MGD Wealth’s $223,889 Boosts TRACTION’s $1 Million Fundraiser, Supporting Youth Empowerment

Through the 2024 BEYOND Cycling Challenge, our team’s dedication helped drive TRACTION’s efforts to provide invaluable support to young Australians in need.

The challenge raised over $1 million for TRACTION’s mentoring and education programs, to empower our young people to overcome challenges and unlock their potential. MGD Wealth’s $223,889 contribution underscores our shared responsibility to invest in the future, creating opportunities for growth, resilience, and success.

Impact at a Glance

  • $1M raised for TRACTION’s youth programs, helping vulnerable young Australian build skills for life.

  • MGD Wealth’s $223,889 contribution exceeded fundraising goals.

  • 800 km and 10,000m elevation conquered in 5 days.

  • 100% of funds go directly to empowering youth.

  • A shared commitment to investing in the next generation.

A Testament to Commitment and Teamwork

The BEYOND Cycling Challenge was no small feat. Spanning five days, nearly 800 kilometres, and more than 10,000 meters of elevation gain, it tested the endurance and determination of all riders. Each member of the MGD Wealth team, including our CEO John Barton and Director, Wealth Peter Cottell, showed unwavering commitment to the cause, putting in countless hours of training and effort to ensure they not only met but exceeded their fundraising target.

The ride itself was demanding, with each day presenting its own set of challenges. From the initial 170-kilometre leg from Esk to Toowoomba to the monumental 222-kilometre journey from Melrose Station to Surfers Paradise, the team pushed through physical and mental barriers, united by a shared purpose. Their perseverance exemplified the very values that MGD Wealth strives to embody: commitment, teamwork, and the drive to make a meaningful difference.

The Impact of Our Collective Effort

The funds raised by MGD Wealth and the broader cycling community will directly benefit TRACTION’s programs, which provide mentorship, education, and support to vulnerable youth across Australia. These initiatives help young people build skills for life, from resilience and emotional intelligence to practical career pathways, all designed to empower them to lead successful, fulfilling lives.

At MGD Wealth, we are proud of the part we played in this remarkable effort. This fundraising achievement is a testament to what can be accomplished when individuals, teams, and communities come together to make a positive impact. It is our privilege to contribute to an organisation like TRACTION, whose work continues to inspire and uplift the next generation of leaders.

Looking Ahead: A Continued Commitment to Social Impact

While the BEYOND Cycling Challenge may be over, our commitment to supporting young Australians and their futures remains steadfast. MGD Wealth is dedicated to continuing our efforts in creating lasting change—whether through future events, direct support for causes that align with our values, or empowering the next generation through financial literacy and mentorship.

As we reflect on the success of the 2024 BEYOND Cycling Challenge, we look forward to the continued growth of our partnership with TRACTION and other organisations doing meaningful work in the community. Together, we can help shape a future where every young person has the opportunity to thrive.


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