Tahoe Fund
- Assets
- $10.1m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Tahoe City, CA
- Founding
- 11/2010
- Data as of
- 03/2023
- EIN
- 01-0974628
Organization Overview
Tahoe Fund is located in Tahoe City, CA. The organization was established in 2010. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 03/2023, Tahoe Fund employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tahoe Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, Tahoe Fund generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $2.4m during the year ending 03/2023. While expenses have increased by 26.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Tahoe Fund has awarded 95 individual grants totaling $3,983,874. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO USE THE POWER OF PHILANTHROPY TO IMPROVE THE LAKE TAHOE ENVIRONMENT FOR ALL TO ENJOY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 YEA CAMPS WITH GATEWAY MOUNTAIN CENTER, NEW ACCESSIBILITY PROGRAMS WITH THE TAHOE RIM TRAIL, A YOUTH LEADERSHIP PROGRAM WITH ADVENTURE RISK CHALLENGE, AND SOS OUTREACH. 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 DEVELOPMENT OF THE NEW DESTINATION STEWARDSHIP PLAN.
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, A NEW VISITOR CENTER AND AMPITHEATER AT SPOONER LAKE STATE PARK, THE MEEKS RIDGE TRAIL, AND THE COMPLETION OF WORK ON THE INCLINE FLUME TRAIL INCLUDING A NEW BRIDGE.
FOREST HEALTH: THE TAHOE FUND PROVIDES GRANTS TO INCREASE THE PACE AND SCALE OF FOREST RESTORATION IN THE TAHOE BASIN TO PREVENT CATASTROPHIC WILDFIRE. THE TAHOE FUND GRANTED MONEY TO LAKE TAHOE COMMUNITY COLLEGE FOR SCHOLARSHIPS OF THEIR FORESTRY PROGRAM TO EXPAND THE WORKFORCE, RESEARCH ON VULNERABLE POPULATIONS WITHIN THE WILDFIRE CONTEXT, AND HOSTED A WORKSHOP FOR MORE THAN 75 FIRE PROFESSIONALS TO BETTER UNDERSTAND THE SOCIAL SCIENCE BEHIND COMMUNITY ACCEPTANCE OF PRESCRIBED FIRES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Berry CEO | Officer | 60 | $211,595 |
Karolina Hedman Director Of Oper | 60 | $104,988 | |
Cory Ritchie Chairman | OfficerTrustee | 10 | $0 |
Verdi Disesa Vice Chair | OfficerTrustee | 3 | $0 |
Julie Teel Secretary | OfficerTrustee | 2 | $0 |
Chuck Scharer Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $89,200 |
| Related organizations | $0 |
| Government grants | $60,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,099,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,249,015 |
| Total Program Service Revenue | $1,500 |
| Investment income | $182,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$111,705 |
| Net Income from Fundraising Events | -$123,138 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,198,137 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,071,998 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $252,667 |
| Compensation of current officers, directors, key employees. | $25,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,305 |
| Pension plan accruals and contributions | $11,496 |
| Other employee benefits | $22,066 |
| Payroll taxes | $44,335 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,390 |
| Fees for services: Lobbying | $9,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $196,208 |
| Advertising and promotion | $141,407 |
| Office expenses | $0 |
| Information technology | $67,450 |
| Royalties | $0 |
| Occupancy | $11,877 |
| Travel | $17,065 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,621 |
| All other expenses | $18,924 |
| Total functional expenses | $2,372,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $781,386 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,284,667 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,124 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $50,000 |
| Intangible assets | $0 |
| Other assets | $7,892,801 |
| Total assets | $10,050,978 |
| Accounts payable and accrued expenses | $7,784 |
| Grants payable | $132,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $35,814 |
| Total liabilities | $175,598 |
| Net assets without donor restrictions | $5,695,924 |
| Net assets with donor restrictions | $4,179,456 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,050,978 |
Grants Awarded
Over the last fiscal year, Tahoe Fund has awarded $1,058,598 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVE TAHOE PURPOSE: Recreation | $100,000 |
CLEAN UP THE LAKE PURPOSE: conservation | $47,139 |
EARTHVIEWS CONSERVTN SOCIETY PURPOSE: conservation | $21,000 |
FRIENDS OF SKI RUN PURPOSE: Recreation | $117,900 |
GREAT BASIN INSTITUTE PURPOSE: recreation | $25,000 |
INCLINE EDUCATION FUND PURPOSE: stewardship | $19,850 |