Pikes Peak or Bust Rodeo Foundation
Preserve our western heritage and sense of community while providing recreation, education and exciting opportunities to residents and visitors alike while maintaining our roots in the pikes peak region and supporting our local active duty military members and their families.
Pikes Peak or Bust Rodeo Foundation at a glance
In short: Pikes Peak or Bust Rodeo Foundation gave $143K across 8 grants in 2025 (avg $18K), mostly in Colorado. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $143,000
- -97.8% vs 2024
- Grants made (2025)
- 8
- -20.0% vs 2024
- Average grant
- $17,875
- -97.3% vs 2024
- Median grant
- $10,000
- Total assets
- $359,549
- -24.3% vs 2024
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Pikes Peak or Bust Rodeo Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Fort Carson Sergeants Major Association ($60K). Together the top 8 received $143K.
Grant Size Distribution
38 grants across all recorded years
The most common grant size was under $50K: 35 grants of 38 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Pikes Peak or Bust Rodeo Foundation gives
- Giving grew 25% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $28K (2021) to $6.5M (2024). In 2025 it made 8 grants totaling $143K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fort Carson Sergeants Major Association Colorado Springs, CO | To support the ongoing morale, welfare, and recreation mission. | $60,000 |
| Peterson AFB Operation Warm Heart Peterson SFB, CO | To support the ongoing morale, welfare, and recreation mission. | $29,500 |
| Usafa Chiefs Group Usaf Academy, CO | To support the ongoing morale, welfare, and recreation mission. | $10,000 |
| Space Enlisted Council Colorado Springs, CO | To support the ongoing morale, welfare, and recreation mission. | $10,000 |
| Special Forces Foundation Castle Rock, CO | To support the ongoing morale, welfare, and recreation mission. | $10,000 |
| Space Top 3 Peterson SFB, CO | To support the ongoing morale, welfare, and recreation mission. | $10,000 |
| 302ND First Sergeants Warm Heart Colorado Springs, CO | To support the ongoing morale, welfare, and recreation mission. | $7,500 |
| Norad and Usnorthcom Enlisted Council Peterson AFB, CO | To support the ongoing morale, welfare, and recreation mission. | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $359,549 | $318,025 | $341,208 | $143,000 | 8 | $2,214 |
| 2024 | $475,100 | $4,025,331 | $6,823,167 | $6,548,186 | 10 | $2,921 |
| 2023 | $7,856,319 | $2,010,896 | $1,823,247 | $153,000 | 9 | $3,984 |
| 2022 | $6,133,565 | $1,471,244 | $1,320,721 | $114,000 | 8 | $604 |
| 2021 | $6,031,585 | $593,593 | $849,260 | $28,000 | 3 | $799 |
| 2020 | $5,548,809 | $1,314,313 | $1,269,285 | $164,000 | 10 | $8,009 |
About Pikes Peak or Bust Rodeo Foundation
Based on IRS filings
Pikes Peak or Bust Rodeo Foundation is a public charity, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $360K in total assets. In 2025, it awarded 8 grants totaling $143K. Net investment income was $2K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Pikes Peak or Bust Rodeo Foundation is led by Mike Jorgensen, President on every filing since 2020; none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mike Jorgensen
President
On filings since 2020
1 hr/week
No compensation reported
Bill Tutt
Director
On filings since 2020
1 hr/week
No compensation reported
Bobby Norris
Director
On filings since 2020
1 hr/week
No compensation reported
Carole Sondrup
Director
On filings since 2020
1 hr/week
No compensation reported
Catherine Steele
Director
On filings since 2020
1 hr/week
No compensation reported
Jeff Renehan
Director
On filings since 2020
1 hr/week
No compensation reported
Jerry Biggs
Director
On filings since 2020
1 hr/week
No compensation reported
Kevin Chilton
Director
On filings since 2020
1 hr/week
No compensation reported
Scott Bryan
Director
On filings since 2020
1 hr/week
No compensation reported
Thayer Tutt
Director
On filings since 2020
1 hr/week
No compensation reported
Gary Markle
Director
On filings since 2022
1 hr/week
No compensation reported
Matt Grage
Director
On filings since 2022
1 hr/week
No compensation reported
George Taylor
Director
On filings since 2023
1 hr/week
No compensation reported
Mike McCoy
Director
On filings since 2023
1 hr/week
No compensation reported
Kyle Park
General Manager
On filings since 2020
10 hrs/week
$119K (2020) → $0 (2025)
Ralph Braden
Secretary
On filings since 2020
1 hr/week
No compensation reported
Rich Bender
Vice President
On filings since 2020
1 hr/week
No compensation reported
Rick Powell
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $156K, to Kyle Park (General Manager).
Frequently asked questions about Pikes Peak or Bust Rodeo Foundation
How much does Pikes Peak or Bust Rodeo Foundation give each year?
Pikes Peak or Bust Rodeo Foundation gave $143K across 8 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6.5M across 10 grants.
What is Pikes Peak or Bust Rodeo Foundation's typical grant size?
Pikes Peak or Bust Rodeo Foundation's median grant in 2025 was $10,000, and its average grant was $17,875, across 8 grants on its 2025 IRS Form 990.
Where does Pikes Peak or Bust Rodeo Foundation give grants?
Pikes Peak or Bust Rodeo Foundation gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Colorado Springs, CO (3 grants) and Peterson SFB, CO (2 grants).
Does Pikes Peak or Bust Rodeo Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Pikes Peak or Bust Rodeo Foundation's 2025 IRS Form 990 were described as general or operating support.
Who are Pikes Peak or Bust Rodeo Foundation's largest grantees?
Pikes Peak or Bust Rodeo Foundation's largest 2025 grantees include Fort Carson Sergeants Major Association ($60,000), Peterson AFB Operation Warm Heart ($29,500) and Usafa Chiefs Group ($10,000), according to its 2025 IRS Form 990. Together they received 70% of its itemized 2025 grant dollars.
How large is Pikes Peak or Bust Rodeo Foundation?
Pikes Peak or Bust Rodeo Foundation reported $360K in total assets on its 2025 IRS Form 990. Its revenue that year was $318K.
What is Pikes Peak or Bust Rodeo Foundation's EIN?
Pikes Peak or Bust Rodeo Foundation's EIN (Employer Identification Number) is 84-1589318. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS December 15, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 15, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 14, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS December 17, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 15, 2025)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Pikes Peak or Bust Rodeo Foundation funds
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