Gifts to Walkathons and Other Events Rise 12%
By Holly Hall
Charities collected $1.6-billion last year through 30 of the biggest marathons, walkathons, bike races, and similar fund-raising events, according to a new survey. That was about 12-percent more than they raised in 2006.
In the events, participants ask people to sponsor them by pledging money that's paid when participants finish the competition.
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