Community Foundation of Jackson Hole
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO IMPROVE LIVES THROUGH PHILANTHROPIC LEADERSHIP
- Income
- $75.2 million
- Spending
- $46.6 million
- Spent on programs
- 95%
- Reserves
- 40.5 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 27
- Volunteers
- 500
- Highest pay
- $413,005, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 71% of charities in its peer group (philanthropy, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 40.5 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 38% of income.
Income trend
15 of 15Income rose 41% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 37% of charities in its peer group (philanthropy, $10m to $100m).
Independent board
25 of 2520 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $23.5 million spent. OLD BILL'S FUN RUN / TIN CUP CHALLENGE - SINCE 1997, THE FOUNDATION HAS PRODUCED OLD BILL'S FUN RUN, AN INNOVATIVE INITIATIVE THAT HAS GENERATED OVER $280 MILLION TO DATE. EACH YEAR, AN ANONYMOUS COUPLE, MR. & MRS. OLD BILL, CREATE A MATCHING GRANT THAT CHALLENGES THE COMMUNITY TO DONATE TO LOCAL NONPROFITS AND FOSTERS THE SPIRIT OF PHILANTHROPY. DONORS MAKE A SINGLE GIFT TO BENEFIT ONE OR MORE NONPROFITS, WHO RECEIVE 100% OF THEIR DESIGNAGTED DONATIONS ALONG WITH A PARTIAL MATCHING GRANT. IN 2008, THE CFTV LAUNCHED THE TIN CUP CHALLENGE, MODELED AFTER OLD BILL'S, WHICH HAS GENERATED ALMOST $27 MILLION TO DATE. IN 2024, APPROX 4,000 DONORS GAVE $23.4 MILLION TO SUPPORT 226 ORGS PARTICIPATING IN OLD BILL'S; OVER 1,300 DONORS GAVE $3.4 MILLION TO SUPPORT 60 ORGS PARTICIPATING IN TIN CUP.
- $15.7 million spent. FUND ADMINISTRATION - THE COMMUNITY FOUNDATION MANAGES APPRX 280 FUNDS DESIGNED TO SIMPLFY PHILANTHROPY FOR LOCAL DONORS AND TO PROVIDE COST EFFECTIVE INVESTMENTS FOR LOCAL NONPROFITS. THE FOUNDATION OFFERS SEVEN FUND TYPES TO MEET SPECIFIC DONOR, NONPROFIT, AND COMMUNITY PHILANTHROPIC NEEDS. EACH FUND CAN BE STRUCTURED IN THREE DIFFERENT WAYS DEPENDING ON THE AMOUNT , EXPECTED DUATION, AND FORECASTED ACTIVITY. IN 2024, THE FOUNDATION RECEIVED APPRX 950 GIFTS, TOTALING $50.9 MILLION, FOR THESE FUNDS AND PROCESSED OVER 3,000 GRANTS, TOTALING $20.6 MILLION, FROM OUR FUNDS TO BENEFIT QUALIFIED CHARITIES WORKING IN A VARIETY OF FIELDS THROUGHOUT THE U.S.
- $3.9 million spent. DISCRETIONARY GRANTS, SCHOLARSHIPS, & FELLOWSHIPS - 96% OF THE FOUNDATION'S OPERATIONAL EXPENSES ARE PROGRAM SERVICE EXPENSES, WHICH INCLUDES OLD BILL/TIN CUP, FUND ADMINISTRATION, DISCRETIONARY GRANTS, SCHOLARSHIPS AND OTHER PROGRAM SERVICES. THE FOUNDATION'S DISCRETIONARY GRANT PROGRAMS PROVIDE FINANCIAL SUPPORT TO ORGANIZATIONS THAT ARE EFFECTIVELY ADDRESSING IMPORTANT COMMUNITY NEEDS IN TETON COUNTY, WY. FUNDING DECISIONS FOR THE COMPENTITIVE GRANTS PROGRAM ARE MADE BY A VOLUNTEER GRANTS COMMITTEE COMPRISED OF DEDICATED COMMUNITY MEMBERS WITH DIVERSE INTERESTS AND EXPERIENCE. THE YOUTH PHILANTHROPY PROGRAM INTRODUCES LOCAL HIGH SCHOOL STUDENTS TO STRATEGIC GRANTMAKING. THE MICRO GRANTS PROGRAM IS DESIGNED AS A TIMELY FUNDING MECHANISM. IN 2024, THE FOUNDATION'S GRANT PROGRAMS PROVIDED OVER $2.7 MILLION TO 128 ORGANIZATIONS WORKING IN JACKSON HOLE AND TETON VALLEY. THE FOUNDATION'S GRANTS PROGRAMS ARE FUNDED BY OLD BILL'S COCHALLENGERS AND TIN CUP CHALLENGERS, INDIVIDUAL DONORS, AND ENDOWED FUNDS HELD AT THE FOUNDATION.
- $1.3 million spent. OTHER PROGRAM SERVICES - IN ADDITION TO FUND ADMINISTRATION, OLD BILL'S FUN RUN, AND COMPETITIVE GRANTS AND SCHOLARSHIPS, THE COMMUNITY FOUNDATION ALSO SUPPORTS LOCAL NONPROFITS BY OFFERING WORKSHOPS ON NONPROFIT MANAGEMENT (E.G. BOARD DEVELOPMENT, GRANT WRITING, SUSTAINABILITY, ETC.), COORDINATING NETWORKING AND INFORMATION SHARING OPPORTUNITIES (E.G. VOLUNTEERJH.ORG AND A NONPROFIT LIST-SERVE) AND PROVIDING TECHNICAL ASSISTANCE AND CONSULTING, AS REQUESTED. IN 2024, 233 PARTICIPANTS (REPRESENTING 190 DIFFERENT ORGANIZATIONS) ATTENDED 12 CLASSES, WORKSHOPS, OR NETWORKING EVENTS OFFERED BY THE FOUNDATION. 30 NONPROFITS POSTED 72 VOLUNTEER OPPORTUNITIES ON THE VOLUNTEERJH WEBSITE, AND APPROXIMATELY 1,800 INDIVIDUALS SUBSCRIBE TO THE NONPROFIT LIST-SERVE HOSTED BY THE FOUNDATION.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
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