On Wednesday evening, the Community Foundation of Teton Valley hosted the 15th Annual Tin Cup Challenge Awards Ceremony. This beloved community event brought nonprofit leaders, donors, and volunteers together to celebrate the results of the 2022 Tin Cup Challenge.
After recognizing the significant contributions of the Foundation’s Board, staff, donors, and volunteers who support the success of both the Tin Cup Challenge Giving Period and Event Day annually, the Community Foundation’s Executive Director, Tim Adams, announced results to an anticipatory crowd, “This year, we had our most successful Tin Cup Challenge yet, breaking records once again and raising an astounding $2,503,922!”
This year’s total funds raised reflects a 13% increase over last year. Gifts from Business & Community Challengers, Friends, and Supporters aggregate the Challenger Fund, totaling $985,948 – which is an increase of 19% over last year. Designated gifts raised by participating nonprofits brought in an amazing $1,517,974, which is an increase of 10% over last year.
One thousand, three hundred eight donors were inspired to give during this year’s Tin Cup Challenge – meaning that one in four Teton Valley households participated in charitable giving through the 2022 Tin Cup Challenge. In fifteen years, the Tin Cup Challenge has raised $20.8 million for the health and well-being of Teton Valley, a community of 11,000+ residents.
Adams reiterated that nonprofits have been “steadfast in making sure that services, programs, and support were never compromised. Our great community saw this commitment and stepped up to support them financially, through volunteerism, and by sharing talents. The individuals you see here tonight illustrate the heart of philanthropy in our community.” The celebration continued as nonprofit representatives picked up their grant checks that included a 50% Matching Grant for the first $25,000 in funds each participating nonprofit raised during the Tin Cup Challenge Giving Period. This year an unprecedented 44% of participating nonprofits reached their giving cap, illustrating the neighborly generosity of Teton Valley residents and awareness for the critical services nonprofits provide.
For the second year and in a new tradition, Challengers and nonprofits gathered, as one community, to celebrate the successes of the 15th Annual Tin Cup Challenge. The event was both inspirational and engaging – providing a unique opportunity for nonprofit champions to mingle and celebrate their collective success. Celebrating together creates shared joy for the positive impacts this fundraiser has on our community.
The palpable gratitude felt during the Awards Celebration is due to the overwhelming support of 247 Business and Community Challengers, 19 Friends of the Challenge, 14 Supporters of the Challenge, and thousands of contributions to participating nonprofits. Without the nonprofits that work tirelessly in our community or the unwavering support of our committed donors, the nonprofit landscape of Teton Valley would be vastly different than it is today. The health of our community is dependent upon the health and vitality of our local nonprofits. Thank you to the Community Foundation of Jackson Hole for their partnership and to everyone that made the 15th Annual Tin Cup Challenge our most successful event to date – together we continue to elevate lives through the power of generosity.
