Valeo Foundation Inc
- Assets
- $374.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 11/2008
- Data as of
- 06/2021
- EIN
- 20-5077399
Organization Overview
Valeo Foundation Inc is located in Carmel, IN. The organization was established in 2008. 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. Valeo 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 06/2021, Valeo Foundation Inc generated $56.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (40.0%) each year. All expenses for the organization totaled $32.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WILL MAKE GRANTS OR GIFTS TO OTHER CHARITABLE ORGANIZATIONS. APPLICATIONS ARE ACCEPTED AT ANY TIME. THE GIFTS WHICH WILL BE MADE WILL GENERALLY BE MADE TO OTHER CHARITABLE ORGANIZATIONS LOCATED IN CENTRAL INDIANA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Trott Director | 1 | $0 | |
John T Wortman Director | 1 | $0 | |
P Richard Evans Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,609 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,844 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,453 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $32,436 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $374,612 |
| Other assets | $0 |
| Total assets | $374,612 |
| Total liabilities | $0 |
| Net assets or fund balances | $374,612 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Valeo Foundation Inc has recieved totaling $135,000.
| Awarding Organization | Amount |
|---|---|
Hamilton County Community Foundation Inc Fishers, IN PURPOSE: General Operating | $110,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $12,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Sunshine Charitable Foundation Libertyville, IL | $0 | $4,219,972 |
Tracy Family Foundation Mt Sterling, IL | $19,754,710 | $6,714,098 |
Chicagobeyond Inc Chicago, IL | $1,837,444 | $0 |
Conduit Foundation Chicago, IL | $3,365,161 | $7,119,515 |
Anahata Foundation Chicago, IL | $150,849,919 | $3,685,553 |
Melitta S And Joan M Pick Charitable Trust Milwaukee, WI | $69,688,567 | $15,533,257 |
Chicago Foundation For Women Chicago, IL | $20,116,109 | $10,062,657 |