Nv Energy Charitable Foundation
- Assets
- $23.8m
- Revenue
- $72.4k
- Investments
- $23.2m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 06/1989
- Data as of
- 12/2022
- EIN
- 88-0244735
Organization Overview
Nv Energy Charitable Foundation is located in Reno, NV. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NV Energy Charitable Foundation 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 12/2022, NV Energy Charitable Foundation generated $72.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (68.4%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, NV Energy Charitable Foundation has awarded 576 individual grants totaling $9,619,667. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas A Cannon Chair | 1 | $0 | |
Lisa Harris Secretary | 25 | $55,973 | |
Michael Cole Treasurer | 1 | $0 | |
Kimberley Hopps Assistant Treasurer | 1 | $0 | |
Brandon Barkuff General Counsel | 1 | $0 | |
Carolyn Barbash Director | 1 | $905 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $221,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$148,818 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $56,878 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,013 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58,123 |
| Total operating and administrative expenses | $124,664 |
| Contributions, gifts, grants paid | $2,437,975 |
| Total expenses and disbursements | $2,562,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $626,602 |
| Savings and temporary cash investments | $3,785 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,152,767 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $18,421 |
| Total assets | $23,801,575 |
| Accounts payable and accrued expenses | $8,347 |
| Grants payable | $50,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $58,347 |
Grants Awarded
Over the last fiscal year, Nv Energy Charitable Foundation has awarded $2,797,975 in support to 237 organizations.
| Grant Recipient | Amount |
|---|---|
THE PUBLIC EDUCATION FOUNDATION PURPOSE: POWERFUL PARTNERSHIP SCHOLARSHIP PROGRAM | $48,000 |
HELP OF SOUTHERN NEVADA PURPOSE: SHANNON WEST HOMELESS YOUTH CENTER | $10,000 |
COMMUNITY FOUNDATION OF NORTHERN NEVADA PURPOSE: DOLLARS FOR DOERS | $30,000 |
WOOSTER AAA BOOSTERS CLUB PURPOSE: DOLLARS FOR DOERS | $350 |
SKY TAVERN JUNIOR SKI PROGRAM PURPOSE: DOLLARS FOR DOERS | $350 |
WORLDWIDE END OF MARCH PURPOSE: DOLLARS FOR DOERS | $350 |