In The News – Community Foundation in Tahoe awards nearly $400,000 in grants to local nonprofits
August 24, 2024 | Member Submitted
Originally Published in the Tahoe Daily Tribune, 08/23/2024, Submitted
INCLINE VILLAGE, Nev. – Through the generosity of its donors, Parasol Tahoe Community Foundation has once again broken its record on competitive grants made! The Community Foundation is proud to announce that it has granted nearly $400,000 through its Community Impact Grants in 2024, benefiting nonprofit organizations in the Lake Tahoe basin.
These annual competitive grants allow nonprofit organizations to request support focused on the Community Foundation’s five focus areas: well-being, education, arts and culture, environment, and community engagement. Volunteer members serving on the Community Foundation’s Community Impact Committee review each grant proposal and award the most impactful opportunities.
Last year, the Community Foundation expanded this opportunity by inviting its Donor Advised Fund holders to co-invest in the Community Impact Grants by providing summaries of the proposals and giving them the opportunity to make grant recommendations from their funds. These co-investments, when combined with the Community Foundation’s funds, have led to back-to-back record setting years for Community Impact Grants.