The Specialized Foundation

Organization Overview

The Specialized Foundation is located in Morgan Hill, CA. The organization was established in 2016. According to its NTEE Classification (O05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Specialized Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Specialized Foundation generated $3.1m in total revenue. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 90.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Specialized Foundation has awarded 259 individual grants totaling $3,607,578. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

RIDING FOR FOCUS:IN 2021, OUTRIDE GRANTED 52 NEW MIDDLE SCHOOLS THE RIDING FOR FOCUS PROGRAM ACROSS THE US AND CANADA. THE PROGRAM INTEGRATES A CYCLING PROGRAM INTO THE PHYSICAL EDUCATION CURRICULUM TO IMPROVE STUDENTS COGNITIVE, PHYSICAL, AND SOCIO-EMOTIONAL WELLBEING. TO SUPPORT THE PROGRAMS, OUTRIDE GRANTED 1,056 BIKES AND HELMETS AND TRAINED 144 TEACHER CHAMPIONS IN THE RIDING FOR FOCUS CURRICULUM. ADDITIONALLY, OUTRIDE UPDATED THE ENTIRE RIDING FOR FOCUS CURRICULUM IN 2021 AND HOSTED THE FIRST IN-PERSON TRAINING IN GALLUP, NM TO SUPPORT SIX SCHOOLS WITH DIRECT RIDING FOR FOCUS TRAINING FROM THE NAVAJO NATION.


RESEARCH:OUTRIDE'S RESEARCH AIMS TO UNDERSTAND HOW RIDING A BIKE IMPACTS THE COGNITIVE, SOCIAL, AND EMOTIONAL HEALTH OF YOUTH. WE DO THIS THROUGH BOTH APPLIED RESEARCH AND PROGRAM EVALUATION WITH OUR RIDING FOR FOCUS PROGRAM AND THROUGH SUPPORTING AND COLLABORATING ON INSTITUTIONAL RESEARCH AT UNIVERSITIES ACROSS THE COUNTRY. OUR ANNUAL SUMMIT SERVES TO DISSEMINATE THE MOST RECENT RESEARCH ON THE IMPACT OF YOUTH CYCLING PROGRAMS ON THE HEALTH AND HAPPINESS OF YOUTH AND THEIR COMMUNITIES, HELPING TO PUT RESEARCH INTO PRACTICE.


OUTRIDE FUND:THE OUTRIDE FUND EMPOWERS LOCAL COMMUNITIES TO INVEST IN YOUTH CYCLING PROGRAMS THROUGH A COMBINATION OF FUNDRAISING AND DOLLAR-FOR-DOLLAR MATCHING GRANTS. IN 2021, OUTRIDE AWARDED ONE ROUND OF OUTRIDE FUND GRANTS. THIS, THE FOURTH ROUND, COMMITTED OVER $530,000 IN MATCHING FUNDS TO 53 ORGANIZATIONS FOCUSED ON IMPROVING DIVERSITY, EQUITY, INCLUSION AND OPPORTUNITY FOR YOUTH RIDERS. THE OUTRIDE FUND HAS NOW COMMITTED OVER $1,000,000 IN MATCHING GRANTS VIA 129 COMMUNITY GRANTS IN 40 STATES SINCE ITS INCEPTION IN 2019. THE OUTRIDE FUND ALSO OPENED A FIFTH ROUND OF GRANT APPLICAITONS IN 2021, WHICH WILL BE AWARDED IN 2022, FURTHER INCREASING ACCESSIBILITY IN CYCLING FOR YOUTH PROGRAMS AND COMMUNITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,121,032
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $16,389
Other Income $4,500
Total Revenue $3,141,921

Grants Awarded

Over the last fiscal year, The Specialized Foundation has awarded $1,249,664 in support to 90 organizations.

Grant RecipientAmount

LINCOLN PARK BMX ASSOCIATION

Org PageRecipient Profile

Port Angeles, WA

PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES

$52,330

PROJECT BIKE TECH

PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES

$40,000

NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION NICA

Org PageRecipient Profile

Orinda, CA

PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES

$33,853

FREE BIKES 4 KIDZ MN

Org PageRecipient Profile

Eden Prairie, MN

PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES

$30,345

PEOPLE CYCLE LLC

PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES

$30,154

I CHALLENGE MYSELF INC

Org PageRecipient Profile

New York, NY

PURPOSE: TO IMPROVE LIVES OF KIDS WITH LEARNING DIFFERENCES

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Specialized Foundation has recieved totaling $19,544.

Awarding OrganizationAmount
Usa Cycling Development Foundation

Colorado Springs, CO

PURPOSE: SUPPORT OF CYCLING PROGRAMS

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$9,544
View Grant Recipient Profile

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