Carol Franc Buck Foundation

INCLINE VILLAGE, NV EIN: 88-0163505

The Carol Franc Buck Foundation is a private foundation incorporated in Nevada in 1979, based in Incline Village, Nevada. It operates as a 501(c)(3) family foundation with a primary focus on supporting the arts, particularly visual and performing arts with an emphasis on music and arts education.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.2M

-2.7% YoY

Annual Giving

$1.5M

-9.4% YoY

Grant Count

-19.0% YoY

Avg Grant Size

$91K

+11.9% YoY

Under IRS private-foundation payout rules, Carol Franc Buck Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to support visual and performing arts, especially music, and for education in the arts. The foundation supports performing and visual arts throughout the western United States.

Grantmaking

Grant Range

s & Activity:**

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Geographic Focus

Where this funder awards grants

The foundation funds organizations primarily in Nevada, California, and New York, with a broader focus on the western United States.

Grant Distribution by State

Nevada $2.3M (39%)

California $1.8M (32%)

Texas $585K (10%)

Louisiana $225K (4%)

Arizona $210K (4%)

New York $191K (3%)

New Mexico $150K (3%)

Wyoming $80K (1%)

+6 more states

States

Alaska Arizona California Hawaii Louisiana New Mexico Nevada New York Oregon South Carolina Texas Utah Washington Wyoming

Cities

AnchorageBerkeleyDallasGreenvilleHonoluluHoustonIncline VillageJackson HoleKirklandNew OrleansNew YorkPhoenixPleasantonPortlandRenoSalt Lake CitySan DiegoSan FranciscoSan JoseSanta Barbara

Financial History

Multi-year comparison from IRS filings

As of 2024:

Total assets: $17,218,785
Total giving: $1,544,500
Total revenue: $940,822
Total expenses: $1,881,171
Total liabilities: $2,540
Number of employees: 0

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$17,218,785	$17,693,834	$4,480,583
Revenue	$940,822	$502,568	$791,883
Expenses	$1,881,171	$2,120,335	$1,195,346
Qualifying Distributions	$1,734,128	$2,057,943	$1,144,293
Net Investment Income	$805,037	$440,176	$740,830
Distributable Amount	$1,334,854	$1,279,756	$553,177

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

75 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nevada Museum of Art ($750,000), Classical Tahoe ($150,000), Houston Grand Opera ($125,000).

Recipient	Purpose	Amount
HOUSTON GRAND OPERA HOUSTON, TX	2ND INSTALLMENT OF 2 IN SUPPORT OF JAKE HEGGIE'S WORLD PREMIERE OF "INTELLIGENCE"	$125,000
SIERRA NEVADA BALLET RENO, NV	RENOVATION OF NEW LOCATION & SUPPORT OF 2024 PERFORMANCE SEASON	$60,000
CLASSICAL TAHOE INCLINE VILLAGE, NV	3RD INSTALLMENT OF 3 IN SUPPORT OF 10TH ANNIVERSARY FESTIVAL	$150,000
ANCHORAGE OPERA ANCHORAGE, AK	IN SUPPORT OF PUCCINI'S "MADAM BUTTERFLY" FEB 6,8,9 2025	$25,000
NOE VALLEY CHAMBER MUSIC SAN FRANCISCO, CA	1ST INSTALLMENT OF 2 TO HELP FUND ARTIST FEES FOR 2024-2025 & 2025-2026 SEASONS	$25,000
PBS RENO RENO, NV	IN SUPPORT OF ONGOING ARTS PROGRAMMING LOCALLY & NATIONWIDE	$50,000
WEST EDGE OPERA BERKELEY, CA	2nd Installment of 2 in support of premiere of "Dolores"	$32,000
ORPHEUS PDX NEW ORLEANS, LA	IN SUPPORT OF MOZART'S II SOGNO DI SCIPIONE AUGUST 2ND & 3RD 2025	$25,000
SCHOOL OF AMERICAN BALLET SAB NEW YORK, NY	SPONSORSHIP "SCENES DE BALLET" TSCHAIKOVSKY PIANO CONCERTO NO. 2	$50,000
NEVADA MUSEUM OF ART RENO, NV	2ND, 3RD & 4TH INSTALLMENT OF GRANT FOR BLDG. CAMPAIGN IN MEMORY OF CAROL FRANC BUCK	$750,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHRISTIAN P ERDMAN	TRUSTEE	—	—
HELEN J O'HANLON	TRUSTEE	—	—
MCKENZIE ERDMAN	Trustee	—	—

Contact Information

Address: PO Box 6085, Incline Village, NV 89450-6085
Telephone: 775-831-6366

Frequently Asked Questions

What does Carol Franc Buck Foundation fund?

How do I apply for a grant from Carol Franc Buck Foundation?

**Grant Sizes & Activity:** • Typical grant awards range from $2,500 to $750,000 • Total giving in 2024: $1,544,500 • The foundation made 14 grants in the most recent fiscal year • 21 organizations received grants totaling $1,704,400 plus expenses of $415,935 **Recent Grants (2024):** • Nevada Museum of Art: $750,000 (2nd, 3rd & 4th installment of grant for building campaign in memory of Carol Franc Buck) • Classical Tahoe: $150,000 (3rd installment in support of 10th Anniversary Festival) • Si…

Where does Carol Franc Buck Foundation make grants?

The foundation funds organizations primarily in Nevada, California, and New York, with a broader focus on the western United States.

What size grants does Carol Franc Buck Foundation award?

In 2024, Carol Franc Buck Foundation awarded 17 grants totaling $1.5M — an average of about $91K per grant, based on its IRS Form 990 filings.

How much is Carol Franc Buck Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol Franc Buck Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.