Earn-a-Bike was awarded more than $55,000 thanks to Philanthropitch, a fast-pitch competition for innovative nonprofits.

SAN ANTONIO Instead of its annual live event that attracted several hundred nonprofit supporters, this year by going virtual, seven finalists selected by Philanthropitch will have a much larger audience. Our finalists can have exposure to people across the country, said Philanthropitch co-founder Lisa Graham. By bridging the gap the past three years between deserving nonprofits and generous philanthropic organizations, Graham said Philanthropitch has annually awarded $100,000 shared by the finalists. The audience gets to provide funding, the judges provide funding and we have local companies and corporate supporters who give large checks as well, Graham said. RELATED: KSAT Community hosts Giving Tuesday to support 36 local nonprofits