Nevada Community Foundation Inc

Organization Overview

Nevada Community Foundation Inc is located in Las Vegas, NV. The organization was established in 1993. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Nevada Community Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Community Foundation Inc 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 06/2023, Nevada Community Foundation Inc generated $69.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $12.8m during the year ending 06/2023. While expenses have increased by 2.6% per year over the past 8 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 2015, Nevada Community Foundation Inc has awarded 670 individual grants totaling $65,647,888. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE NEVADA COMMUNITY FOUNDATION IS TO RECEIVE AND ACCEPT FUNDS TO BE ADMINISTERED AND DISBURSED THROUGH GRANTS EXCLUSIVELY FOR CHARITABLE PURPOSES PRIMARILY IN NEVADA OR FOR THE BENEFIT OF RESIDENTS OF NEVADA, SUPPORT THE SOLVING OF COMMUNITY ISSUES AND TO MATCH DONOR PHILANTHROPIC INTEREST WITH THE MYRIAD NEEDS OF THE COMMUNITY.

Describe the Organization's Program Activity:

THE PRIMARY PROGRAM EXPENSE OF THE FOUNDATION CONSISTS OF ITS DIRECT FINANCIAL SUPPORT OF OTHER CHARITIES AND CHARITABLE CAUSES. OTHER SUBSTANTIAL ACTIVITIES CLASSIFIED AS PROGRAM EXPENDITURES INCLUDE THE CONVENING OF CHARITIES TO EXAMINE DIFFERENT COMMUNITY ISSUES, THE CREATION AND PUBLICATION OF EDUCATIONAL AND RESOURCE MATERIALS, TECHNICAL AND ORGANIZATIONAL CONSULTING ASSISTANCE TO CHARITIES, AND PUBLIC EDUCATION EFFORTS DESIGNED TO RAISE THE LEVEL OF CHARITABLE GIVING FOR THE BROAD BENEFIT OF ALL NON-PROFITS IN NEVADA.


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Board, Officers & Key Employees

Name (title)Compensation
Gian Brosco
President An
$282,726
Jane Ramos
COO
$113,000
Keith Latham
Director Of
$52,646
Dalyce Franz
CFO
$27,870
Duncan Lee
Chairperson
$0
Michael Threet
Vice Chairpe
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59,428,423
Noncash contributions included in lines 1a–1f $9,925,190
Total Revenue from Contributions, Gifts, Grants & Similar$59,428,423
Total Program Service Revenue$57,000
Investment income $9,918,239
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,733,376
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $69,619,926

Grants Awarded

Over the last fiscal year, Nevada Community Foundation Inc has awarded $9,660,785 in support to 83 organizations.

Grant RecipientAmount

AMERICAN CENTER OF ORIENTALRESEARCH IN AMMAN

PURPOSE: CHARITABLE

$95,000

AMERICAN HEART ASSOCIATION INC

PURPOSE: CHARITABLE

$100,000

ANIMAL WELFARE INSTITUTE

PURPOSE: CHARITABLE

$15,000

BIG BROTHERS BIG SISTERS OFSOUTHERN NEVADA

PURPOSE: CHARITABLE

$25,000

BOULDER CITY HOSPITAL FOUNDATIONINC

PURPOSE: CHARITABLE

$12,000

BISHOP GORMAN HIGH SCHOOL

PURPOSE: CHARITABLE

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Community Foundation For Monterey County
Monterey, CA
$85,155,926
Inland Empire Community Foundation
Riverside, CA
$41,121,733
Santa Barbara Foundation
Santa Barbara, CA
$65,112,090
The Community Foundation Of Utah
Salt Lake City, UT
$40,373,770
Sacramento Region Community Foundation
Sacramento, CA
$65,791,697
Liberty Hill Foundation
Los Angeles, CA
$27,591,849
Community Foundation Santa Cruz County
Aptos, CA
$50,381,031
Sonoma County Community Foundation
Santa Rosa, CA
$38,302,725
Community Foundation Of San Benito County
Hollister, CA
$12,281,339
Jewish Community Foundation Of Southern Arizona
Tucson, AZ
$10,195,518
North Valley Community Foundation
Chico, CA
$16,028,341
Community Foundation For Southern Arizona
Tucson, AZ
$37,444,566
International Community Foundation
National City, CA
$19,429,051
Community Foundation Of Northern Nevada
Reno, NV
$18,103,592
Humboldt Area Foundation
Bayside, CA
$19,202,493
Idaho Community Foundation Inc
Boise, ID
$20,258,862
Ventura County Community Foundation
Camarillo, CA
$17,600,438
Rancho Santa Fe Foundation
Rancho Santa Fe, CA
$15,000,167
Nevada Community Foundation Inc
Las Vegas, NV
$69,619,926
Jewish Community Foundation Of Orange County
Irvine, CA
$13,318,039
Oregon Jewish Community Foundation
Portland, OR
$8,692,513
Pasadena Community Foundation
Pasadena, CA
$16,535,916
Old Pueblo Community Services
Tucson, AZ
$9,399,057
Stanislaus Community Foundation
Modesto, CA
$9,158,822
San Joaquin Community Foundation Inc
Stockton, CA
$13,225,096

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