Franklin Countys First News

Sugarloaf employees distribute $24,750

CARRABASSETT VALLEY - Following a semi-annual meeting held on Nov. 3 where members of the Sugarloaf Region Charitable Trust met to discuss the spring allocation of funds, Sugarloaf announced that the trust will be distributing $24,750 to various community organizations this month.

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.

Below are the organizations benefiting from the Sugarloaf Region Charitable Trust:

Kingfield Elementary School
Maine School of Masonry
Stratton Food Bank
Phillips Public Library
New Portland Community Library
Carrabassett Valley Recreation Department
Town of Kingfield Bike Paths
United Way of the Tri-Valley 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. Tax-deductible contributions to the Sugarloaf Region Charitable Trust are presently being accepted from the entire Sugarloaf community.

Requests for the spring distribution of funds should be received by April 15, 2018. Mail to: Secretary, Sugarloaf Region Charitable Trust 5092 Access Road, Carrabassett Valley, ME 04947-9799.

About Sugarloaf– Located in Carrabassett Valley, ME, Sugarloaf is largest ski area in the East, and is home to the only lift-serviced above treeline skiing and riding in the East, and the number one golf course in Maine, according to Golf Digest. Sugarloaf is a member of the Boyne Resorts family of resorts and attractions. Follow: www.sugarloaf.com, www.facebook.com/sugarloaf, and http://twitter.com/sugarloafmaine.

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