The Community Foundation of Teton Valley has announced the Cup Challenge Grant Program to promote the power of generosity in Teton Valley and serves to increase awareness about the vital programs and services provided by local nonprofits.
Donor Name: Community Foundation of Teton Valley
States: Idaho and Wyoming
Counties: Teton County (ID) and Teton County (WY)
Type of Grant: Grant
Deadline (mm/dd/yyyy): 04/15/2022
Grant Size: $25,000
Details:
The Tin Cup Challenge Grant structure was developed to provide matching grants that broadly support local organizations, as described below:
- Gifts designated for specific organizations, up to $25,000 per organization, are eligible for a percentage matching grant.
- Fiscally sponsored organizations participate under the same, single $25,000 cap of their sponsor.
- The percentage at which eligible designated gifts are matched is variable each year. This percentage is based upon the ratio of total eligible designated gifts received vs. the total amount raised in the Challenger Fund.
Funding Information
Related organizations may be required to participate as a single organization and are eligible for only one matching grant, with a shared cap of $25,000.
Eligibility Criteria
- Organizations must be a 501(c)3, government entity or faith-based organization.
- All 501(c)3 organizations must be in good standing with the Internal Revenue Service.
- Organizations must be in good standing with the Community Foundation of Teton Valley.
- At the discretion of the Community Foundation of Teton Valley, organizations MAY BE eligible to participate through fiscal sponsorship by another eligible organization. Organizations requiring a fiscal sponsor should contact the Community Foundation of Teton Valley before applying for participation.
- Qualifying organizations may participate in either the Tin Cup Challenge or Old Bill’s Fun Run, but not both.
- An organization must qualify as “local” pursuant to ANY ONE of the definitions below:
- An organization that predominantly serves Teton Valley (Teton County, Idaho and/or Alta, Wyoming) with a local board comprised predominantly of Teton Valley residents, OR
- An official Teton Valley chapter in good standing of a state/regional/national membership organization, with a local advisory board comprised predominantly of Teton Valley residents, OR
- A state organization with Teton Valley representation on the board; at least one paid employee whose responsibilities are predominantly comprised of program work in Teton Valley; and dedicated office space in Teton Valley, OR
- A regional/national organization with a board or local advisory board comprised predominantly of Teton Valley residents; at least one paid employee whose responsibilities are predominantly comprised of program work in Teton Valley; and dedicated office space in Teton Valley.
For more information, visit Community Foundation of Teton Valley.