Club Cobra Keith Craft Racing  

Go Back   Club Cobra > General Discussion > Shelby and Racing History

Keith Craft Racing
Nevada Classics
MMG Superformance
Main Menu
Module Jump:
Nevada Classics
Nevada Classics
Advertise at CC
Banner Ad Rates
MMG Superformance
Keith Craft Racing
MMG Superformance
March 2024
S M T W T F S
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31            
  #41 (permalink)  
Old 07-25-2007, 04:36 PM
computerworks's Avatar
Senior Club Cobra Member
Visit my Photo Gallery
Lifetime Contributor
 
Join Date: Mar 2001
Location: Northport, NY
Cobra Make, Engine: Kirkham, KMP178 / '66 GT350H, 4-speed
Posts: 10,362
Not Ranked     
Default

Quote:
Originally Posted by Chaplin
Who unbanned them?
...he forced me. He had pictures.
Reply With Quote
  #42 (permalink)  
Old 07-25-2007, 04:49 PM
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
Not Ranked     
Default

Ahhh, it warms my heart to see Dan around these parts!
Reply With Quote
  #43 (permalink)  
Old 07-25-2007, 05:46 PM
clayfoushee's Avatar
CC Member
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Annapolis, MD
Cobra Make, Engine: Unique, 427SO, it runs
Posts: 2,636
Not Ranked     
Default

So, what happened to the "explanation letter?" All I see is "Page Not Found."
__________________
Clay
Reply With Quote
  #44 (permalink)  
Old 07-25-2007, 06:14 PM
Dan Semko's Avatar
Hoosier Gashole Emeritus
Visit my Photo Gallery

 
Join Date: Jan 2000
Location: Richmond, IN
Cobra Make, Engine:
Posts: 2,292
Not Ranked     
Wink

Quote:
Originally Posted by computerworks
...he forced me. He had pictures.

Sorry Ron, I have to let the "sheep" out of the bag!
Attached Images
 
__________________
DDS/The First Edition

"In debates on ethically contentious issues, it is never wise nor polite to deride or belittle another person's delusion."
Reply With Quote
  #45 (permalink)  
Old 07-25-2007, 06:17 PM
computerworks's Avatar
Senior Club Cobra Member
Visit my Photo Gallery
Lifetime Contributor
 
Join Date: Mar 2001
Location: Northport, NY
Cobra Make, Engine: Kirkham, KMP178 / '66 GT350H, 4-speed
Posts: 10,362
Not Ranked     
Default

Quote:
Originally Posted by clayfoushee
So, what happened to the "explanation letter?" All I see is "Page Not Found."

Them servers cost too much.

Quote:
July 23, 2007

Dear Friends and Supporters,

I was surprised by Kathy Jackson’s recent misinformed article about the Carroll Shelby Children’s Foundation that appeared in Automotive News and its sister publication AutoWeek. Some who read this article might think that the Foundation is not running on all cylinders. Nothing could be further from the truth.

We’ve throttled back a bit on our giving because we are committed to create a perpetual endowment. It’s routine for non-profit organizations to build an endowment that ensures the group can continue its mission in the future. At 84 years old, you can understand why I’m concerned with this issue. I want the Foundation to do great work years after I’m not around.

Though we’ve experienced a few growing pains, I’d like to point out a few important items:

We’re not “skimping on the giving.” While the Foundation will certainly continue to donate money to deserving kids and groups, everyone on the board is first committed to building the endowment so we don’t run out of money once I can’t sign autographs to raise funds. We won’t toss out our long-term strategic plan for a short-term benefit because of misinterpreted information discussed during an interview with a Shelby executive.
I hired Jenni Shreeves, a very capable Foundation director and very recently expanded the board to help us reach our endowment goals; they are helping me make donation decisions that won’t risk the Foundation’s future financial security.
I’ve been searching for another person from outside the auto industry with expertise in this area to join the board of directors and provide additional expertise, as well as different perspective.
Prior to working with Ford Motor Company beginning in 2006, I personally raised almost all of the funds for the Foundation by donating my personal cars and signing autographs. Sooner or later, I will run out of cars and the ability to sign autographs. Working with Ford has allowed us to take that next step and build a more diverse donor base for the Foundation.
With the sudden inflow of significant money over the past 18 months, we tapped Wells Fargo to analyze our strategic plan and help us manage these funds. It is prudent stewardship to put on the brakes instead of throwing around money like a drunken lottery winner. We expect to announce their findings shortly.
What began as an effort to help kids has become much larger than I ever imagined thanks to many wonderful people, including partners such as Ford. While our fundraising was once confined to small donations, they have dramatically accelerated our efforts. We are much closer to making more substantial and more frequent donations for years to come.

The team is meeting our challenges head-on while building a world class organization. I invite you to talk to Jenni, one of the board members or me anytime. I am sure you will be impressed.

Sincerely,


Carroll Shelby
Reply With Quote
  #46 (permalink)  
Old 07-25-2007, 11:41 PM
427sharpe's Avatar
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: May 2001
Cobra Make, Engine: A CSX Cobra,1966 GT350 and an '06 Ford Heritage GT
Posts: 1,829
Not Ranked     
Default

This has become another CS bash, and it's really rather sad. If you read the WHOLE article on AutoWeeks site, it gives a better perspective. They are trying to build up enough cash to bank it, and use the dividends of that $ to grant to kids so that the CHARITY outlives it's namesake. Solid reasoning. Lets not forget that the charity was really a shoestring deal for CS and didn't rake in big bucks until Ford came along and started supporting it.
Oh, and the comment about CS buying his way to the top of a list? Just shows how ignorant some can be. There isn't a shopping list; either you match or you don't....PERIOD. My neice got a kidney transplant VERY quickly by sheer luck, CS waited YEARS for his heart so think before printing, please.
__________________
"I think we have more machinery of government than is necessary, too many parasites living on the labor of the industrious." Thomas Jefferson

Last edited by 427sharpe; 07-25-2007 at 11:45 PM..
Reply With Quote
  #47 (permalink)  
Old 07-26-2007, 01:48 AM
jdean's Avatar
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Jul 2001
Location: Carrollton, TX
Cobra Make, Engine: JBL now SOLD
Posts: 1,735
Send a message via AIM to jdean
Not Ranked     
Default

There is plenty of criticism to go around for all charities.

Consider the largest "transparently operating" charity in the world, the Bill and Melinda Gates Foundation, with $33 billion in assets. To attract and retain qualified health care workers to their cause, they pay more for them. Here is what they get for their good deeds in the area of AIDS assistance in Africa:

"Diversion of health care resources.....
In a January/February 2007 Foreign Affairs article, Laurie Garrett claims that many charitable organizations, among whom the Gates Foundation is prominent, harm global health by diverting resources from other important local health care services. For example, by paying relatively high salaries at AIDS clinics, the foundation diverts medical professionals from other parts of developing nations' health care systems; the health care systems' ability to provide care diminishes (except in the area the foundation funds) and the charities may do more harm than good."

Sometimes you can't win on every angle that is scrutinized.
__________________
6th generation Texan....
Reply With Quote
  #48 (permalink)  
Old 07-26-2007, 05:26 AM
EarlsflyinCobra's Avatar
Ouch Ouch Hot Sand
Visit my Photo Gallery

 
Join Date: Jul 2003
Location: Daytona Beach, FL
Cobra Make, Engine: Street Beasts w/302 Twin Turbocharged....Under Construction!!
Posts: 1,796
Send a message via AIM to EarlsflyinCobra
Not Ranked     
Default Another letter by CS

July 23, 2007

Posted on Blue Oval Forums......(a lot of the letter is the same as Computer Works posted on page 3)

Mr. K.C. Crain Jr.
Publisher
AutoWeek


K.C.,

I was surprised by Kathy Jackson's misinformed article about the Carroll Shelby Children's Foundation. Ms. Jackson did not contact me personally to request an interview and I just learned that an executive at Shelby Licensing failed to pass her request for comment to me. I've always been proud to talk about the Foundation. A conversation with me would have resolved any concerns and allowed me to explain my long term goals.

Some who read this article might think that the Foundation is not running on all cylinders. Nothing could be further from the truth. We’ve throttled back a bit on our giving because we are committed to create a perpetual endowment. It’s routine for non-profit organizations to build an endowment that ensures the group can continue its mission in the future. At 84 years old, you can understand why I’m concerned with this issue. I want the Foundation to do great work years after I’m not around.

Though we’ve experienced a few growing pains, I’d like to point out a few important items:

• I hired Jenni Shreeves, a very capable Foundation director and very recently expanded the board to help us reach our endowment goals; they are helping me make donation decisions that won’t risk the Foundation’s future financial security.

• I’ve been searching for another person from outside the auto industry with expertise in this area to join the board of directors and provide additional expertise, as well as different perspective.

• Prior to working with Ford Motor Company beginning in 2006, I personally raised almost all of the funds for the Foundation by donating my personal cars and signing autographs. Sooner or later, I will run out of cars and the ability to sign autographs. Working with Ford has allowed us to take that next step and build a more diverse donor base for the Foundation.

• With the sudden inflow of significant money over the past 18 months, we tapped Wells Fargo to analyze our strategic plan and help us manage these funds. It is prudent stewardship to put on the brakes instead of throwing around money like a drunken lottery winner. We expect to announce their findings shortly.

• We’re not “skimping on the giving.” While the Foundation will certainly continue to donate money to deserving kids and groups, everyone on the board is first committed to building the endowment so we don’t run out of money once I can’t sign autographs to raise funds. We won’t toss out our long-term strategic plan for a short-term benefit because of misinterpreted information discussed during an interview with a Shelby executive.

What began as an effort to help kids has become much larger than I ever imagined thanks to many wonderful people, including partners such as Ford. While our fundraising was once confined to small donations, they have dramatically accelerated our efforts. We are much closer to making more substantial and more frequent donations for years to come.

The team is meeting our challenges head-on while building a world class organization. I invite Ms. Jackson to talk to me anytime. I am sure she, and Automotive News readers, will be impressed.

Sincerely,


Carroll Shelby
__________________
Safe Flyin, errrrr Drivin, Earl

Last edited by EarlsflyinCobra; 07-26-2007 at 05:29 AM..
Reply With Quote
  #49 (permalink)  
Old 07-26-2007, 06:15 AM
clayfoushee's Avatar
CC Member
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Annapolis, MD
Cobra Make, Engine: Unique, 427SO, it runs
Posts: 2,636
Not Ranked     
Default

Ron and Earl,

Thanks for posting the letters since the link was dead. I'll reserve primary judgement.

However, using the foundation's funds for what looks like Shelby Autos "marketing travel" doesn't seem like the best way to help sick kids. Seems to me the car company should be picking that up. The "foundation" seems to serve an important marketing function for the Shelby brand.
__________________
Clay
Reply With Quote
  #50 (permalink)  
Old 07-26-2007, 08:34 AM
427sharpe's Avatar
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: May 2001
Cobra Make, Engine: A CSX Cobra,1966 GT350 and an '06 Ford Heritage GT
Posts: 1,829
Not Ranked     
Default

I believe in their statement of funds the charity pays expenses ONLY to events in which CS will be fundraising for the charity. Of course since he signs autographs for the $ to the fund I suppose this could be ALL events??
All I am saying is that the old man has his heart in the right place (sorry ) and is trying to do the right thing. he has brought in professionals to help organize the fund (maybe Ford's doing) and bankers to maximize it. Let's give the old wanker the benefit of the doubt. I sure hope that when all is said and done the fund wasn't some marketing gimmic or a tax dodge...I can't afford to lose too many more heroes!
__________________
"I think we have more machinery of government than is necessary, too many parasites living on the labor of the industrious." Thomas Jefferson
Reply With Quote
  #51 (permalink)  
Old 07-30-2007, 04:49 PM
CC Member
Visit my Photo Gallery

 
Join Date: Nov 1999
Location: Bowling Green, OH USA, OH
Cobra Make, Engine: SPF, 427 SO
Posts: 231
Not Ranked     
Default

One of my favorite lines...

"I had the RIGHT to remain silent, but not the ABILITY"

I can't imagine that organization would ever come up with a marketing gimmic or tax dodge. :-D
Reply With Quote
  #52 (permalink)  
Old 07-31-2007, 08:56 PM
CC Member
Visit my Photo Gallery

 
Join Date: Dec 2006
Posts: 415
Not Ranked     
Default

I should apologize for my earlier comments on this thread. Of course, CS deserves the benefit of the doubt (at least from me). I was hasty in my judgment based on a single article, and without any background information jumped to the worst possible conclusions. I look forward to see what great things he has planned for his foundation, and hope that his group is able to work as quickly as possible to begin helping those in need.
Reply With Quote
  #53 (permalink)  
Old 07-31-2007, 09:17 PM
RedCSX1's Avatar
CC Member
Visit my Photo Gallery

 
Join Date: Nov 2003
Location: Fresno, CA
Cobra Make, Engine: Shelby CSX 4766 (Vegas Built) with 482 Aluminum Pond motor
Posts: 814
Not Ranked     
Default Thanks, Very well said

Quote:
Originally Posted by 427sharpe
This has become another CS bash, and it's really rather sad. If you read the WHOLE article on AutoWeeks site, it gives a better perspective. They are trying to build up enough cash to bank it, and use the dividends of that $ to grant to kids so that the CHARITY outlives it's namesake. Solid reasoning. Lets not forget that the charity was really a shoestring deal for CS and didn't rake in big bucks until Ford came along and started supporting it.
Oh, and the comment about CS buying his way to the top of a list? Just shows how ignorant some can be. There isn't a shopping list; either you match or you don't....PERIOD. My neice got a kidney transplant VERY quickly by sheer luck, CS waited YEARS for his heart so think before printing, please.
Thank for making these comments which I believe are right on.
I get sick of seeing people on this site attack the man out of pure joy.
__________________
Morgan LeBlanc
Fresno CA
Reply With Quote
  #54 (permalink)  
Old 08-01-2007, 02:50 PM
Cobrabill's Avatar
CC Member
Visit my Photo Gallery

 
Join Date: Nov 2000
Location: Tucson, Az
Cobra Make, Engine: Superformance 427 Side-Oiler
Posts: 2,156
Not Ranked     
Default

Quote:
Originally Posted by STL Mark
I should apologize for my earlier comments on this thread. Of course, CS deserves the benefit of the doubt (at least from me). I was hasty in my judgment based on a single article, and without any background information jumped to the worst possible conclusions. I look forward to see what great things he has planned for his foundation, and hope that his group is able to work as quickly as possible to begin helping those in need.
Mark-your comments were dead nuts on to begin with.


RedCSX1-not pure joy.Pure reality.

427Sharpe-your "hero" left the building a long,long time ago.
__________________
The rest of the world can have their opinion about the United States just as soon as WE give it to them.
Reply With Quote
  #55 (permalink)  
Old 08-01-2007, 06:14 PM
CC Member
Visit my Photo Gallery

 
Join Date: Dec 2006
Posts: 415
Not Ranked     
Default

Thanks Bill - but I really shouldn't have made such a broad set conclusions from a single source of information - even if it was a "journalist" - you can't believe everything you read. So (for now) I'm remain apologetic, and I'm ready, willing and able to applaud any and all big things coming from the foundation. I hope for all of the kids that things get turned around quickly. I really can't wait! But even with my tolerance and enthusiasm - there are those who (in a very literal sense) really can't wait.
Reply With Quote
  #56 (permalink)  
Old 08-07-2007, 07:19 AM
boblyon1's Avatar
CC Member
Visit my Photo Gallery

 
Join Date: Jun 2007
Location: Santa Rosa, CA
Cobra Make, Engine: SPF #633, 351w stroker, Tremec 3550
Posts: 410
Not Ranked     
Default

Folks would do well to read Carroll Shelby's rebuttal at the end of the article before drawing conclusions. "Growing" the endowment fund for perpetual stability instead of giving away a lot of the value does make sense and will continue his good intentions for many years after he is gone.

bob
__________________
Bob

"All that is necessary for the triumph of evil is that good men do nothing" - Edmund Burke
Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 11:48 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.6.0
The representations expressed are the representations and opinions of the clubcobra.com forum members and do not necessarily reflect the opinions and viewpoints of the site owners, moderators, Shelby American, any other replica manufacturer, Ford Motor Company. This website has been planned and developed by clubcobra.com and its forum members and should not be construed as being endorsed by Ford Motor Company, or Shelby American or any other manufacturer unless expressly noted by that entity. "Cobra" and the Cobra logo are registered trademarks for Ford Motor Co., Inc. clubcobra.com forum members agree not to post any copyrighted material unless the copyrighted material is owned by you. Although we do not and cannot review the messages posted and are not responsible for the content of any of these messages, we reserve the right to delete any message for any reason whatsoever. You remain solely responsible for the content of your messages, and you agree to indemnify and hold us harmless with respect to any claim based upon transmission of your message(s). Thank you for visiting clubcobra.com. For full policy documentation refer to the following link: CC Policy
Links monetized by VigLink