Community Development : Community Foundations

Parasol Tahoe Community Foundation

Building prosperity through leadership, partnership and philanthropy

four stars

96.78

948 Incline Way Incline Village, NV 89451
tel: (775) 298-0100   Web Site
EIN: 88-0362053

Board Leadership
David Hardie
Chairman

CEO
Claudia Andersen
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 96.78 four stars
  Financial 95.45 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Parasol Tahoe Community Foundation was founded in 1996 to be a unique foundation that serves the Lake Tahoe community by promoting philanthropy and non-profit collaboration. We exist not to support a single organization, but to address the broadest range of charitable issues by building a perpetual source of community capital. We manage charitable funds for individuals, families, businesses and organizations that turn to us to help fulfill their philanthropic intent. The Parasol Tahoe Community Foundation (PTCF) provides leadership in the Lake Tahoe Basin as an effective, independent arena for addressing difficult issues and advocating for needed programs, services or policies.

Parasol Tahoe Community Foundation was founded in 1996 to be a unique foundation that serves the Lake Tahoe community by promoting philanthropy and non-profit collaboration. We exist not to support a single organization, but to address the broadest range of charitable issues by building a perpetual source of community capital. We manage charitable funds for individuals, families, businesses and organizations that turn to us to help fulfill their philanthropic intent. The Parasol Tahoe Community Foundation (PTCF) provides leadership in the Lake Tahoe Basin as an effective, independent arena for addressing difficult issues and advocating for needed programs, services or policies.

Impact Information

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Financial

four stars

95.45

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.2%
  Administrative Expenses 5.6%
  Fundraising Expenses 2.1%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 7.93
  Program Expenses Growth 8.0%
  Liabilities to Assets 0.7%
All data for Financial Performance Metrics calculations was provided by Parasol Tahoe Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Parasol Tahoe Community Foundation on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,374,313
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $182,050
   Related Organizations $0
   Government Grants $0
Total Contributions $4,556,363
   Program Service Revenue $68,233
Total Primary Revenue $4,624,596
   Other Revenue $3,281,215
TOTAL REVENUE $7,905,811
   
EXPENSES  
   Program Expenses $6,471,091
   Administrative Expenses $305,287
   Fundraising Expenses $120,185
TOTAL FUNCTIONAL EXPENSES $6,896,563
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,009,248
   
Net Assets $69,592,935

Charts

Compensation % of Expenses Paid to Title
$157,719 2.28% Claudia Andersen CEO

Mission

Parasol Tahoe Community Foundation was founded in 1996 to be a unique foundation that serves the Lake Tahoe community by promoting philanthropy and non-profit collaboration. We exist not to support a single organization, but to address the broadest range of charitable issues by building a perpetual source of community capital. We manage charitable funds for individuals, families, businesses and organizations that turn to us to help fulfill their philanthropic intent. The Parasol Tahoe Community Foundation (PTCF) provides leadership in the Lake Tahoe Basin as an effective, independent arena for addressing difficult issues and advocating for needed programs, services or policies.

Highly Rated

Charity Name & State Overall Score Overall Rating
Parasol Tahoe Community Foundation (NV) 96.78 four stars
Common Counsel Foundation (CA) 91.41 four stars
Communities Foundation of Texas (TX) 89.16 three stars
The Community Foundation for Northeast Florida (FL) 93.74 four stars
Grand Rapids Community Foundation (MI) 87.92 three stars

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Charity Contact Info

Parasol Tahoe Community Foundation
948 Incline Way
Incline Village, NV 89451
tel: (775) 298-0100
fax: (775) 298-0099
EIN: 88-0362053

Visit Web Site

Board Leadership

David Hardie
Chairman

CEO

Claudia Andersen
CEO