Valley Baptist Legacy Foundation
- Assets
- $0.0
- Revenue
- $14.6m
- Investments
- $403.6m
- Employees
- 0
- Location
- Harlingen, TX
- Founding
- 08/1976
- Data as of
- 12/2020
- EIN
- 74-1936869
Organization Overview
Valley Baptist Legacy Foundation is located in Harlingen, TX. The organization was established in 1976. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Baptist Legacy 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 12/2020, Valley Baptist Legacy Foundation generated $14.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (60.7%) each year. All expenses for the organization totaled $48.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Valley Baptist Legacy Foundation has awarded 202 individual grants totaling $84,854,407. 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 |
|---|---|---|---|
Judy Quisenberry Executive Director | 40 | $208,652 | |
Kimberly Anderson Finance Director | 40 | $180,655 | |
Alberto Espinoza Eval Specialist | 40 | $84,296 | |
Evelyn Castilleja Garza Grants Specialist | 40 | $78,454 | |
Juanita Reyes - Almanza Accountant & Hr Prof | 30 | $59,604 | |
Bernadette Perez Grants Assistant | 40 | $58,719 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ubs Financial Services Inc | 12/30/21 | $175,683 |
Bank Of America Private Bank | 12/30/21 | $999,210 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $731,242 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,189,587 |
| Profit on Inventory Sales | $0 |
| Other Income | $27,115 |
| Total Revenue | $14,611,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $373,690 |
| Pension plans, employee benefits | $103,838 |
| Depreciation | $29,708 |
| Occupancy | $30,282 |
| Travel, conferences, and meetings | $15,659 |
| Printing and publications | $2,598 |
| Total operating and administrative expenses | $2,484,566 |
| Contributions, gifts, grants paid | $45,999,759 |
| Total expenses and disbursements | $48,484,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,684 |
| Investments—mortgage loans | $0 |
| Investments—other | $41,695,761 |
| Other assets | $11,582,922 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,228,237 |
Grants Awarded
Over the last fiscal year, Valley Baptist Legacy Foundation has awarded $22,011,718 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
UTRGV - THRIVE PURPOSE: CHARITABLE | $14,562,500 |
Edinburg, TX PURPOSE: CHARITABLE | $500,000 |
UTHSC - HOUSTON PURPOSE: CHARITABLE | $496,810 |
CITY OF LOS FRESNOS PURPOSE: CHARITABLE | $384,025 |
SYRACUSE UNIVERSITY PURPOSE: CHARITABLE | $333,623 |
Brownsville, TX PURPOSE: CHARITABLE | $316,947 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Baptist Legacy Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Rollins M And Amalie L Koppel Foundation San Antonio, TX PURPOSE: PRINTED MATERIAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Methodist Healthcare Ministries Of South Texas Inc San Antonio, TX | $1,649,903,020 | $330,118,946 |
Dallas Safety Net Support Corporation Dallas, TX | $4,237,418 | $77,320,079 |
Baylor Health Care System Foundation Dallas, TX | $467,606,696 | $53,895,442 |
Valley Baptist Legacy Foundation Harlingen, TX | $0 | $14,611,699 |
Scott & White Healthcare Foundation Dallas, TX | $180,193,020 | $21,935,084 |
Arkansas Childrens Foundation Little Rock, AR | $506,772,026 | $131,995,512 |
Parkland Foundation Dallas, TX | $33,444,460 | $13,500,351 |
Service Organization Of West Texas Lubbock, TX | $5,121,013 | $34,116,790 |
Service Organization Of North Texas Lubbock, TX | $2,347,817 | $21,268,111 |
Swla Center For Health Services Lake Charles, LA | $23,169,398 | $25,064,227 |
Service Organization Of The Piney Woods Lubbock, TX | $125,455 | $15,876,016 |
Cyberspace Innovation Center Incoporated Bossier City, LA | $14,331,496 | $17,560,867 |