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Trek Foundation Inc. is a private corporation based in WATERLOO, WI. The foundation received its IRS ruling in 2021. The principal officer is Trek Bicycle - Attn Robert Burns. It holds total assets of $98K. Annual income is reported at $526K. Total assets have decreased from $457K in 2021 to $171K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2023. According to available records, Trek Foundation Inc. has made 12 grants totaling $1.7M, with a median grant of $69K. Annual giving has grown from $80K in 2021 to $415K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 6 grants. Individual grants have ranged from $20K to $500K, with an average award of $145K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in California, Arizona, Wisconsin, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. 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.
Trek Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, AZ, WI.
Trek Foundation Inc. has distributed a total of $1.7M across 12 grants. The median grant size is $69K, with an average of $145K. Individual grants have ranged from $20K to $500K.
Submissions must 1) help preserve the land in perpetuity, 2) be open to the public and free to use and 3) prove a commitment to activate the trails with the local community.
Trek Foundation Inc. is headquartered in WATERLOO, WI. While based in WI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Burke | DIRECTOR | $0 | $0 | N/A |
| Joe Siefkes | DIRECTOR | $0 | $0 | N/A |
| Chad Brown | DIRECTOR | $0 | $0 | N/A |
| Tania Burke | DIRECTOR | $0 | $0 | N/A |
| Jason Schroeder | TREASURER | $0 | $0 | N/A |
| Robert Burns | PRESIDENT | $0 | $0 | N/A |
Total Giving
$478K
Total Assets
$171K
Fair Market Value
$171K
Net Worth
$171K
Grants Paid
$415K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$23K
Total Grants
12
Total Giving
$1.7M
Average Grant
$145K
Median Grant
$69K
Unique Recipients
8
Most Common Grant
$500K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Los Padres Council Boy Scouts Of AmericaTO SUPPORT THE DEVELOPMENT OF CAMP RANCHO ALEGRE PUBLIC CYCLING TRAILS. | Santa Barbara, CA | $175K | 2023 |
| City Of Idaho SpringsTO SUPPORT THE COMPLETION OF THE VIRGINIA CANYON MOUNTAIN BIKE TRAIL SYSTEM. | Idaho Springs, CO | $125K | 2023 |
| Southern Off Road Bicycle AssociationTO SUPPORT THE DEVELOPMENT OF JEREMY'S HILL CYCLING TRAILS. | Woodstock, GA | $75K | 2023 |
| Wheel FunTO SUPPORT WHEEL FUN IN THEIR DR. DANIEL BRIGHT SCHOOL BIKE SKILLS PARK, AND OAK CREEK SCHOOL BIKE SKILLS PARK. | Sedona, AZ | $40K | 2023 |
| Ventura Land TrustTO HELP PROTECT LAND AND DEVELOP CYCLING TRAIL SYSTEMS FOR PUBLIC USE. | Ventura, CA | $500K | 2022 |
| American Birkebeiner Ski Foundation IncTO SUPPORT AMERICAN BIRKEBEINER SKI FOUNDATION IN PROVIDING, PROTECTING, AND DEVELOPING LAND FOR PUBLIC USE BY BIKE. | Hayward, WI | $69K | 2022 |
| Verde Valley Wheel FunTO SUPPORT VERDE VALLEY IN THEIR OAK CREEK SCHOOL BIKE SKILLS PARK. | Sedona, AZ | $54K | 2022 |
| Elings Park FoundationTO SUPPORT ELINGS PARK FOUNDATION IN PROVIDING, PROTECTING, AND DEVELOPING LAND FOR PUBLIC USE BY BIKE RIDERS. | Santa Barbara, CA | $60K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI