2021-08-13T13:34:34-05:00 2020-09-30 KPMG LLP 301 MAIN STREET SUITE 2150 BATON ROUGE LA 70801 990 2019-10-01 742904514 VALERO ENERGY FOUNDATION % ETHAN A JONES VALE 2103452000 PO BOX 696000 ATTN CORP TAX SAN ANTONIO TX 782696000 STEPHANIE A WERSELL SVP 2103452000 2021-08-13 true RYAN HOOKS P00746825 2253444000 2019 2022-09-23 18:48:47Z LAURA VACCARO PO BOX 696000 ATTN CORPTAX SAN ANTONIO TX 782696000 11417099 false X SEE SCHEDULE O X 1999 TX THE VALERO FOUNDATION COLLABORATES WITH NON-PROFIT PARTNERS ACROSS THE UNITED STATES TO FOSTER IMPROVED QUALITY OF LIFE AND CREATE MEASURABLE IMPACT WHERE UNMET NEEDS EXIST. 4 0 0 34 -16339 32881501 11283130 0 0 2 0 -4722125 -4415153 28159378 6867977 25458721 12599281 0 0 0 0 0 0 419 42697 67552 25501418 12666833 2657960 -5798856 48725253 35151302 22723226 15154851 26002027 19996451 X The Organization's mission is to collaborate with nonprofit partners across the United States to foster improved quality of life and create measurable impact where unmet needs exist in communities. In furtherance of this mission, the Organization will contribute funds generated from fundraising through golf and golf-related activities to its tax-exempt, non-profit partners. false false 12410418 12410418 0 The Valero Energy Foundation raises funds for the purposes of making charitable grants to nonprofit organizations that serve, children, adults and families, with funds being used for COVID relief this past year in the areas of food insecurity and basic needs, virtual education and digital support/laptops to improve access for underserved kids and children living in poverty, child abuse and mental health services, and improved health care services in underserved neighborhoods where Valero Energy has major operations. During the tax year ended September 30, 2020, 470 charities received grants from the Foundation. 192238 188863 0 The SAFE Fund provides assistance to individuals who have a significant charitable need resulting from an unexpected natural disaster such as a hurricane, tornado or flood, or are experiencing a demonstrable financial hardship related to a home fire, serious illness, or death in the family. Grants are available to affected qualifying current and future employees of Valero Energy Corporation. This fiscal year several grants were targeted for Tropical Storm Imelda and Hurricane Laura. During the tax year ended September 30, 2020, 48 individuals received assistance from the SAFE Fund. 12602656 true true false false false false false false false false true false false false false false false false false false true false false false true false false true true true false false false false false false false false false false false false false true false false false true 187 0 true 0 true true false false false false true true false false false false false false X 4 0 true false true false true true false true false false false true true true true true true false false false AL AR CA CT FL GA HI IL KS ME MD MA MI MN NV NH NJ NY NC ND OH OK OR PA RI SC TN TX UT VA WV WI X ETHAN A JONES 2103452000 PO BOX 696000 SAN ANTONIO TX 782696000 X LAURA J VACCARO VP 15.0 40.0 X X 0 507576 69850 TROY F HABY CORPORATE SPONSORSHIP OFFICER 40.0 0.0 X 0 366071 62587 SYLVIA C RODRIGUEZ EXECUTIVE DIRECTOR 35.0 5.0 X X 0 193619 39373 JOSEPH W GORDER CEO/PRESIDENT 3.0 40.0 X X 0 0 0 JOHN L PERRY SVP 5.0 40.0 X X 0 0 0 DONNA M TITZMAN EXECUTIVE VP/CFO 2.0 40.0 X X 0 0 0 JASON W FRASER EXEC VP/CFO 0.5 40.0 X X 0 0 0 JOHN P LOCKE VP 2.0 40.0 X X 0 0 0 J STEPHEN GILBERT SVP/SECRETARY 0.5 40.0 X 0 0 0 STEPHANIE A WERSELL SVP 2.0 40.0 X 0 0 0 ETHAN A JONES ASSISTANT SECRETARY 10.0 40.0 X 0 0 0 CHRISTOPHER J QUINN SVP/TREASURER 0.5 40.0 X 0 0 0 0 1067266 171810 0 false true false WASSERMAN EVENTS LLC One Valero Way SAN ANTONIO TX 78249 SPECIAL EVENT SERVIC 2034485 PARTYTIME HDO PRODUCTIONS INC 6150 W HOWARD ST NILES IL 60714 TENT RENTAL 1342403 TB TOOL AND EQUIPMENT COMPANY INC 13118 LOOKOUT RUN SAN ANTONIO TX 78233 SCAFFOLD/FLOOR RENTA 676928 SPECIAL EVENTS SERVICE RENTAL INC 5747 STAGE RD BARTLETT TN 38134 POWER AND HVAC SERVI 136389 4 8400996 2855502 26632 11283130 0 0 0 0 0 0 0 0 133969 8400996 4549122 -4415153 -16339 -4398814 0 0 0 0 0 0 0 6867977 -16339 -4398814 12410418 12410418 188863 188863 0 0 0 0 0 0 0 0 0 0 62220 62220 0 0 0 4913 3375 1538 0 0 0 0 0 0 0 0 0 0 0 0 CREDIT CARD FEES 419 419 12666833 12602656 63758 419 46149223 30560295 0 0 2295406 2427269 0 0 0 0 0 0 0 0 0 0 32495 1871082 331166 38510 248129 292656 0 0 0 0 0 0 0 0 0 0 48725253 35151302 449635 307777 22269880 12732314 3711 2114760 0 0 0 0 0 0 0 0 0 0 0 0 22723226 15154851 X 20917616 12657213 5084411 7339238 26002027 19996451 48725253 35151302 -5798856 -206720 X false false false X 30872660 31256538 32418777 32641709 11283130 138472814 0 0 30872660 31256538 32418777 32641709 11283130 138472814 75056850 63415964 169896 166850 195395 211208 0 743349 0 0 139216163 0.45552 0.42347 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103576 14238 89338 227590 24272 203318 292656 Europe (Including Iceland and Greenland) 0 0 Fundraising North America 0 0 Fundraising 0 0 0 0 false false false false false false VALERO TX OPEN 3822155 3744586 77569 0 8528 1735129 16910 9424 2585270 BEN FOR CHILDRE 7513450 7457050 56400 0 83665 48839 457 0 1904 1 54862 54862 0 0 2862 0 0 56135 11390467 11256498 133969 0 92193 1786830 17367 9424 2643309 4549123 -4415154 true SEE ATTACHMENT 1 12410418 469 IMMEDIATE NEEDS OF INDIVIDUALS UNDER FINANCIAL HAR 26 36493 IMMEDIATE NEEDS OF VICTIMS OF TROPICAL STORM IMELD 20 143870 IMMEDIATE NEEDS OF VICTIMS OF HURRICANE LAURA 2 8500 Part I, line 2b GRANTS ARE MADE PURSUANT TO THE VALERO ENERGY FOUNDATION MISSION STATEMENT IN FURTHERANCE OF THE CHARITABLE PROGRAMS OF 501(C)(3) OR SIMILAR ORGANIZATIONS. GRANT RECIPIENTS ARE CAREFULLY SELECTED BY VALERO ENERGY FOUNDATION AND ARE SUBJECT TO A PRE-GRANT DUE DILIGENCE PROCESS. IF THE FOUNDATION HAS REASON TO BELIEVE GRANT FUNDS WERE EITHER MISUSED OR DIVERTED FROM CHARITABLE USE, VALERO ENERGY FOUNDATION WOULD CONDUCT AN INVESTIGATION OF THE MATTER. false true true false false false false false false LAURA J VACCARO VP 226714 159008 121854 45499 25318 578393 TROY F HABY CORPORATE SPONSORSHIP OFFICER 200820 104666 60585 47641 13806 427518 SYLVIA C RODRIGUEZ EXECUTIVE DIRECTOR 123784 54864 14971 21022 18351 232992 PART I, LINE 3 THE ORGANIZATION DOES NOT PAY COMPENSATION TO ANY INDIVIDUAL. HOWEVER, THE COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR IS SET AND PAID BY A RELATED ORGANIZATION. COMPENSATION IS SET BY THE RELATED ORGANIZATION'S HUMAN RESOURCE DEPARTMENT USING THIRD-PARTY NATIONAL SURVEY DATA AND BY COMPARING SIMILAR JOBS IN THE EXTERNAL MARKET WHILE TAKING INTO ACCOUNT THE EMPLOYEE'S EXPERIENCE LEVEL. PART I, LINE 4B All officers and directors listed on Part VII are eligible to participate in Valero Energy Corporation's (a related organization) supplemental nonqualified retirement plan. The plan permits eligible employees to defer a portion of their salary and/or bonus until separation (i.e. retirement or termination of employment). Under the plan, each year eligible employees are permitted to elect to defer up to 30 percent of their salary and/or 50 percent of their cash bonuses to be earned for services performed during the following year. All amounts credited under the plan are immediately 100 percent vested. No amounts were distributed to non-volunteer officers or directors in the current year. PART I, LINE 4C All officers and directors listed on Part VII are granted restricted stock in Valero Energy Corporation, a related organization. The restricted stock vests in accordance with individual written agreements between the participants and Valero Energy Corporation. Typically, vesting occurs in equal annual installments over a period of three years, beginning one year after the date of grant. The fair value of each restricted stock share is equal to the market value price of Valero Energy Corporation common stock. Disclosed below are the current year vested amounts for officers and directors who do not serve as volunteers of Valero Energy Foundation. Laura Vaccaro $102,110 Some officers and directors listed on Part VII may also be entitled to receive performance awards from Valero Energy Corporation. Performance awards are issued to certain key employees of Valero Energy Corporation and represent the right to receive shares of common stock upon the achievement of an objective performance measure related to their employment with Valero Energy Corporation. No amounts were awarded to non-volunteer officers or directors during the current year. PART I, LINE 4 & PART VI, SECTION A, LINE 2 ALL OFFICERS AND DIRECTORS OF THE ORGANIZATION HAVE A BUSINESS RELATIONSHIP BECAUSE THEY ARE EMPLOYEES OF THE SAME RELATED, FOR-PROFIT ORGANIZATION. PART VI, SECTION A, LINE 6 VALERO ENERGY CORPORATION IS THE SOLE MEMBER OF THE ORGANIZATION. PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS AND OFFICERS OF THE ORGANIZATION ARE APPOINTED BY THE MEMBER. PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES. PART VI, SECTION B, LINE 11B AFTER REVIEW BY KPMG, LLP, THE FORM 990 IS PRESENTED TO THE VICE PRESIDENT/TAX DIRECTOR. A COPY OF THE FORM 990 IS ALSO PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. PART VI, SECTION B, LINE 12 THE BOARD OF DIRECTORS FOLLOWED A CONFLICT OF INTEREST POLICY. AS REQUIRED BY THE FOUNDATION'S CONFLICT OF INTEREST POLICY, EACH DIRECTOR AND OFFICER MUST DISCLOSE ANY DEEMED CONFLICT. EACH DIRECTOR AND OFFICER MUST ANNUALLY CERTIFY WHETHER THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND HAS COMPLIED WITH THE POLICY. PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT PAY COMPENSATION TO ANY INDIVIDUAL. HOWEVER, THE COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR IS SET AND PAID BY A RELATED ORGANIZATION. COMPENSATION IS SET BY THE RELATED ORGANIZATION'S HUMAN RESOURCE DEPARTMENT USING THIRD-PARTY NATIONAL SURVEY DATA AND BY COMPARING SIMILAR JOBS IN THE EXTERNAL MARKET WHILE TAKING INTO ACCOUNT THE EMPLOYEE'S EXPERIENCE LEVEL. PART VI, SECTION C, LINE 19 THE VALERO ENERGY FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. REQUESTS CAN BE MADE TO: ETHAN A JONES P.O. BOX 696000 SAN ANTONIO, TX 78269-6000 210-345-2000 PART VI, SECTION A, LINE 4 AMENDED AND RESTATED BYLAWS WERE APPROVED BY THE VALERO ENERGY FOUNDATION BOARD SINCE THE PRIOR FORM 990 WAS FILED. THE AMENDED BYLAWS BECAME EFFECTIVE AUGUST 12, 2020. SIGNIFICANT CHANGES INCLUDED ESTABLISHING ADMINISTRATIVE PROCESSES, SUCH AS MEETING FREQUENCY, ESTABLISHING ALLOWABLE OFFICER TITLES AND CLARIFYING RESPONSIBILITIES FOR EACH OFFICE TITLE. OFFICER TENURE WAS REDUCED FROM 2-YEAR TERMS TO A 1-YEAR TERM. PAGE 1, SECTION J ORGANIZATION WEBSITE: HTTP://WWW.VALERO.COM/RESPONSIBILITY/PHILANTHROPY/VALERO-ENERGY-FOUNDATION SEE ATTACHMENT 1 SEE ATTACHMENT 2 false false true false false false false false false false false false true true true true true false false NA