Question: Why was a the Foundation created?
Answer: The Yellowstone Club Community Foundation was established in 2010 to reflect the commitment of Yellowstone Club members, guests, ownership, and management to the greater Big Sky and Gallatin Valley area.
Question: How can I make a donation to the Foundation? Is it tax deductible?
Answer: Ways to donate can be found here. The Foundation is organized as a Montana charitable public benefit corporation and is recognized by the IRS as a charitable organization described by Section 501(c)(3) of the Internal Revenue Code. This entitles donors to a charitable income tax deduction under Internal Revenue Code Section 170(c)(2) for contributions made to the Foundation to the full extent otherwise allowed by law.
Question: What kinds of charities does the Foundation support?
Answer: The Foundation supports the greater Big Sky and Gallatin Valley communities through grants to eligible locally-based nonprofit organizations that promote community services, arts and education, health, and conservation. The Foundation also supports qualified government entities such as schools and libraries and awards two annual student scholarships.
Question: How can nonprofits apply for grants?
Answer: Application information can be found here. Grants are awarded twice a year. Applications deadlines are November 1 and May 1. Applications must be submitted online. No mailed applications will be accepted.
Question: How much money can I request?
Answer: Detail your needs in the application.
Question: How can I recommend a charity for a grant?
Answer: You may direct the organization to the Foundation website to learn more about guidelines and the grant process. You are encouraged to provide a letter of recommendation to accompany their application.
Question: What is the criteria for awarding grants?
Answer: The review team takes into consideration the track record of the applicant, its organizational capacity and professionalism, and its community impact. Grants are competitive; there is no guarantee that an applicant will receive a grant.
Question: Who makes decisions regarding grant allocation?
Answer: The Foundation has a clearly established process for awarding grants to eligible community-based nonprofit organizations. Applications are reviewed by the Foundation’s staff and Board of Directors. The Board, comprised of Club members, governs the Foundation and makes final decisions on grant awards. A full list of Board members can be found here.
Question: When are awards disbursed?
Answer: If a grant is approved, payment will be provided by check within two weeks of the Board’s approval, approximately four to six weeks after the application deadline.
Question: Where can I find information on scholarships?
Answer: Scholarship information can be found here. Applications deadlines are in mid-January.