VCF receives $150,000 from Katz Amsterdam Trust for COVID-19 response

Vermont Business Magazine Vail Resorts CEO Rob Katz and his wife, Elana Amsterdam, New York Times bestselling author and founder of Elana’s Pantry, recently announced a $150,000 donation to the Vermont Community Foundation’s Vermont COVID-19 Response effort to support mountain communities where the company operates, specifically Mount Snow, Okemo Mountain Resort, and Stowe Mountain Resort.

The contribution from the Katz Amsterdam Charitable Trust is part of a broader multi-million dollar donation to support employees and mountain communities across the country where Vail Resorts operates. The $1.5 million donation specifically for mountain communities will benefit nonprofits providing critical services that fill urgent needs: food banks, mental telehealth care, and support of other basic needs – including the Vermont Community Foundation.

“We applaud Katz Amsterdam Charitable Trust’s work to elevate mental and behavioral health as a priority, and we are grateful for their responsiveness as the impacts of the coronavirus spread across Vermont,” said Community Foundation President & CEO Dan Smith. “Their significant contribution will go directly to helping Vermonters who are isolated and out of work. We value their trust in our ability to put their money to where it is needed most.”

The VT COVID-19 Response Fund was created on March 13, 2020, to extend and expand the capacity of organizations that are particularly equipped to address community impacts of the spread of the coronavirus in Vermont. The Community Foundation created the Fund to offer individual donors and other grantmakers the opportunity to be part of a coordinated response to the many effects of COVID-19 in Vermont, both in the immediate response and long-term recovery. The Community Foundation and the Katz Amsterdam Foundation have been working together to place resources in local communities over the last several years. Through this partnership, they’re able to address health and well-being in general, as well as when urgent and critical needs arise in times of crisis.

“I cannot recall another moment in my lifetime that has caused so much disruption to our lives – to our work, to our health and to our communities,” said Katz. “Throughout this incredibly challenging time, two of our absolute priorities have been, and will continue to be, the health and wellbeing of our employees and mountain communities. What makes our resorts so special is where they’re located and the passionate people who live there. As we navigate this situation, it’s essential we continue to support our employees and the vitality of our communities, providing partnership when it’s needed most.”

To stay up to date on the Vermont COVID-19 Response Fund, follow the Vermont Community Foundation on Facebook, Twitter, and LinkedIn, or visit vermontcf.org/vtcovid19response.

The Vermont Community Foundation inspires giving and brings people and resources together to make a difference in Vermont. A family of hundreds of funds and foundations, we provide the advice, investment vehicles, and back-office expertise that make it easy for the people who care about Vermont to find and fund the causes they love.

The heart of the Community Foundation’s work is closing the opportunity gap—the divide that leaves too many Vermonters struggling to get ahead, no matter how hard they work. We are aligning our time, energy, and discretionary resources on efforts that provide access to early care and learning, pathways to college and career training, support for youth and families, and community and economic vitality. We envision Vermont at its best—where everyone has the opportunity to build a bright, secure future. Visit vermontcf.org or call 802-388-3355 for more information.

Source: Vermont Community Foundation 4.10.2020