Wayne & Gladys Valley Charitable Foundation
- Assets
- $262.3m
- Revenue
- $36.9m
- Investments
- $230.7m
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 04/1978
- Data as of
- 09/2023
- 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 09/2023, Wayne & Gladys Valley Charitable Foundation generated $36.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $60.5m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wayne & Gladys Valley Charitable Foundation has awarded 331 individual grants totaling $684,378,106. 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 |
|---|---|---|---|
Tamara A Valley Chair/president | 10 | $37,000 | |
Barbara B Lasalle Director | 10 | $37,000 | |
John V Stock Director | 10 | $37,000 | |
Michael D Desler Executive Director | 40 | $413,165 | |
Richard M Kingsland Director/cfo/vice Pres. | 40 | $273,879 | |
Carolyn A Worth Secretary/asst. Vice Pres. | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marcum Llp | 9/29/23 | $87,476 |
Dodge & Cox Incorporated | 9/29/23 | $340,284 |
Cambridge Associates | 9/29/23 | $66,264 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $205,685 |
| Dividends & Interest | $7,829,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,911,267 |
| Capital Gain Net Income | $35,202,300 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,946,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $798,044 |
| Other employee salaries and wages | $56,621 |
| Pension plans, employee benefits | $276,400 |
| Interest | $0 |
| Taxes | $559,139 |
| Depreciation | $888 |
| Occupancy | $166,919 |
| Travel, conferences, and meetings | $10,924 |
| Printing and publications | $995 |
| Other expenses | $98,496 |
| Total operating and administrative expenses | $2,558,733 |
| Contributions, gifts, grants paid | $57,971,000 |
| Total expenses and disbursements | $60,529,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,225,351 |
| 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 | $4,826,454 |
| Net Land, buildings, and equipment | $6,361 |
| Other assets | $1,337,886 |
| Total assets | $262,282,186 |
| Accounts payable and accrued expenses | $211,867 |
| Grants payable | $204,284,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $498,271 |
| Total liabilities | $204,994,138 |
Grants Awarded
Over the last fiscal year, Wayne & Gladys Valley Charitable Foundation has awarded $230,950,786 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
ALAMEDA COUNTY DEPUTY SHERIFF'S ACTIVITY LEAGUE PURPOSE: TOWARDS FITNESS BARK FOR YOUTH AND ADULT SOCCER | $750,000 |
BAY AREA SCORES PURPOSE: EXPANSION OF AFTER SCHOOL PROGRAMS FOR 22-23 SCHOOL YEAR | $50,000 |
BERKELEY CHESS SCHOOL PURPOSE: TOWARDS AN ADA COMPLAINT LIFT SYSTEM FOR THEIR BUILDING | $60,000 |
BERKELEY FOOD AND HOUSING PURPOSE: CHRISTMAS GRANT | $25,000 |
BUCK INSTITUTE FOR RESEARCH ON AGING PURPOSE: 1/3 TOWARDS A SIX-YEAR 'VALLEY FELLOWS FUND' | $1,000,000 |
BUILDING FUTURES WITH WOMEN AND CHILDREN PURPOSE: CHRISTMAS GRANT | $25,000 |