Corde Valle Youth Golf Foundation Inc
- Assets
- $15.2k
- Revenue
- $118.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Martin, CA
- Founding
- 08/2004
- Data as of
- 12/2023
- EIN
- 20-0956422
Organization Overview
Corde Valle Youth Golf Foundation Inc is located in San Martin, CA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corde Valle Youth Golf Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Corde Valle Youth Golf Foundation Inc generated $118.1k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $103.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corde Valle Youth Golf Foundation Inc has awarded 394 individual grants totaling $897,574. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Rauser Director | 0.25 | $0 | |
James Bariteau Director | 0.25 | $0 | |
Georgie Huff Director | 0.25 | $0 | |
Luca Rutigliano Secretary | 0.25 | $0 | |
Steve Ormsby Treasurer | 0.25 | $0 | |
Jerry Strangis Chairman | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $117,443 |
| Interest on Savings | $700 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,143 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,070 |
| Total operating and administrative expenses | $9,070 |
| Contributions, gifts, grants paid | $94,482 |
| Total expenses and disbursements | $103,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,178 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,178 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Corde Valle Youth Golf Foundation Inc has awarded $94,482 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
ANDREW HILL HIGH SCHOOL BOYS AND GIRLS PURPOSE: PROMOTE YOUTH GOLF | $1,500 |
BRANHAM HS BOYS PURPOSE: PROMOTE YOUTH GOLF | $1,500 |
BRANHAM HS GIRLS PURPOSE: PROMOTE YOUTH GOLF | $1,500 |
CUPERTINO HS CO-ED PURPOSE: PROMOTE YOUTH GOLF | $1,000 |
CHRISTOPHER HIGH SCHOOL BOYS GOLF PURPOSE: PROMOTE YOUTH GOLF | $3,600 |
DEL MAR HS PURPOSE: PROMOTE YOUTH GOLF | $3,000 |