EIN 88-0362053

Parasol Tahoe Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
State
Year formed
1996
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Parasol Tahoe Community Foundation is public charity that is dedicated to supporting the Lake Tahoe region now and into the future. To build prosperity through community leadership, non-profit partnership and donor philanthropy.
Total revenues
$21,464,989
2022
Total expenses
$12,261,066
2022
Total assets
$109,098,735
2022
Num. employees
6
2022

Program areas at Parasol Tahoe Community Foundation

PHILANTHROPIC SERVICES: Parasol fulfills its mission to build a more prosperous community by partnering with donors to make their charitable giving more meaningful, by supporting quality programs provided by local non-profit organizations and by providing community leadership on emerging issues. As the Tahoe region's oldest and largest community foundation, Parasol currently administers 172 charitable funds which supported 292 non-profit organizations. It is the intention of Parasol to continue to build charitable resources that will benefit the community now and into the future.
DISCRETIONARY GRANTMAKING: Parasol's discretionary grants are awarded to respond to critical programs, emerging needs and innovative services for the benefit of our community.
DONALD W. REYNOLDS COMMUNITY NON-PROFIT CENTER: In the year ended December 31, 2022, Parasol provided 42 local non-profit organizations with office space, storage space, meeting room use and other resources. The DWR Center is a valuable asset which allows non-profit organizations to allocate more funding toward programs and services which directly benefit the community.

Grants made by Parasol Tahoe Community Foundation

GranteeGrant descriptionAmount
Carnation FarmsEnvironment$2,455,760
Nevada Museum of Art (NMA)Arts, Culture & Heritage$2,061,000
Sierra Nevada University (SNC)Education & Youth Development$1,167,507
...and 133 more grants made totalling $10,646,978

Who funds Parasol Tahoe Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Elbridge and Debra Stuart Family FoundationUnrestricted$2,353,857
Wayne L Prim FoundationFunds for Programs To Promote Non-Profit Collaboration and Philanthropy.$575,000
James Stuart Haldan Charitable Foundation 59426-0 / -1 / -2General Purpose$307,903
...and 35 more grants received totalling $4,603,407

Personnel at Parasol Tahoe Community Foundation

NameTitleCompensation
Claudia AndersenChief Executive Officer$185,000
Cari GutheilChief Financial Officer$115,750
Natalie ErquiagaDirector of Communications and Outreach
MacKenzie LittleDonor Services Director
Laura RocheProgram Director
...and 7 more key personnel

Financials for Parasol Tahoe Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$21,042,521
Program services$58,213
Investment income and dividends$2,294,548
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,916,702
Net income from fundraising events$-13,591
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,464,989

Form 990s for Parasol Tahoe Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-10-06990View PDF
2020-122021-05-25990View PDF
2019-122020-09-22990View PDF
2018-122019-08-17990View PDF
...and 10 more Form 990s

Organizations like Parasol Tahoe Community Foundation

OrganizationLocationRevenue
North Carolina Community Foundation (NCCF)Raleigh, NC$24,377,624
San Antonio Area FoundationSan Antonio, TX$68,911,493
Community Foundation of Central WisconsinStevens Point, WI$5,530,583
East Tennessee Foundation (ETF)Knoxville, TN$25,934,976
Stark Community FoundationCanton, OH$26,297,363
Community Foundation for Monterey CountyMonterey, CA$48,920,781
Vermont Community FoundationMiddlebury, VT$40,050,864
Community Foundation of the Holland Zeeland AreaHolland, MI$25,887,154
Central Indiana Community Foundation (CICF)Indianapolis, IN$59,378,776
Paso del Norte Community FoundationEl Paso, TX$25,485,279
Data update history
January 29, 2024
Updated personnel
Identified 1 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Received grants
Identified 4 new grant, including a grant for $575,000 from Wayne L Prim Foundation
August 19, 2023
Received grants
Identified 11 new grant, including a grant for $1,648,126 from Elbridge and Debra Stuart Family Foundation
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsFundraising eventsOperates internationallyEndowed supportTax deductible donations
General information
Address
948 Incline Way
Incline Village, NV 89451
Metro area
Reno, NV
County
Washoe County, NV
Website URL
parasol.org/ 
Phone
(775) 298-0100
IRS details
EIN
88-0362053
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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