Alterra Mountain Company announced it has established the Alterra Mountain Company Community Foundation, a public charity created to offer financial support to North American communities where it operates.
Alterra Mountain Company founders from Henry Crown and Company and KSL Capital Partners, and Alterra Mountain Company CEO, Rusty Gregory, have donated an initial $2.6 million to fund grants. Ongoing financial support for the Community Foundation will come from public donations.
The Foundation will grant emergency relief and hardship assistance within the company’s North American mountain and city communities due to situations and unforeseen circumstances such as the COVID-19 pandemic, natural disasters, crime, illness or death, and other emergency hardships.
A Grant Committee has been established to review grant applications and determine awards. The committee is made up of representative community members from each region where Alterra Mountain Company owns a resort, including the Denver metropolitan area where the company is headquartered.
The Alterra Mountain Company Community Foundation is a U.S. 501(c)(3) public charity. For more information, go here.
