Pikes Peak or Bust Rodeo Foundation logo

Pikes Peak or Bust Rodeo Foundation

Public charity · Grantmaker Colorado Springs, CO EIN: 84-1589318 Website

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.

Key facts about Pikes Peak or Bust Rodeo Foundation

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.

EIN
84-1589318
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$143,000
Grants made (2025)
8
Average grant
$17,875
Median grant
$10,000
Total assets
$359,549
Primary geography
Colorado (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$360K

-24.3% YoY

Annual Giving

$143K

-97.8% YoY

Grant Count

8

-20.0% YoY

Avg Grant Size

$18K

-97.3% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

Colorado SpringsPeterson AFBPeterson SFBUsaf AcademyCastle RockFort CarsonSchriever SFBShreiver AFBArlingtonDenverLaramie

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M10 grants2020 3 grants2021 8 grants2022 9 grants2023 10 grants2024 8 grants2025

From 2020 to 2025, annual grant giving ranged from $28K (2021) to $6.5M (2024). In 2025 it made 8 grants totaling $143K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Fort Carson Sergeants Major Association: $60KFort Carson Sergeants MajorAssociation$60KPeterson AFB Operation Warm Heart: $30KPeterson AFB Operation WarmHeart$30KUsafa Chiefs Group: $10KUsafa Chiefs Group$10KSpace Enlisted Council: $10KSpace Enlisted Council$10KSpecial Forces Foundation: $10KSpecial Forces Foundation$10KSpace Top 3: $10KSpace Top 3$10K302ND First Sergeants Warm Heart: $8K302ND First Sergeants WarmHeart$8KNorad and Usnorthcom Enlisted Council: $6KNorad and Usnorthcom EnlistedCouncil$6K

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

35<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

The most common grant size was under $50K: 35 grants of 38 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fort Carson Sergeants Major Association Colorado Springs, COTo support the ongoing morale, welfare, and recreation mission.$60,000
Peterson AFB Operation Warm Heart Peterson SFB, COTo support the ongoing morale, welfare, and recreation mission.$29,500
Usafa Chiefs Group Usaf Academy, COTo support the ongoing morale, welfare, and recreation mission.$10,000
Space Enlisted Council Colorado Springs, COTo support the ongoing morale, welfare, and recreation mission.$10,000
Special Forces Foundation Castle Rock, COTo support the ongoing morale, welfare, and recreation mission.$10,000
Space Top 3 Peterson SFB, COTo support the ongoing morale, welfare, and recreation mission.$10,000
302ND First Sergeants Warm Heart Colorado Springs, COTo support the ongoing morale, welfare, and recreation mission.$7,500
Norad and Usnorthcom Enlisted Council Peterson AFB, COTo support the ongoing morale, welfare, and recreation mission.$6,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$359,549$475,100$7,856,319
Revenue$318,025$4,025,331$2,010,896
Expenses$341,208$6,823,167$1,823,247
Net Investment Income$2,214$2,921$3,984

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS December 15, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS December 15, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS December 14, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS December 15, 2023)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS December 17, 2024)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS December 15, 2025)
  7. IRS filings on file for fiscal years 2020–2025

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

Kyle Park — General Manager: $156KKyle ParkGeneral Manager$156K

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.

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