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Pro Cyclist Foundation is a private corporation based in BOULDER, CO. The foundation received its IRS ruling in 2021. It holds total assets of $2K. Annual income is reported at $120K. Total assets have decreased from $31K in 2021 to $2K in 2024. The foundation is governed by 4 officers and trustees. To offer professional cyclists improved access to legal, wellness and career services to benefit the sport of cycling at all levels. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Funding is distributed across 5 states, including California, New York, Massachusetts. According to available records, Pro Cyclist Foundation has made 29 grants totaling $720K, with a median grant of $25K. Annual giving has decreased from $350K in 2021 to $58K in 2023. Individual grants have ranged from $500 to $150K, with an average award of $25K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Colorado, California, South Carolina, which account for 48% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$35K
Median Grant
$43K
Average Grant
$58K
Largest Grant
$150K
Based on 6 grants from the most recent 990-PF filing.
To offer professional cyclists improved access to legal, wellness and career services to benefit the sport of cycling at all levels.
Expenses: $270K
To offer professional cyclists improved access to legal, wellness and career services to benefit the sport of cycling at all levels. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in CO, CA, SC.
Pro Cyclist Foundation has distributed a total of $720K across 29 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $500 to $150K.
Pro Cyclist Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pro Cyclist Foundation is headquartered in BOULDER, CO. While based in CO, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Greg Casals | PRESIDENT | $0 | $0 | N/A |
| Linda Casals | TREASURER | $0 | $0 | N/A |
| Nate Brown | SECRETARY | $0 | $0 | N/A |
| William Jones | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2K
Fair Market Value
N/A
Net Worth
$2K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
29
Total Giving
$720K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
15
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aevolo Cycling IncDEVELOP ELITE CYCLISTS | New York, NY | $25K | 2022 |
| Usa CyclingDEVELOP THE SPORT OF CYCLING | Colorado Springs, CO | $25K | 2023 |
| Hot Tubes Development Cycling Team IncAMATEUR CYCLING COMPETITIONS | Shirley, MA | $10K | 2023 |
| Velosport CyclingDEVELOP TOP JUNIOR RIDERS | Simi Valley, CA | $10K | 2023 |
| Eurocross AcademyDEVELOP TOP JUNIOR RIDERS | Helena, MT | $5K | 2023 |
| Roxo RacingPROGRAM SUPPORT | Austin, TX | $5K | 2023 |
| Midwest CyclingRACE SUPPORT | Greenfield, WI | $3K | 2023 |
| We DevelopmentPROGRAM SUPPORT | Ashland, MA | $500 | 2023 |
| On To CyclingPROGRAM SUPPORT | Greenville, SC | $50K | 2022 |
| Lux DevelopmentDEVELOP TOP JUNIOR RIDERS | Thousand Oaks, CA | $25K | 2022 |
| Trek VaudePROGRAM SUPPORT | — | $25K | 2022 |
| David SpindlerGRANT TO INDIVIDUAL RIDER | Shellharbour | $1K | 2022 |
| EwertGRANT TO INDIVIDUAL RIDER | Lone Tree, CO | $1K | 2022 |
| Team Twenty24 CyclingDEVELOP AND SUPPORT STUDENT ATHLETES THROUGH CYCLING | Kentfield, CA | $40K | 2021 |
| PedalgogyBIKE TOURING EDUCATION | Greenville, SC | $35K | 2021 |