Lake Tahoe Kiwanis Club Foundation

Private foundation · Grantmaker South Lake Tahoe, CA EIN: 91-2074899

Lake Tahoe Kiwanis Club Foundation is a private foundation, based in South Lake Tahoe, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 2 grants totaling $175K. Net investment income was $115K.

Key facts about Lake Tahoe Kiwanis Club Foundation

In short: Lake Tahoe Kiwanis Club Foundation gave $175K across 2 grants in 2024 (avg $88K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
91-2074899
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$175,000
Grants made (2024)
2
Average grant
$87,500
Median grant
$87,500
Total assets
$2,261,467
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-0.0% YoY

Annual Giving

$175K

+76.1% YoY

Grant Count

2

-91.7% YoY

Avg Grant Size

$88K

+2012.7% YoY

Under IRS private-foundation payout rules, Lake Tahoe Kiwanis Club Foundation reported a distributable amount of $150K for 2024 — the minimum it must pay out in qualifying distributions.

How Lake Tahoe Kiwanis Club Foundation gives

  • Giving grew 65% from 2021 to 2024. Method
  • In 2024 it paid out 76% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

South Lake TahoeStatelineSacramentoIndianapolisPlacervilleGardnervilleMindenZephyr Cove

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K23 grants2020 23 grants2021 24 grants2022 24 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $98K (2020) to $175K (2024). In 2024 it made 2 grants totaling $175K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

College scholarships accrued for 20: $88KCollege scholarships accruedfor 20$88KCommunity Svc grants accrued for 20: $88KCommunity Svc grants accruedfor 20$88K

The largest 2024 recipient was College scholarships accrued for 20 ($88K). Together the top 2 received $175K.

Grant Size Distribution

96 grants across all recorded years

92<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 92 grants of 96 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
College scholarships accrued for 20 South Lake Tahoe, CAScholarships$87,500
Community Svc grants accrued for 20 South Lake Tahoe, CACommunity Service$87,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,261,467$2,262,353$2,129,563
Revenue$189,265$306,725$188,855
Expenses$252,686$162,019$171,634
Qualifying Distributions$113,825$111,900$167,340
Net Investment Income$115,448$246,120$128,119
Distributable Amount$150,484$139,884$139,836

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Lake Tahoe Kiwanis Club Foundation is led by Ray Ortner, President on every filing since 2020; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ray Ortner

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Dick Van Buskirk

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jerry Klosterboer

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Margie Kovarik

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Karen Houser

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Julie Ryan

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Rich Barna

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: John Kirchner (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Lake Tahoe Kiwanis Club Foundation

How much does Lake Tahoe Kiwanis Club Foundation give each year?

Lake Tahoe Kiwanis Club Foundation gave $175K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $99K across 24 grants.

How large is Lake Tahoe Kiwanis Club Foundation?

Lake Tahoe Kiwanis Club Foundation reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $114K in qualifying distributions that year, against a required minimum of $150K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Lake Tahoe Kiwanis Club Foundation operate?

Lake Tahoe Kiwanis Club Foundation has awarded grants in California, Indiana, Nevada.

What is Lake Tahoe Kiwanis Club Foundation's EIN?

Lake Tahoe Kiwanis Club Foundation's EIN (Employer Identification Number) is 91-2074899. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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