Compliance with Open Meeting Law; availability of records; exemption from certain taxes; nondisclosure of contributors.
Nev. Rev. Stat. § 388.750
in effect1. An educational foundation:
(a) Shall comply with the provisions of chapter 241 of NRS if the educational foundation is a public body, as defined in NRS 241.015 ;
(b) Except as otherwise provided in subsection 2, shall make its records public and open to inspection pursuant to NRS 239.010 ; and
(c) Is exempt from the taxes imposed by NRS 375.020 , 375.023 and 375.026 pursuant to subsection 12 of NRS 375.090 .
2. An educational foundation is not required to disclose the names of the contributors to the foundation or the amount of their contributions. The educational foundation shall, upon request, allow a contributor to examine, during regular business hours, any record, document or other information of the foundation relating to that contributor.
3. As used in this section, educational foundation means a nonprofit corporation, association or institution or a charitable organization that is:
(a) Organized and operated exclusively for the purpose of supporting one or more kindergartens, elementary schools, junior high or middle schools or high schools, or any combination thereof;
(b) Formed pursuant to the laws of this State; and
(c) Exempt from taxation pursuant to 26 U.S.C. § 501(c)(3).
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-388.htmlFetched: 10/4/2026
