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The Yantu Project was an expensive
adventure and we could not have made it |
| |
without generous support from the
companies whose logos are displayed in the |
| |
right margin. |
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|
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Despite our project being unique it
was not easy to get sponsorship - possible a |
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number of companies pictured our boat
capsized on the front page of a |
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newspaper clearly showing their logo
with the headline "Atlantic rowers lost at
|
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sea". After all neither Sun Haibin
nor Christian were experienced rowers when |
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they set out. Maybe others through
we were frauds and were out to pocket the |
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money ourselves. |
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|
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We are therefore very grateful for
the individuals and companies who stood by |
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us, making our adventure dream and
scholarship fundraising a reality. Through |
| |
the project we raised US$88,620 for
scholarships and US$25,238 (in cash and |
| |
equipment) for race costs, totalling
US$113,858. |
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|
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If you visit Media
you will find that sponsors got a pretty good return
in terms |
| |
of PC. |
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|
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The detailed race accounts are included
below: |
| |
|
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|
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| Total
donations forwarded to |
88,620 |
| Cost
per 2-year full scholarship |
46,500 |
| Atlantic
College Total scholarships funded
|
1.91 |
|
|
|
| |
|
| |
|
| |
| Race
entrance fee to Challenge Business |
16,623 |
| Assembly
of boat in China, including boat
kit |
14,663 |
| Kitting
out of boat in Hong Kong* |
19,341 |
| Pre-race
travel to get Sun Haibin to Hong
Kong |
3,774 |
| Safety
& communication equipment |
9,179 |
| Food
provisions |
4,417 |
| Freight
cost to/from race |
7,152 |
| Rowers
& family flight and accommodation |
9,436 |
| Marketing
expenses |
2,576 |
| |
|
| Total
race cost |
84,586 |
| |
|
| Less |
|
| Sponsored
equipment** |
6,239 |
| Cash
donations |
19,000 |
| Sale
of Yantu |
20,313 |
| Race
cost assistance received |
45,551 |
| |
|
| Investment
by Christian Havrehed |
39,034 |
| |
|
| *Excludes
manhours sponsored by Royal Hong
Kong Yacht Club |
| **
Mainly safety equipment sponsored
by Viking and Stratos |
|
|
|
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