Sugarloaf charitable trust distributes funds to community groups

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CARRABASSETT VALLEY — The Sugarloaf Region Charitable Trust met on May 11 for the semi-annual meeting to distribute funds to community organizations. A total of $14,350 was distributed.

Organizations that benefited from the trust include: United Way of the Tri-Valley Area, Stratton Elementary Steel Drum Band, Phillips Public Library, Western Maine Center for Children, Stratton Elementary Girls Talk Program, Kingfield Elementary Artist in Residency program and the Stratton-Eustis Lion’s Club SAD 58 eye screening program.

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 the 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.

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. The 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.

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Requests for the fall distribution of funds should be received by Sept. 30 and mailed to: Secretary, Sugarloaf Region Charitable Trust, 5092 Access Road, Carrabassett Valley, ME 04947-9799.

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