Supporting the people and places of Tahoe

Ways to Give

We offer a variety of methods for you to contribute to the causes you care about - here in the Tahoe region, across the nation and around the world. We are a donor-centered organization that provides the highest level of service to each and every donor. Our experienced staff can assist you in creating positive impact with your gifts today - no matter the size - while our investment strategies can help you to grow your contributed assets to continue to meet the needs of tomorrow.

To Learn More:

Create Your Own Fund

Benefits of establishing a fund with us

    • You may contribute a wide variety of assets, from simple to complex
    • You may give now, give later as part of your estate plans, or both
    • You may make grant recommendations to qualified organizations anywhere in the world
    • You may easily track your fund activity & recommend grants online through our secure web site
    • You benefit from the most favorable tax deductions under IRS regulations
    • You are eligible for a tax deduction in the year you make a gift to your fund and then you may recommend grants over time, effectively separating your tax decisions from your charitable giving decisions
    • We handle all administrative tasks, so you free up your time and reduce your expenses
    • We manage our investments through our experienced Investment Committee, rather than an outside manager, which reduces the fees charged to your fund
    • We provide a low-cost alternative to opening and operating a private foundation
    • Our volunteer Investment Committee is comprised of successful investment managers that bring their global perspective to the investment of community charitable assets
    • Your contributed assets are pooled with those under management with us, allowing for greater diversification and economies of scale
    • Our Investment Committee is dedicated to preserving your contributed assets while enabling you to maximize your philanthropic giving
    • We protect your charitable intent, both today and in perpetuity
    • You may name your fund for yourself, your family, an organization, in memory of a loved one or choose a name that protects your privacy
    • No matter what name you choose, you may remain anonymous if privacy is important when making any gift or grant
    • You may engage family members in the grant making process
    • We are very knowledgeable about regional issues and needs, as well as the quality organizations addressing those needs, and can assist you in making informed giving decisions
    • We are available to work with you to create grant agreements, monitor grant reporting, and arrange site visits with nonprofit organizations
    • Since your interests are not always local, we can research organizations providing services in your areas of interest both nationally and beyond

Types of Funds

We offer a variety of funds to help you realize your charitable giving goals.

ADVISED FUNDS

  • These popular funds provide a convenient and flexible method for individuals, families, groups and businesses who want to be personally involved with their giving. You make contributions to your fund and receive the tax benefit at the time of the deposit. While we invest the charitable assets for growth, you may recommend grants over time to the specific causes and organizations you care about most. Donor advised funds are a positive alternative to a private foundation.
  • A committee advised fund is created by a group of people who are partnering with us to realize shared charitable goals. A committee advised fund is subject to the same guidelines as donor advised funds, however, grant recommendation decisions are mutually decided with grant recommendations communicated to us by the Committee Chair.
  • When faced with a personal loss, family and friends often want a thoughtful way of honoring a loved one. A memorial fund turns memorial gifts into a lasting legacy in your loved one's name. Once the fund is established, you have up to six months from the date of the first gift to reach the minimum gift requirement. For amounts less than the minimum, our staff can work with you to identify an appropriate nonprofit to receive memorial fund contributions directly.

CHARITABLE FUNDS (non-advised)

  • Donors who wish to support a specific organization can establish a designated fund. These funds may support the organization for a set period of time or in perpetuity. If the original organization ceases to exist, becomes obsolete or is unable to perform according to their charitable purpose, our Board of Directors is able to redirect the funds to an organization providing similar services without additional administrative costs. Once the fund is established, we will provide you with an annual report on the impact of your charitable giving.
  • These funds are established to support particular areas of interest, specific program initiatives, causes or geographic areas. These funds are restricted to a defined area of interest, while remaining somewhat flexible to meet changing situations. Once the fund is established, we will provide you with an annual report on the impact of your charitable giving.
  • These funds provide our Board of Directors with the ability to direct funds, in your name, to support the Tahoe region's greatest and most important needs - benefiting Tahoe now and for generations to come. Once the fund is established, we will provide you with an annual report on the impact of your charitable giving.

Create Your Charitable Legacy

Your
Legacy

Leaving a charitable giving legacy is often important to you and your family. We provide a Legacy Fund option, which allows you to plan for giving beyond your lifetime. Through a simple agreement, you inform us of your intention to leave a portion of your estate to your endowed Legacy Fund and provide us with information on the nonprofits you would like to support. We will make annual grants in your name to the organizations you have indicated - in perpetuity. We also provide, at no cost, for the updating of your intentions as your priorities change throughout your lifetime. Legacy funds are a perfect way for you to support your favorite charities or causes forever, creating a lasting legacy. And we are deeply committed to preserving your charitable intentions along with your legacy.

The Power of Endowment

Endowment
Albert Einstein once called compound interest "the most powerful force in the universe."

There is no better way to power your philanthropy and preserve your charitable giving legacy than endowing your fund. Through endowment you ensure lasting impact by preserving your principle gift(s) while making grants from income. Your endowed fund is invested for the long term, earning returns that allow you to provide for charitable needs in perpetuity through continued growth. Over time, the amount granted exceeds the original contribution(s) to the fund and all the while your principle remains intact and grows over time. And we will always be here to protect and preserve your charitable intentions and legacy - forever.

Getting Started

Getting
Started

Three simple steps to establish your fund:

1. Meet with us to determine the best type of fund for your needs
2. Complete a simple Fund Agreement
3. Transfer the required minimum deposit to your fund...

..and begin making a difference, anywhere in the world!

Let's Connect
To learn more about how we can assist you with your charitable giving and legacy plans, please contact:
Claudia Andersen
CEO


Support the Tahoe Community

Make a
Donation

There is no better way to support the people and places of Tahoe than a gift to the Parasol Tahoe Community Foundation. Whether making a gift to our Unrestricted Fund or to our Endowment Fund, you will leverage the power of collective giving and provide increased positive impact in the Tahoe community today and for years to come.

directory
Nonprofit Directory

Tahoe Gives is a nonprofit directory, created by the Parasol Tahoe Community Foundation to connect residents, donors, volunteers, and those in need, to programs and services in the Tahoe region. The directory includes the mission statement and website for each local nonprofit to help guide users and build relationships.


Charity Navigator - Charity Navigator, the nation’s largest charity evaluator, has continually awarded the Parasol Tahoe Community Foundation its highest possible rating of 4 stars. In addition, we have received a perfect overall score of 100 points, designating us as an exceptional charity. We are in the top 1% of charities rated and this sets us apart from our peers and demonstrates to the public our trustworthiness.
The Parasol Tahoe Community Foundation has been certified by the Community Foundations National Standards Board confirming that we meet the most rigorous standards in philanthropy. This certification is designed to provide quality assurance to donors, as well as their legal and financial advisors.