Valley First Credit Union
Working together to provide superior service for our members and community
Valley First Credit Union at a glance
In short: Valley First Credit Union gave $92K across 6 grants in 2024 (avg $15K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $91,857
- -30.6% vs 2023
- Grants made (2024)
- 6
- -25.0% vs 2023
- Average grant
- $15,310
- -7.5% vs 2023
- Median grant
- $13,875
- Total assets
- $1,027,273,852
- +0.8% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Valley First Credit Union funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Modesto Childrens Museum ($30K). Together the top 6 received $92K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 20 grants of 22 (91%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
How Valley First Credit Union gives
- Giving fell 25% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13K (2020) to $132K (2023). In 2024 it made 6 grants totaling $92K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Modesto Childrens Museum Modesto, CA | General Support | $30,167 |
| Stanislaus Business Alliance Modesto, CA | General Support | $18,517 |
| City Ministry Network Modesto, CA | General Support | $16,000 |
| State Theater of Modesto Inc Modesto, CA | General Support | $11,750 |
| Stanislaus Latino Chamber of Commerce Modesto, CA | General Support | $9,000 |
| United Way of Stanislaus County Modesto, CA | General Support | $6,423 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,027,273,852 | $63,347,544 | $58,535,460 | $91,857 | 6 | $8,297,022 |
| 2023 | $1,019,297,447 | $57,186,497 | $47,771,769 | $132,453 | 8 | $4,165,506 |
| 2022 | $964,187,226 | $40,105,453 | $30,736,008 | $49,752 | 3 | $3,051,516 |
| 2021 | $895,204,166 | $33,497,583 | $25,343,848 | $122,676 | 3 | $801,717 |
| 2020 | $769,456,143 | $34,327,835 | $28,803,577 | $13,025 | 2 | $1,361,858 |
About Valley First Credit Union
Based on IRS filings
Valley First Credit Union is a public charity, based in Modesto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0B in total assets. In 2024, it awarded 6 grants totaling $92K. Net investment income was $8.3M.
Leadership & Key People
Officers and directors from IRS filings
Valley First Credit Union is led by Kathryn Davis, President & CEO since 2023 (on filings since 2020); 15 of 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kathryn Davis
President & CEO
President & CEO → President & Chief Executive Officer, 2021
President & Chief Executive Officer → President & CEO, 2023
On filings since 2020
60 hrs/week
$518K (2020) → $711K (2024)
Chris Peterson
Chair
Secretary & Chair → Chair, 2021
On filings since 2020
2 hrs/week
No compensation reported
Charles Ciapponi
Director & Compliance
New on the 2024 filing
45 hrs/week
$134K (2024)
Jane Lunn
Director & Talent Development
New on the 2024 filing
45 hrs/week
$119K (2024)
Lindsay Sansen
Director & Marketing
New on the 2024 filing
45 hrs/week
$140K (2024)
Valarie Roberts-Allen
Director & Dispute Operations
New on the 2024 filing
45 hrs/week
$118K (2024)
Gary Hall
Director
Treasurer & Director → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
John Schneider
Director
On filings since 2020
2 hrs/week
No compensation reported
Tamra Spade
Director
On filings since 2022
1 hr/week
No compensation reported
Donna Riley
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Courtnay Lynch
Vice President, People & Culture
Vice President People & Culture → Vice President, People & Culture, 2023
On filings since 2020
50 hrs/week
$140K (2020) → $186K (2024)
Paul Emanuels
Former Vice President & Lending
Vice President Lending → Vice President & Lending, 2023
Vice President & Lending → Former Vice President & Lending, 2024
On filings since 2020
40 hrs/week
$179K (2020) → $323K (2024)
Todd McCoy
Former Chief Financial Officer
Chief Financial Officer → Former Chief Financial Officer, 2024
On filings since 2021
40 hrs/week
$53K (2021) → $107K (2024)
Byron Miller
Former Vice President & Technology
Vice President Technology → Vice President & Technology, 2023
Vice President & Technology → Former Vice President & Technology, 2024
On filings since 2022
40 hrs/week
$191K (2022) → $176K (2024)
Chris Hewitt
Vice President, Ops & Digital Strategy
Vice President Operations & Digital Strategy → Vice President, Ops & Digital Strategy, 2023
On filings since 2022
40 hrs/week
$194K (2022) → $211K (2024)
Raymond McCaslin
Former Vice President & Commercial Banking
Vice President Commercial Banking → Vice President & Commercial Banking, 2023
Vice President & Commercial Banking → Former Vice President & Commercial Banking, 2024
On filings since 2022
45 hrs/week
$122K (2022) → $189K (2024)
Andrea Brooks
Chief Risk Officer
On filings since 2023
50 hrs/week
$198K (2023) → $253K (2024)
Betino Marcelo
Cheif Lending Officer
New on the 2024 filing
50 hrs/week
$202K (2024)
Christopher Braun
Vice President & Payments
New on the 2024 filing
40 hrs/week
$217K (2024)
Mary Roberts
Chief Financial Officer
New on the 2024 filing
50 hrs/week
$98K (2024)
Fred Cruz
Vice Chair
Board Chair & Vice Chair → Vice Chair, 2021
On filings since 2020
2 hrs/week
No compensation reported
Patti Gillihan
Secretary & Treasurer
Director → Secretary, 2021
Secretary → Secretary & Treasurer, 2022
On filings since 2020
2 hrs/week
No compensation reported
Tom Kane
Former Director
Treasurer → Director, 2021
Director → Former Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Former officers (12)
- Former: Chris Braun (2022–2023) — Vice President & Payments
- Former: Unji Frommoethelydo (2023) — Senior Network Engineer
- Former: Patrick Dodd (2020–2022) — Former Treasurer
- Former: Anita Morphew (2020–2021) — Vice President Marketing
- Former: Catherine Rando (2020–2021) — Vice President Information Services
- Former: Christopher Hewitt (2020–2021) — Vice President Operating & Digital Banking
- Former: Melanie Borras (2020–2021) — Controller
- Former: Roberta Gaalswyk (2020–2021) — Director of Lending Services
- Former: Dennis Barta (2020) — Vice President Finance
- Former: Jennifer Brown (2020) — Vice President Risk Management
- Former: Judy Jensen (2020) — Vice Chair
- Former: Traci Nagasawa (2020) — Vice President Member Service
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $711K, to Kathryn Davis (President & CEO). 15 officers or directors reported compensation on that filing.
Frequently asked questions about Valley First Credit Union
How much does Valley First Credit Union give each year?
Valley First Credit Union gave $92K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $132K across 8 grants.
What is Valley First Credit Union's typical grant size?
Valley First Credit Union's median grant in 2024 was $13,875, and its average grant was $15,310, across 6 grants on its 2024 IRS Form 990.
Where does Valley First Credit Union give grants?
Valley First Credit Union gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Modesto, CA (6 grants).
Does Valley First Credit Union give general operating support?
Yes: 100% of Valley First Credit Union's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990.
Who are Valley First Credit Union's largest grantees?
Valley First Credit Union's largest 2024 grantees include Modesto Childrens Museum ($30,167), Stanislaus Business Alliance ($18,517) and City Ministry Network ($16,000), according to its 2024 IRS Form 990. Together they received 70% of its itemized 2024 grant dollars.
How large is Valley First Credit Union?
Valley First Credit Union reported $1.0B in total assets on its 2024 IRS Form 990. Its revenue that year was $63.3M.
What is Valley First Credit Union's EIN?
Valley First Credit Union's EIN (Employer Identification Number) is 94-1439553. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in California
California Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Valley First Credit Union's focus areas in our free grants database
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Funders that support many of the same organizations
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Bob & Marie Gallo Foundation
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Stanislaus Community Foundation
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Stanislaus Community Foundation supports qualified organizations working in Stanislaus County on education, economic opportunity, civic engagement, nonprofit innovation, and community needs such as basic needs, health, arts, youth, and the environment. In 2024, its grants ranged from $5,300 to $365,766, with a median of $16,775. It lists grant cycles, but the profile does not state whether it accepts unsolicited requests.
Assets
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Grants
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Total Given
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Valley First Credit Union down — hundreds of funders to go?