In 1996 Cope gave the rights to Myron Cope's Official Terrible Towel to the Allegheny Valley School in the Pittsburgh suburb of Coraopolis, Pennsylvania. The school provides care for more than 900 people with mental retardation and physical disabilities. Proceeds from the Terrible Towel have helped raise more than $2.2 million for the school.
Mr. Cope's legendary charitable work, which ultimately led to his being awarded the American Institute for Public Service's Jefferson Award in January 1999, began with his son's enrollment at the Allegheny Valley School, an institution for the profoundly mentally and physically disabled. He served for many years on the board of the Pittsburgh Chapter of the Autism Society of America and the Pittsburgh Vintage Grand Prix, the charity auto race he co-founded, along with the Myron Cope/Foge Fazio Golf Tournament for Autistic Children.

The Terrible Towel, long since a worldwide symbol of Steelers passion and often the Steelers artifact with which Mr. Cope is most identified, is now a trademark that benefits the Allegheny Valley School.

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