EIN 87-0766886

Teton Valley Foundation

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Victor
State
Year formed
2005
Most recent tax filings
2023-09-01
Description
The Teton Valley Foundation enhances the quality of life in Teton Valley by fostering affordable recreational and cultural programs that build community connections and boost the local economy. It creates vibrant experiences through initiatives like the Kotler Ice Arena, which provides a winter recreation space for residents, and Music on Main, a popular free summer concert series that attracts thousands of attendees. The Foundation passionately supports both recreational activities and non-profit efforts, making Teton Valley a lively destination for residents and visitors alike.
Total revenues
$757,731
2023
Total expenses
$883,504
2023
Total assets
$540,034
2023
Num. employees
21
2023

Program areas at Teton Valley Foundation

Music on Main: Music on Main is the Teton region's first free summer concert series. It began in 2006 with just three shows, but has grown to eight free concerts each summer with over 3,000 people a week in Victor, Idaho, a town with a population of only 2,000 people and one stoplight! The event is made possible by 25 dedicated sponsors who subsidize the concert and more than 60 volunteers each week. This financial and in-kind support insures the Foundation does not have to charge a formal admission, although concert-goers do generously donate at the door to support our efforts. The concerts are known for providing incredible music and a quinessential community vibe. Music on Main is known for bringing top talent of diverse genres to Teton Valley. But more than the music, participants would say that Music on Main is special because it has become both a gathering place for community members to connect, and a cornerstone summer event that entices visitors to discover the best of who we are and what we have to offer in Teton Valley. Due to the COVID-19 pandemic, TVF was forced to cancel the entire 8-week Music on Main concert series in the summer of 2020. In response, we created a socially-distanced event called Music on MainStream, a drive-in movie/concert event held at the Spud Drive-In in Driggs, ID. Thanks to the generosity of our sponsors, supporters, and community, we were able to recoup most of the lost revenue in this one night event, giving us the financial stability needed to carry us into the uncertainty of the winter ahead.
Kotler Ice Arena: Passionate valley residents dreamed of building the Kotler Ice Arena as an accessible place for the community to skate and recreate during our long, cold winters. A place where kids, families, and adults could enjoy winter, engage in physical activity, and gather with neighbors and friends in a protected environment. Teton Valley Foundation raised $500,000 in its first decade to create a covered, full length, open-air ice rink in Victor, Idaho that boasted a warming hut, a Zamboni, two locker rooms, and a view of the Tetons while you skate! In 2015 and 2016 the foundation raised an additional $500,000 thanks to a colossal community effort with over 250 donors and over 5,000 volunteer hours in order to install a cooling system. This will result in expanding our historical ice season from 2 months to 5+ months a year. The ice rink serves over 1,400 users a week, or more than 10% of Teton Valley's population, and offers the following programs: Youth Hockey, a Coed Hockey League, Learn to Skate, Women's Hockey, Community Public Skating, Learn to Play, and subsidized skating programs for over 500 area kids through a partnership with local schools. 30% of school participants come from low-income or under- served populations. There are countless examples or how affordable winter recreation options at the ice rink impact the community. Just to name a few - teenagers have a safe space to hang out on a Friday night; our Youth Hockey participants learn new skills and teamwork; families from our growing Latino community experience ice for the first time during community skating sessions; and neighbors and friends build camaraderie through friendly competition. In 2022, the Foundation expanded its existing hockey league tournaments, and added Curling and Figure Skating programs.

Who funds Teton Valley Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of Jackson HoleGeneral Operating Support$61,278
Teton Valley Health CareSponsor Music on Main and Kolter Ice Arena$7,950
Joseph and Vera Zilber Family FoundationYouth$6,500
...and 3 more grants received

Personnel at Teton Valley Foundation

NameTitleCompensation
Amy FradleyExecutive Director$67,656
Stacey MooreDirector
Alex SeddonBoard Chair$0
Mara BrannonTreasurer$0
Julie StomperSecretary$0
...and 14 more key personnel

Financials for Teton Valley Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$292,082
Program services$445,259
Investment income and dividends$404
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-47
Net income from fundraising events$3,501
Net income from gaming activities$16,532
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$757,731

Form 990s for Teton Valley Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-08-09990View PDF
2019-092020-10-09990View PDF
...and 10 more Form 990s

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Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $6,500 from Joseph and Vera Zilber Family Foundation
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $61,278 from Community Foundation of Jackson Hole
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 29, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Parks and recreation centersCharities
Issues
Human services
Characteristics
Provides grantsFundraising eventsState / local levelCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 50
Victor, ID 83455
County
Teton County, ID
Website URL
tetonvalleyfoundation.org/ 
Phone
(208) 534-9167
IRS details
EIN
87-0766886
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N31: Community Recreational Centers
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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