I donated $501 and got 20040 clickmiles (it posted in 3 days). I then transfered 10,000 miles to Starwood and will be receiving 20,000 Starwood points. I will then transfer 20,000 Starwood points for 25,000 miles.

Therefore for $501, after this is all said and done, I will end up with:

1) 1002 AAdvantage miles for charging it on ClickCiti AAdvantage card
2) 10,040 Clickpoints still left account (will leave there until they offer another double bonus opportunity
3) 25,000 Continental One-Pass miles. (I will transfer the 20,000 Starwood points for 25,000 CO One-Pass miles).

(Note: I did $501 instead of $500 just in case. One of the wordings said 40 for 1 points for over $500. I was just being careful).