Three Valleys Community Foundation
- Assets
- $1.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 1
- Location
- Pleasanton, CA
- Founding
- Data as of
- 03/2023
- EIN
- 87-1782380
Organization Overview
Three Valleys Community Foundation is located in Pleasanton, CA. According to its NTEE Classification (T31) the organization is classified as: Community 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. Three Valleys Community 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 03/2023, Three Valleys Community Foundation generated $1.9m in total revenue. All expenses for the organization totaled $527.5k during the year ending 03/2023. While expenses have increased by 106.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Three Valleys Community Foundation has awarded 13 individual grants totaling $336,203. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THREE VALLEYS COMMUNITY FOUNDATION'S MISSION IS TO STRENGTHEN THE TRI VALLEY REGION THROUGH INCLUSIVE LEADERSHIP, THOUGHTFUL FUNDING, INFORMED GIVING, AND COLLABORATIVE ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
3VCF PROVIDES DIRECT SUPPORT TO COMMUNITY ORGANIZATIONS. THREE VALLEY COMMUNITY FOUNDATION CONTINUED TO PROVIDE STRONG DONOR ENGAGEMENT, NONPROFIT CONNECTIONS AND COMMUNITY GRANTMAKING OPPORTUNITIES IN THE 2022/2023 TIMEFRAME. EXAMPLES INCLUDE: ONGOING FISCAL SUPPORT FOR THE WE ARE PLEASANTON COMMUNITY GROUP. 3VCF WORKED CLOSELY WITH THIS GRASSROOTS ORGANIZATION TO HELP SECURE MORE THAN $225,000 IN LOCAL DONATIONS FOR CAPITAL IMPROVEMENTS AT FOOTHILL HIGH SCHOOL IN PLEASANTON. ONGOING FISCAL SUPPORT FOR THE DANVILLE YOUTH MENTAL HEALTH OUTREACH INITIATIVE, LAUNCHED IN FALL 2022 TO SUPPORT ORGANIZATIONS ADDRESSING YOUTH MENTAL HEALTH ISSUES. ONGOING FISCAL SUPPORT FOR STORIES FROM PLEASANTON'S PAST: POWERING THE FUTURE, LAUNCHED BY LOCAL COMMUNITY LEADERS TO SUPPORT THE AMADOR VALLEY HIGH SCHOOL JOURNALISM PROGRAM. IN RESPONSE TO THE UNPRECEDENTED LOCAL FLOODS IN THE GREATER SUNOL AREA, 3VCF LAUNCHED AN EMERGENCY FUND - THE SUNOL RELIEF AND RECOVERY FUND, RAISING MORE THAN $25,000 IN DONATIONS AND GRANTS TO ASSIST LOCAL REBUILDING EFFORTS. 3VCF CONTINUED MANAGEMENT OF THE PLEASANTON WEEKLY HOLIDAY FUND, RAISING MORE THAN $83,000 FOR TEN LOCAL NONPROFIT ORGANIZATION. AS PART OF 3VCF'S COMMITMENT TO THE COMMUNITY, DIRECT FUND EXPENSES FOR EACH OF THESE CAMPAIGNS WAS ABSORBED BY THE ORGANIZATION SO THAT 100 PERCENT OF ALL INDIVIDUAL DONATIONS COULD GO DIRECTLY TO THE CAUSE. IN ADDITION, 77 UNIQUE DONORS, CORPORATIONS AND GOVERNMENT ENTITIES CONTRIBUTED TO 3VCF'S UNRESTRICTED 'FOUNDING CHAMPION' FUND TO PROVIDE ADDITIONAL SUPPORT FOR ADMINISTRATIVE AND ORGANIZATIONAL EXPENSES.
IN ADDITION TO THE COMMUNITY GRANTMAKING IDENTIFIED ABOVE, 3VCF PARTNERS ON SEVERAL PRIVATE DONOR ADVISED FUNDS (DAFS) THESE INDIVIDUAL FUNDS PROVIDE DONORS WITH THE ABILITY TO SUPPORT LOCAL INTERESTS AND QUALIFIED NON-PROFIT ORGANIZATIONS. 3VCF PROVIDES THE DUE-DILIGENCE OVERSITE REQUIRED WITH THE FUND DISTRIBUTIONS, EVEN INCUBATION SERVICES TO TECHNOLOGY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sensiba Board Chairman | OfficerTrustee | 1 | $0 |
Susan M Houghton Director/ Secretary | OfficerTrustee | 1 | $0 |
Patrick O'brien Treasurer/ CFO | OfficerTrustee | 1 | $0 |
Kenneth G Cooper Director | Trustee | 0.5 | $0 |
Jiexing Margaret Liang Director | Trustee | 0.5 | $0 |
Christine Wente Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,659,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,809,283 |
| Total Program Service Revenue | $0 |
| Investment income | $18,736 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,854,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $265,394 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,330 |
| Compensation of current officers, directors, key employees. | $81,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,087 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,603 |
| Fees for services: Accounting | $29,231 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,630 |
| Advertising and promotion | $1,325 |
| Office expenses | $2,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,153 |
| All other expenses | $0 |
| Total functional expenses | $527,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,159 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $99,999 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,205,635 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,521,793 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,394,074 |
| Net assets with donor restrictions | $127,719 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,521,793 |
Grants Awarded
Over the last fiscal year, Three Valleys Community Foundation has awarded $256,203 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PLEASANTON PARTNERS IN EDUCATION PURPOSE: TO SUPPORT THE ORGANIZATION | $225,679 |
CITY OF PLEASANTON PURPOSE: TO SUPPORT THE ORGANIZATION | $6,500 |
COUNTY OF ALAMEDA PURPOSE: TO SUPPORT THE ORGANIZATION | $5,617 |
ROTARY CLUB OF PLEASANTON PURPOSE: TO SUPPORT THE ORGANIZATION | $12,665 |
ROTARY DAF PURPOSE: TO SUPPORT THE ORGANIZATION | $5,742 |