Community Foundation Of Western Nevada in Reno, Nevada (NV)

Organization representatives - add corrected or new information about Community Foundation Of Western Nevada »

Non-representatives - add comments about Community Foundation Of Western Nevada»

Community Foundation Of Western Nevada
Employer Identification Number (EIN)880370179
Name of OrganizationCommunity Foundation Of Western Nevada
In Care of NameMark W Knobel
Address1885 S Arlington Ave Ste 103, Reno, NV 89509-3370
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Community trust or component
SubsectionCharitable Organization
Ruling Date02/1998
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$71,702,545
Amount of Income$26,597,379
Form 990 Revenue Amount$13,289,714
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Community Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.87.119.171 will be logged.

Amount of income in 2013: $26,597,379
Community Foundation Of Western Nevada: 

 $26,597,379
Other organizations performing similar types of work: 

 $123,400

Assets in 2013: $71,702,545
This organization: 

 $71,702,545
Other organizations performing similar types of work: 

 $188,019

Expenses in 2013: $7,894,364
This organization: 

 $7,894,364
Other organizations performing similar types of work: 

 $82,376

Income to expenses ratio in 2013: 3.4
This organization: 

 3.4
Other organizations performing similar types of work: 

 5.6

Expenses allocated to program services in 2007: 96.2%
Community Foundation Of Western Nevada: 

 96.2%
Other organizations performing similar types of work: 

 87.3%

Number of employees in 2013: 6
This organization: 

 6
Other organizations performing similar types of work: 

 1

Employees paid over $100,000 in 2013: 16.7%
Community Foundation Of Western Nevada: 

 16.7%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 61.3%
Community Foundation Of Western Nevada: 

 61.3%
Other organizations performing similar types of work: 

 20.2%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?YesYes
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?YesNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoYes
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?YesYes
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2010201120122013
The number reported in Box 3 of Form 1096133240
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return666
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?YesNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?YesNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$122,500$128,880
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$8,618$8,901
Total number of individuals who received more than $100,000 of reportable compensation from the organization11
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
2010201120122013
Total revenue$7,165,420$28,259,199$22,153,793$13,289,714
Contributions, Gifts, Grants and Other Similar Amounts$5,895,341$27,005,179$20,285,845$8,152,812
Program Service Revenue$0$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$815,578$703,692$1,188,140$1,260,016
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$26,031$21,540$0$0
Net rental income$51,363$54,866$61,717$41,680
Gross rents (Real / Personal)$115,994 / $0$97,726 / $0$109,619 / $0$89,582 / $0
Less: rental expenses (Real / Personal)$64,631 / $0$42,860 / $0$47,902 / $0$47,902 / $0
Rental income or (loss) (Real / Personal)$51,363 / $0$54,866 / $0$61,717 / $0$41,680 / $0
Net gain/loss from sales of assets other than inventory$0$368,310$-28,458$3,130,581
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$368,310 / $0$0 / $0$16,390,344 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$28,458 / $0$13,259,763 / $0
Gain or (loss) (Securities / Other)$0 / $0$368,310 / $0$-28,458 / $0$3,130,581 / $0
Net income/loss from fundraising events$0$0$0$0
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$377,107$105,612$646,549$704,625
561000$105,612$592,023$649,943
900099$0$54,526$54,682
All other revenue$0$0$0
Statement of Functional Expenses
2010201120122013
Total functional expenses$6,669,635$11,320,934$7,023,763$7,894,364
Grants and other assistance to domestic organizations and domestic governments$9,815,437$5,905,664$6,174,532
Grants and other assistance to domestic individuals$491,966$0$514,842
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$28,000
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$178,000$106,500$131,119$137,781
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$133,409$235,654$270,457$271,166
Pension plan accruals and contributions$0$12,861$14,070
Other employee benefits$24,633$10,849$16,842
Payroll taxes$23,501$26,949$32,379$33,089
Fees for services (non-employees)
Management$0$0$0
Legal$25$1,099$0
Accounting$27,526$25,677$34,477
Lobbying$0$0$0
Professional fundraising services$0$0$0$0
Investment management fees$193,562$172,162$236,091
Other$3,961$19,357$19,579
Advertising and promotion$9,189$7,328$9,574
Office expenses$23,989$31,063$29,510
Information technology$36,143$37,669$48,327
Royalties$0$0$0
Occupancy$25,500$25,500$25,500
Travel$4,804$2,386$7,482
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$4,220$380$8,438
Interest$12,559$11,029$9,388
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$6,235$2,767$3,660
Insurance$6,877$5,632$12,269
Other expenses$221,075$262,450$198,084
Other expenses$44,130$55,935$59,245
Other expenses$0$0$2,418
Balance Sheet
2010201120122013
Total assets$41,945,149$61,673,215$65,539,488$71,702,545
Cash - non-interest-bearing$0$0$0
Savings and temporary cash investments$5,835,748$7,976,837$8,236,667
Pledges and grants receivable, net$2,240,822$1,933,272$1,286,316
Accounts receivable, net$0$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$3,984,500$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$4$17,614$25,176
Land, buildings, and equipment: cost or other basis$3,719,062$1,254,251$1,224,122
Investments - publicly traded securities$0$0$46,990,245
Investments - other securities$45,893,079$54,357,514$0
Investments - program-related$0$0$13,940,019
Intangible assets$0$0$0
Other assets$0$0$0
Total liabilities$10,637,803$14,608,244$8,927,866$7,270,357
Accounts payable and accrued expenses$86,245$61,594$67,073
Grants payable$0$0$0
Deferred revenue$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$14,521,999$8,866,272$7,203,284
Total net assets or fund balances$31,307,346$47,064,971$56,611,622$64,432,188
Unrestricted net assets$37,431,283$23,240,510$29,052,402
Temporarily restricted net assets$7,258,438$23,829,178$25,407,784
Permanently restricted net assets$2,375,250$9,541,934$9,972,002
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$31,317,656
Subtotal Support$54,993,422
Gifts, grants, contributions, and membership fees received$54,993,422
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$23,675,766
Total Support$61,354,135
Public Support$54,993,422
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$4,876,822
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$1,483,891
Gross receipts from related activities, etc.$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2007
Total revenue$16,818,385
Contributions, gifts, grants, and similar amounts received$13,965,860
Contributions to donor advised funds$13,965,860
Direct public support$0
Indirect public support$0
Government contributions (grants)$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Interest on savings and temporary cash investments$185,388
Dividends and interest from securities$1,492,023
Net rental income or (loss)$82,236
Gross rents$152,494
Less: rental expenses$70,258
Other investment income$52,465
Gain or (loss) from sales of assets other than inventory$1,022,495
Gross amount from sales of assets other than inventory$16,017,628
Less: cost or other basis and sales expenses$14,995,133
Net income or (loss) from special events and activities$0
Gross revenue$0
Less: direct expenses other than fundraising expenses$0
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$17,918
Total expenses$8,476,911
Program services$8,155,852
Management and general$298,206
Fundraising$22,853
Payments to affiliates$0
Net assets or fund balances at end of year$40,505,290
Excess or (deficit) for the year$8,341,474
Net assets or fund balances at beginning of year$32,258,202
Other changes in net assets or fund balances$-94,386
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$8,476,911$8,155,852$298,206$22,853
Grants paid from donor advised funds$7,850,994
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$91,016$72,813$9,102$9,101
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$157,531$33,872$123,659$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$1,058$565$454$39
Payroll taxes$19,939$8,559$10,650$730
Professional fundraising fees$0$0$0$0
Accounting fees$19,964$0$19,964$0
Legal fees$1,401$0$1,401$0
Supplies$0$0$0$0
Telephone$3,647$2,917$365$365
Postage and shipping$4,726$0$4,726$0
Occupancy$25,500$20,400$2,550$2,550
Equipment rental and maintenance$3,001$0$3,001$0
Printing and publications$22,688$1,407$11,798$9,483
Travel$7,190$0$7,190$0
Conferences, conventions, and meetings$17,665$12,309$5,356$0
Interest$0$0$0$0
Depreciation, depletion, etc.$5,857$4,686$586$585
Other expenses not covered above$244,734$147,330$97,404$0
Balance Sheets
2007
Total assets$50,255,967
Cash - non-interest-bearing$21,216
Savings and temporary cash investments$5,068,844
Accounts receivable less allowance for doubtful accounts$0
Pledges receivable less allowance for doubtful accounts$2,093,970
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$3,182
Investments - publicly-traded securities$0
Investments - other securities$40,794,515
Investments - land, buildings, and equipment less accumulated depreciation$2,201,293
Investments - other$45,609
Land, buildings, and equipment less accumulated depreciation$27,338
Other assets, including program-related investments$0
Total liabilities$9,750,677
Accounts payable and accrued expenses$19,359
Grants payable$0
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$0
Other liabilities$9,731,318
Total liabilities and net assets/fund balances$50,255,967
Total net assets or fund balances$40,505,290
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2007
Total revenue$16,818,385
Total revenue, gains, and other support per audited financial statements$16,794,258
Other expenses$-24,127
Net unrealized gains on investments$-94,386
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$70,259
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2007
Total expenses$8,476,911
Total expenses and losses per audited financial statements$8,547,170
Other revenue$70,259
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$70,259
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$19,016$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings14
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20064
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$2,782,142$70,383
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$185,388$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,492,023$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$82,236$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$52,465
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$1,022,495$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$17,918
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?Yes
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?Yes
The total number of donor advised funds owned at the end of the tax year$62
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$30,868,823
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$28
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$2,386,777
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2006
Total$3,883,442
Gifts, grants, and contributions received$2,361,809
Membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,521,633
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Community Foundation Of Western Nevada to others? (optional)
  
Add photo of Community Foundation Of Western Nevada (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Community Foundation Of Western Nevada1885 S Arlington Ave Ste 103, Reno, NV 89509-3370NV1998-02$26,597,379
2The Taos Community Foundation IncPO BOX 1925, Taos, NM 87571-1925NM1998-12$4,057,729
3College Of Southern Nevada Foundation Inc6375 W Charleston Blvd W32e, Las Vegas, NV 89146-1139NV1983-07$2,578,354
4Las Vegas Northwest Rotary FoundationPO BOX 370995, Las Vegas, NV 89137-0995NV2009-02$61,112
5Emerald Dream Foundation3078 East Sunset Road, Las Vegas, NV 89120NV2008-07$33,756
6Holy Order Sin Sity SistersPo Box 60005, Las Vegas, NV 89160NV2006-09$24,609
7Wayne Newton Foundation6730 S Pecos Rd, Las Vegas, NV 89120-2812NV2000-04$396
8Aqua Sun Foundation Inc1617 Water St Ste J, Minden, NV 89423-4310NV2014-07$0
9Community Builders Foundation2251 N Rampart Blvd Ste 361, Las Vegas, NV 89128-7640NV2001-01$0
10Design For Learning Foundation A Non-Profit CorporationPO BOX 454018, Las Vegas, NV 89154-4018NV2005-01$0
11Fund Urban Northern Nevada DevelopmentPO BOX 10167, Reno, NV 89510-0167NV1995-04$0
12I Run For Your Life A Nevada Non Profit Corporation3635 S Fort Apache Road 200-611, Las Vegas, NV 89147NV2009-03$0
13Incline Wrestling Foundation542 Jensen Circle, Incline Village, NV 89451NV2000-11$0
14Mark L Stark Family Foundation Inc A Supporting Organization1285 Imperia Dr, Henderson, NV 89052-4052NV2003-06$0
15Mb Foundation7065 West Ann Road 130-539, Las Vegas, NV 89130NV2011-03$0
16Nevada Communities Education Foundation Inc5313 Patricia Ave, Las Vegas, NV 89130-2608NV2006-04$0
17Nevada History Of Medicine Foundation1640 Manzanita Lane, Reno, NV 89509NV2001-11$0
18Oxford Foundation11 Brookridge Dr Ste 23, Henderson, NV 89052-6621NV1999-07$0
19Rotary Club Of Winnemucca Nv UsaPo Box 993, Winnemucca, NV 89445NV2011-08$0
20Tahoe Community Sailing Council Foundation Inc, Na Na4200 Plateau Rd, Reno, NV 89519NV2002-10$0
Number of organizations performing similar types of work
Alaska10
Alabama42
Arkansas20
Arizona50
California335
Colorado77
Connecticut51
District of Columbia21
Delaware7
Florida144
Georgia79
Hawaii16
Iowa86
Idaho15
Illinois129
Indiana75
Kansas52
Kentucky26
Louisiana25
Massachusetts83
Maryland76
Maine16
Michigan126
Minnesota62
Missouri48
Mississippi28
Montana45
North Carolina78
North Dakota10
Nebraska44
New Hampshire13
New Jersey99
New Mexico20
Nevada22
New York174
Ohio132
Oklahoma33
Oregon58
Pennsylvania123
Rhode Island20
South Carolina36
South Dakota9
Tennessee37
Texas194
Utah27
Virginia70
Vermont13
Washington71
Wisconsin83
West Virginia22
Wyoming12
International7
Total3,151

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Community Foundation Of Western Nevada and has no official or unofficial affiliation with Community Foundation Of Western Nevada