What a great idea Bill, driver needs to be in personll! I think that to collect the money that the driver needs to be in person for the cash. That way the fans can see, meet and talk with them and like the many banquets and awards would really mean something as the drivers is their in person.
I have seen many awards banquets where the winners didn't care enough to show up even for a trophy. That tells me they don't care about the fan club or track that has gone out of the way to make the award happen.
Thats how we do our banquet at Brownstown, you MUST be present to earn your money and trophy. If not, it goes into the prize fund and split up among the drivers who showed up
Ok... Here we go. I don't know how much we can collect but we'll go ahead and do this thing. I guess paying these guys something is better than nothing at all.
Once the numbers start rolling in I'll have a better idea of what we can pay and how many positions.
I will use Paypal to process all donations. They charge a small fee to process the money. Other than that, 100% of the money collected will go towards the point fund. No administrative fees other than Paypal.
I will not accept personal checks. I will accept company checks.
Minimum donation amount is $20. Other amounts are available just select the amount in the dropdown box.
Payment of $20.00 has a $0.88 fee
Payment of $100.00 has a $3.20 fee
This is straight from Paypal...
Receiving money – Personal payments:
It's free to receive money from friends or family in the U.S. when they send the money from the PayPal website using only their PayPal balance or their bank account, or a combination of their PayPal balance and bank account.
If you receive a personal payment made from a debit card or credit card, the sender has the option to pay the fee or pass it on to you. If you don't want to pay the fee, you can choose not to accept the payment.
If the fee is passed to you, it is 2.9% plus $0.30 USD of the amount you receive. For example, if you are sent $100.00 USD by credit card, the fee would be $3.20 USD ($2.90 + $0.30).