From: M Petrelis Date: Tue, 17 Mar 1998 11:33:52 EST Subject: Fwd: Attorney General's Report: 1997 CA AIDS Ride scam figures [dear friends, the following reports arrived in the mail yesterday. while last year's fourth california aids ride made a pretty profit for the s.f. aids foundation and the aids program at the l.a. gay community center, i question what happens to the proceeds once it reaches the service groups. if you want hard copies of the filings by pallotta, or any other california fundraiser or charity, please write to the address below. also, report number 2 for the l.a. beneficiary should have reported pallotta's producer's fee of $180,000. you'll notice that the form for the s.f. agency under the fees and expenses column gives that figure, but i don't know why the attorney general allows pallotta to not show how much he collected from the l.a. gay center. --mp] Office of the Attorney General Registry of Charitable Trusts PO Box 903447 Sacramento, CA 94203-4470 I. Annual Financial Report (Form CF-2) Commercial Fundraiser for Charitable Purposes for Calendar Year Ending December 31, 1997 filed by Pallotta Teamworks, 1525 Crossroads of the World, Los Angeles, CA 90028 on behalf of the S.F. AIDS Foundation, 10 United Nations Plaza, San Francisco, CA 90102. Kind of activity: California AIDS Ride [#4] held from June 1, 1997 to June 7, 1997. REVENUE Cash Contributions 4,707,779 Sales from Products 9,841 Membership Fees 87,435 Other sources: Sponsorship 129,200 Total Revenue $4,934,255 EXPENSES Fees or commissions 180,000 Salaries 494,848 Payroll taxes 44,080 Employee benefits 18,803 Cost of entertainment 4,926 Postage 43,530 Advertising 86,152 Telephone 25,070 Rental of equipment 195,908 Facilities charge 50,641 Permits 3,201 Other expenses: Design and printing 93,774 Supplies 483,334 Travel 18,176 Other 41,105 Total Expenses $1,783,598 Distribution or net to charitable organization or charitable purposes $3,150,657 Is any officer, director, partner or owner of the Commercial Fundraiser in any way affiliated with or control, directly or indirectly, the charitable organization for which commercial Fundraiser has contracted to solicit? -- No. II. Annual Financial Report (Form CF-2) Commercial Fundraiser for Charitable Purposes for Calendar Year Ending December 31, 1997 filed by Pallotta Teamworks, 1525 Crossroads of the World, Los Angeles, CA 90028 on behalf of Los Angeles Gay & Lesbian Center, 1625 N. Schrader, Los Angeles, CA 90028. Kind of activity: California AIDS Ride held from June 1-7, 1997. REVENUE Cash contributions $4,508,528 Total Revenue $4,508,528 EXPENSES Salaries 843,601 Postage 54,047 Advertising 87,583 Other expenses: Design 31,217 Travel 10,847 Professional fees 9,429 Rent 38,202 Utilities 34,494 Logistics 770,291 Printing 78,569 Office equipment & supplies 13,604 Computers 5,800 Cash Sponsorship towards expenses (256,157) Total other expenditures 736,296 Total Expenses $1,721,527 Distribution or net to charitable organization or charitable purposes $2,787,001 Is any officer, director, partner or owner of the Commercial Fundraiser in any way affiliated with or control, directly or indirectly, the charitable organization for which commercial Fundraiser has contracted to solicit? -- No. --part0_890152433_boundary--