2017-04-19T14:05:57-07:00 2016-06-30 WILLIAMS & OLDS CPAS 900 UNIVERSITY AVENUE SUITE 100 SACRAMENTO CA 958256737 990 2015-07-01 680283878 Central Valley Foundation CENT 9169799166 1900 Point West Way Sacramento CA 95815 Stephen Boutin Chairman 2017-04-17 true Steven J Olds CPA P01343979 9168581680 2015 2021-01-29 14:40:06Z Stephen Boutin 2255 Watt Avenue Suite 375 Sacramento CA 95825 2666679 false false X centralvalleyfoundation.org X 1993 CA The Foundation supports educational programs for English Language Learners in pre-K through grade 12 in public schools located in the Central Valley of California, programs that support the First Amendment and programs which preserve the quality of life in the Central Valley of California. 7 7 3 0 0 0 2539556 2656658 432 10021 2539988 2666679 1181101 1434285 0 251123 270991 0 0 290624 271383 1722848 1976659 817140 690020 50128385 48365618 339467 270652 49788918 48094966 The Foundation supports educational programs for English Language Learners in pre-K through grade 12 in public schools located in the Central Valley of California, programs that support the First Amendment and programs which preserve the quality of life in the Central Valley of California. false false 1899245 1434285 The Foundation made educational grants to seven public unified school districts in the Central Valley of California as well as two community foundations, a university to sponsor a First Amendment Program and a scholarship program, and two First Amendment rights organizations during the year ended June 30, 2016. 1899245 true false false false false false false false false true true false false false false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false true 15 0 true 3 true false false false false false false false false 0 false false false false false false false false false false X 7 7 false false false false false true false true true false false true true true true true false true false false CA X Lauren Wolkov 9169799166 1900 Point West Way Suite 261 Sacramento CA 95815 Rafael Solis Director 1.00 0.00 X 3000 0 0 Stephen Boutin Chairman 2.50 0.00 X X 3000 0 0 Joan E Eaton Secretary 1.00 0.00 X X 3000 0 0 Susan B McClatchy Vice Chair 2.50 0.00 X X 0 0 0 Juan Arambula Director 1.00 0.00 X 2000 0 0 Alex Brown Treasurer 1.00 0.00 X X 3000 0 0 Maggie Carrillo Mejia Director 1.00 0.00 X 3000 0 0 Lauren Wolkov Executive Dir. 20.00 0.00 X 80000 0 0 97000 0 false false false Bingham Osborn 345 California Street Suite 1100 San Francisco CA 94104 Investment managem't 143351 1 0 0 1674047 1674047 0 0 0 982611 982611 982611 982611 0 0 0 Miscellaneous 900099 10021 10021 10021 2666679 2666679 1434285 1434285 0 0 0 97000 78201 18799 0 147635 118875 28760 8512 5958 2554 0 17844 14572 3272 0 1704 1363 341 15747 11476 4271 0 0 105043 101047 3996 21104 15562 5542 0 0 2680 2144 536 0 14231 11385 2846 1207 1126 81 0 13869 13138 731 0 0 751 376 375 7205 5766 1439 Evaluation and research 67583 67583 Telephone 16184 13322 2862 Supplies 2904 2131 773 Fees and Registration 696 541 155 475 394 81 1976659 1899245 77414 0 0 61983 66942 0 0 0 0 0 0 6206 5532 8460 7191 1369 1269 50057559 48264707 0 0 0 1268 27168 50128385 48365618 70432 20092 269035 250560 339467 270652 X 46834499 45231028 2954419 2863938 49788918 48094966 50128385 48365618 690020 -2383972 X false true X true false X X 2 Sacramento Region Community Fdn 942891517 8 false 20000 0 Central Valley Community Foundation 770478025 7 false 22000 0 2 42000 0 true false false false false true false false false false false false false false false true false Part IV, Section A, Line 3b: Description Of When and How Organization Made The Determination The Foundation obtained copies of the IRS Determination Letters. Part IV, Section A, Line 3c: Explain What Controls The Organization Put In Place The Foundation ensures grants are used exclusively for Section 170(c)(2)(B) purposes by requiring progress reports and final reports in which the supported organizations must provide the uses for the funds received. Part IV, Section A, Line 6: Description Of Grants Or Provided Benefits To Others The Foundation provides funding to schools and school districts within the Central Valley of California in support of educational programs for pre-K through grade 12 English Language Learners; first amendment programs; as well as, other programs which preserve quality of life. 2954419 18212 105000 3693 2863938 2910400 53574 9555 2954419 2482624 419811 7965 2910400 2240098 297142 59047 4431 2482624 1906928 80588 292783 42375 2174 2240098 1.00000 false false false 6786 6088 698 1674 1103 571 1269 X 177664 -2383972 -2383972 2561636 105043 105043 2666679 1871616 1871616 105043 105043 1976659 Part X : FIN48 Footnote Uncertainty in Income Taxes: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Foundation to report information regarding its exposure to various tax positions taken. The Foundation has determined whether any tax positions have met the recognition threshold and have measured the exposure to those tax positions. Management believes that the Foundation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to the Foundation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements. true Arte Americas 1630 Van Ness Fresno CA 93721 770151198 30000 0 Mural Project Central Valley Community Foun 5260 N Palm Ave Ste 122 Fresno CA 93704 770478025 22000 0 Support of First Amendment Coalinga-Huron Joint USD 149 Adams Street Coalinga CA 93210 770559741 158232 0 ELL Programs Committee Protect Journalists 330 7th Avenue 11th Floor New York NY 10001 133081500 20000 0 General support. Cutler-Orosi Joint Unified 12623 Avenue 416 Orosi CA 93647 770565326 243853 0 ELL Programs First Amendment Coalition 534 4th St Suite B San Rafael CA 94901 330308483 20000 0 Support of First Amendment. Fresno Art Museum 2233 N First Street Fresno CA 93703 941358318 75000 0 Frida Kahlo Exhibit Galt Joint Union Elem School 1016 C Street Suite 210 Galt CA 95632 946002510 177840 0 ELL Programs Mendota USD 115 McCabe Avenue Mendota CA 93640 770460306 88482 0 ELL Programs Robla School District 5248 Rose Street Sacramento CA 95838 946002528 27027 0 ELL Programs Sac Regional Comm Foundation 740 University Avenue Suite 110 Sacramento CA 95825 942891517 20000 0 Improving quality of life. Sanger Unified School District 1905 Seventh Street Sanger CA 93657 956002210 386766 0 ELL Programs UC Davis Foundation One Shields Ave Davis CA 95616 946081352 35000 0 Scholarship & 1st Amendment Lecture Washington Unified School 930 Westacre Road West Sacramento CA 95691 680343642 130085 0 ELL Programs 11 3 Form 990, Part VI, Line 11b: Form 990 Review Process After the accounting firm, retained by the Central Valley Foundation's staff and Board, completes the Form 990, it is distributed to the Audit Committee for review. The Committee's Members are given ample time and an opportunity to ask questions of the accounting firm about the Form 990. Afterwards, the Committee emails its review of the Form 990 to the Board. The Board reviews Form 990 before it is submitted to the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually, in the Spring, the Central Valley Foundation has its Annual Board Meeting. At this Board Meeting, the Board Members and staff are asked to complete, sign and submit the conflict of interest statement by the end of the meeting. These statements are filed at the CVF office. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Personnel & Board Compensation Committee reviews the Executive Director's (ED) compensation (salary) and activities every 1-5 years (September is the anniversary of the ED's employment with CVF). Each Fall, the ED submits a summary of her accomplishments and new responsibilities during the past year. The Committee reviews the summary report. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Form 990, audited financial statements, governing documents and policies are available for public inspection at the business office. Sac Region Community Foundation 740 University Avenue Ste 110 Sacramento CA 95825 942891517 Supported organization CA 501(c)(3) 8 N/A false Central Valley Community Foundation 5260 N Palm Avenue Ste 122 Fresno CA 93704 770478025 Supported organization CA 501(c)(3) 7 N/A false false true false false false false false false false false false false false false false false false false false Sac Region Community Foundation b 20000 Actual Central Valley Community Foundation b 22000 Actual