//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Bicycle Bridge Foundation is a private corporation based in ARLINGTON, VA. The foundation received its IRS ruling in 2004. The principal officer is Brian P Lamb. It holds total assets of $853K. Annual income is reported at $466K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Bicycle Bridge Foundation has made 11 grants totaling $140K, with a median grant of $5K. Annual giving has decreased from $115K in 2021 to $6K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $13K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Virginia and Indiana and West Virginia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bicycle Bridge Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in VA, IN, WV.
Bicycle Bridge Foundation has distributed a total of $140K across 11 grants. The median grant size is $5K, with an average of $13K. Individual grants have ranged from $1K to $100K.
Bicycle Bridge Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bicycle Bridge Foundation is headquartered in ARLINGTON, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian P Lamb | Chairman | $0 | $0 | N/A |
| Victoria Lamb | Director | $0 | $0 | N/A |
| W Dewey Rasnake | Director | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$850K
Fair Market Value
$821K
Net Worth
$850K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$46K
Total: $727K
Total Grants
11
Total Giving
$140K
Average Grant
$13K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Purdue FoundationCHARITABLE | West Lafayette, IN | $5K | 2023 |
| Mount Vernon Ladies AssociationCHARITABLE | Mount Vernon, VA | $1K | 2023 |
| Delphi Preservation SocietyCHARITABLE | Delphi, IN | $1K | 2022 |
| Arlington Community FoundationCHARITABLE | Arlington, VA | $100K | 2021 |
| Robert C Byrd CenterCHARITABLE | Shepherdstown, WV | $5K | 2021 |
| Purdue Research FoundationCHARITABLE | West Lafayette, IN | $3K | 2021 |
| Benjamin Harrison Conservation FounCHARITABLE | Indianapolis, IN | $2K | 2021 |