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Nonprofiteer
← TAHOE COMMUNITY FOUNDATION

Form 990 for tax year 2025

Filed by TAHOE COMMUNITY FOUNDATION.

Totals

Total revenue
$28,212,228
Total expenses
$29,007,858
Contributions and grants received
$20,275,818
Grants paid
$27,428,205
Program service revenue
$61,703
Investment income
$7,874,707
Other revenue
$0
Total assets, end of year
$169,901,408
Total liabilities, end of year
$2,488,231
Net assets or fund balances, end of year
$167,413,177
Program services expenses (Part IX)
$28,097,976
Management and general expenses
$669,257
Fundraising expenses
$240,625
Program service expenses (Part III)
$28,097,976

Program services were 96.9% 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.

  • 1f · All other contributions, gifts and grants

    $20,275,818

  • 1g · Noncash contributions included above

    $9,171,140

  • 2a · Program service revenue: Building Use Income

    total $60,778 · related or exempt $60,778

  • 2f · All other program service revenue

    total $925 · related or exempt $925

  • 3 · Investment income

    total $4,299,339 · unrelated business -$261 · excluded $4,299,600

  • 7a · Gross sales of assets other than inventory

    securities $36,758,677

  • 7b · Less cost or other basis and sales expenses

    securities $33,183,309

  • 7c · Gain or loss

    securities $3,575,368

  • 7d · Net gain or loss

    total $3,575,368 · excluded $3,575,368

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,428,205 · program services $27,428,205

  • 5 · Compensation of officers, directors and key employees

    total $426,852 · program services $63,398 · management and general $300,056 · fundraising $63,398

  • 7 · Other salaries and wages

    total $356,495 · program services $222,480 · management and general $4,865 · fundraising $129,150

  • 9 · Other employee benefits

    total $56,871 · program services $36,066 · management and general $4,287 · fundraising $16,518

  • 10 · Payroll taxes

    total $56,026 · program services $21,991 · management and general $19,686 · fundraising $14,349

  • 11c · Fees: accounting

    total $56,605 · management and general $56,605

  • 11f · Fees: investment management

    total $149,341 · management and general $149,341

  • 12 · Advertising and promotion

    total $5,682 · fundraising $5,682

  • 13 · Office expenses

    total $125,397 · program services $1,355 · management and general $112,569 · fundraising $11,473

  • 14 · Information technology

    total $29,049 · program services $20,150 · management and general $8,899

  • 16 · Occupancy

    total $108,783 · program services $108,783

  • 19 · Conferences, conventions and meetings

    total $4,332 · program services $3,695 · management and general $637

  • 22 · Depreciation, depletion and amortization

    total $137,543 · program services $134,747 · management and general $2,796

  • 23 · Insurance

    total $52,991 · program services $45,000 · management and general $7,991

  • 24e · All other expenses

    total $13,686 · program services $12,106 · management and general $1,525 · fundraising $55

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $13,255,980 · end of year $11,148,963

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,919 · end of year $24,857

  • 10a · Land, buildings and equipment: cost or other basis

    $6,840,842

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,627,873

  • 10c · Land, buildings and equipment, net

    beginning of year $3,347,964 · end of year $3,212,969

  • 11 · Investments: publicly traded securities

    beginning of year $122,658,961 · end of year $138,837,139

  • 12 · Investments: other securities

    beginning of year $15,713,693 · end of year $16,677,480

  • 17 · Accounts payable and accrued expenses

    beginning of year $48,626 · end of year $97,470

  • 18 · Grants payable

    beginning of year $180,000 · end of year $2,120,000

  • 19 · Deferred revenue

    beginning of year $17,000 · end of year $17,000

  • 25 · Other liabilities

    beginning of year $239,244 · end of year $253,761

  • 27 · Net assets without donor restrictions

    beginning of year $88,363,610 · end of year $100,029,234

  • 28 · Net assets with donor restrictions

    beginning of year $66,150,037 · end of year $67,383,943

Mission and programs · 2025

Mission

The Foundation envisions a thriving community created through meaningful philanthropy, inclusive communication, and the willingness to explore possibilities together.

Activities or mission (Part I)

Cultivating community philanthropy to enhance and preserve the quality of life at Tahoe.

  • Donor Services: The Foundation 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, The Foundation currently administers 166 charitable funds which supported 418 non-profit organizations. It is the intention of the Foundation to continue to build charitable resources that will benefit the community now and into the future.

    Expenses $27,112,659 · Grants $27,095,664 · Revenue $925

  • Donald W. Reynolds Community Non-Profit Center: In the year ended December 31, 2025, the Foundation provided 37 local non-profit organizations (not including ourselves) with office space, storage space, and meeting room use. 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.

    Expenses $652,776 · Revenue $60,778

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $332,541 · Grants $332,541

As filed on the 2025 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Claudia Andersen

    CEO

    Total calculated
    $253,593
    From this org
    $240,000
    From related orgs
    $0
    Other
    $13,593
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,000
    Bonus
    $0
    Other
    $0
    Deferred
    $7,200
    Nontaxable benefits
    $6,394
    Filer's total
    $253,594

  • Cari Gutheil

    CFO

    Total calculated
    $173,260
    From this org
    $148,529
    From related orgs
    $0
    Other
    $24,731
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,529
    Bonus
    $0
    Other
    $0
    Deferred
    $4,650
    Nontaxable benefits
    $20,081
    Filer's total
    $173,260

  • Ron Alling

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Kevin Hameister

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Kendra Wong

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Amy LaFayette

    Director

    Total calculated
    $0
    Hours/week
    1

  • Janice Charley

    Director

    Total calculated
    $0
    Hours/week
    1

  • David Hardie

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mark Holmlund

    Director

    Total calculated
    $0
    Hours/week
    1

  • John McLaughlin

    Director

    Total calculated
    $0
    Hours/week
    1

  • Aaron Moore

    Director

    Total calculated
    $0
    Hours/week
    1

  • Alvaro Pascotto

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bill Watson

    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 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Charitable Remainder Unitrust (1)

    Investments · NV

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202612309349302941

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