid="2-1"]These costs are met by two elements:
- A Registration Fee, paid by the participant, the size being determined by the fundraising target the yomper chooses - the higher the target, the smaller the personal contribution
- The remaining Entry Fee, paid for by the selected charity, if and only if, the yomper raises at least 75% of their chosen target 8 weeks prior to the event.
We will invite a number of charities and any charity can apply or be referred, to become a partner. Clearly in the context of the event some charities are more appropriate than others, so the organisers will consider all applications in light of that context. We will market the event in general, and on behalf of Platinum, Premium and Participating charities (or Community Organisations) and they are welcome to promote their “participation”.[/themify_col]
[themify_col grid="2-1 first"]There is NO requirement for a charity to pay any money up front.
In outline, a potential Yomper arrives on the website and have a choice of how to take part. They can either just undertake the challenge, and pay the £354 fee themselves, (in which case they can fundraisie for who and how they like) or choose a fundraising challenge and select a one of the partner charities and pay their personal contribution as the registration fee. They then go about meeting their fundraising target on the platform of their/your choice, with without your help – we’ll let you know if they have registered to raise for you, of course.[/themify_col]
[themify_col grid="2-1"]After that, some 8 weeks before the Yomp, we will get in touch and ask if your yompers have raised 75% of their target, in which case we invoice the charity the balance of the entrance fee. At this stage you will know that your minimum return on that fee will be, (indeed you are likely to already have the funds from your chosen platform) as shown in the next tab and likewise what that return will be if they go on to hit their target. To date the average raised per yomper is about £1,000 per head.
So, for example, someone signs up to support you and chooses the Anniversary Challenge to raise a target of £1664. Eight weeks beforehand, they should be able to show you that they have raised £1248 and we would plan to invoice you the balance of their entry fee, £235. For your £235 you already have the £1248 so are guaranteed a return of £1013 and if they then go on to hit their target, you would get £1429 return, a ratio of over 6:1. You are of course welcome to help your participants raise funds as you see fit. If they haven’t raised the requisite amount by this time, you have the right to refuse the invoice and these participants either need to pay the remainder of the fee themselves, or migrate to an alternative target that gives you a minimum return of 4:1 and an on target return of approx. 6:1. They will not yomp if the fees are not in advance, so there is absolutely zero risk to you![/themify_col]
It costs nothing for you to be listed, though any particpating charity is welcome to buy discounted fully funded tickets in advance, in which case you are welcome to set your participants whatever target you like – such discounts will be implemented through a limited number of online coupons that gives a sign up discount, issued to the liaison for the charity concerned.
|Challenge||Fundraising Target||Personal Contribution*||Charity Contribution+||Charity guaranteed minimum RoI @75% tgt||Minimum RoI Ratio||Hitting Target RoI||Hitting Target RoI Ratio|
|The Convening Order||2810||50||304||1803.5||5.93||2506||8.24|
Afternoon Turn to
(after all everyone is 5 minutes early!)
|The Recruit Challenge||N/A||354|
|* Non refundable (except at Since 1664 mgt discretion)|
|+ Only payable if the participant can demonstrate to the charity that they have raised on whatever platform they choose 75% of their chosen target 8 weeks before the start of the Yomp|
Charities that have agreed to participate are welcome to purchase fully funded entries for Yompers and set their own fundraising criteria
|Platinum (promoted) Charities can buy 20 or more tickets in advance at a 30% discount||247.8|
|Premium (featured) Charities can buy 10 or more tickets in advance at 20% discount||283.2|
|Participating Charities can buy tickets in advance at 10% discount||318.6|
|In these cases the charity is free to set whatever target it likes.|