DRIGGS, Idaho. — On Wednesday evening, the Community Foundation of Teton Valley hosted its 14th Annual Tin Cup Challenge Awards Ceremony. The community event brought nonprofit leaders, donors and volunteers together to celebrate the results of the 2021 Tin Cup Challenge.
At the ceremony, the Community Foundation’s Executive Director, Tim Adams, announced results to the crowd.
“This year, we had our most successful Tin Cup Challenge yet, breaking records for the 7th year in a row, crossing a new threshold, and raising an astounding $2,213,670,” said Adams.
This year’s total funds raised reflected a 25% increase over last year. The Challenger Fund total was aggregated by gifts from Business & Community Challengers, and Friends & Supporters of the Challenge, totaling $831,860, which is an increase of 15% over last year. Designated gifts raised by participating nonprofits brought in $1,379,851, which is an increase of 32% over last year.
Additionally, a record 1,313 donors gave during this year’s Tin Cup Challenge – meaning that one in four Teton Valley households participated in charitable giving through the 2021 Tin Cup Challenge. In 14 years, the Tin Cup Challenge has raised over $18.2 million for the health and well-being of Teton Valley, a community of about 11,000 residents.
This year an unprecedented 50% of participating nonprofits reached their giving cap, illustrating the neighborly generosity of Teton Valley residents and awareness for the critical services nonprofits provide.
“In 2020 our community came together to ensure nonprofits could weather the storm. In 2021, you came together to ensure our nonprofits will be here in the good times, as well as the difficult…The individuals you see here tonight illustrate the heart of philanthropy in our community,” Adams said.