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Community Foundation of Northern Nevada
The Community Foundation of Northern Nevada was established in 1998 and is led by President and CEO Eaton Dunkelberger. It pools charitable funds from local...
Community Foundation of Northern Nevada
The Community Foundation of Northern Nevada was established in 1998 and is led by President and CEO Eaton Dunkelberger. It pools charitable funds from local donors to provide grants, scholarships, and direct community investments across the Northern Nevada region. Former President and CEO Chris Askin led the organization for over 22 years, stewarding its early growth into a civic anchor. The foundation's strategy blends traditional grantmaking with direct real estate development, focusing on affordable and transitional housing. Its project portfolio includes The Village on Sage Street, a modular housing complex operated by Volunteers of America; Golden Valley Homes, developed on city-donated land; and the City Cottage residential project. These initiatives are executed through subsidiary structures, including the Community Housing Land Trust, LLC, and supported by partnerships with private developers like Par Tolles and public entities such as the City of Reno. The organization holds an estimated $189 million in assets, functioning as the steward for numerous charitable funds. Its board includes Allison Gorelick, a private developer serving as Vice Chair, Sy Johnson, COO of Renown Health, and Bonnie Read of Duraflex International. The foundation is an accredited member of the Council on Foundations and has maintained National Standards for U.S. Community Foundations certification since 2006. In May 2026, the foundation continued to be led by Dunkelberger, sustaining its hybrid philanthropic-development model. The foundation's structural distinction is its direct ownership of a real estate operating subsidiary — the Community Housing Land Trust, LLC — converting charitable capital into tangible residential inventory. This moves the organization beyond a pass-through grantmaker into a primary developer, a rare posture for a community foundation.
General information
Firm type
Endowment / Foundation
Year founded
1998
Location
Region
North America
Country
United States
City
Reno
Corporate office
Reno, NV, United States
Principals
Eaton Dunkelberger
President and CEO
Chris Askin
Former President and CEO (led for 22+ years)
Matt Lazar
Chief Financial Officer
Allison Gorelick
Board Vice Chair
Sector focus
Frequently asked questions
Who runs investment decisions at the Community Foundation of Northern Nevada?
President and CEO Eaton Dunkelberger leads the organization's overall strategy, including its direct real estate development decisions. The foundation's CFO is Matt Lazar, and the board includes developers like Allison Gorelick and executives from Renown Health and Duraflex International. Specific investment committee structures are not publicly detailed.
How does the foundation source its real estate development projects?
The foundation partners directly with the City of Reno for land donations, as seen with The Village on Sage Street and Golden Valley Homes projects. It also collaborates with private developers and operates through its own subsidiary, the Community Housing Land Trust, LLC, to execute modular and residential housing developments.
Is the Community Foundation of Northern Nevada structured only as a grantmaker?
No. While it manages donor-advised funds and scholarships, it also operates as a direct developer of affordable housing. This is executed through a controlled subsidiary, the Community Housing Land Trust, LLC, making its posture distinct from a traditional pass-through grantmaking foundation.
What is the foundation's known posture on co-investments?
The foundation co-invests through partnerships. It donated land and capital to The Village on Sage Street, which is operated by Volunteers of America, and partnered with private developer Par Tolles on modular housing. These public-private partnerships are its primary model for scaling impact.
Does the foundation maintain separate philanthropic structures?
Yes, it stewards several supporting entities including the Community Foundation of Elko County, the Northern Nevada Endowment, the Raymond C. Rude Supporting Foundation, and the Truckee River Fund. These operate as distinct charitable vehicles under its umbrella.
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