For the Third Year Running, Total Funds Raised During Teton Valley’s Biggest Giving Event Surpass $1 Million
Thanks to the incredible generosity of the Tin Cup Community Challengers and individual donors, the Community Foundation of Teton Valley is thrilled to announce the highest Tin Cup Challenge match percentage to date.
“The match percentage for the 6th Annual Tin Cup Challenge is 54%, up from the previous all-time high of 53% last year,” said Community Foundation Executive Director Kim Trotter. “Teton Valley continues to inspire us with their commitment to improving the quality of life in our community through philanthropy, and through their generous support of our local nonprofits during the Tin Cup Challenge.”
With the support of 89 Community Challengers – 20 of whom were new this year – the Community Foundation of Teton Valley raised $482,500 for the match fund, the most yet to match nonprofit’s fundraising efforts. “This year, three generous donors offered to match new Community Challenger gifts or increased Challenger gifts. The community stepped up to meet this opportunity, bringing in new supporters of the Tin Cup Challenge. ”
Remaining available match funds will be distributed through the Community Foundation’s grants and programs. Thanks to the continued success of match fundraising, the Community Foundation anticipates maintaining the amount of funding available through grants over the coming year, continuing the Youth Philanthropy Project, and growing programs in 2014.
Overall fundraising during the 6th Annual Tin Cup Challenge exceeded $1 million for the third consecutive year in the history of the event. A total of 833 donors contributed more than $1,106,000 through the Tin Cup Challenge. In six years, the Community Foundation of Teton Valley has raised over $2.26 million in match funds and through the Tin Cup Challenge, nearly $6 million for the nonprofits in Teton Valley. A total of 49 nonprofits participated in the 6th Annual Tin Cup Challenge and generated nearly $620,000 in designated giving. “This year,” Trotter said, “we saw large increases in designated giving to the smaller nonprofit organizations.”
About the Tin Cup Challenge
The Tin Cup Challenge, produced annually by the Community Foundation of Teton Valley, includes a nine-week giving period capped by a day of running and community celebration. In six years, the event has raised nearly $6 million to benefit Teton Valley nonprofits with match donors giving over $2.26 million.
