This fundraiser is tied to the Reading 275th Citizen's Bicycle Roadrace to benefit the Mount Penn Preservation Partnership, the Penn Wheelmen and the Mountain Folk Music Scholarship Fund administered by the Reading Musical Foundation.

Penn Wheelmen is a historic organization founded in the late 1800s in Reading, Pennsylvania, to put on bicycle races for the purpose of promoting the sport and musical entertainment shows while conducting fundraising to support local 501c3 organizations.  Profits, if any, from this race, Reading 275TH Bicycle Roadrace, will equally benefit the Mount Penn Preservation Partnership, the Mountain Folk Music Scholarship Fund administered by the Reading Musical Foundation, and the Penn Wheelmen to support future events.