Valhalla Foundation is a private, independent 501(c)(3) foundation established in 2003 and headquartered in Woodside, California. The foundation operates as a grantmaking organization focused on driving measurable and meaningful improvement in outcomes across six core impact areas. The foundation does not accept unsolicited funding requests and operates through an invitation-only application process.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$527.1M
-12.5% YoY
Annual Giving
$131.7M
+16.4% YoY
Grant Count
80
-2.4% YoY
Avg Grant Size
$1.6M
+19.3% YoY
Mission & Focus Areas
Mission: Driving measurable and meaningful improvement in outcomes that matter.
Six Core Impact Areas:
- Early Childhood Development
- K-12 Education
- Data Literacy / Data Science Education
- Medical Research & Talent
- Environmental Innovation
- Collaborative Philanthropy
Grantmaking
Grant Range
** $100,000 to $6,000,000+
Invitation Only
** Invitation only; the foundation does not accept unsolicited applications.
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Geographic Focus
Where this funder awards grants
U.S. national focus with some international development work. Primary funding activity in California, New York, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $602,326,886 (2023)
Total Liabilities: $148,000,000 (2023)
Total Revenues: $16,134,902 (2023)
Total Expenses: $133,120,208 (2023)
Total Giving: $131,719,936 (2023)
Investment Income: $15,226,323 (2023)
Assets (Alternative Source): $527,054,705
Cumulative Giving: Over $1 billion committed to date through both foundation grants and personal donations
Giving Pledge Status: Foundation is a signatory to the Giving Pledge
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $527,054,705 | $602,326,886 | $638,333,924 |
| Revenue | $14,125,198 | $16,134,902 | $12,933,665 |
| Expenses | $123,257,382 | $133,120,208 | $89,926,403 |
| Qualifying Distributions | $134,007,572 | $115,078,745 | $83,824,986 |
| Net Investment Income | $11,840,999 | $13,921,186 | $12,840,290 |
| Distributable Amount | $28,518,393 | $30,410,560 | $35,140,638 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Sara Allan – President
- Amy Rodde – Executive Director
- Manisha Shah – Director, Early Learning
- Becky Jaques Hasak – Director, Early Childhood
- Dana Maclaurin Nunn – Managing Director
- Nancy Poon Lue – Managing Director
Workforce: 13 employees as of the most recent data
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| H SIGNE OSTBY | BOARD CHAIR | 4 | — |
| SCOTT D COOK | TREASURER | 2 | — |
| ALEX TERMAN | SECRETARY | 2 | — |
| AMY RODDE | INTERIM PRESIDENT (THRU 1/2024) | 40 | — |
| SARA ALLAN | PRESIDENT | 40 | — |
Recent News & Activity
Recent developments and announcements
Octave Bioscience awarded a Valhalla Foundation grant to accelerate development of the first MS disease progression test
Octave Bioscience Awarded Valhalla Foundation Grant to ...Reach Out and Read received $6 million from Valhalla Foundation (April 2024)
Octave Bioscience Awarded Valhalla Foundation Grant to ...Valhalla Foundation granted millions toward Marshall For All program at Marshall University (January 2025)
Octave Bioscience Awarded Valhalla Foundation Grant to ...Co-launched NextLadder Ventures, a $1 billion collaborative initiative with major philanthropic partners (July 2025)
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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