Vista Outdoor Foundation Donates $208,000 to Four Nonprofits
18 Marzo 2024 - 9:01PM
Business Wire
The donations mark the final contribution from the Vista Outdoor
Foundation as the company prepares to separate.
The Vista Outdoor Foundation (the “Foundation”), the
philanthropic partner of Vista Outdoor Inc. (NYSE: VSTO), today
announced the donation of $208,000 to four nonprofit organizations,
concluding a multi-year grant commitment. The four nonprofits
receiving proceeds are:
- Little Bellas: Mentoring on Mountain Bikes: Little
Bellas creates opportunities for girls to experience success using
mountain biking as the platform and pathway to personal
growth.
- Outdoors Tomorrow Foundation: The Outdoors Tomorrow
Foundation teaches outdoor education and promotes and funds
conservation of wildlife worldwide.
- Pedal Power MN: Pedal Power has created a model for 4th
and 5th grade classes to go out for weekly rides with their
teachers, to use bikes instead of buses, and to ride year-round
with an after-school group to locations all over Minneapolis.
- Scholastic Shooting Sports Foundation, Inc.: Scholastic
Shooting Sports Foundation provides shooting-sports education and
opportunities to school-age youth to encourage young athlete
personal growth and development.
The donations mark the final contributions from the Vista
Outdoor Foundation. Post-separation, the new companies — Revelyst
and The Kinetic Group — will develop their own charitable giving
strategies and announce those to stakeholders.
“For the last several years, the Vista Outdoor Foundation has
supported more than a dozen nonprofits through our robust grant
program,” said Fred Ferguson, Chairman of the Vista Outdoor
Foundation and Vice President of Public Affairs and Communications
for Vista Outdoor’s Revelyst segment. “We couldn’t be prouder of
all the donations we’ve made, and we hope our support will help all
these organizations make a difference in their respective
communities and activities.”
“Supporting educational programs and the responsible use of our
products is so important to the future of wildlife and enjoyment of
the outdoors,” said Jason Nash, Foundation board member and Vice
President of Marketing for Vista Outdoor’s The Kinetic Group
segment. “The Foundation has allowed us to provide additional
resources to outstanding partners who exemplify how best to enrich
our sporting heritage and ensure generations are able to enjoy the
shooting sports.”
For a recap of the Foundation’s 2023 activities, please view the
annual report.
About Vista Outdoor Foundation
The Vista Outdoor Foundation is a not-for-profit, tax-exempt
Delaware corporation under Section 501(c)(3) of the Internal
Revenue Code. The Foundation supports nonprofit partners and
programs that seek to expand recreational access, encourage youth
participation and diversity in outdoor sports, protect and conserve
open space, and mitigate the effects of climate change. The
Foundation’s Board of Directors is comprised of employees from
Vista Outdoor Inc. who represent a broad cross-section of the
company’s diverse portfolio of brands, outdoor activities and
consumers. For more information, visit our website at
www.vistaoutdoor.com/Foundation.
About Vista Outdoor Inc.
Vista Outdoor (NYSE: VSTO) is the parent company of more than
three dozen renowned brands that design, manufacture and market
sporting and outdoor products. Brands include Bushnell, CamelBak,
Bushnell Golf, Foresight Sports, Fox Racing, Bell Helmets, Camp
Chef, Giro, Simms Fishing, QuietKat, Stone Glacier, Federal
Ammunition, Remington Ammunition and more. Our reporting segments,
Outdoor Products (Revelyst) and Sporting Products (The Kinetic
Group), provide consumers with a wide range of performance-driven,
high-quality and innovative outdoor and sporting products. For news
and information, visit our website at www.vistaoutdoor.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240318957591/en/
Eric Smith 720-772-0877 media.relations@vistaoutdoor.com
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