Tahoe Truckee Community Foundation
- Assets
- $34.4m
- Revenue
- $7.0m
- Investments
- $2.4m
- Employees
- 11
- Location
- Truckee, CA
- Founding
- 11/1998
- Data as of
- 06/2021
- EIN
- 68-0416404
Organization Overview
Tahoe Truckee Community Foundation is located in Truckee, CA. The organization was established in 1998. 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 06/2021, Tahoe Truckee Community Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tahoe Truckee Community 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 06/2021, Tahoe Truckee Community Foundation generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $4.1m during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 6 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, Tahoe Truckee Community Foundation has awarded 433 individual grants totaling $13,718,014. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF LIFE IN THE TAHOE/TRUCKEE AREA THROUGH PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE LARGEST GRANTMAKING ORGANIZATION IN THE LAKE TAHOE REGION, TAHOE TRUCKEE COMMUNITY FOUNDATION IS A CATALYST FOR STRENGTHENING OUR COMMNUNITY THROUGH EFFECTIVE PHILANTHROPY AND CIVIC ENGAGEMENT. WE MOBILIZE RESOURCES,PROMOTE PHILANTHROPY, AND PROVIDE LEADERSHIP ON VITAL ISSUES IN THE TRUCKEE AND NORTH LAKE TAHOE REGION. WE LOOK FOR CHARITABLE PROJECTS THAT MAKE A LASTING DIFFERENCE AND COMMIT OUR RESOURCES TO THESE PROJECTS. WE HELP PEOPLE CREATE A LEGACY TO THE COMMUNITY THROUGH CHARITABLE GIVING WITHIN THEIR WILLS AND TRUSTS. WE ENCOURAGE INDIVIDUALS OF BOTH MODEST AND SUBSTANTIAL MEANS TO CONTRIBUTE TO A PERMANENT ENDOWMENT THAT ADDRESSES THE CHANGING NEEDS AND OPPORTUNITIES OF OUR REGION, MULTIPLYING THE IMPACT OF INDIVIDUAL GIVING BY POOLING RESOURCES FOR THE COMMON GOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Caldwell CEO | Officer | 40 | $165,000 |
Lauren Obrien Board Chair | OfficerTrustee | 2 | $0 |
Hannah Sullivan Vice Chair | OfficerTrustee | 2 | $0 |
Bob Richards Treasurer | OfficerTrustee | 3 | $0 |
Kelley R Carroll Secretary | OfficerTrustee | 2 | $0 |
Bill Austin Board Member | Trustee | 2 | $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 | $4,526,061 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,526,061 |
| Total Program Service Revenue | $52,766 |
| Investment income | $1,006,245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,599 |
| Net Gain/Loss on Asset Sales | -$210,476 |
| Net Income from Fundraising Events | $302,425 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,953,426 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,514,200 |
| 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. | $165,000 |
| Compensation of current officers, directors, key employees. | $39,579 |
| Compensation to disqualified persons | $551,978 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,597 |
| Payroll taxes | $51,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $97,119 |
| Fees for services: Other | $373,917 |
| Advertising and promotion | $34,489 |
| Office expenses | $44,928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,202 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,336 |
| Insurance | $14,211 |
| All other expenses | $7,981 |
| Total functional expenses | $4,099,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,616 |
| Savings and temporary cash investments | $5,642,392 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,225 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,200,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,440 |
| Net Land, buildings, and equipment | $1,544,504 |
| Investments—publicly traded securities | $21,240,748 |
| Investments—other securities | $2,427,843 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,062,788 |
| Total assets | $34,379,556 |
| Accounts payable and accrued expenses | $169,361 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $169,361 |
| Net assets without donor restrictions | $19,158,240 |
| Net assets with donor restrictions | $15,051,955 |
| 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 | $34,379,556 |
Grants Awarded
Over the last fiscal year, Tahoe Truckee Community Foundation has awarded $2,514,200 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Incline Village, NV PURPOSE: 4-HEALTH & HUMAN SERVICES | $860,109 |
TAHOE TRUCKEE UNIFIED SCHOOL DISTRICT PURPOSE: 2-EDUCATION & YOUTH DEVELOPMENT | $482,009 |
Kings Beach, CA PURPOSE: 2-EDUCATION & YOUTH DEVELOPMENT | $225,600 |
Truckee, CA PURPOSE: 4-HEALTH & HUMAN SERVICES | $209,764 |
Truckee, CA PURPOSE: 4-HEALTH & HUMAN SERVICES | $116,300 |
Nevada City, CA PURPOSE: 1-ARTS, CULTURE, CIVIC, & PUBLIC BENEFIT | $111,428 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tahoe Truckee Community Foundation has recieved totaling $366,550.
| Awarding Organization | Amount |
|---|---|
Jacquie Foundation Incline Village, NV PURPOSE: SCHOLARSHIP FUND | $366,550 |
Endowment Analysis
| Beg. Balance | $10,602,252 |
| Earnings | $705,021 |
| Net Contributions | -$228,815 |
| Other Expense | $44,041 |
| Grants | $76,000 |
| Ending Balance | $9,606,731 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation Sonoma County Santa Rosa, CA | $227,314,167 | $31,190,414 |
North Valley Community Foundation Chico, CA | $60,759,000 | $16,028,341 |
Community Foundation For Southern Arizona Tucson, AZ | $172,311,447 | $35,644,345 |
International Community Foundation National City, CA | $29,422,268 | $13,734,101 |
Rancho Santa Fe Foundation Rancho Santa Fe, CA | $166,599,422 | $22,283,277 |
Community Foundation Of Western Nevada Reno, NV | $127,209,186 | $12,894,705 |
Humboldt Area Foundation Bayside, CA | $172,334,910 | $13,192,449 |
Jewish Community Foundation Of Southern Arizona Tucson, AZ | $157,844,908 | $29,193,344 |
Mayors Fund For Los Angeles Los Angeles, CA | $12,037,706 | $5,243,106 |
Jewish Community Foundation Of Orange County Irvine, CA | $108,015,348 | $20,165,393 |
Pasadena Community Foundation Pasadena, CA | $160,872,116 | $33,042,535 |
Stanislaus Community Foundation Modesto, CA | $47,035,948 | $9,403,966 |