Wayne & Gladys Valley Charitable Foundation
- Assets
- $270.7m
- Revenue
- $3.7m
- Investments
- $262.0m
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 04/1978
- Data as of
- 09/2022
- EIN
- 95-3203014
Organization Overview
Wayne & Gladys Valley Charitable Foundation is located in Oakland, CA. The organization was established in 1978. 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. Wayne & Gladys Valley 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 09/2022, Wayne & Gladys Valley Charitable Foundation generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $42.6m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wayne & Gladys Valley Charitable Foundation has awarded 236 individual grants totaling $453,427,320. 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 |
|---|---|---|---|
Michael D Desler Executive Director | 40 | $398,536 | |
Richard M Kingsland Director/cfo/vice Pres. | 40 | $273,879 | |
Carolyn A Worth Secretary/asst. Vice Pres. | 40 | $97,861 | |
Tamara A Valley Chair/president | 10 | $37,000 | |
Barbara B Lasalle Director | 10 | $37,000 | |
John V Stock Director | 10 | $37,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dodge & Cox Incorporated | 9/29/22 | $383,420 |
Cambridge Associates | 9/29/22 | $80,813 |
Marcum Llp | 9/29/22 | $62,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $68,611 |
| Dividends & Interest | $5,480,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,141,788 |
| Capital Gain Net Income | $6,736,843 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $298,742 |
| Total Revenue | $3,705,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $881,276 |
| Other employee salaries and wages | $50,192 |
| Pension plans, employee benefits | $309,785 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $362 |
| Occupancy | $147,778 |
| Travel, conferences, and meetings | $7,215 |
| Printing and publications | $428 |
| Other expenses | $100,936 |
| Total operating and administrative expenses | $2,070,381 |
| Contributions, gifts, grants paid | $40,485,952 |
| Total expenses and disbursements | $42,556,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,591,010 |
| 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 | $2,894,509 |
| Net Land, buildings, and equipment | $181 |
| Other assets | $1,179,954 |
| Total assets | $270,742,115 |
| Accounts payable and accrued expenses | $155,944 |
| Grants payable | $176,052,286 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $139,450 |
| Total liabilities | $176,347,680 |
Grants Awarded
Over the last fiscal year, Wayne & Gladys Valley Charitable Foundation has awarded $205,340,953 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON STATE UNIVERSITY FOUNDATION PURPOSE: PHASE I OF THE RENOVATION AND EXPANSION OF THE P. WAYNE VALLEY SPORTS LEADERSHIP CENTER | $52,500,000 |
UC DAVIS FOUNDATION PURPOSE: CONSTRUCTION OF THE ALL SPECIES IMAGING CENTER AND THE EQUIRE PERFORMANCE CENTER | $45,000,000 |
Hayward, CA PURPOSE: CONSTRUCTION OF THE APPLIED SCIENCES CENTER | $15,000,000 |
BISHOP O'DOWD HIGH SCHOOL PURPOSE: CONSTRUCTION OF A NEW ATHLETIC CENTER | $13,333,334 |
San Jose, CA PURPOSE: GENERAL SUPPORT | $12,000,000 |
La Jolla, CA PURPOSE: GENERAL SUPPORT | $10,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |