VALLEY FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
VALLEY FOUNDATION INC (EIN 13-6167197)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-06-12
IRS object ID
202601649349100100
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-06-12T22:45:23-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN942370906PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SENSIBA LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12700 CAMINO RAMON SUITE 140AddressLine1Txt
CitySAN RAMONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94583ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136167197EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALLEY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVALLBusinessNameControlTxt
Phone5402199132PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line112384 MERRIEWOOD DRAddressLine1Txt
CitySOMERSETCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22972ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROL MALONEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5402199132PhoneNum
Signature2026-06-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonELEDUVINA LOPEZPreparerPersonNm
PTINP01425362PTIN
Phone9252718700PhoneNum
Preparation2026-06-09PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$5,891DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,891DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$481,942NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$633,620GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$481,942CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$487,833TotalRevAndExpnssAmt
Total Net Invst Incm$487,833TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$5,511LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$1,225LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$4,286LegalFeesDsbrsChrtblAmt
Taxes Rev And Expnss$152TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$61TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$5OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$5OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,668TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,225TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$4,352TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$658,502ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$658,502ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$664,170TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,225TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$662,854TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$176,337ExcessRevenueOverExpensesAmt
Net Investment Income$486,608NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$29,891CashBOYAmt
Corporate Stock BOY$146,446CorporateStockBOYAmt
Corporate Stock EOY$0CorporateStockEOYAmt
Corporate Stock EOYFMV$0CorporateStockEOYFMVAmt
Total Assets BOY$176,337TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$498,686AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$498,686AdditionalPaidInCapitalEOYAmt
Retained Earning BOY-$322,349RetainedEarningBOYAmt
Retained Earning EOY-$498,686RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$176,337TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$176,337TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$0TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$176,337TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$176,337ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$0SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$0TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
VANGUARD 500 INDEX FUNDP2025-01-012025-12-10$7,852$3,248$4,604$4,604
VANGUARD 500 INDEX FUNDP2020-01-012025-12-10$164,246$67,933$96,313$96,313
VANGUARD 500 INDEX FUNDP2020-01-012025-10-09$15,000$2,678$12,322$12,322
VANGUARD 500 INDEX FUNDP2020-01-012025-10-20$5,000$892$4,108$4,108
VANGUARD 500 INDEX FUNDP2020-01-012025-12-10$441,522$76,927$364,595$364,595
FieldValueIRS element (for citing)
Capital Gain Net Income$481,942CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,764InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$6,764SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$6,764TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$7,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$7,000TotalPaymentsAndCreditsAmt
Es Penalty$5EsPenaltyAmt
Overpayment$231OverpaymentAmt
Applied To ES Tax$0AppliedToESTaxAmt
Refund$231RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (1)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJAMES COLLINSIndividualWithBooksNm
Phone5402199132PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line112384 MERRIEWOOD DRAddressLine1Txt
CitySOMERSETCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22972ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CAROL MALONE
31 EAST 79TH STREET APT 5ENEW YORKNY10075PRESIDENT1.00$0$0$0
BRADLEY COLLINS DECEASED
1021 PARK AVENUE APT 4CNEW YORKNY10028TREASURER1.00$0$0$0
JAMES COLLINS
12384 MERRIEWOOD DRSOMERSETVA22972SECRETARY1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$560,466AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$27,353AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$587,819TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$587,819AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,817CashDeemedCharitableAmt
Net Vl Noncharitable Assets$579,002NetVlNoncharitableAssetsAmt
Minimum Investment Return$28,950MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$28,950MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,764TaxBasedOnInvestmentIncomeAmt
Total Tax$6,764TotalTaxAmt
Distributable Before Adj$22,186DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$22,186DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$22,186DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$662,854ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$662,854QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$22,186DistributableAsAdjustedAmt
Undistributed Income PY$17,387UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$662,854QualifyingDistributionsAmt
Applied To Year1$17,387AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$22,186AppliedToCurrentYearAmt
Remaining Distri From Corpus$623,281RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$623,281TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$623,281ExcessDistriCyovToNextYrAmt
Excess From Current Year$623,281ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
WTJU
PO BOX 400811CHARLOTTESVILLEVA22904NONENCUNRESTRICTED$5,900
ST JAMES EPISCOPAL CHURCH
865 MADISON AVENEW YORKNY10021NONENCUNRESTRICTED$1,900
PHILLIPS ACADEMY ANDOVER
180 MAIN STREETANDOVERMA01810NONENCUNRESTRICTED$2,000
SEVEN WEST FORTY THIRD STREET FOUNDATION INC
7 WEST 43RD STNEW YORKNY10036NONENCUNRESTRICTED$2,000
HENRY L FERGUSON MUSEUM
1109 EQUESTRIAN AVE 554FISHERS ISLANDNY06390NONENCFOR FISHERS ISLAND LAND PURCHASE$5,000
564 PARK AVENUE PRESERVATION FOUNDATION
564 PARK AVENUENEW YORKNY10065NONENCUNRESTRICTED$500
CHILDREN'S INSTITUTE INC
2121 WEST TEMPLE STREETLOS ANGELESCA90026NONENCUNRESTRICTED$400
VALLEY CHARITABLE TRUST
7234 LANCASTER PIKE SUITE 300HOCKESSINDE19707NONENCUNRESTRICTED$640,302
SEARCH AND CARE INC
207 E 94TH STNEW YORKNY10128NONENCUNRESTRICTED$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$658,502TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,891ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$481,942ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$487,833ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$487,833TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Dissolution Stmt DissolutionStmt

Dissolution Information DissolutionInformationGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALLEY CHARITABLE TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O BTC 7234 LANCASTER PIKE SUITE 3AddressLine1Txt
CityHOCKESSINCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19707ZIPCd
FieldValueIRS element (for citing)
Short ExplanationCASH DISTRIBUTIONShortExplanationTxt
Dissolution$640,302DissolutionAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierGENERAL INSTRUCTION T : LIQUIDATION AND DISSOLUTION STATEMENTIdentifierTxt
Form And Line Reference990PF,LINE 5, GENERAL INSTRUCTION TFormAndLineReferenceDesc
Medium ExplanationVALLEY FOUNDATION, INC. (THE "CORPORATION") WAS LIQUIDATED AND DISSOLVED UNDER FLORIDA LAW PURSUANT TO A PLAN OF LIQUIDATION AND DISSOLUTION ADOPTED BY WRITTEN CONSENT OF THE MEMBERS. AFTER PAYMENT OF, OR PROVISION FOR, ALL KNOWN LIABILITIES OF THE CORPORATION, INCLUDING OUTSTANDING CHARITABLE GRANT CHECKS NOT YET CLEARED, ALL OF THE CORPORATION'S REMAINING ASSETS, WITH AN APPROXIMATE AGGREGATE VALUE OF $640,302, WERE DISTRIBUTED IN KIND OR IN CASH TO VALLEY CHARITABLE TRUST, A CHARITABLE TRUST MAINTAINED BY BRANDYWINE TRUST COMPANY, TO BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES CONSISTENT WITH THOSE OF THE CORPORATION. NO DISTRIBUTIONS WERE MADE TO INSIDERS OR TO ANY NON-CHARITABLE PARTIES IN CONNECTION WITH THE LIQUIDATION AND DISSOLUTION. THE FINAL DISTRIBUTION OF ASSETS AND DISSOLUTION OCCURRED ON DECEMBER 31, 2025.MediumExplanationTxt

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationLIQUIDATION AND DISSOLUTION STATEMENT VALLEY FOUNDATION, INC. TAX YEAR ENDED DECEMBER, 2025 VALLEY FOUNDATION, INC. (THE "CORPORATION") WAS LIQUIDATED AND DISSOLVED UNDER FLORIDA LAW PURSUANT TO A PLAN OF LIQUIDATION AND DISSOLUTION ADOPTED BY WRITTEN CONSENT OF THE MEMBERS. AFTER PAYMENT OF, OR PROVISION FOR, ALL KNOWN LIABILITIES OF THE CORPORATION, INCLUDING OUTSTANDING CHARITABLE GRANT CHECKS NOT YET CLEARED, ALL OF THE CORPORATION'S REMAINING ASSETS, WITH AN APPROXIMATE AGGREGATE VALUE OF $640,302, WERE DISTRIBUTED IN KIND OR IN CASH TO VALLEY CHARITABLE TRUST, A CHARITABLE TRUST MAINTAINED BY BRANDYWINE TRUST COMPANY, TO BE USED EXCLUSIVELY FOR CHARITABLE PURPOSES CONSISTENT WITH THOSE OF THE CORPORATION. NO DISTRIBUTIONS WERE MADE TO INSIDERS OR TO ANY NON-CHARITABLE PARTIES IN CONNECTION WITH THE LIQUIDATION AND DISSOLUTION. THE FINAL DISTRIBUTION OF ASSETS AND DISSOLUTION OCCURRED ON DECEMBER 31, 2025.ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (2 entries)

CategoryCategoryTxtLegal FeesLegalFeesAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SHUTTS & BOWEN$3,061$0$3,061
P&L ACCOUTNING SERVICES INC$2,450$1,225$1,225

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Revenue And Expenses Per Books$5RevenueAndExpensesPerBooksAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$5DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
990 PF 2024 BALANCE DUE$91$0$0
FLORIDA DEPT OF STATE$61$0$61

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