ahoe Fund Receives $25,000 Donation From Squaw Valley USA

Squaw Valley USA Makes a Commitment as a Platinum Founder

[Squaw Valley USA] August 23, 2011 - Squaw Valley USA has substantiated its commitment to the region and the community by directly committing funds to the Tahoe Fund at the platinum founder level, the highest level of support the Tahoe Fund offers.

The goal of the Tahoe Fund Founders’ Circle is to raise sufficient operating capital over the next 24 months to support the Fund’s operations and develop the financial capacity necessary to deliver environmental improvement projects in the Lake Tahoe Basin.

"Squaw's generous donation to the Fund shows their commitment and support for the Tahoe Fund projects that directly benefit the Lake Tahoe basin," said Cindy Gustafson, president of the Tahoe Fund. "These direct and immediate contributions to the Founders' Circle from Squaw will help the Fund deliver on our commitment to on-the-ground environmental improvement projects."

Contributions to the Founders’ Circle help the Tahoe Fund secure the sustainability of the Lake and will help with specific efforts including the following:

• Improvement of trails, open space and public recreation facilities
• Education through coordinated interpretive signage
• Improvement of the clarity of the Lake
• Fostering stewardship of the Lake
• Building a new generation of supporters for Lake Tahoe

“Our company recognizes the significance of the Tahoe Fund’s mission as something important to our guests, our staff and our company as a whole,” said Andy Wirth, Tahoe Fund board member and president and CEO of Squaw Valley USA. “As a new board member, I feel it’s important to develop other mechanisms to rally support for the Fund, but felt compelled to make this direct contribution based on the many immediate needs of the Fund.”

About the Tahoe Fund
Founded in 2010, the Tahoe Fund raises private money to supplement the dwindling public funding available for on-the-ground recreation, conservation and education projects in the Lake Tahoe basin such as bike trails, public parks, restoration projects, interpretive programs, and other amenities that people use and enjoy at the Lake.

About Squaw Valley USA
Squaw Valley USA was founded in 1949 and hosted the 1960 Olympic Winter Games, the first televised Olympics. Squaw Valley is one of the largest and most diverse mountain resorts in North America, with incomparable outdoor recreational amenities that attract both local residents and visitors from around the globe. For more information, please visit www.squaw.com