Loyal Foundation Sails In to Deliver Charity Cash
18 March 2010 at 12:53 pm
The dream to complete the gruelling Sydney to Hobart Yacht Race and raise money for Australian charities has come true for Sydney accountant and yachting enthusiast, Andrew Bell and his Loyal Foundation.
Fourteen Australian charities have received a cash windfall as a result of his efforts.
On Boxing Day last year, the crew of Bell’s Super Maxi Investec LOYAL set off in the Sydney to Hobart yacht race with a crew consisting of the 13 professional sailors and seven novices, who had never sailed beyond Sydney Heads. Bell’s celebrity team consisting of Grant Hackett, Danny Green, Phil Waugh, Phil Kearns, Larry Emdur and James Dack.
Their aim was to finish the ocean classic, but at the same time raise as much money for their charities that they could. With fundraising events and a public appeal around the big race they raised $700,000.
The result is $50,000 for each of 14 charities that the Loyal Foundation describes as the country’s most needy charities who help improve the lives of many Australians.
The money was distributed at a special event at Star City Casino on Wednesday 17th March.
Anthony Bell and the ‘Celebrity Sailors’ chose the following 14 charities:
- Children’s Cancer Institute Australia
- Humpty Dumpty Foundation
- Preston James Fund
- The Alannah and Madeline Foundation
- WA Charity Direct
- Princess Margaret Hospital Foundation
- Cerebral Palsy – The Spastic Centre
- Royal North Shore Hospital Foundation
- Careflight Australia
- Matthew Talbot Hostel
- Police and Community Youth Clubs (PCYC)
- Souths Cares
- Australian Children’s Music Foundation
- Down Syndrome NSW
A spokesman for Anthony Bell says the Loyal Foundation founder is now looking to next year’s race following the enormous support he received to raise the funds this year.
He says 100% of donations went to the charities.