Begin Planning Your Legacy

Legacy Society

The Legacy Society honors those individuals and families that have chosen to include the Foundation in their estate plans or in a planned gift arrangement. Their generosity will not only benefit future generations but will also help build awareness of what is possible through charitable giving vehicles. Gifts received through an individual's planned giving instrument help build our endowment, assuring a strong and sustaining future for the community.  

If you have included the Nevada Community Foundation in your estate plans, please let us know so that we may acknowledge and thank you.

Here are the current members* of the Legacy Society: 

Anonymous (3)
Leonard and Audrey Albertini
Doug Beckley
Philip & Elizabeth Block
Joanne Blystone
Alden Briggs*
Hortense Briggs
Susan Byerley
James & Margaret Calegory
Susan Foregard Campbell
Robert E. Clark
Moe Dalitz*
Estelle Disselhorst
Robert Gall
Virginia Gang
Lou Gamage
Lloyd Gronberg
Gary & Carolyn Jan Hanna
Ernest Happold*

Kenneth & Jodi Huff
Gard & Florence Jameson
John Krakauer
Donald & Kathleen Klinkner
Franklin Koch*
Duncan & Irene Lee Allen & Lynn Landers
John & Bonita Madden
George & Priscilla Messenger
William M. Moore*
Rosanne Moss
Richard Ogden
George & Debbie Pietro
Rita S. Rapoza, Ph.D.
Elaine & Dale Roesener
Pete & Inez Salcido
Mary Lulu Schweitz
Charles & Lenke Tarr*
George Von Tobel*
Gary & Paula Waite
Edwin F. Wiegand*

(*) realized gift

Organization Endowment Funds

By creating an Organization Endowment Fund at the Nevada Community Foundation, a nonprofit is able focus on development efforts instead of the administrative requirements of its endowment.

Nonprofit organizations that believe endowment building is important to the long-term stability of their organizations can arrange to set up a fund at the Nevada Community Foundation. An Organization Endowment Fund generally distributes investment income to the organization on an annual basis, or the organization can choose to have the income roll back into its fund.

Nonprofits create Organization Endowment Funds to provide an ongoing source of income and to demonstrate its security, stability, and long-range financial planning to potential donors, while the Nevada Community Foundation absorbs the administrative burdens of the endowment.

Benefits of creating an Organization Endowment Fund include:

  • The Nevada Community Foundation's Investment Committee has extensive knowledge and experience to ensure that the growth potential of your fund is maximized.
  • A partnership with the Nevada Community Foundation increases visibility of your organization and potential for additional contributions.
  • Your organization benefits from lower fees and costs resulting from our economies of scale.
  • The assets in your fund remain YOUR assets. Both your non-profit organization and Nevada Community Foundation are public charities.  As such, assets can flow freely between our respective organizations without the tax implications that occur when an individual donor makes a personal gift.  Pursuant to Financial Accounting Standards Board Statement 136, the Nevada Community Foundation records Organizational Endowment Funds as both an asset and a liability since we are contractually required to manage those assets for your charity's exclusive benefit.  Hence, the monies in your Organizational Endowment Fund are still recorded as an asset on your financial statements in recognition that this is your asset to be exclusively used to support the charitable mission of your organization.