The Valley Foundation

Organization Overview

The Valley Foundation is located in Huntsville, AL. The organization was established in 1976. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 09/2021, Valley Foundation employed 35 individuals. 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 $12.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $10.1m during the year ending 09/2021. While expenses have increased by 6.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROVIDES ASSISTANCE TO THE UNIVERSITY OF ALABAMA AT BIRMINGHAM FOR ITS MEDICAL EDUCATION, TRAINING, AND RESEARCH PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PATIENT CARE SERVICES. PATIENT ENCOUNTERS THIS YEAR WERE 72,067.


SUPPORT TO THE UNIVERSITY OF ALABAMA AT BIRMINGHAM. THE VALLEY FOUNDATION PROVIDES THE UNIVERSITY OF ALABAMA BIRMINGHAM'S HUNTSVILLE REGIONAL MEDICAL CAMPUS ACCESS TO PATIENTS AND MEDICAL SERVICES TO FACILITATE THE CLINICAL TRAINING NECESSARY TO MEET EDUCATIONAL REQUIREMENTS FOR THIRD AND FOURTH YEAR MEDICAL STUDENTS, INTERNAL AND FAMILY MEDICINE RESIDENTS. TRAINING WAS PROVIDED FOR 59 RESIDENTS AND 66 MEDICAL STUDENTS.


CONTRACTED CLINICAL SERVICES PROVIDED AT A LOCAL NURSING HOME, THE MADISON COUNTY MENTAL HEALTH CENTER, HOSPICE, ALETHEIA HOUSE, COUNTY JAIL, HUNTSVILLE HOSPITAL, & THRIVE ALABAMA.


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Board, Officers & Key Employees

Name (title)Compensation
Mr W Scott Bence
Secretary/treasurer
$343,509
Mr Roger Smalligan
President / CEO
$337,559
Dr Alan Baggett
Physician
$292,631
Mr John Fanning
Board Member
$181,179
Dr Farrah Ibrahim
Physician
$181,179
Dr Parekha Yedla
Physician
$168,692

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$10,933,122
Investment income $309,098
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $381,435
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,088,655

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Valley Foundation has recieved totaling $11,000.

Awarding OrganizationAmount
Community Foundation Of Greater Huntsville

Huntsville, AL

PURPOSE: PHILANTHROPY

$10,000
The Beard-Young Family Foundation

Huntsville, AL

PURPOSE: CHARITABLE DONATION

$1,000
View Grant Recipient Profile

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