Founded by the Aspen Skiing Company in 1980 to promote philanthropy in the community, the Aspen Foundation, as it was originally named, raised funds by distributing Bronze Medallion Ski Passes to donors: a similar tradition that exists to this day. The introduction of Donor Advised Funds in 2000 further guided the Community Foundation towards fiscal and administrative self-reliance.
The proposed Social Investment Tax Relief (SITR) has UK civil society and social organizations stirred up this season. The supposed tax relief on investment in social impact bonds will support the UK social economy.