Nevada Community Foundation Inc
94% goes to programs $1 to raise $100 Strong reserves Growing revenue
Nevada Community Foundation Inc is a 501(c)(3) organization based in Las Vegas, Nevada, registered in 1993, with $36,650,798 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
1140 N Town Center Dr, Las Vegas, NV, 89144 EIN 88-0241420 Since 1993
Revenue (FY2024)
$36.7M
▼ 14.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$20.5M
Net assets
$250.1M
Employees
10
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating94% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Nevada Community Foundation Inc: 94% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating146 mo reserves · +44% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Nevada Community Foundation Inc: 146 mo reserves · +44% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Nevada Community Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Nevada Community Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Our mission is to steward our donors' charitable giving, now and for generations to come and to provide leadership, vision and impactful community investment for southern nevada.
What they do
Community supported program - this program consists of the foundation's direct support of other charities and charitable causes. other substantial activities classified as program expenditures include convenings to examine different community issues, the creation and publication of educational and resource materials, technical and organizational consulting assistance to charities, and public education efforts designed to raise the level of charitable giving for the broad benefit of all nonprofits in nevada.
Scholarship program - provide college and university scholarships to qualifying students. grants are made directly to the institution of higher learning for the benefit of the student.
Other program services include- designated programs, fiscal agencies programs, deferred crt and unrestricted programs. the designated program funds specific charities. the fiscal agencies program provides accounting and back office assistance to organizations to assist the organizations in achieving their charitable goals. unrestricted program expenses are the program area's share of general operating expenses.
Contact & location
- Address
- 1140 N Town Center Dr, Las Vegas, NV, 89144
- City
- Las Vegas
- State
- Nevada
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $103.0M (FY2013) to $36.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.3MNet assets $250.1M
Operating margin
44.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$253.5M
Total liabilities
$3.3M
Net assets
$250.1M
Salaries & benefits
$961K
5% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,650,798▼14.5% | $20,540,529▼81.2% | $250,135,433▲11.1% | $253,451,938▲10.9% | 990 |
| 2023 | $42,842,173▼38.5% | $109,289,598▲751% | $225,113,890▼20.6% | $228,588,811▼25.3% | 990 |
| 2022 | $69,619,926▲199% | $12,843,905▼49.9% | $283,693,368▲27.8% | $305,853,612▲25.1% | 990 |
| 2021 | $23,282,106▼9.3% | $25,652,958▲48.4% | $221,975,218▲3.1% | $244,409,532▲6.9% | 990 |
| 2020 | $25,683,352▼28.2% | $17,283,880▲4.1% | $215,351,820▲25.6% | $228,677,292▲22.1% | 990 |
| 2019 | $35,783,808▲238% | $16,608,096▲63.7% | $171,424,648▲18.1% | $187,213,768▲19.5% | 990 |
| 2018 | $10,589,575▼11.1% | $10,145,113▼20.0% | $145,183,791▲2.1% | $156,610,721▲3.6% | 990 |
| 2017 | $11,911,732▼24.5% | $12,673,640▲123% | $142,174,524▲6.4% | $151,217,709▲5.6% | 990 |
| 2016 | $15,771,948▲202% | $5,671,620▼45.7% | $133,598,345▲14.9% | $143,168,866▲13.2% | 990 |
| 2015 | $5,220,679▼55.2% | $10,451,985▼2.4% | $116,262,303▼4.5% | $126,472,165▼3.6% | 990 |
| 2014 | $11,643,545▼88.7% | $10,711,460▲207% | $121,746,522▼6.7% | $131,229,615▼2.4% | 990 |
| 2013 | $103,006,505 | $3,494,203▲29.3% | $130,441,456▲382% | $134,491,035▲333% | 990 |
| 2012 | — | $2,701,913▼11.9% | $27,081,952▲10.4% | $31,058,112▲9.7% | 990 |
| 2011 | — | $3,066,256▼23.5% | $24,540,382▲26.0% | $28,319,242▲27.0% | 990 |
| 2009 | — | $4,007,530 | $19,483,515 | $22,299,096 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Gian Brosco — $312,105 (1.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gian Brosco | President An | 40 | $312,105 |
| Beth Farley | Cfo | 40 | $78,405 |
| Alberto Leon | Director | 1 | — |
| Dan Martin | Director | 1 | — |
| Dr Lisa Morris-hibbler | Director | 1 | — |
| Geraldine Tomich | Chair | 1 | — |
| Kari Uyehara | Director | 1 | — |
| Michael Threet | Treasurer | 1 | — |
| Tami Hance-lehr | Secretary | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Now Cfo Las Vegas LLC | Prof Services | $151,561 |
| Goldenview Consulting | Prof Services | $121,205 |
| Rodriguez Horii Choi & Caferata | Legal | $104,643 |
Grants received · $38.0M total
58 grants to Nevada Community Foundation Inc totaling $38.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $16.5M in FY2024
122 grants totaling $16.5M in FY2024 — showing the 15 largest. All grants made by Nevada Community Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Hankey Family Daf - Jp Morgan | Charitable | $7,500,000 |
| Childrens Hospital Los Angeles | Charitable | $2,000,000 |
| Nevada Vision Foundation | Charitable | $985,624 |
| Salvation Army World Service Office Sawso | Charitable | $525,000 |
| Hearts Alive Village | Charitable | $510,351 |
| University of Nevada Las Vegas Foundation | Charitable | $472,116 |
| Saving Gizmos Friends | Charitable | $348,000 |
| Donor Advised Charitable Giving | Charitable | $211,194 |
| University of Southern California | Charitable | $210,821 |
| Fargo Hockey Association | Charitable | $200,000 |
| Mann Charitable Foundation | Charitable | $150,000 |
| Friends of the Israel Defense Forces | Charitable | $150,000 |
| Las Vegas Philharmonic | Charitable | $125,000 |
| St Judes Ranch For Children-nevada Region Inc | Charitable | $112,500 |
| Foster Kinship | Charitable | $103,333 |
Similar organizations in Philanthropy
Philanthropy
Community Foundation of Northern Nevada
Reno, NV
$38.4M
Bannual revenue
Philanthropy
United Way of Southern Nevada Inc
Las Vegas, NV
$20.9M
C+annual revenue
Philanthropy
Opportunity Village Foundation
Las Vegas, NV
$20.6M
Bannual revenue
Philanthropy
Just One Project
Las Vegas, NV
$19.8M
Bannual revenue
Philanthropy
Nevada Volunteers
Reno, NV
$5.9M
Cannual revenue
Philanthropy
Vegas Golden Knights Foundation Inc
Las Vegas, NV
$5.2M
Bannual revenue
Philanthropy
Nevada H A N D Inc
Las Vegas, NV
$5.1M
Dannual revenue
Philanthropy
Mgm Resorts Foundation
Las Vegas, NV
$5.1M
Bannual revenue
Philanthropy
United Way of Northern Nevada and the Sierra
Reno, NV
$5.0M
C+annual revenue
Philanthropy
Northern Nevada Childrens Cancer Foundation Inc
Reno, NV
$4.0M
Bannual revenue
Compare Nevada Community Foundation Inc
Frequently asked questions
- Is Nevada Community Foundation Inc a legitimate nonprofit?
- Yes. Nevada Community Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 88-0241420, based in Las Vegas, Nevada. Donations are tax-deductible.
- What is Nevada Community Foundation Inc's EIN?
- Nevada Community Foundation Inc's Employer Identification Number (EIN) is 88-0241420.
- How much revenue does Nevada Community Foundation Inc report?
- Nevada Community Foundation Inc reported $36,650,798 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Nevada Community Foundation Inc's spending goes to programs?
- Nevada Community Foundation Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Nevada Community Foundation Inc have?
- CharityIndex grades Nevada Community Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Nevada Community Foundation Inc's highest-paid employee make?
- The highest reported compensation on Nevada Community Foundation Inc's latest Form 990 is $312,105, paid to Gian Brosco (President An).
More nonprofits in Las Vegas
Explore more
Data for Nevada Community Foundation Inc (EIN 88-0241420) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.