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Yampa Valley Bank Doubles Bet On LiftUp After $400K Lobsterfest

Yampa Valley Bank pledged $100,000 to LiftUp’s capital campaign after the Rotary Club raised over $400,000 at its annual Lobsterfest. The bank’s gift triggered an additional anonymous matching donation, accelerating the nonprofit's expansion plans.

Published Oct 8, 2026 · 4:07 PM4 min read
Yampa Valley Bank Doubles Bet On LiftUp After $400K Lobsterfest
Image source: Steamboat Pilot

Steamboat Springs —Most people assume that fundraising records are driven by the size of the venue or the exclusivity of the guest list. In Routt County, that assumption is wrong. The Rotary Club of Steamboat Springs’ annual Lobsterfest didn’t break its own record because it was a bigger party; it broke the record because a single bank decided to double its bet on a local nonprofit.

The club raised over $400,000 for LiftUp of Routt County. The event itself is a familiar fixture on the Western Slope calendar: a full lobster dinner served by Steamboat Meat and Seafood Company, live music by Chamberlain Birch, a silent auction, and a paddle raise. Over 300 guests attended the Aug. 22 event at Bob Adams Airport. But the headline number isn’t really about the lobster. It’s about what happened after the plates were cleared.

Yampa Valley Bank, the event’s presenting sponsor, announced a combined $100,000 gift to LiftUp’s capital campaign and the expansion of its Steamboat facility. To hear PJ Wharton, the bank’s president, tell it, the decision wasn’t a calculated marketing move. It was a reaction to momentum.

“Rotary’s Lobsterfest event for LiftUp and the incredible community support surrounding it were really the impetus — the igniter — for the Bank to take our capital campaign donation to the next level,” Wharton said in a Wednesday statement.

The math holds up when you look at the ripple effect. Wharton’s $100,000 didn’t just add to the total; it triggered a response. An anonymous donor saw the bank’s commitment and contributed an additional $50,000 matching donation. That single decision effectively added another half-million dollars to the campaign’s potential reach, though only $50,000 of that is confirmed in this specific release.

This isn’t a new phenomenon for the Steamboat Springs chapter. Since launching Lobsterfest in 2019, the club has raised over $1.2 million for Yampa Valley causes. Last year’s 2025 event yielded over $250,000 for Reaching Everyone Preventing Suicide and other rotary charities. The jump to $400,000 for LiftUp suggests that the model of pairing a high-visibility social event with a major corporate anchor is working, but only when the corporate partner is willing to go big.

The question is whether this surge in funding solves a structural problem or just patches over a symptom. LiftUp, which is celebrating its 30th anniversary this year, services one in seven Routt County residents through its food banks. It also provides emergency financial assistance, case worker support, thrift store vouchers, and scholarships. In September 2025, the nonprofit announced plans to nearly double the size of its Steamboat facility. The reason is straightforward: limited space and growing community needs.

Sue Fegelein, LiftUp’s Executive Director, sees the fundraising not as a victory for the Rotary Club, but as validation of the community’s baseline need.

“This incredible outpouring of support reflects the strength and generosity of our community,” Fegelein said. “Rotary’s Lobsterfest helped shine a spotlight on LiftUp, bring people together around our mission, and build tremendous momentum for this campaign.”

The capital campaign has now received support from over 300 donors across the valley. Tara Weaver, President of the Rotary Club of Steamboat Springs, noted that the success demonstrates the power of community collaboration behind a shared cause.

For neighbors in Steamboat and surrounding areas, the immediate impact is tangible: more space to store food, more room for case workers, and a facility that can handle the volume of people who walk through its doors. The expansion aims to strengthen LiftUp’s ability to serve individuals and families for years to come, a necessary step given that the organization is already stretched thin serving over 12% of the county’s population.

Wharton put it plainly when he said, “Seeing the community rally around LiftUp through Rotary Lobsterfest, along with the extraordinary response to the Capital Campaign, made us want to do something significant.”

The story isn’t over. The facility expansion is the next phase, and the $400,000 raised at Lobsterfest is a down payment on that future. As Fegelein noted, the event brought people together around a mission. The next test is whether that momentum translates into square footage, and whether the community’s generosity can keep pace with the needs of a valley that is growing faster than its safety net.

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