Case Study Sector
The story of the Community Foundation of Jackson Hole (Wyoming) is about a donor’s idea that became (in one year) the identity piece for the Foundation and a means of encouraging community-wide philanthropy. The foundation has assets of $8 million, of which almost all is restricted. Rather then lament this situation, the foundation and board figured out a strategy to do grantmaking equal to that of a $35 million foundation.
The idea was simple: Mr. and Mrs. Old Bill put up a $500,000 per year matching grant (for 3 years). Donors could give money to be matched through the run. The donors could specify the non-profit to receive the gift plus the match, so long as the nonprofit had a participant in the run itself. . . .
- Northern America