Families respond to area fund challenge | TahoeDailyTribune.com

Families respond to area fund challenge

Dan Thrift/Tahoe TribuneAnn Rasmussen, Sue Novasel and Sherri Acri, from left, review the 2002 annual report of the El Dorado Community Foundation.

Four El Dorado Community Foundation cabinet members and their families have started funds to benefit the South Lake Tahoe community. The 100 percent tax deductible funds have been matched dollar for dollar in the foundation’s South Lake Tahoe Area Fund Challenge. The Area Challenge makes available up to $50,000 in matching funds that can be raised for local charities.

Gene and Ann Rasmussen were early contributors to the South Lake Tahoe Area Fund Challenge. The fund will provide permanent ongoing support to benefit local works. The Rasmussens chose the fund with the hope of “stimulating other members of our community in support South Lake Tahoe causes.”

Bob and Sue Novasel started the Novasel Family Fund. They also have chosen their fund to directly benefit the South Lake Tahoe Area Fund. Each year the Novasel family can choose which local organization or cause will receive a grant from their fund. Bob and Sue felt this type of fund was best because “each year, as a family, we can sit down and decide how we can best give back to the community that has done so much for us.”

Terry and Lenore Finney started the Finney Family Fund to benefit minorities and children in the area. The Finneys are longtime advocates for minorities and children and saw this as an opportunity to ensure funds to help continue their work permanently.

Mark and Sherri Acri started the CASA South Lake Tahoe Fund. Each year the Court Appointed Special Advocates will receive the benefit from this fund. Mark and Sherri chose CASA because the organization because “as CASA volunteers ourselves, we see first hand what a tremendous impact the CASA program has on the lives of local children whom are involved in the court system.”

The El Dorado Community Fund is one of more than 600 such foundations around the country where donations of all sizes are pooled and professionally invested as a permanent endowment to benefit their respective communities. Since 1994 the El Dorado Community Foundation has distributed more than $1,300,000 in grants.

For more information on the El Dorado Community Foundation and South Lake Tahoe Area Challenge contact one of the following South Lake Tahoe cabinet members: Mark Acri, (530) 544-8093; Bob Novasel, (530) 577-5050; or Wendy David at (530) 544-6754.

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