How much of that do the charities actually get. I was told that the organisers take a cut. I did it for charity this year and had assumed that the charity got the lot. I'd be interested to know what the truth is.
The charity does have to buy the place they have which is fair enough but it depends on how much the organisers are asking them to pay.
I read somewhere that for the London Marathon, it cost a charity £400 to buy a place, however, they were asking people to pledge £1850. They do have other costs than just the place, but £1450! I know the London Marathon is bigger and in lots of demand, but that's just an example to show some numbers.
For RideLondon, one is asking for £500 while others are asking for £750. Do the organisers charge charities different amounts? If so, why the £250 difference!
Don't get me wrong, charities need money and depend on fundraising, but there is an element of are they asking for that amount because they know people will pay it just to get a place.