The Valley Foundation
The Valley Foundation is a private foundation established in 1984 in California and based in San Jose, CA. The foundation was formed from the proceeds of the sale of the Community Hospital of Los Gatos and Saratoga, Inc. It holds 501(c)(3) tax-exempt status and has been designated as tax-exempt since June 1989.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$70.5M
+9.6% YoY
Annual Giving
$3.5M
-4.2% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$3.5M
+283.3% YoY
Mission & Focus Areas
The primary goal of the foundation is to improve health care and medical services for lower-income households within Santa Clara County, CA. More than 50 percent of all grants are authorized for this purpose.
The foundation's core competency and interest is providing grants to the medical field, with focus areas including:
- Medical research
- Medical education
- Health awareness
- Direct health services
- Critical diseases
The foundation will also consider social services requests that relate to the health of its community.
Grantmaking
Applicants must be qualified 501(c)(3) charitable organizations. Grant applications are submitted through The Valley Foundation's Grant Application Portal available on their website.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and initiatives within Santa Clara County, California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
| Metric | Amount |
|---|---|
| Total Assets | $70,531,065 |
| Total Revenue | $1,099,222 |
| Total Expenses | $3,924,426 |
| Net Income | -$2,825,204 |
| Total Liabilities | $145,000 |
Revenue Breakdown (FY 2024):
- Investment income and dividends: $1,580,599
- Net gain from sale of non-inventory assets: $924,021
- Miscellaneous revenues: -$1,405,398
Employees: 0 (as of 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $70,531,065 | $64,359,918 | $61,408,022 |
| Revenue | $1,099,222 | $-623,505 | $4,930,247 |
| Expenses | $3,924,426 | $4,034,123 | $4,436,224 |
| Qualifying Distributions | $3,523,413 | $3,668,075 | $4,063,741 |
| Net Investment Income | $2,282,057 | $917,302 | $5,146,496 |
| Distributable Amount | $3,387,107 | $3,374,085 | $3,545,944 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Open Grants
1 open opportunity from The Valley Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILLIP R BOYCE | CHAIRMAN | 4 | $20,000 |
| DR RICHARD SIEVE | VICE CHAIRMAN AND TREASURER | 4 | $20,000 |
| ROBERT A LEE | SECRETARY | 4 | $20,000 |
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Valley Foundation on Grantable?
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