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Wayne & Gladys Valley Foundation

Profile

Last Updated: 2016-07-14

At A Glance

Wayne & Gladys Valley Foundation

1939 Harrison St., Ste. 510

Oakland, CA United States 94612-3532

Telephone: (510) 466-6060

URL: fdnweb.org/wgvalley

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2015-09-30)

Assets: $464,565,466

Total giving: $12,484,166

EIN

953203014

BRIDGE Number

3330316078

Background

Established in 1977 in CA - The Wayne and Gladys Valley Foundation was formed in 1977 by F. Wayne Valley and his wife, Gladys Valley. For over 40 years prior to his death in 1986, Mr. Valley, through his business corporations and partnerships, was one of the largest residential homebuilders in California. Because their wealth was chiefly acquired through the real estate business operating in and from the East Bay, Mr. and Mrs. Valley believed this area should be the primary target of their gifts. Upon his death, Mr. Valley made a substantial bequest to this foundation to expand its philanthropic endeavors. Since then, the foundation has become a major philanthropic institution led by Gladys Valley until her death in May 1998. Mrs. Valley likewise made provisions upon her passing for more assets to come to the foundation so that it may be able to further the charitable mission originally established by them. The foundation will be terminating in 2018

Purpose and Activities

Primary areas of interest include higher, secondary, and other education, medical research, health care, youth, local parks and recreational facilities and local Catholic organizations. The foundation seeks to make grants to organizations having broad based funding support; specifically defined goals and purposes; demonstrated effectiveness in its programs; expectations for continued success in its activities without future dependence on support from the foundation; and committed, enthusiastic and diligent leadership.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the foundation made a PRI to an arts and cultural organization.

Fields of Interest

Subjects
  • Catholicism
  • Child welfare
  • Diseases and conditions
  • Elementary and secondary education
  • Health
  • Higher education
  • Human services
  • Parks
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-09-30

Assets: $464,565,466 (market value)

Expenditures: $15,352,311

Total giving: $12,484,166

Qualifying distributions: $13,304,747