The Grand Forks Foundation for Education will be the recipient of all proceeds from the Rydell Car and Bike Show Charity Event.
The charity event will be held from 11 a.m. until 4 p.m. on Sept. 15.
Emilia Hodgson, executive director of the nonprofit, said she is "beyond thrilled" to have been chosen as the recipient.
"We are just so so excited. This will help us complete the purchase of the vehicle we were raising money for on Giving Hearts Day," Hodgson said. "The remaining funds will go toward our bus ticket program, our school nutrition program and a program that provides counseling services for students."
The Foundation for Education is working to purchase a large vehicle to transport homeless, foster care and at-risk students to and from school.
Each year Rydell employees vote on a local charity to be the beneficiary of the event. All of the money donated at the show will go to the Grand Forks Foundation for Education. Rydell will match up to $40,000.
Since the first charity event in 2007, Rydell has raised nearly $760,000 for local organizations.
The Grand Forks Foundation for Education also will be using the money to purchase school supplies and winter clothing for students in need.
"We can support our students in every way possible," Hodgson said. "This gift from Rydell ensures all students will have a seat on the bus, a seat at the lunch table, and most importantly, a seat in the classroom."
Hodgson said the generosity of the Rydell family and employees of the company is "unmatched."
"They do so much and (the Rydell Car and Bike Show Charity Event) is just another way they show their appreciation for the community they live and work in," Hodgson said.
Past organizations the charity event has benefited include the Circle of Friends Humane Society, the Community Violence Intervention Center and the Altru Cancer Center.
The Rydell Car and Bike Show Charity Event welcomes vehicles and attendees of all ages.
"If your car, truck, SUV, bike or tricycle is special to you, Rydell would love to have it in their show," the company said in a release.