Squaw Valley creates nonprofit to mange and distribute millions

[South Tahoe Now]

Squaw Valley has created a nonprofit that will manage and distribute millions of dollars generated from the project transfer fee related to the approved redevelopment of The Village at Squaw Valley.

Named the Squaw Valley Foundation, a seven member board of directors will soon be selected and it's members will be a mix of local residents and business owners, second homeowners and a public service district appointee.

“By way of our proximity to San Francisco and Silicon Valley, we have the great fortune of some of the most incredible people, quite literally, in our country calling North Lake Tahoe home,” said Andy Wirth, president and COO of Squaw Valley Ski Holdings. “We hope to build this board with a diverse set of individuals that represent the brightest, most creative, engaged and broadest thinkers possible who also maintain a passion for our legendary mountains and ...