Subject: Fwd: Attorney General's Report: 1997 CA AIDS Ride scam figures
From: M Petrelis <[email-masked]>
Date: Tue, 17 Mar 1998 11:33:52 EST

[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.

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