Press Releases Written by The Summit Foundation
The Summit Foundation receives $1 million from Breckenridge Grand Vacations
The Summit Foundation has received a $1 million gift from local timeshare developers Mike Dudick, Mike Millisor and Rob Millisor to create a lasting legacy in support of The Foundation’s work in granting funds to nonprofit organizations throughout our community. Through their existing donor advised fund, which was established in 2008 with The Summit Foundation, Breckenridge Grand Vacations (BGV) has contributed over $400,000 to the community during this past fall and spring giving cycles. This additional $1 million gift will remain as an endowment so that The Summit Foundation can enjoy the certainty that there will be funds available for their efforts well into the future. Read more about this important gift.
The Summit Foundation names Bistranin next Executive Director
Nonprofit veteran Jeanne Bistranin will succeed Lee Zimmerman as Executive Director of The Summit Foundation. Bistranin brings over 30 years of philanthropic and community collaborations, most recently with the Adolph Coors Foundation, a private family foundation that provides grants to nonprofits throughout Colorado. In addition to evaluating grant proposals for the Coors Foundation, she conducted a strategic review of the Foundation’s 35-year history that resulted in a clearly defined philanthropic focus. Bistranin developed several of the Foundation’s highly successful community initiatives, including a high school social entrepreneur program focused on suicide prevention and an effort to help veterans successfully transition to civilian life. Read more about Bistranin’s appointment.
Zimmerman to Retire in 2015
Lee Zimmerman, Executive Director of The Summit Foundation (TSF), announced his plans to retire sometime in the first half of 2015. Zimmerman joined The Foundation in September 2006. During Zimmerman’s nearly eight year tenure, TSF has seen significant growth in donors, assets and grants. Grant and scholarship distributions have doubled to nearly $1.5 million annually. Annual gifts to donor advised and scholarship funds have increased from $140,000 to over $500,000. Read more about Zimmerman’s accomplishments.
The Summit Foundation awards $723,487 in December 2013 Grants
At the December 2013 Board of Trustees meeting, The Summit Foundation Board of Trustees allocated $723,487 in funding to 44 nonprofit agencies providing services in Summit, Grand, Park, and Lake Counties through 47 grant awards. The Summit Foundation specifically partnered with Vail Resorts Echo on grants totaling $80,000 to three nonprofit organizations including Early Childhood Options, Education Foundation of the Summit, and Summit County Government Youth and Family Services. Read More about the Fall 2013 grants awarded.
The Summit Foundation’s Youth Giving Council awards Fall 2013 grants
In December, the Youth Giving Council at Summit High School awarded $8,510 in grants to 16 local nonprofit and student organizations. Comprised of students from the Summit High School Leadership class, the Youth Giving Council was created in Fall 2012 by The Summit Foundation. The group focuses on teaching youth about philanthropy while allowing high school students to participate in the grant process. Read More about the Youth Giving Council funding awards.
Support Summit County nonprofits on Colorado Gives Day
The fourth annual Colorado Gives Day will take place on Tuesday, December 10, 2013. Community First Foundation and FirstBank have partnered on this initiative since inception three years ago, distributing $8.7 million to Colorado nonprofits in 2010, $12.8 million in 2011, and $15.7 million in 2012. As one of over a dozen nonprofits in Summit County registered with “ColoradoGives,” The Summit Foundation will be eligible to receive donations through this annual event. Read More about all the eligible Summit County and neighboring community-based nonprofits.
2013 Philanthropy Awards Honors Outstanding Community Members
The 23rd Annual Philanthropy Awards on November 22 celebrated the vital contributions nonprofit organizations, businesses, and individuals make to our mountain community. Friends, colleagues, community and family members gathered at Copper Conference Center to honor this year’s Philanthropy Award recipients. The event, sponsored by Wells Fargo Bank, Climax Molybdenum Company and The Summit Foundation, recognized and honored donors, volunteers, nonprofit leaders, businesses and organizations for their commitment to the community through varying entities. Read More About the 2013 Philanthropy Award Recipients.
The Summit Foundation Awards College Scholarships Totaling $45,000
In July, The Summit Foundation awarded $20,000 to 33 college sophomores to continue their pursuit of post-secondary education. 2012 graduates of Summit High School, Lake County High School, South Park High School, West Grand High School, and Vail Mountain School that received scholarships from The Summit Foundation for their freshman year were eligible to apply for continuing education scholarship awards. Read More About the Scholarships Awarded.
$2.2 Million distributed to our mountain communities in 2012/2013
At its June meeting, The Summit Foundation Board of Trustees approved $516,752 in grants to 42 nonprofit organizations operating in Summit, Park, Lake and Grand Counties. These awards were among the $2.2 million in distributions recognized in 2012 and 2013 at Thursday June 28th’s annual grant and scholarship awards reception. These Spring 2013 grant awards represent a 36 percent increase in funds awarded to nonprofits operating in our mountain communities over the same timeframe in 2012. With these grant awards, The Summit Foundation has now provided over $17.6 million in grant and scholarship funds since inception in 1984. Read More About 2013 Spring Grants Awarded.
2013 Senior Scholarships Awarded
91 members of the 2013 class at Summit High School were awarded more than $323,000 in scholarships on April 1, 2013. The Summit Foundation and its partners provided 64 Summit High School students with $133,110 in scholarships. Six of the scholarships awarded by The Foundation were distributed through a joint program with Summit County Government. Read More.
Spring grant applications are now available
The Summit Foundation is now accepting applications for the spring funding cycle from nonprofit and government organizations. The new submission deadline is noon on Friday, April 12, 2013. Application forms are available here or by calling The Foundation at (970) 453-5970. Applications are available in online format or as a downloadable and printable document. Using the online form eliminates the requirement to submit 25 copies, as must be done using the printable application. Any organization planning to submit an application must use the current application form. First time applicants are asked to contact Lee Zimmerman at The Foundation prior to submitting a grant request.
The Anschutz Foundation Continues to Fund Basic Needs
The Summit Foundation partners with The Anschutz Foundation for the 4th year
Through a grant from The Anschutz Foundation, The Summit Foundation has awarded $50,000 in grants to nonprofit organizations in Summit, Grand, Lake, and Park counties. Eight organizations were awarded grants to help with basic needs such as food, rental, shelter assistance, utility assistance, health care, domestic violence counseling, and emergency basic need services. Read More.
Nearly $700,000 in grant awards announced by The Foundation Board of Trustees
At its December 2012 Board of Trustees meeting, The Summit Foundation Board of Trustees allocated $698,162 in grant awards to 51 nonprofit agencies providing services in Summit, Grand, Park, and Lake Counties through 53 grant awards. Read More.
The Summit Foundation re-welcomes Wanda Creen to the staff
Spring 2012 Grants Awarded
At its June 2012 Board of Trustees meeting, The Summit Foundation recognized 38 nonprofit organizations from Summit, Park, Lake and Grand Counties with $387,560 in Spring grant awards. With these grant awards, The Summit Foundation has now provided more than $15.4 million in grant and scholarship funds since inception in 1984. Read More.
The Summit Foundation introduces new team members
Elisabeth Lawrence: Events and Marketing Coordinator
Terri Johnson: Database and Accounting Administrator Read More.
Contribute to your favorite charities
Donor Advised Funds, or DAFs, allow donors to make a tax-deductible gift today while choosing the charities to support as soon as the fund is established or at a later date. Agency Endowment Funds, also referred to as Agency Funds, are established by donors or individual nonprofits to support a particular charitable organization. Either type of fund may be created by individuals, businesses, families, or organizations. Read More.
The Summit Foundation scholarship program makes difference with SHS students
The costs of higher education have always been daunting, and are growing even more so with challenging economic times and tuition increases. Thanks to generous community members, our local high school students have the opportunity to earn scholarships toward post-secondary education. Read More.