San Francisco’s America’s Cup Organizing Committee gearing up to raise $32M

The 34th America’s Cup is coming to San Francisco in 2013.



0edd5 YoungEric San Franciscos Americas Cup Organizing Committee gearing up to raise $32M

  • Eric Young
  • Reporter
  • Email: eyoung@bizjournals.com

The group assembled to collect $32 million to cover San Francisco’s costs during the America’s Cup is a who’s who of Bay Area business and philanthropy circles.

Led by former real estate executive Mark Buell, the 56 members have a big task ahead of them. The San Francisco America’s Cup Organizing Committee can’t offer big advertising deals or worldwide exposure in exchange for contributions. Instead, the group likely will make its pitch by offering smaller promotional packages, behind-the-scenes experiences or VIP treatment on race days.

The group’s efforts are aided by a more robust economy, said Buell. But rebound or not, it’s always a challenge to get people to open their wallet. The group has until 2013 to reach its goal and it wants to raise $12 million by the end of this year.

Below is the list of the Organizing Committee members. (There are 37 honorary members as well – all politicians – including people like Congresswoman Nancy Pelosi, California Sen. Dianne Feinstein and Gov. Jerry Brown.)

EYoung03

You’re almost there…

To access the full benefits of bizWatch and receive a weekly email with aggregated news on all the companies you are following, please provide your email address below.

You must have a bizjournals account to follow a company.

Please Log In or Register.

Article source: http://www.bizjournals.com/sanfrancisco/blog/2011/02/organizing-committee-americas-cup.html

This entry was posted in SF Bay Area News and tagged , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>