This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Indiana University's Famed "Little 500" Bicycle Race Taps Fundly To Power Crowdfunding Campaign For Student Scholarships

MOUNTAIN VIEW, Calif., April 8, 2013 /PRNewswire/ -- The world's largest crowdfunding-for-good platform,  Fundly (, and Indiana University's "Little 500", the country's largest collegiate bike race, have teamed up to launch the first-ever crowdfunding campaign in the 63-year old annual fundraising event's history.

Modeled after the Indianapolis 500, Little 500 cyclists compete in four-person teams around a quarter-mile cinder track at Indiana University's Bill Armstrong Stadium, cheered on by tens of thousands of fans. 

The annual race, which has been the subject of numerous national news reports, sports broadcasts and the Academy Award-winning film "Breaking Away", is a world-famous fundraising event that raises much-needed scholarship funds for IU students. Sponsored by the Indiana University Student Foundation, the Little 500 has raised more than $1.5 million to-date for student scholarships.

For this year's race, taking place April 19 th and 20 th, organizers chose Fundly to power a Little 500 crowdfunding campaign and enable any cycling team and anyone else to quickly and easily launch their own personalized fundraising page on Fundly's platform.  

To date, more than 60 cycling teams have launched their own Fundly fundraising pages and are competing to see who can raise the most scholarship money. Anyone who signs up as a campaign supporter or donor receives news, updates and progress reports from the teams as they enter the homestretch in their race preparations.

"Fundly is proud to partner with the Little 500 to propel their fundraising success. This prestigious event epitomizes the very spirit of crowdfunding – extraordinary students devoting tireless effort and banding together to leverage the power of crowds in service to their community," said Dave Boyce, Fundly CEO. 

"The Little 500 is excited about leveraging Fundly's platform to launch our crowdfunding efforts and amplify our scholarship fundraising," said Dana Cummings, Director of the Indiana University Student Foundation. "The Little 500 is a model of fun, social and community-driven event fundraising, so Fundly is a perfect partner for leveraging our supporters' social networks to make fundraising more fun, social and successful." 

The Little 500's fundraising campaign page is at:

In addition to the Little 500, Fundly serves as the crowdfunding and event fundraising platform for thousands of charity run, walk, bike, swim and dance-athons and other athletic fundraising events across the country, including the Cleveland Marathon, NASCAR driver Ryan Reed's "Drive to Stop Diabetes" for the American Diabetes Association, Teach for America's Mississippi Marathon and  more than 75 "Color Me Rad" 5k Runs nationwide. More about Fundly is at

About  Fundly

The world's #1 crowdfunding-for-good platform, Fundly's mission is to help more people give more. The largest, most widely-adopted and easiest-to-use crowdfunding-for-good and event fundraising platform, Fundly has enabled more than 30,000 nonprofit organizations, volunteer groups, fundraising events and individual fundraisers large and small to collectively raise more than $305 million and counting. Fundly is the proven fundraising solution for everyone from local PTAs, to Run Walk Ride events, to the world's largest charities, including Habitat for Humanity, Teach for America and Children's Miracle Network Hospitals.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs