Raider 7 Memorial Funds and Expenses

August 23, 2016 0 Comments

Raider 7 Memorial Funds and Expenses

In direct response to public inquiries made regarding Raider Project's Raider 7 Memorial Funds and expenses the following detailed overview has been completed and is available at:

Below we have listed each item and quantity sold as well as the price it at which it was sold, resulting in gross revenue.

Raider 7 T-shirts Sold

Total = qty:4,444 price:$30

Men’s - $110,520

Women’s - $22,800

Total $133,320

*Cost of Goods: $48,884

Net revenue: $84,436.00

Raider 7 Stickers Sold (dONATION ITEM)

Total = QTY: 487 PRICE:$5

TOTAL $2435.00

Raider 7 Posters (donation item)

TOTAL = QTY: 5 PRICE $42 donated per print

Total = $210

Raider 7 Memorial Posters (donation item)

Total = QTY: 42 PRICE: 24$50 18$34

Total $1830

Raider 7 Hoodies Tee Spring

QTY = 467 PRICE: *varies per size, material, and color.

TOTAL $4992.93

Remaining Merchandise NOT SOLD

Raider 7 T-shirts qty: 1,186

Men's QTY: 726

Women's QTY: 460

*cost of goods: $13,046.00

This remaining unsold merchandise was a result of a later run of shirts that was pulled due to a direct brand/company request to be removed from further/continued runs of the Raider 7 shirt production as well as Raider Project's caution surrounding the possibility of trademark infringement. All unsold Raider 7 shirts were donated to veterans and the 2nd Marine Raider Bn.

BREAKDOWN net revenue total: $80,857.93

TOTAL net profitS FROM ALL ITEMS SOLD: $93,903.93

*COST OF GOODS FOR ITEMS NOT SOLD: $13,046.00

TOTAL NET revenue: $80,857.93.

**Grants and Services total: $84,934.00

$72,850.00 IN services and GRANTS TO FAMILY MEMBERS

$4,000.00 DONATION TO RAISING RAIDERS

$4,184.00 IN TRAVEL SUPPORT

$3900.00 IN MEMORIAL SUPPORT

*COSTS OF GOODS are identified AS THE PRICE PAID FOR EACH ITEM, FREIGHT SHIPPING OF ORDERS TO OUR FACILITY, shipping materials purchased in bulk for all orders, LABOR AND OVERHEAD INVENTORY EXPENSES, RESULTING IN NET PROFITS.

**SERVICES AND GRANTS are identified as both financial grants to a person, as well as financial assistance with specific bills, purchases, or costs.

*** Raider 7 Wristbands were created to commemorate the fallen. They were donated to the friends and family members of the Raider 7. Raider Project did not offer this item for sale.

The Raider 7 Memorial Apparel endeavor was put together by the Raider Project immediately following the tragedy. The Raider Project consists of a very small team of staff and volunteers.

The Raider Project's goal was to first respond to immediate needs that arose among Raider 7 families. Financial assistance, provision of travel and memorial support were immediately provided to several wives/partners of the fallen as the Raider Project was informed of specific needs.

In the summer of 2015, the Raider Project then met with the wives and the remaining team members to discuss their wishes.

On October 19th, 2015 the remaining funds were dispersed evenly between the 7 wives/partners of the fallen heroes.

In addition, Raider Project also hosted the Raising Raiders Crowdrise link on our pages to channel money directly to their organization and support the cause even further.