Vista Outdoor Foundation Donates $208,000 to Four Nonprofits

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Vista Outdoor Foundation donates $208,000 to four nonprofits as the company prepares to separate. The donations mark the final contribution from the Foundation, with plans for new companies Revelyst and The Kinetic Group to develop their own charitable giving strategies post-separation.

The donations mark the final contribution from the Vista Outdoor Foundation as the company prepares to separate.

ANOKA, Minn.--(BUSINESS WIRE)-- 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240318957591/en/

Eric Smith

720-772-0877

media.relations@vistaoutdoor.com

Source: Vista Outdoor Inc.

FAQ

What amount did Vista Outdoor Foundation donate to four nonprofit organizations?

Vista Outdoor Foundation donated $208,000 to four nonprofit organizations.

What are the names of the four nonprofits that received donations from Vista Outdoor Foundation?

The four nonprofits are Little Bellas, Outdoors Tomorrow Foundation, Pedal Power MN, and Scholastic Shooting Sports Foundation, Inc.

What are the focus areas of the nonprofits that received donations?

The focus areas include mentoring on mountain bikes, outdoor education, conservation of wildlife, biking for school-age youth, and shooting-sports education.

What will happen post-separation with the new companies Revelyst and The Kinetic Group?

The new companies will develop their own charitable giving strategies and announce those to stakeholders post-separation.

Who is the Chairman of the Vista Outdoor Foundation?

Fred Ferguson is the Chairman of the Vista Outdoor Foundation.