Press Release

Release Date: June 1, 2007

The Mad River Glen Co-op began a fundraising campaign long before the historic rehabilitation of the Single Chair ever began this past summer. In fact it all began when the Co-op developed a unique partnership with two non-profit groups, the Stark Mountain Foundation and Preservation Trust of Vermont. This collaboration allowed Mad River Glen to raise charitable dollars to finance the project. Preservation Trust’s involvement also ensured that The Single’s historically significant design was preserved. Due to the hard work of many volunteers along with the spirit and energy of the Mad River Glen community the Single Chair Capital Campaign has already raised nearly $1.2 million towards the ultimate goal of $1.54 million. “This has been a thrilling ride. We are nearly 3/4 of the way there and our goal is in sight.” said Campaign Chair, Geordie Hall. “The commitment of the Mad River Glen Community has been inspiring.”

Mad River Glen’s unique business model is predicated on eschewing significant debt load. The success of the fundraising effort is crucial to preserve the experience we all enjoy and to ensure the long-term viability of the model. Donations, both large and small, continue to come through the non-profit partners. “It is vital that we get full participation if we are going to meet the goal,” said Hall. “We already have had strong support in the first year and expect the same in the second year of the campaign. Every contribution counts and moves us closer to our goal.” With respect to Mad River Glen’s egalitarian ideals, once the Single Chair Capital Campaign is successful the plan calls for honoring everyone who donated. Every “single” person who contributes, no matter the amount, will have his or her name added to a plaque at the base of the restored lift.

In an effort to encourage larger donations designed to achieve the goal more quickly naming opportunities have been developed. A gift of $5,000 from an individual or $10,000 from a group will allow for a small plaque with a name chosen by the donor to be affixed on one of the new Single Chairs. To date 40 chairs have already been spoken for. And, to further encourage all members of the Mad River community to donate, an anonymous donor has also offered a dollar for dollar matching grant to honor key members of the community by naming chairs after them.

While the campaign has been incredibly successful much hard work still needs to be done. The push towards the ultimate goal of $1.54 million will be the hardest part of the campaign. Everyone’s participation is needed to make the Campaign a success. Your support is needed; please do your part today. Imagine the pride you will feel in the future knowing that you helped to protect and preserve Mad River Glen’s unique ski experience for generations to come.

Special thanks to our two non-profit partners, and to all of the volunteers and staff whose efforts have helped make this campaign a success. If you would like to make a donation or if you have any questions contact the campaign chair, Geordie Hall at george@snowshack.com or (802) 496-2259 or Deb Steines at dsteines@madriver.com or at (802) 496-2966 . You can also donate on-line at wwww.madriverglen.com/single