Local Business, IAP Racing, helps Beat the Odds

Local Business, IAP Racing, helps Beat the Odds

Driving down Rt. 606 in Sterling, one is struck by the dozens of non-descript warehouse and commercial buildings. One in particular houses millions of dollars worth of exotic cars, and is home to IAP Racing, a high-end automotive shop and a business also committed to raising money to help at-risk Loudoun County youth and a variety of other local causes.

Each year IAP sponsors car shows and charity events at its Sterling, VA location, raising money for local causes. The latest, Oct. 22, included a DJ, food, awards and a raffle to raise money for the Loudoun chapter of Beat the Odds.

Participants were also treated to Ferrari’s, Maserati’s, Lamborghini’s, Audi’s and BMWs in colors that collectively looked like a bag of Skittles poured onto the parking lot at IAP Racing. The company is a service and performance shop for these high-end machines, and its owners were on hand to match dollar-for-dollar every contribution to the raffle.

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“The partners at IAP Racing believe that it’s our responsibility to help the community from which we are benefiting,” says Steve Frederickson, CEO of IAP Racing.  “It’s our honor to give back to the community,” said his brother, Russell Frederickson, Vice President of Marketing for IAP.

Beat the Odds is a nationally recognized program initiated in 1990 by the Children’s Defense Fund.

The program identifies local youth who have demonstrated the ability to succeed in spite of being at risk for failure because of their environment or life circumstances.  It seeks to improve their odds for success by providing financial awards and scholarships to assist them in pursuing educational and vocational goals.

Loudoun’s chapter was started in 2004 through the efforts of the Loudoun County Bar Association and other county agencies.

Each year, the Loudoun chapter granted more awards than in previous years. Last year, six local youth were awarded scholarship money totaling $22,000, with the top two also given laptop computers for college.

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Tom Julia
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