Firms donate $50,000 to foundation
Since its inception in 1998, the Truckee Tahoe Community Foundation (TTCF) has been building a permanent endowment to respond to community needs and opportunities. Booth Creek Ski Holdings, Inc. (Booth Creek) and East West Partners are joining the Foundation in its work.
Booth Creek, the owner and operator of Northstar-at-Tahoe, and its joint venture development partner, East West Partners, each pledged $25,000 to TTCF. The two companies recently embarked on a long-term plan to complete Northstar’s resort master plan.
“The mission of the Truckee Tahoe Community Foundation is very much in tune with our commitment to create a resort community that is an integral part of the surrounding area,” said Roger Lessman, managing partner of East West Partners.
“We recognize how special the Truckee/Tahoe region is and we’re proud to invest in its future. We especially appreciate that TTCF grants support, environmental, social, community and cultural opportunities,” said Chris Ryman, president of Booth Creek.
The Truckee Tahoe Community Foundation was established in March 1999 with a $1 million donation from William Hewlett. A longtime second homeowner, Hewlett also gifted $1 million for matching funds. Last month, TTCF met this match and its endowment currently stands at $3.5 million.
“We appreciate Booth Creek and East West for their commitment to our community,” TTCF President Lisa Dobey said. “Corporate philanthropy is a critical component of the health and well being of any community and I hope their leadership encourages other businesses to invest in our region. These gifts will benefit our community forever.”
For information on donating to the Foundation or obtaining grant guidelines, call (530) 587-1776.
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