This week, some of the 59 cyclists who completed the Bedell Cristin Cycle Peru Challenge were at Government House for the presentation of a cheque for £230,863.
This has since been boosted to £234,000.
The money will go towards the running of the hospice, which costs £5,200 a day and relies solely on public donations.
The Cycle Challenge was launched in January last year and had initially aimed to raise enough to fund the hospice for a month.
But in the light of the generosity shown by Islanders in response to the Asian tsunami the target was reduced to £100,000.
The final figure, however, is more than double that sum.
Hospice Care chairman Gari Purcell-Jones was delighted with the success of the challenge.
He said that the funding was as varied as the cyclists themselves, and praised the long-sighted nature of certain events.
‘During the year new initiatives were launched that will have lasting benefit to Jersey Hospice many years after Cycle Peru is a dim memory.
The Tour de Jersey is now established as an annual fund-raiser, and in 2006 we hope to surpass the £12,000 raised in 2005,’ he said.
Mr Purcell-Jones believes that the biggest legacy of Cycle Peru has been the launching of the I Care for Hospice campaign, a scheme which encourages regular (rather than one-off) donations.
It currently generates £6,350 a month, which funds the charity for the first 30 hours of each month.