Financials - Tahoe Fund

Dear Friends of the Tahoe Fund,

We are proud to present our Fiscal Year 2023–2024 Annual Report. As you’ll see in this report, last year was full of transformational change for Lake Tahoe. Our partners throughout the region have rallied together around projects that are shifting the way we get things done: speeding up forest health treatments, undertaking large-scale restoration projects, and revolutionizing how we manage recreation and tourism.

Earlier this year, we joined forces with a handful of other Tahoe organizations to provide critical funding for the California Tahoe Conservancy’s acquisition of the former Motel 6 property and surrounding 31 acres within the Upper Truckee River watershed. This was the first step in one of the most important restoration projects in Lake Tahoe’s history. We remain committed to transforming this sensitive wetland into a healthy filtration system for Lake Tahoe, and are excited to support the next phase of the project: demolishing the existing buildings on-site.

In the spring, we demonstrated how innovative technology can improve how we handle forest health treatments in Tahoe. During a three-day pilot in Incline Village, BurnBot showcased its remote mastication tools, which remove excess trees, bushes, and other forest debris 10 times faster than traditional methods. This allows crews to complete fuels reduction projects more safely and in a fraction of the time, with less impact to the environment. The team completed a 22-acre treatment in just three days, making the landscape healthier and more resilient to wildfire.

We’ve also seen the power of collaboration, with the region’s first ever Destination Stewardship Plan bringing together land managers, business owners, public agencies and nonprofits around a shared vision for the future of our Lake. The core of this vision is taking better care of our environment for all to enjoy. That sentiment should sound familiar: it’s also the heart of our mission at the Tahoe Fund. Already, this new plan has redefined how we manage outdoor recreation and tourism and the results speak for themselves: less litter, better access to beaches, and more microtransit options.

These projects are only some examples of what we’ve accomplished alongside our partners over the last year. In total, we granted over $1.4 million to 50-plus projects in our five focus areas: forest health, lake clarity, sustainable recreation, stewardship, and transportation.

The unwavering commitment of our Stewardship Circle and project donors powers everything we do.

As we look to the year ahead, we know that it’s your support that enables us to be a catalyst for change in Tahoe. We are eternally grateful for you.