Villa Garcia Inc
To facilitate the development of affordable housing.
Villa Garcia Inc at a glance
In short: Villa Garcia Inc gave $2.2M across 2 grants in 2024 (avg $1.1M), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,205,512
- +548.7% vs 2023
- Grants made (2024)
- 2
- +100.0% vs 2023
- Average grant
- $1,102,756
- +224.4% vs 2023
- Median grant
- $1,102,756
- Total assets
- $65,836,897
- +5.8% 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 Villa Garcia Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Homefirst Services of Santa Clara County ($1.4M). Together the top 2 received $2.2M.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $340K (2023) to $2.2M (2024). In 2024 it made 2 grants totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Homefirst Services of Santa Clara County Milpitas, CA | To support housing & operational expenses of surestay apartments. | $1,441,526 |
| Domus Management Company Lodi, CA | To support housing & operational expenses of surestay apartments. | $763,986 |
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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 | $65,836,897 | $8,048,658 | $8,580,542 | $2,205,512 | 2 | $29,907 |
| 2023 | $62,232,843 | $701,669 | $905,819 | $339,980 | 1 | $1 |
| 2022 | $9,608,559 | $136,019 | $11,434 | — | — | — |
| 2021 | $9,486,311 | $144,345 | $12,049 | — | — | — |
| 2020 | $9,350,821 | $154,513 | $9,840 | — | — | — |
About Villa Garcia Inc
Based on IRS filings
Villa Garcia Inc is a public charity, based in San Jose, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65.8M in total assets. In 2024, it awarded 2 grants totaling $2.2M. Net investment income was $30K.
Leadership & Key People
Officers and directors from IRS filings
Villa Garcia Inc is led by Preston Prince, President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Preston Prince
President
On filings since 2021
1 hr/week
No compensation reported
Flaherty Ward
Vice President & Treasurer
On filings since 2023
1 hr/week
No compensation reported
Russell Brunson
Vice President & Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (3)
- Former: Aleli Sangalang (2020–2023) — Vice President & Treasurer
- Former: Thomas Graham (2020–2021) — Vice President & Secretary
- Former: Katherine Harasz (2020) — President
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.
Frequently asked questions about Villa Garcia Inc
How much does Villa Garcia Inc give each year?
Villa Garcia Inc gave $2.2M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $340K across 1 grant.
How large is Villa Garcia Inc?
Villa Garcia Inc reported $65.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $8.0M.
Where does Villa Garcia Inc operate?
Villa Garcia Inc has awarded grants in California.
What is Villa Garcia Inc's EIN?
Villa Garcia Inc's EIN (Employer Identification Number) is 94-2155250. 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
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in California
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