Yampa Valley Community Foundation

The Foundation develops annual and growing funds to support organizations and programs in routt and moffat counties.1. Through our annual grant cycle, over $541,000 was granted out to 70 nonprofits.2. Over $509,000 in scholarships were granted to 137 students attending universities, colleges and vocational trade schools.3. In total, $6.76 million was granted out to 251 nonprofit organizations in 1044 grants through funds managed by the foundation.4. The foundations' passport club, through our partnership with the steamboat ski & resort corporation has generated over 9.4 million dollars. These contributions have provided grants and scholarships into the Community and supported the operations of the Foundation for over 26 years.after embarking on a nearly year-long exploration, the Community Foundation has established a local impact investment program. Local impact investments are those made to local nonprofit organizations or public serving agencies with the intention of generating measurable Community benefit alongside modest financial returns. The program is a means of addressing the gap between the need for capital and what the private market will provide, enabling investment opportunities at rates of financial return that prioritize Community impact. Through our impact investment program, yvcf can unlock capital to address critical issues nonprofits face. Recognizing that the lack of affordable housing causes a cascade of issues and is the most significant challenge impacting the Yampa Valley today, in 2023 yvcf made its first impact investment loan of $2.5 million to the craig housing authority for a 20 unit for-sale deed-restricted townhome development.