| About the Pan-Mass Challenge’s relationship with Starrting Events |
| The Pan-Massachusetts Challenge (PMC) is managed by Starrting Events, an event management company created by Billy Starr in 1992 as an independent business corporation. The PMC pays an annual management fee to Starrting Events for all management of the PMC event as well as the year-round rider and volunteer recruitment, training, sponsor recruitment, and administration. In 2012, the PMC paid $1.120 million to Starrting Events to manage the event. In 2012 the PMC raised $37 million for Dana-Farber Cancer Institute. Today, the management fee is underwritten by corporate sponsorship and not through contributions made to PMC cyclists’ fundraising campaigns, thus allowing 100% of cyclists' fundraising amounts to be contributed to the Dana-Farber Cancer Institute. The management fee covers the salaries of six full-time and three part-time Starrting Events employees, including Billy Starr. The PMC Board evaluates Starr’s compensation with outside, independent compensation professionals who consider his performance and responsibilities alongside his peers in New England, and in non-profit management.
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| Starr founded the PMC in 1980, which he ran independently until 1994. That year, in large part because of the growth of the event, Starr formed Pan-Massachusetts Challenge, Inc., a tax exempt corporation with a Board of Directors to oversee the successful operations of the event. Starrting Events is accountable to the 14 member PMC Board of Directors.
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