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Parasol Tahoe Community Foundation

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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. To donors, we represent an effective and innovative giving vehicle, one that combines maximum tax savings with the opportunity to make a difference – forever – for those in the Tahoe Region. To non-profits, we address community needs through grants along with operating the Donald W. Reynolds Non-Profit Center. We increase the capacity and effectiveness of organizations and improve the quality of life in the region. 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.

Geographic areas served: Lake Tahoe Basin

Programs: Donor services: parasol fulfills its mission to promote effective philanthropy by offering a variety of managed funds and by supporting charitable organizations through effective grant making. We partner with donors to meet their philanthropic goals, provide stewardship of their contributed assets and offer information on ways that their gifts can have the most positive impact. As the tahoe region's oldest and largest community foundation, parasol currently administers 90 charitable funds which supported 195 non-profit organizations this year. It is the intention of parasol to continue to build charitable resources that will benefit the community now and into the future.

donald w. Reynolds community non-profit center: last year, parasol provided local non-profits with grants valued at $934,993 for dwr center office space, storage space, and meeting room use. The dwr center is a valuable asset which allows agencies to allocate more funding toward programs and services which directly benefit the community.

americorps: the parasol americorps program is a recognized model in the state of nevada. With the purpose of providing direct support and capacity-building to local non-profits, during the 2012/2013 grant year, 17 volunteers served 29,379 hours and recruited nearly 1600 community volunteers that served an additional 27,436 hours. The federal program provided $220,328 to the community with a match of $56,800 by parasol.

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