VALLEY FOUNDATION: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- VALLEY FOUNDATION (EIN 94-1584547)
- Tax period
- 2014-10-01 to 2015-09-30
- Filed
- 2016-07-29
- IRS object ID
- 201642119349100319
- Schema version
- 2014v6.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Distribution From Corpus Election
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-07-29T17:57:00-05:00 | ReturnTs |
| Tax Period End | 2015-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271155496 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT LEE & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 AIRPORT PARKWAY | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 941584547 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALLEY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VALL | BusinessNameControlTxt |
| Phone | 4088556770 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 AIRPORT PARKWAY SUITE 350 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT LEE | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 4088556770 | PhoneNum |
| Signature | 2016-07-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT R SMEAD | PreparerPersonNm |
| PTIN | P01208759 | PTIN |
| Phone | 4088556770 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $59,255,926 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $8,301 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,301 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,670,825 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,670,825 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,877,965 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,717,966 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,877,965 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$111,579 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,445,512 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,557,091 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $62,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,867 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,956 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $1,956 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $46,614 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $15,537 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $15,537 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $323,278 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $323,278 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $73,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $42,959 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $35,991 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $6,178 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $553,718 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $376,762 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $23,671 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $755,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $755,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,308,718 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $376,762 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $778,671 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,136,794 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,180,329 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $11,523,130 | CashBOYAmt |
| Cash EOY | $139,047 | CashEOYAmt |
| Cash EOYFMV | $139,047 | CashEOYFMVAmt |
| Acct Rcvbl | $9,805 | AcctRcvblAmt |
| Acct Rcvbl BOY | $16,421 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $9,805 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $9,805 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $26,963 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $26,963 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $26,963 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $4,858,397 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $42,085,107 | CorporateStockBOYAmt |
| Corporate Stock EOY | $54,399,869 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $54,399,869 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,589,514 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,674,242 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,674,242 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $120,210 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $120,210 | LandBldgEquipAccumDeprecAmt |
| Other Assets BOY | $6,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $6,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $6,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $64,105,532 | TotalAssetsBOYAmt |
| Total Assets EOY | $59,255,926 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $59,255,926 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $1,000,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $1,560 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $1,000,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,560 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $63,105,532 | UnrestrictedBOYAmt |
| Unrestricted EOY | $59,254,366 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $63,105,532 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $59,254,366 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $64,105,532 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $59,255,926 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $63,105,532 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,136,794 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $65,242,326 | SubtotalAmt |
| Other Decreases | $5,987,960 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $59,254,366 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $9,314,060 | $7,807,408 | $1,506,652 | $1,506,652 | |
| CAPITAL DYNAMICS REAL ESTATE | $32,593 | -$32,593 | -$32,593 | P | |
| ENDOWMENT VENTURE PARTNERS V, L.P. | $23,885 | $23,885 | $23,885 | P | |
| REDWOOD KAIROS REAL ESTATE VALUE FUND III, LLC | $102,306 | $102,306 | $102,306 | P | |
| PORTFOLIO ADVISORS PRIVATE EQUITY FUND III LP | $277,715 | $277,715 | $277,715 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,877,965 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $23,194 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $63,138,039 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.000367 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,058,599 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $60,417,990 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.017521 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $120,542 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $53,456,838 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.002255 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,037,857 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $55,435,030 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.072839 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $3,719,063 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $51,989,441 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.071535 | DistributionYr5Rt |
| Total Distribution | 0.164517 | TotalDistributionRt |
| Average Distribution | 0.032903 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $64,044,263 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,107,248 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $31,803 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,139,051 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $778,671 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $63,607 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $63,607 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $63,607 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $94,698 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $94,698 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $31,091 | OverpaymentAmt |
| Applied To ES Tax | $31,091 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.VALLEY.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4083584545 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 AIRPORT PARKWAY SUITE 350 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| PHILLIP R BOYCE | ||||||||
| 226 AIRPORT PARKWAY SUITE 350 | SAN JOSE | CA | 95110 | CHAIRMAN | 4.00 | $15,500 | $0 | $0 |
| DR RICHARD SIEVE | ||||||||
| 226 AIRPORT PARKWAY SUITE 350 | SAN JOSE | CA | 95110 | VICE CHAIRMAN | 4.00 | $15,500 | $0 | $0 |
| DR HERBERT KAIN | ||||||||
| 226 AIRPORT PARKWAY SUITE 350 | SAN JOSE | CA | 95110 | BOARD MEMBER | 4.00 | $15,500 | $0 | $0 |
| DANIEL P DOORE | ||||||||
| 226 AIRPORT PARKWAY SUITE 350 | SAN JOSE | CA | 95110 | TREASURER | 4.00 | $3,500 | $0 | $0 |
| ROBERT LEE | ||||||||
| 226 AIRPORT PARKWAY SUITE 350 | SAN JOSE | CA | 95110 | SECRETARY | 4.00 | $12,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEACAN POINT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 NEWPORT CENTER DRIVE SUITE 125 | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT CONSULTING | ServiceTypeTxt |
| Compensation | $81,408 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $58,228,282 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,602,518 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $5,188,756 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $65,019,556 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $65,019,556 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $975,293 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $64,044,263 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,202,213 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,202,213 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $63,607 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $63,607 | TotalTaxAmt |
| Distributable Before Adj | $3,138,606 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,138,606 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,138,606 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $778,671 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $778,671 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $778,671 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,138,606 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr2 | $1,054,354 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,054,354 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $778,671 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $778,671 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,054,354 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,054,354 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $1,305,581 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| WINCHESTER ORCHESTRA | |||||||
| 1831 GUNSTON WAY | SAN JOSE | CA | 95124 | NONE | 501(C)(3) | GRANT TO PROMOTE THE ORGANIZATION'S CHARITABLE ACTIV | $5,000 |
| YMCA | |||||||
| 1921 THE ALAMEDA 3RD FLOOR | SAN JOSE | CA | 95126 | NONE | 501(C)(3) | GRANT TO PROMOTE THE ORGANIZATION'S CHARITABLE ACTIV | $750,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $755,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,301 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,670,825 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,877,965 | UnrelatedBusinessTaxblIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| ENDOWMENT VENTURE PARTNERS | 900099 | -$3,748 |
| LOWE REALESTATE INCOME AND GROWTH | 900099 | -$86 |
| REDWOOD KAIROS REAL ESTATE VALUE FUND III, LLC | 900099 | -$61,353 |
| CAPITAL DYNAMICS | 900099 | -$23,094 |
| REDWOOD KAIROS REAL ESTATE VALUE FUND IV, LLC | 900099 | -$481 |
| PORTFOLIO ADVISORS PRIVATE EQUITY FUND III LP | 900099 | -$22,817 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,766,386 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,679,126 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,445,512 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $46,614 | Amt |
| Net Investment Income | $15,537 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15,537 | DisbursementsCharitablePrpsAmt |
Distribution From Corpus Election DistributionFromCorpusElection
| Field | Value | IRS element (for citing) |
|---|---|---|
| Election | PURSUANT TO IRC SEC. 4942(H) (2) AND REG. 53.4942 (A)-3 (D) (2), THE VALLEY FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AND THE AMOUNT NEEDED TO SATISFY THE CURRENT YEAR DISTRIBUTION REQUIREMENTS AS BEING MADE OUT OF CORPUS. | ElectionDesc |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $54,399,869 | EOYBookValueAmt |
| EOYFMV | $54,399,869 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PARTNERSHIPS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $4,674,242 | BookValueAmt |
| EOYFMV | $4,674,242 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $5,867 | LegalFeesAmt |
| Net Investment Income | $1,956 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,956 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID FEDERAL EXCISE TAXES | Desc |
| BOY Book Value | $6,000 | BOYBookValueAmt |
| EOY Book Value | $6,000 | EOYBookValueAmt |
| EOYFMV | $6,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS ON INVESTMENTS | Desc |
| Amt | $5,987,960 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT FEES | $29,814 | $29,814 | $0 |
| MEETING EXPENSES | $559 | $0 | $0 |
| WEBSITE/SOFTWARE | $12,355 | $6,177 | $6,178 |
| MISCELLANEOUS | $231 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ENDOWMENT VENTURE PARTNERS | -$3,748 | -$3,748 |
| LOWE REALESTATE INCOME AND GROWTH | -$86 | -$86 |
| REDWOOD KAIROS REAL ESTATE VALUE FUND III, LLC | -$61,353 | -$61,353 |
| CAPITAL DYNAMICS | -$23,094 | -$23,094 |
| REDWOOD KAIROS REAL ESTATE VALUE FUND IV, LLC | -$481 | -$481 |
| PORTFOLIO ADVISORS PRIVATE EQUITY FUND III LP | -$22,817 | -$22,817 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (8 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MANAGEMENT FEES - KALMAR | $44,739 | $44,739 | $0 |
| MANAGEMENT FEES - BEACAN POINT | $81,408 | $81,408 | $0 |
| MANAGEMENT FEES - STRALEM & COMPANY | $8,714 | $8,714 | $0 |
| MANAGEMENT FEES - ST. JAMES | $34,480 | $34,480 | $0 |
| MANAGEMENT FEES - SARATOGA RESEARCH | $48,656 | $48,656 | $0 |
| MANAGEMENT FEES - VAUGHAN NELSON | $38,966 | $38,966 | $0 |
| MANAGEMENT FEES - FIDUCIARY MANAGEMENT | $45,809 | $45,809 | $0 |
| MANAGEMENT FEES - ENTERPRISE TRUST | $20,506 | $20,506 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX EXPENSE | CategoryTxt |
| Amt | $73,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
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