Valley Fund Charitable Foundation
- Assets
- $82.3m
- Revenue
- $7.1m
- Investments
- $72.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 46-1211777
Organization Overview
Valley Fund Charitable Foundation is located in Wilmington, DE. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Valley Fund Charitable Foundation 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 12/2022, Valley Fund Charitable Foundation generated $7.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Valley Fund Charitable Foundation has awarded 41 individual grants totaling $7,501,760. 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 |
|---|---|---|---|
Christopher S Brooks Dir, Pres, Sec, Treas | 1 | $0 | |
Michael Jennings Dir, Pres, Sec, Treas | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/22 | $123,818 |
Ubs Financial Services | 12/30/22 | $76,104 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,899,999 |
| Interest on Savings | $131,841 |
| Dividends & Interest | $523,164 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,311 |
| Capital Gain Net Income | $75,311 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $512,016 |
| Total Revenue | $7,142,331 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,974 |
| Taxes | $30,531 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $146,356 |
| Total operating and administrative expenses | $257,965 |
| Contributions, gifts, grants paid | $2,983,000 |
| Total expenses and disbursements | $3,240,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,621,651 |
| 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 | $186,402 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,744,179 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $82,254,861 |
| 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, Valley Fund Charitable Foundation has awarded $2,983,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BOYERS POND-SHEKINAH MINISTRIES-ANGELS OF EAST AFR PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
CINCINNATI COUNTRY DAY SCHOOL PURPOSE: ANNUAL FUND | $25,000 |
CORPORATION OF HAVERFORD COLLEGE PURPOSE: GENERAL & UNRESTRICTED | $106,000 |
FOODCHAIN PURPOSE: TEAM EASTERN KENTUCKY FLOOD RELIEF FUND | $15,000 |
GLEAN KENTUCKY INC PURPOSE: GENERAL & UNRESTRICTED | $15,000 |
EARTHWATCH INSTITUTE INC PURPOSE: GENERAL & UNRESTRICTED | $25,000 |