How it Works
The History
Now in its fifth year, the Community Foundation of Teton Valley’s Tin Cup Challenge is both a campaign for community-wide giving and a one-day event celebrating community philanthropy. It is modeled after the groundbreaking Old Bill’s Fun Run for Charities hosted by our affiliate, the Community Foundation of Jackson Hole. The idea came from an anonymous couple affectionately known as Mr. and Mrs. Old Bill who envisioned an event that encouraged the entire community to participate in philanthropy.
In 2011, the Tin Cup Challenge surpassed $1 million in total funds raised for the first time. In just four years, the Community Foundation of Teton Valley has raised more than $3.7 million for local nonprofits through the Tin Cup Challenge.
The Campaign
The Tin Cup Challenge fundraising period opens in late May and runs through late July. Qualified local nonprofit organizations launch their fundraising efforts, and donors are invited to make gifts of all sizes to their favorite causes. All donations come through the Community Foundation, allowing donors to use one form and write one check to support as many organizations as they wish. During this period the Community Challenger fund motivates donors to give, as it ensures that the value of their individual donation will increase.
The Community Challenger Funds
The Community Foundation solicits contributions to the match fund from individual and business donors. Community Challengers donate at seven levels: Pewter ($1,000+), Copper ($2500+) Bronze ($5,000+), Silver ($10,000+), Gold ($25,000+), Platinum ($35,000+) and Tin ($50,000+).
In 2011, the Community Challenger fund matched donations at 52%, the highest match percentage to date. Since the inception of the event, the match has averaged 48%. All funds raised during the Tin Cup Challenge, up to a $25,000 cap, are matched at the designated percentage, allowing the contributions of individual donors to make an even larger impact! For example, in 2011 if a Teton Valley nonprofit raised a total of $10,000 from individual donors, the Community Challenger funds added another $5200 through the 52% match. Thus, the nonprofit would have received a total of $15,200 from the Community Foundation.
The Event
On the third Saturday of July, (July 21, 2012) the Community Foundation of Teton Valley will host over 1,000 people in Driggs City Park for the 5th Annual Tin Cup Challenge event which includes competitive races, a fun run/walk and a celebration of community spirit and support. The event includes a 5K fun run/walk, as well as a competitive marathon, marathon relay, half-marathon, 10k and 5K. The celebration in the park features a free breakfast and fun family activities hosted by participating nonprofits, including a climbing wall, bike relay, hula hoop contest, diaper derby, arts and crafts, and more!
