Stark Mountain Foundation
The Stark Mountain Foundation (SMF) is the Mad River Glen Cooperative’s primary nonprofit partner for the Preserve Our Paradise campaign. SMF is a charitable 501(c)(3) organization, thus providing tax-deductible status for donations to the campaign. SMF was created in 2001 for the purpose of safeguarding and preserving the pristine environment of General Stark Mountain, including its surrounding environs, and ensuring continued access to the mountain’s recreational and historic facilities for present and future generations. SMF was one of the Cooperative’s partners in the Single Chair campaign and had already received over $1 million in contributions prior to the start of this campaign.
Vermont Community Foundation
One of the goals of the Preserve Our Paradise campaign is to create an endowment to provide long-term support to the Mad River Glen Cooperative in its efforts to maintain a traditional, natural skiing experience on General Stark Mountain. The Stark Mountain Foundation has chosen the Vermont Community Foundation (VCF) to manage the Cooperative’s endowment. VCF was founded in 1986 as a permanent source of support for the state’s nonprofits, and currently manages over $190 million in assets, representing 660 funds benefiting a wide variety of Vermont organizations. VCF adheres to the highest ethical and professional standards and will provide a safe and well-managed haven for Mad River’s endowment funds.