Philanthropy is our core business. Our goal is to assist your clients in their charitable giving using the best methods that support them, their family, their assets and their legacy. We recognize that the advice of professionals – attorneys, CPAs, financial and insurance planners, and other estate planners – is critical to the future of philanthropy in the Tahoe Region.
-
Home
- ADVISORS
Our Giving Guide
• MEET with us
• DETERMINE when and how to give
• DECIDE who or what to support
View our Guide
Partnering to Serve Client Needs
You work hard to provide your clients with the best service possible. And you know that charitable giving can be an important part of a client's financial and tax planning - whether they are selling a business or stock options, planning their estates, managing an inheritance or maximizing their yearly tax benefits. So let the Parasol Tahoe Community Foundation help you! We can be your professional resource when it comes to facilitating your client's charitable giving goals in the most tax-advantaged and cost effective manner possible. We provide a variety of methods for you to assist your clients and we deliver our services with upmost professionalism, including respect for your confidential client relationships.
The Parasol Tahoe Community Foundation is a public charity dedicated to effective philanthropy and ensuring the intention of each donor gift. As a community foundation, we are here for today and will exist tomorrow - in perpetuity. From simple donor advised funds to setting up a supporting organization, Parasol is here to assist you.
Since our inception in 1996, we have built a strong track record for quality services, expert stewardship and committed leadership. We invite you to get to know us, gain confidence in our work, and partner with us in assisting your clients in making a world of difference.
Parasol Professional Advisor Council
The Parasol Tahoe Community Foundation works with a variety of professional advisors, especially our Professional Advisor Council, that includes:Parasol Professional Advisor Council
Attorneys
Soraya Aguirre, Aguirre Riley, P.C.
Ron Alling, Alling & Jillson, Ltd
Gerald Dorn, Anderson, Dorn & Radar, Ltd
Julia Gold, Law Offices of Julia S. Gold, P.C.
Scott Gunderson, Scott Gunderson, Attorney at Law
Kurt Hunsberger, Maupin, Cox, LeGoy
Alicia Johnson, Johnson Law Practice
Susanna Kintz, Reese Kintz, LLC
Michelle D. Rafferty, Maupin, Cox, LeGoy
Nicole Vance, Dunham Trust Company
Jamie Walker, Alling & Jillson, Ltd
Certified Public Accountants
George Ashley, Ashley Quinn CPAs and Consultants
Mike Bosma, CliftonLarsonAllen, LLP and The Bosma Group, P.C.
Mike Griesmer, McClintock Accountancy Corporation
Kevin Hameister, Ashley Quinn CPAs and Consultants
Bill Johnson, David, Johnson & Larsen, Ltd
Insurance Professionals
Geoff Grenert, Cypress Strategies
Mike Menath, Menath Insurance
Scott Menath, Menath Insurance
Private Bankers
Janet Mello, City National Bank
Financial Investment Advisors
Hawley MacLean, MacLean Financial Group
James Marren, Reno Wealth Advisors
Learn More
Our professional staff is available to speak with you, members of your firm, your organization or your clients about charitable giving options, creating a legacy through planned giving, emerging community issues, as well as building endowments for non-profit organizations.
Please contact Claudia Andersen, CEO, at 775-298-0187 to set up a time that is convenient for you.Investment Strategy
One of the Parasol Tahoe Community Foundation's most important responsibilities is our stewardship of charitable funds entrusted to our care. We have a broadly diversified investment portfolio that is structured to produce investment returns that exceed market averages while moderating risk, with the goal of enabling our donors to maximize their philanthropic giving.
We do not engage in market timing. Funds available for investment are invested promptly, and funds needed for distributions are liquidated promptly. Similarly, market fluctuations do not trigger changes in the investment mix targets for our four investment horizon categories.
Investment Horizon Categories
To meet the philanthropic objectives of donor funds, investments can be made in one or more of four investment horizon categories: Long Term, Intermediate Term, Short Term and Socially Responsible. A Fund’s risk appetite and the time horizon over which the Fund will exist determine its investment horizon; the longer the investment horizon, the greater the expected return.
Most recent Investment Performance View
Investment Options
- Ultra-Long Term
- Long Term
- Intermediate Term
- Short Term
- Socially Responsible
Ultra-Long Term
Goal: To achieve average annual returns significantly greater than inflation with the prospect of periodic market value drops over market cycles greater than 10 years. Designed to suit endowment funds invested for perpetuity and funds with long remaining lives and modest annual payouts.
Long Term
Goal: To achieve average annual returns several percentage points greater than inflation with the prospect of periodic market value drops over 7-10 year market cycles. Designed to suit funds with long remaining lives and modest annual payouts.
Intermediate Term
Goal: Returns slightly greater than inflation over time and an allowance for occasional market value dips within five year periods. Ideal for funds whose inflows are large, but infrequent relative to annual outflows.
Short Term
Goal: Relatively steady market values over time plus some inflation protection. Suited to accounts which receive periodic injections and/or have large annual payouts relative to their average balance.
Socially Responsible
Goal: Investments are screened for certain environmental, social and governance (ESG) criteria. Ideal for funds seeking to consider both financial return and social good to bring about a social change.
Parasol Investment Committee
Few community foundations have the breadth of financial experience and savvy offered by the Parasol Tahoe Community Foundation. Our Investment Committee members are some of the most successful and experienced entrepreneurs in the financial world. These volunteers direct Parasol’s investment philosophy, process and management, bringing a global perspective to the investment of community charitable assets.Investment Committee Members
Parasol Investment Committee
Aaron Moore, Chair: Former Chief Technology Officer and Board Member of Zephyr Associates, a leading provider of investment analysis software
David Hardie: Chairman and CEO of Hallador Investment Advisors, Inc.
Dean Meiling: Managing Director of Pacific Investment Management Company (PIMCO), retired
Alvaro Pascotto: Private investor as well as a lawyer specializing in private equity and wealth management, tax planning, entertainment and intellectual property. Founder of Kairos Partners SGR S.P.A.
Lisa Petrie: Certified Financial Planner and Managing Director-Investments, Senior Portfolio Manager of the Petrie Group of Wells Fargo Advisors
Ryan Ritchie: Portfolio Manager and wealth planner with a local private investment firm; specialties include global macro research and manager due diligence. Holds a Master of Science in Investment Management from London's Cass Business School.
Elbridge Stuart: Trustee and Treasurer of Stuart Foundation; Former Director of Alternative Investments & Research, Coldstream Capital Management