Dave Rayner Fund awarded charity status

Dave Rayner Fund awarded charity status

Joe Robinson 17 Oct 2019 Vital organisation for budding pro cyclists to receive 'massive boost' from change The Dave Rayner Fund has been awarded charitable status, a move the organisation is labelling a 'massive boost'. The fund named after the late professional rider of the 1980s and 1990s was established in 1995 to help fund and support young riders attempting to race in Europe in the quest to make it as a pro. In the 24 years the fund has been running, it has been incredibly successful with riders such as Adam Yates ( Mitchelton-Scott ), Tao Geoghegan Hart ( Team Ineos ) and Hannah Barnes ( Canyon-Sram ) all being products of the system. Its move to becoming a charitable organisation will see the fund's name change to The Rayner Foundation as it becomes legible for benefits such as Gift Aid, tax exemptions and government funding, something committee member ...

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