TO ASSIST DESTINATION COMMUNITY MEMBERS IN NEED Initial $2.6 Million Contributed by Company Founders

DENVER, CO, May 13, 2021 – Alterra Mountain Company announces the establishment of the Alterra Mountain Company Community Foundation, a public charity created to provide financial support to the members of the North American communities in which Alterra Mountain Company operates.

Alterra Mountain Company founders from Henry Crown and Company and KSL Capital Partners, and Alterra Mountain Company CEO, Rusty Gregory, have donated an initial $2.6 million to fund grants. Ongoing financial support for the Community Foundation will come from public donations. Currently, the Community Foundation’s focus will be granting emergency relief and hardship assistance to those in need within the company’s North American mountain and city communities.

The Community Foundation is available to provide emergency relief and hardship assistance to those in need due to situations and unforeseen circumstances such as the COVID-19 pandemic, natural disasters, crime, illness or death, and other emergency hardships. Individuals and companies in the U.S. and Canada may apply for grants. Applications are now being accepted at http://www.alterracommunityfoundation.com.

“If this last year has taught us anything, it’s that the most important thing we can do as individuals and companies is help support those who help us,” said Rusty Gregory, CEO, Alterra Mountain Company. “Our employees, vendors, guests and neighbors create the very spirit of the mountains that draw visitors from all over the world. The Alterra Mountain Company Community Foundation was established to offer some support to those in need and help them thrive.”

A Grant Committee has been established to review grant applications and determine awards. The committee is made up of representative community members from each region where Alterra Mountain Company owns a resort, including the Denver metropolitan area where Alterra Mountain Company is headquartered.

Alterra Mountain Company’s family of destination communities are Steamboat and Winter Park in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton and Sugarbush Resort in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures and Alpine Aerotech in British Columbia.

The Alterra Mountain Company Community Foundation is a U.S. 501(c)(3) public charity. For more details and grant applications, visit http://www.alterracommunityfoundation.com.

What is the Alterra Mountain Company Community Foundation?
The Alterra Mountain Company Community Foundation is a public charity created to provide
financial support to the members of the communities in which Alterra Mountain Company
operates.


Where does the Community Foundation’s funding come from?
Alterra Mountain Company founders from Henry Crown and Company and KSL Capital
Partners, and Alterra Mountain Company CEO Rusty Gregory, have donated an initial $2.6
million to set up the Community Foundation and fund grants. Ongoing financial support for the
Community Foundation will come from public donations.


Is the Alterra Mountain Company Community Foundation a U.S. 501(c)(3)?
Yes.
Who can apply for grants?
Any individual or company that resides or is employed within the county or province of any of
the North American communities in which Alterra Mountain Company operates – Steamboat and
Winter Park in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain
and Big Bear Mountain Resort in California; Stratton and Sugarbush Resort in Vermont;
Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in
Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing &
Summer Adventures and Alpine Aerotech in British Columbia, plus its headquarters in Denver,
Colorado.
Are grants available in Canada?
Yes, community members of Blue Mountain, Tremblant, CMH Heli-Skiing & Summer
Adventures and Alpine Aerotech may apply for grants.
Are there different applications?
Yes. There are applications for U.S individuals, U.S. companies, Canadian individuals and
Canadian companies.
What is the criteria to apply for a grant?
Currently, the Community Foundation’s focus will be granting emergency relief and hardship
assistance to those in need within the company’s North American mountain communities.
Criteria to receive aid include:

Individuals, organizations or businesses that are financially needy, deteriorating or  otherwise distressed 

– Individuals temporarily in need of food or shelter when stranded, injured, or lost due to a  disaster 

– Individuals temporarily unable to be self-sufficient as a result of a sudden and severe  personal or family crisis 

– Individuals in need of assistance with housing, childcare or educational expenses due to  a disaster 

– Individuals in need of assistance due to trauma experienced as a result of a disaster or  violent crime 

– Individuals or businesses who may otherwise require government financial support 

How does the application process work?  

Individuals or companies may apply for grants starting immediately. A Grant Committee has  been established to review grant applications and determine awards. The committee is made up  of one community member from each region where Alterra Mountain Company owns/operates a  resort or has its headquarters. The intention is for grants to begin being awarded in May 2021. 

Who is on the Grant Committee? 

A Grant Committee has been established to review grant applications and determine awards. The  committee is made up of representative community members from each region where Alterra  Mountain Company owns a resort, including the Denver metropolitan area where Alterra Mountain  Company is headquartered.  

How long does the application process take? When will I receive funds if I am approved?  Applications will be reviewed as they are received. Grants will be awarded and disbursed based  on the number of applications received. The intention is for grants to begin being awarded in  May 2021.  

Can individuals contribute to the Community Foundation?  

Yes. To donate, send a check or money order payable to Alterra Mountain Company  Community Foundation. 

Standard mail to: 

Alterra Mountain Company Community Foundation 

P.O. Box 102707 

Pasadena, CA 91189-2707 

Overnight to: 

JPMorgan Chase 

Attn: Alterra Mountain Company Foundation 102707 

2710 Media Center Drive

Building #6 Suite #120 

Los Angeles, CA 90065 

All donations to the Community Foundation are tax deductible. Please include a return mailing  or email address where the Community Foundation may send a receipt. For more information,  email admin@alterracommunityfoundation.com.  

Are donations to the Community Foundation tax deductible? 

Yes.  

Where can I find the grant application and more information?  

The application forms and more details can be found at www.alterracommunityfoundation.com.  Please email communityfoundation@alterracommunityfoundation.com directly for more  information and specific questions.

About Alterra Mountain Company

Alterra Mountain Company is a family of 15 iconic year-round mountain destinations, including the world’s largest heli-ski operation, offering the Ikon Pass, the globe’s newest season pass that invites skiers and riders to seek the unique of each mountain. The company owns and operates a range of recreation, hospitality, real estate development, food and beverage, retail and service businesses. Headquartered in Denver, Colorado, with destinations across the continent, Alterra Mountain Company is rooted in the spirit of the mountains and united by a passion for outdoor adventure. Alterra Mountain Company’s family of diverse playgrounds spans six U.S. states and three Canadian provinces: Steamboat and Winter Park in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton and Sugarbush Resort in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.  Also included in the portfolio is Alpine Aerotech, a worldwide helicopter support and maintenance service center in British Columbia, Canada. Alterra Mountain Company honors each destination’s unique character and authenticity and celebrates the legendary adventures and enduring memories they bring to everyone. For more information, please visit www.alterramtnco.com

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