Vail Valley Foundation Inc

Organization Overview

Vail Valley Foundation Inc is located in Avon, CO. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Vail Valley Foundation Inc employed 203 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vail Valley Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2022, Vail Valley Foundation Inc generated $18.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $17.2m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Vail Valley Foundation Inc has awarded 106 individual grants totaling $11,151,373. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE QUALITY OF LIFE IN THE VAIL VALLEY AND SHOWCASE OUR COMMUNITY TO A GLOBAL AUDIENCE THROUGH ARTS, ATHLETICS AND EDUCATION.

Describe the Organization's Program Activity:

VAIL VALLEY FOUNDATION HOLDS THE VAIL DANCE FESTIVAL EVERY YEAR. THE FESTIVAL INCLUDES SEVERAL PERFORMANCES BY INTERNATIONAL COUPLES AND ENSEMBLES FROM MAJOR INTERNATIONAL COMPANIES HELD AT THE GERALD R. FORD AMPHITHEATER. THE PERFORMANCES VARY FROM YEAR TO YEAR, BUT FREQUENTLY INCLUDE GUEST ARTISTS FROM THE AMERICAN BALLET THEATRE AND OTHER WORLD-CLASS COMPANIES. THE FESTIVAL PROVIDES EDUCATION AND ENHANCES THE APPRECIATION AND AVAILABILITY OF DANCE IN THE VAIL COMMUNITY.


VAIL VALLEY FOUNDATION HOSTS THE BIRDS OF PREY WORLD CUP INTERNATIONAL ALPINE SKI RACE ANNUALLY. THE RACE CONSISTS OF A WORLD CUP MEN'S SUPER-COMBINED, WORLD CUP MEN'S DOWNHILL, AND A WORLD CUP MEN'S SLALOM COMPETITION. THIS ATHLETIC EVENT ATTRACTS PEOPLE FROM AROUND THE WORLD HELPING TO PROMOTE THE TOWN OF VAIL AND THE QUALITY OF LIFE IN THE VAIL VALLEY AREA.


VAIL VALLEY FOUNDATION HOLDS THE GOPRO MOUNTAIN GAMES ANNUALLY. THE EVENT IS THE COUNTRY'S LARGEST CELEBRATION OF MOUNTAIN SPORT, SOUL, AND CULTURE AND OCCURS ANNUALLY DURING THE SECOND WEEKEND OF JUNE. PROFESSIONAL AND AMATEUR OUTDOOR ADVENTURE ATHLETES FROM AROUND THE WORLD CONVERGE UPON THE MOUNTAINS AND RIVERS OF VAIL TO COMPETE IN EIGHT SPORTS AND TWENTY-ONE DISCIPLINES. IN ADDITION TO THE ATHLETIC EVENTS, THE MOUNTAIN GAMES INCLUDE A MOUNTAIN PHOTOGRAPHY COMPETITION, INTERACTIVE EXHIBITION AND DEMO AREA, LIVE MUSIC, AND MOUNTAIN LIFESTYLE PARTIES.


VAIL VALLEY FOUNDATION HOSTS AND SPONSORS A VARIETY OF OTHER EVENTS IN THE VAIL VALLEY AREA INCLUDING HOT SUMMER NIGHTS, SHOW DOWN TOWN, AND WHISTLE PIG VAIL. THE EVENTS HELP TO SUPPORT A VARIETY OF EDUCATIONAL PROGRAMS, OTHER NONPROFIT ORGANIZATIONS, STRENGTHENING FAMILIES WITHIN THE COMMUNITY, AND KEEPING THE COMMUNITY VITAL AND EXCITING.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Imhof
President/chief Executive Officer
$358,510
Sarah Johnson
SVP Philanthropy
$258,357
Robert J Ford
Chief Financial Officer
$240,954
Sarah Franke
VP Marketing & Operations
$218,018
Dave Dressman
VP Sales & Grfa
$188,961
Brian Muller
It Director
$159,757

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Q-bird Productions Inc
Artistic Director Fee
$374,053
Mountainside Production Services Inc
Av Contractor
$152,546
Q-bird Productions Inc
Artistic Director Fee
$374,053
Mountainside Production Services Inc
Av Contractor
$152,546
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,180,453
Related organizations$0
Government grants $2,957,881
All other contributions, gifts, grants, and similar amounts not included above$6,217,902
Noncash contributions included in lines 1a–1f $1,387,673
Total Revenue from Contributions, Gifts, Grants & Similar$10,356,236
Total Program Service Revenue$7,306,507
Investment income $129,955
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $75,874
Net Income from Fundraising Events -$52,907
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,789,291

Grants Awarded

Over the last fiscal year, Vail Valley Foundation Inc has awarded $2,569,420 in support to 21 organizations.

Grant RecipientAmount

Avon, CO

PURPOSE: GENERAL SUPPORT

$1,527,303

VILAR PERFORMING ARTS CENTER INC

Org PageRecipient Profile

Avon, CO

PURPOSE: GENERAL SUPPORT

$587,021

Vail, CO

PURPOSE: GENERAL SUPPORT

$72,500

WALKING MOUNTAINS

Org PageRecipient Profile

Avon, CO

PURPOSE: GENERAL SUPPORT

$72,500

VIDA FOUNDATION USA

Org PageRecipient Profile

Gypsum, CO

PURPOSE: GENERAL SUPPORT

$35,392

SKI & SNOWBOARD CLUB VAIL

Org PageRecipient Profile

Vail, CO

PURPOSE: GENERAL SUPPORT

$35,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Vail Valley Foundation Inc has recieved totaling $12,500.

Awarding OrganizationAmount
Barbara A Allen Charitable Foundation

Edwards, CO

PURPOSE: COMMUNITY SERVICE

$10,000
Gsb Family Foundation Inc

Vero Beach, FL

PURPOSE: CHARITABLE PURPOSES

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,659,514
Earnings-$50,019
Admin Expense$9,401
Net Contributions$200,000
Other Expense$55,000
Ending Balance$1,745,094

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