When buying or selling property in the following four communities: The Northstar Village, Northstar Mountainside, Old Greenwood and Gray’s Crossing there is a private transfer fee that applies to each transfer of property. The fee ranges from 1% - 1.75% of the agreed purchase price of the property. Where does this money go?
In 2016, the Tahoe Mountain Resorts Foundation awarded more than $340,000 in grants and scholarships. 31 local non-profit organizations received grants from the foundation and 8 graduating seniors received scholarships. Programs like Project MANA, The Boys & Girls Club of North Lake Tahoe, Truckee Bike Park and the Tahoe Rim Trail Association benefit each year from these grants supporting the community, programs for kids, recreation, trails and more.
The Truckee Donner Land Trust is one of the largest beneficiary of this transfer fee. They have been protecting the land in the Tahoe Basin since 1990. To date they have protected 33,000 acres ensuring continued recreation access for future generations.
Click here for a list of all 2016 grant recipients.
Tahoe Mountain Resorts Foundation mission statement: