Valley Foundation
- Assets
- $75.3m
- Revenue
- $7.7m
- Investments
- $75.2m
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 06/1989
- Data as of
- 09/2021
- EIN
- 94-1584547
Organization Overview
Valley Foundation is located in San Jose, CA. The organization was established in 1989. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley 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 09/2021, Valley Foundation generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $3.9m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Valley Foundation has awarded 152 individual grants totaling $20,690,448. 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 |
|---|---|---|---|
Phillip R Boyce Chairman | 4 | $16,000 | |
Robert A Lee Secretary | 4 | $16,000 | |
Dr Richard Sieve Vice Chairman And Treasurer | 4 | $16,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Saratoga Rim | 9/29/21 | $161,136 |
Vaughan Nelson | 9/29/21 | $50,663 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,252 |
| Dividends & Interest | $1,468,287 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,743,753 |
| Capital Gain Net Income | $6,743,753 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$509,922 |
| Total Revenue | $7,719,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $203,551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,291 |
| Total operating and administrative expenses | $581,202 |
| Contributions, gifts, grants paid | $3,300,008 |
| Total expenses and disbursements | $3,881,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,801 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $13,947 |
| 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 | $125,047 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,078,413 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $75,319,298 |
| Accounts payable and accrued expenses | $901 |
| 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 | $252,000 |
| Total liabilities | $252,901 |
Grants Awarded
Over the last fiscal year, Valley Foundation has awarded $3,300,008 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SCHWAB CHARITABLE DONOR-ADVISED FUND PURPOSE: GRANT TO PROMOTE THE ORGANIZATION'S CHARITABLE ACTIVITIES | $2,500,008 |
Phoenix, AZ PURPOSE: GRANT TO PROMOTE THE ORGANIZATION'S CHARITABLE ACTIVITIES | $500,000 |
MONTALVO ARTS CENTER PURPOSE: GRANT TO PROMOTE THE ORGANIZATION'S CHARITABLE ACTIVITIES | $250,000 |
SAINT FRANCIS EPISCOPAL CHURCH OF WILLOW GLEN PURPOSE: GRANT TO PROMOTE THE ORGANIZATION'S CHARITABLE ACTIVITIES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berkeley Food And Housing Project Berkeley, CA | $7,900,684 | $21,326,193 |
Share Our Selves Corporation Costa Mesa, CA | $13,161,484 | $22,056,781 |
Sunnyvale Community Services Sunnyvale, CA | $29,619,187 | $14,030,633 |
Community Services Agency Mountain View, CA | $11,484,869 | $8,235,687 |
Nourishphx Phoenix, AZ | $2,191,792 | $7,784,112 |
Ritter Center San Rafael, CA | $5,905,734 | $8,335,451 |
Palo Alto Partners In Education Palo Alto, CA | $369,331 | $5,391,547 |
Tri City Volunteers Inc Fremont, CA | $1,100,335 | $5,260,613 |
Las Vegas Rescue Mission Las Vegas, NV | $10,258,184 | $5,827,768 |
Community Sharing Program Cottage Grove, OR | $1,172,872 | $4,294,366 |
Valley Foundation San Jose, CA | $75,319,298 | $7,719,370 |
Snow Cap Community Charites Fairview, OR | $6,428,689 | $4,080,561 |