What is The Summit Foundation?
Originally established in 1984 by the Breckenridge Ski Corporation, The Summit Foundation is a non-profit organization dedicated to enhancing the quality of life for residents and communities in Summit County and surrounding areas. Through partnerships with major ski resorts including Arapahoe Basin, Copper Mountain, Keystone, and Vail Resorts, the foundation generates revenue primarily via its Patron Pass Program and community contributions. These funds are then reinvested into local organizations through grants and scholarships across various sectors such as art and culture, education, environment, health and human services, and sports. Since 1986, The Summit Foundation has awarded over $23.5 million in grants and scholarships, demonstrating a sustained commitment to community enrichment.
How much funding has The Summit Foundation raised?
The Summit Foundation has raised a total of $125K across 1 funding round:
Debt
$125K
Debt (2021): $125K with participation from PPP
Key Investors in The Summit Foundation
PPP
Public-Private Partnership
Breckenridge Ski Corporation
As the original founder, Breckenridge Ski Corporation plays a foundational role in supporting The Summit Foundation's mission and fundraising efforts.
Vail Resorts
Vail Resorts, a key partner, contributes to the foundation's revenue generation, enabling broader community support and program expansion.
What's next for The Summit Foundation?
The recent strategic investment signals a period of continued growth and expanded impact for The Summit Foundation. With a robust history of community support and a proven fundraising model, this capital infusion is expected to bolster its grant-making capabilities and scholarship programs. The foundation's focus on partnerships and diverse fundraising events, including its signature ski pass program, positions it for sustained operational strength and an amplified ability to serve its target communities in the coming years.
See full The Summit Foundation company page
