CARRABASSETT VALLEY⎯ The Sugarloaf Region Charitable Trust met recently for the semi-annual meeting to distribute funds to community organizations. The Trust awarded a total of $15,000 to the United Way of the Tri-Valley Area in support of their annual programming, Carrabassett Valley Academy for COVID related expenses and Stratton School for the Snack Pack Program.
The Sugarloaf Region Charitable Trust is a private, nonprofit trust, dedicated to improving the quality of life for the communities that make up the Sugarloaf area. The trust provides financial assistance to organizations with nonprofit, tax-exempt status. The goal of this assistance is to encourage the growth in existing human service and cultural organizations and to develop new organizations that will involve and improve the Sugarloaf area.
The Trust was established in early 1984, when the employees of Sugarloaf Mountain Corporation began contributing on a volunteer basis to the Trust through a payroll deduction program. These contributions were, and continue to be, matched by Sugarloaf Mountain Corporation. Additionally, donations from the annual Sugarloaf Marathon and local community members are much appreciated. The Trust currently donates more than $50,000 into the community each year.
For the spring distribution of funds, the Sugarloaf Region Charitable Trust must receive requests by March 15, 2021. Requests can be made online, at www.sugarloaf.com/charitabletrust, or written and mailed to: Sarah Strunk, Sugarloaf Region Charitable Trust, Sugarloaf, 5092 Access Road, Carrabassett Valley, ME 04947-9799.