SmartMoney

Are Charity Walks and Races Worth the Effort?
June 13, 2011

Every year tens of millions of Americans ask friends to sponsor them in events ranging from 3-mile "fun runs" to 100-mile bike treks. The largest such event — the American Cancer Society's Relay for Life — raised more than $400 million last year. Meanwhile, the ever-growing movement includes tens of thousands of tiny "thons," collecting for schools, hospitals and homeless shelters. As soon as the weather warms, the walkathoners take to the streets, proudly parading in their oversize T-shirts and ribbon pins.