MINNEAPOLIS, April 9, 2009 – To complete the third year of the company’s T.R.A.I.L.S. grant program, Polaris Industries announced the granting of $46,500 to five organizations in five states. In more than three years, the Polaris T.R.A.I.L.S. Grant Program has granted $746,557 in funds to local, state and National ATV Clubs. To date, Polaris has assisted 83 organizations in 42 states across the U.S.
The first of its kind in the ATV industry, the ‘T.R.A.I.L.S.’ grant program was launched in January 2006 for ATV clubs, associations and grassroots groups. ATV riders and the trails they use are the lifeblood of the sport and Polaris aimed to create a program to help.
The T.R.A.I.L.S. program makes funds available to not-for-profit national, state and local organizations in the United States to ensure the future of legal ATV riding.
T.R.A.I.L.S. stands for:
T = Trail Development
R = Responsible Riding
A = Access
I = Initiatives
L = Lobbying
S = Safety
The grant program encompasses two main objectives – promoting safe and responsible riding, and preserving access. Funds can be used by organizations for trail development and maintenance projects, safety and education initiatives, lobbying and other projects to increase and maintain land access.
“Polaris continues to see increasing interest in our grants program,” said Matt Homan, vice president and general manager of the Off-Road Division at Polaris. “We continue to be committed to the organizations who work diligently to ensure the future of our sport.”
The grants ranged from $7,000 to the maximum $10,000 and will be applied toward: trail development, improvements, expansion, education and the construction of an ATV safety course.
The sixth round of T.R.A.I.L.S. grant recipients are:
Long Island Recreational Trails Conservatory (New York)
Balsam Trail Blazers ATV Club (Minnesota)
Birdseye Mountain ATV Club (Vermont)
Colorado Off-Highway Vehicle Association
USDA Forest Service- Ironton Ranger District (Ohio)
For more information on the ‘T.R.A.I.L.S.’ grant program and an application form, visit the Polaris Web site at www.polarisindustries.com and click on “Riders,” then select “Right to Ride.” http://www.pi54.com/ATV/PDFs/TRAILSGrantAppForm.pdf
Grant applications are reviewed two times per year — in March and September, with corresponding submission deadlines of March 1 and September 1. Organizations must have 501c3, 501c7 or non-profit organization status. Project funding, or matching funding, from other sources is an important criteria to be considered for a T.R.A.I.L.S. grant.
With annual 2008 sales of $1.9 billion, Polaris designs, engineers, manufactures and markets off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER™, snowmobiles and Victory motorcycles for recreational and utility use.
Polaris is a recognized leader in the snowmobile industry, and one of the largest manufacturers of ORVs in the world. Victory motorcycles, established in 1998 and representing the first all-new American-made motorcycle from a major company in nearly 60 years are rapidly making impressive in-roads into the cruiser and touring motorcycle marketplace. Polaris also enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships.
Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII,” and the Company is included in the S&P Small-Cap 600 stock price index.
Information about the complete line of Polaris products, apparel and vehicle accessories, is available from authorized Polaris dealers or anytime from the Polaris homepage at www.polarisindustries.com.