Thursday, April 5, 2012

Bruce Willis To Donate Ski Resort To Nonprofit?

Actor Bruce Willis has indicated that he is willing to donate his central Idaho ski resort to a nonprofit, in what would be a major gift.

According to a report in Bloomberg Business Week, the Die Hard star had already put his home in Hailey, Idaho on the market along with his nightclub, The Mint; those properties are listed at $15 million and $4 million respectively. Now, according to a story first published in The Idaho Mountain Express, he is now offering his Soldier Mountain ski resort to the right nonprofit.

Willis has owned the resort since the 1990s and at least one organization, the Soldier Mountain Recreation Association, has expressed interest in obtaining the resort. John Palan, a long-time employee at the organization, told The Idaho Mountain Express that the resort has been operating at a loss for several years, but they would have interest in it if they can find enough sponsors and get new members.

Ted Beeler, president of the ski resort planning and design firm SE Group, told the paper that there are 30 nonprofit ski areas operating in the United States. He said that transferring Soldier Mountain to a nonprofit would open up the resort to tax-deductible donations which would allow it to continue to stay afloat.

You can read the full story in Bloomberg Business Week.

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