The Community Foundation of Teton Valley is pleased to announce the Tin Cup Challenge Grant Program.
Donor Name: Community Foundation of Teton Valley
State: Idaho
County: Teton County (ID)
Type of Grant: Grant | Matching Grants
Deadline: 04/05/2024
Size of the Grant: $10,000 to $100,000
Grant Duration: Less than 1 Year
Details:
This program encompasses a 6-week, streamlined giving period for all participating nonprofits. The Foundation solicits gifts for all participating organizations with a box mailer to all Teton County, ID and Alta, WY residents and continues to market the campaign over the entire giving period. The 3rd Saturday in July marks the culmination of everyone’s efforts on Tin Cup Event Day.
The Tin Cup Challenge Grant structure was developed to provide partial 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.
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.
- 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.
- 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:
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- 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 CFTV.
