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← TAHOE FUND

Form 990 for tax year 2024

Filed by TAHOE FUND.

Totals

Total revenue
$5,556,780
Total expenses
$3,078,333
Contributions and grants received
$4,924,943
Grants paid
$1,414,241
Program service revenue
$6,000
Investment income
$769,836
Other revenue
-$143,999
Total assets, end of year
$14,900,652
Total liabilities, end of year
$139,938
Net assets or fund balances, end of year
$14,760,714
Program services expenses (Part IX)
$2,429,191
Management and general expenses
$366,581
Fundraising expenses
$282,561
Program service expenses (Part III)
$2,429,191

Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $109,800

  • 1e · Government grants (contributions)

    $98,527

  • 1f · All other contributions, gifts and grants

    $4,716,616

  • 2a · Program service revenue: Fees & Contracts Gov Agencies

    total $6,000 · related or exempt $6,000

  • 3 · Investment income

    total $377,878 · excluded $377,878

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $391,958

  • 7c · Gain or loss

    securities $391,958

  • 7d · Net gain or loss

    total $391,958 · excluded $391,958

  • 8a · Fundraising events: gross income

    $19,800

  • 8a · Fundraising events: contributions included on line 1c

    $109,800

  • 8b · Fundraising events: direct expenses

    $163,799

  • 8c · Net income from fundraising events

    total -$143,999 · excluded -$143,999

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,394,241 · program services $1,394,241

  • 2 · Grants to domestic individuals

    total $20,000 · program services $20,000

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $444,385 · program services $344,481 · management and general $36,042 · fundraising $63,862

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $322,902 · program services $164,630 · management and general $74,227 · fundraising $84,045

  • 8 · Pension plan contributions

    total $11,951 · program services $5,907 · management and general $2,817 · fundraising $3,227

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $54,537 · program services $36,163 · management and general $7,861 · fundraising $10,513

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $47,316 · management and general $47,316

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $440,713 · program services $261,562 · management and general $101,695 · fundraising $77,456

  • 12 · Advertising and promotion

    total $86,433 · program services $86,433

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $11,876 · program services $7,837 · management and general $2,257 · fundraising $1,782

  • 17 · Travel

    total $18,525 · program services $4,101 · management and general $13,918 · fundraising $506

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $8,515 · management and general $8,515

  • 24a · Other expenses: Event Expenses

    total $65,757 · program services $65,470 · fundraising $287

  • 24b · Other expenses: Supplies & Software

    total $53,695 · program services $26,880 · management and general $14,301 · fundraising $12,514

  • 24c · Other expenses: BANK & MERCHANT CARD FEES

    total $35,930 · management and general $35,930

  • 24d · Other expenses: Printing and Publications

    total $30,025 · program services $9,369 · management and general $3,596 · fundraising $17,060

  • 24e · All other expenses

    total $31,532 · program services $2,117 · management and general $18,106 · fundraising $11,309

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $146,209 · end of year $372,554

  • 2 · Savings and temporary cash investments

    beginning of year $1,827,860 · end of year $6,733,598

  • 3 · Pledges and grants receivable

    beginning of year $1,390,157 · end of year $1,844,091

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,458 · end of year $46,719

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $5,814,758

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    beginning of year $50,000 · end of year $50,000

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $8,975,298 · end of year $38,932

  • 17 · Accounts payable and accrued expenses

    beginning of year $51,843 · end of year $45,089

  • 18 · Grants payable

    beginning of year $44,000 · end of year $94,849

  • 27 · Net assets without donor restrictions

    beginning of year $7,189,552 · end of year $8,227,531

  • 28 · Net assets with donor restrictions

    beginning of year $5,126,587 · end of year $6,533,183

Mission and programs · 2024

Mission

To use the power of philanthropy to improve the Lake Tahoe environment for all to enjoy.

  • RECREATION: THE TAHOE FUND PROVIDES GRANTS TO CRITICAL ENVIRONMENT IMPROVEMENT PROJECTS IN LAKE TAHOE THAT WILL CREATE SUSTAINABLE OUTDOOR RECREATION. THE TAHOE FUND PROVIDED FUNDING FOR A NUMBER OF SUSTAINABLE RECREATION PROJECTS AROUND THE BASIN, INCLUDING THE EXTENSION OF THE EAST SHORE TRAIL WITH FUNDING FOR NEW PARKING LOTS ALONG SR28, THE MEEKS RIDGE TRAIL ON THE WEST SHORE OF TAHOE, AND GROOMING OF XC TRAILS WITH NEVADA NORDIC.

    Expenses $834,649 · Grants $700,520

  • STEWARDSHIP: THE TAHOE FUND EXECUTES INITIATIVES AND PROVIDES GRANTS TO CRITICAL ENVIRONMENT IMPROVEMENT PROJECTS IN LAKE TAHOE THAT ENCOURAGE GREATER STEWARDSHIP OF THE TAHOE BASIN. TAHOE FUND AWARDED A NUMBER OF GRANTS TO ORGANIZATIONS THAT ARE EXPANDING ACCESS AND INCLUSION IN TAHOE, INCLUDING SOS OUTREACH TO GET UNDERSERVED KIDS OUT SKIING AND RIDING, ACCESSIBLITY IMPROVEMENTS AT WATERMANS LANDING, NEW INTERPRETIVE PANELS AT THE CRYSTAL BAY FIRE LOOKOUT AND MURALS IN FOREST SERVICE PIT TOILETS. THE TAHOE FUND CONTINUED TO FUND THE REGIONAL STEWARDSHIP COLLABORATION CALLED TAKE CARE TAHOE WITH NEW MESSAGES AND BILLBOARDS ON MAJOR HIGHWAYS INTO TAHOE AND WAS A MAJOR FUNDING PARTNER IN THE EXECUTION OF THE NEW DESTINATION STEWARDSHIP PLAN.

    Expenses $784,031 · Grants $280,495

  • FOREST HEALTH: THE TAHOE FUND PROVIDES GRANTS TO INCREASE THE PACE AND SCALE OF FOREST RESTORATION IN THE TAHOE BASIN TO PREVENT CATASTROPHIC WILDFIRE. SOME OF THE HIGHLIGHTS INCLUDED A NEW MASTICATION MACHINE FOR SOUTH LAKE TAHOE, SPONSORSHIP OF THE CA GOVERNORS WILDFIRE TASK FORCE CONVENING, AND SCHOLARSHIPS FOR FORESTY STUDENTS AT LAKE TAHOE COMMUNITY COLLEGE.

    Expenses $470,664 · Grants $251,703

  • CONSERVATION: THE TAHOE FUND PROVIDES GRANTS TO CRITICAL ENVIRONMENT IMPROVEMENT PROJECTS IN LAKE TAHOE THAT WILL HELP TO RESTORE LAKE CLARITY. THE TAHOE FUND GRANTED MONEY TO ROVING AIS INSPECTORS TO HELP PREVENT THE SPREAD OF AQUATIC INVASIVE SPECIES, AND THE KAHLE COMPLETE STREETS PROJECT THAT WILL REDUCE RUN-OFF INTO THE LAKE.

    Expenses $250,690 · Grants $181,523

  • OUTREACH: THE TAHOE FUND, ON ITS OWN AND IN COLLABORATION WITH OTHER ORGANIZATIONS, RAISES AWARENESS OF THE ENVIRONMENTAL NEEDS OF LAKE TAHOE AND THE BASIN. THE TAHOE FUND ACTIVELY PARTICIPATES IN THE LAKE TAHOE PARTNERSHIP, A COLLABORATION OF PUBLIC AND PRIVATE GROUPS IN THE BASIN THAT ARE ALL FOCUSED ON PROTECTING THE ENVIRONMENT THROUGH ENVIRONMENTAL IMPROVEMENT PROJECTS. IN ADDITION, THE TAHOE FUND IS A MEMBER OF THE CALIFORNIA TAHOE ALLIANCE THAT IS DEDICATED TO LOBBYING FOR FUNDING FOR THE ENVIRONMENTAL IMPROVEMENT PROGRAM. THROUGH THESE EFFORTS THE TAHOE FUND MET WITH ELECTED OFFICIALS IN CALIFORNIA, NEVADA AND FEDERALLY TO EDUCATE ON THE NEED FOR MORE PUBLIC SUPPORT OF ENVIRONMENTAL PROJECTS. THE TAHOE FUND SPONSORED AND ORGANIZED THE 2024 LAKE TAHOE SUMMIT, A DISCUSSION OF THE IMPORTANCE OF PROTECTING AND RESTORING LAKE TAHOE. THE SUMMIT WAS ATTENDED BY THE SENATORS AND CONGRESSMEN OF CALIFORNIA AND NEVADA, THE NEVADA GOVERNOR AND THE US SECRETARY OF TRANSPORTATION. IT WAS ALSO LIVESTREAMED TO AN AUDIENCE OF MORE THAN 1000 ONLINE. THE TAHOE FUND ALSO HELPS PROMOTE LAKE TAHOE LICENSE PLATES. THE PLATES PROGRAM SUPPORTS HIKING AND BIKING TRAILS AND WATERSHED RESTORATION THROUGH TAHOE'S PUBLIC ENVIRONMENTAL AGENCIES, THE CALIFORNIA TAHOE CONSERVANCY AND THE NEVADA DIVISION OF STATE LANDS.

    Expenses $89,157 · Revenue $6,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amy Berry

    CEO

    Total calculated
    $266,797
    From this org
    $257,422
    From related orgs
    $0
    Other
    $9,375
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $207,422
    Bonus
    $50,000
    Other
    not reported
    Deferred
    $9,375
    Nontaxable benefits
    not reported
    Filer's total
    $266,797

  • Caitlin Meyer

    Chief Prog Officer

    Total calculated
    $157,707
    From this org
    $153,208
    From related orgs
    $0
    Other
    $4,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,768
    Bonus
    $20,440
    Other
    not reported
    Deferred
    $4,499
    Nontaxable benefits
    not reported
    Filer's total
    $157,707

  • Karolina Hedman

    Chief Oper Officer

    Total calculated
    $139,230
    From this org
    $133,244
    From related orgs
    $0
    Other
    $5,986
    Hours/week
    60

  • Caroline Waldman

    Sr Comms Dir

    Total calculated
    $107,302
    From this org
    $102,954
    From related orgs
    $0
    Other
    $4,348
    Hours/week
    40

  • Verdi Disesa

    Chair

    Total calculated
    $0
    Hours/week
    5

  • Kevin Marshall

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Julie Teel

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Chuck Scharer

    Treasurer

    Total calculated
    $0
    Hours/week
    3

  • Paul Felton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Boyd

    Director

    Total calculated
    $0
    Hours/week
    2

  • Allen Biaggi

    Director

    Total calculated
    $0
    Hours/week
    2

  • Deb Howard

    Director

    Total calculated
    $0
    Hours/week
    4

  • Tim Cashman

    Director

    Total calculated
    $0
    Hours/week
    2

  • Todd Chapman

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jim Porter

    Director

    Total calculated
    $0
    Hours/week
    4

  • Vickie Holtmeier

    Director

    Total calculated
    $0
    Hours/week
    3

  • John Jones

    Director

    Total calculated
    $0
    Hours/week
    6

  • Ryan Buntain

    Director

    Total calculated
    $0
    Hours/week
    2

  • Bill Dietz

    Director

    Total calculated
    $0
    Hours/week
    1.5

  • Stacey Crowley

    Director

    Total calculated
    $0
    Hours/week
    1

  • Matt Levitt

    Director

    Total calculated
    $0
    Hours/week
    2

  • Cindy Gustafson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Beth Treacy

    Director

    Total calculated
    $0
    Hours/week
    2

  • Stephanie Tyler

    Director

    Total calculated
    $0
    Hours/week
    2

  • Shaydar Edelmann

    Director

    Total calculated
    $0
    Hours/week
    2

  • Cory Ritchie

    Director

    Total calculated
    $0
    Hours/week
    2

  • Kellie Kessel

    Director

    Total calculated
    $0
    Hours/week
    2

  • Amy Ohran

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 7: Non-Fixed payments not listed above
The CEO is paid a bonus determined by the executive committee based on performance and satisfaction of employees and the success of completing a listing of pre-defined tasks/goals in key areas such as; environmental project goals, board development, professional development, marketing/PR, donor campaigns, financial management, and completion of program related tasks. Bonuses for highly compensated employees and other employees, not including the CEO, are determined by the CEO based on performance review and metrics defined annually.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
11 February 2026
IRS schema version
2024v5.2
Source object
202610429349301986

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