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Nonprofit · EIN 74-2904514

VALERO ENERGY FOUNDATION

Tax-exempt · SAN ANTONIO, TX 78269

Financials

$10.3M$11M2022$10.9M$11.1M2023$12.3M$11M2024
Revenue Expenses · by fiscal year end
Financials of VALERO ENERGY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$12,253,964$11,008,941$1,245,023$21,810,670$12,732,254$9,078,416
September 30, 2024990$10,902,171$11,074,841-$172,670$19,066,083$11,232,690$7,833,393
September 30, 2023990$10,302,504$10,998,577-$696,073$18,127,044$10,120,981$8,006,063
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$25,568,915
Program service revenue
$0
Investment income
$0
Royalties
$317,842
Net income from fundraising events
-$13,632,793
Other revenue
-$13,314,951

Expenses

Grants and similar amounts paid
$10,859,515
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,607
Accounting fees
$75,712
Program services (functional)
$10,861,015
Management and general (functional)
$77,319
Fundraising (functional)
$70,607

Balance sheet and other

Total assets, start of year
$19,066,083
Total assets, end of year
$21,810,670
Total liabilities, end of year
$12,732,254
Net assets, end of year
$9,078,416
Land, buildings and equipment
$328,372
Net assets without donor restrictions
$5,286,402
Net assets with donor restrictions
$3,792,014
Gross unrelated business income
-$86,520
Gross receipts
$33,658,788
Employees
0
Volunteers
2,403
Year formed
1999
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SEYMOUR BATTLESENIOR VICE PRESIDENT
Trustee or director, Officer
8$0$936,429$85,853
KARI WACLAWCZYKCORPORATE SPONSORSHIP OFFICER
Officer
10$0$424,206$76,240
JASON W FRASEREXEC VP/CFO
Trustee or director, Officer
0.75$0$0$0
HARMINDER S BHULLARVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
R LANE RIGGSPRESIDENT, CEO
Trustee or director, Officer
0.25$0$0$0
STEPHANIE A WERSELLSVP
Officer
1$0$0$0
ETHAN A JONESASSISTANT SECRETARY
Officer
1.2$0$0$0
JOHN P LOCKEVP, TREASURER
Officer
0.1$0$0$0
GARY K SIMMONSEXEC. VICE PRES. AND COO
Officer
0.1$0$0$0
RICHARD J WALSHSVP, GEN COUNSEL, SECRETARY
Officer
0.1$0$0$0
JUDE A DWORACZYKASSISTANT SECRETARY
Officer
0.1$0$0$0
JULIA R REINHARTSVP, CHIEF HUMAN RESOURCES OFF
Officer
0.1$0$0$0
ERIC FISHERVice President
Officer
0.1$0$0$0
990 for the year ended September 30, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SEYMOUR BATTLESENIOR VICE PRESIDENT
Trustee or director, Officer
8$0$978,860$83,795
KARI WACLAWCZYKCORPORATE SPONSORSHIP OFFICER
Officer
10$0$413,950$73,180
LAURA J VACCAROVP
Former
0$0$312,014$40,426
JASON W FRASEREXEC VP/CFO
Trustee or director, Officer
0.75$0$0$0
HARMINDER S BHULLARVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
R LANE RIGGSPRESIDENT, CEO
Trustee or director, Officer
0.25$0$0$0
STEPHANIE A WERSELLSVP
Officer
1$0$0$0
ETHAN A JONESASSISTANT SECRETARY
Officer
1.2$0$0$0
JOHN P LOCKEVP, TREASURER
Officer
0.1$0$0$0
GARY K SIMMONSEXEC. VICE PRES. AND COO
Officer
0.1$0$0$0
CHERYL L THOMASSENIOR VICE PRES. AND CIO
Officer
0.1$0$0$0
RICHARD J WALSHSVP, GEN COUNSEL, SECRETARY
Officer
0.1$0$0$0
JUDE A DWORACZYKASSISTANT SECRETARY
Officer
0.1$0$0$0
JULIA R REINHARTSVP, CHIEF HUMAN RESOURCES OFF
Officer
0.1$0$0$0
990 for the year ended September 30, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SEYMOUR BATTLESENIOR VICE PRESIDENT
Trustee or director, Officer
8$0$952,792$77,454
LAURA J VACCAROVP
Trustee or director, Officer
5$0$618,498$78,416
KARI WACLAWCZYKCORPORATE SPONSORSHIP OFFICER
Officer
10$0$357,156$69,967
JOSEPH W GORDERCEO
Trustee or director, Officer
1$0$0$0
JASON W FRASEREXEC VP/CFO
Trustee or director, Officer
1$0$0$0
HARMINDER S BHULLARVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
R LANE RIGGSPRESIDENT, CEO
Trustee or director, Officer
0.25$0$0$0
STEPHANIE A WERSELLSVP
Officer
1$0$0$0
ETHAN A JONESASSISTANT SECRETARY
Officer
1.2$0$0$0
JOHN P LOCKEVP, TREASURER
Officer
1$0$0$0
GARY K SIMMONSEXEC. VICE PRES. AND COO
Officer
0.1$0$0$0
CHERYL L THOMASSENIOR VICE PRES. AND CIO
Officer
0.25$0$0$0
RICHARD J WALSHSVP, GEN COUNSEL, SECRETARY
Officer
0.1$0$0$0
JUDE A DWORACZYKASSISTANT SECRETARY
Officer
0.1$0$0$0
JULIA R REINHARTSVP, CHIEF HUMAN RESOURCES OFF
Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 696000, SAN ANTONIO, TX 78269-6000
In care of
% ETHAN A JONES
Principal officer (990 for 2024)
SEYMOUR BATTLE, POBOX 696000 ATTN CORP TAX, SAN ANTONIO, TX 78269
Signed the 990
STEPHANIE A WERSELL, SVP
Phone
(210) 345-2000
Return prepared by
KPMG LLP

Mission

THE ORGANIZATION'S MISSION IS TO COLLABORATE WITH NONPROFIT PARTNERS ACROSS THE UNITED STATES TO FOSTER IMPROVED QUALITY OF LIFE AND CREATE MEASURABLE IMPACT WHERE UNMET NEEDS EXIST IN COMMUNITIES. IN FURTHERANCE OF THIS MISSION, THE ORGANIZATION WILL CONTRIBUTE FUNDS GENERATED FROM FUNDRAISING THROUGH GOLF AND GOLF-RELATED ACTIVITIES TO ITS TAX-EXEMPT, NON-PROFIT PARTNERS.

990 for the year ended September 30, 2025

Program accomplishments

  • The Valero Energy Foundation raises funds for the purposes of making charitable grants to nonprofit organizations that serve, children, adults and families, in the areas of food insecurity and basic needs, virtual education and digital support/laptops to improve access for underserved kids and children living in poverty, child abuse and mental health services, and improved health care services in underserved neighborhoods where Valero Energy has major operations. During the tax year ended September 30, 2025, 363 charities received grants from the Foundation.
    Expenses $10,829,557 · grants $10,829,557
  • The SAFE Fund provides assistance to individuals who have a significant charitable need resulting from an unexpected natural disaster such as a hurricane, tornado or flood, or are experiencing a demonstrable financial hardship related to a home fire, serious illness, or death in the family. Grants are available to affected qualifying current and future employees of Valero Energy Corporation. This fiscal year, several grants were targeted for Hurricane and Tornado Relief. During the tax year ended September 30, 2025, 6 individuals received assistance from the SAFE Fund.
    Expenses $31,458 · grants $29,958

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
74-2904514
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$21,810,670
Income (IRS master file)
$33,658,788

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$12,253,964$11,008,941$21,810,670XML
990-TSeptember 2025–––IRS
990September 2024$10,902,171$11,074,841$19,066,083XML
990-TSeptember 2024–––IRS
990September 2023$10,302,504$10,998,577$18,127,044XML
990-TSeptember 2023–––IRS
990September 2022$9,375,966$11,526,743$20,912,160IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2904514).

Questions about VALERO ENERGY FOUNDATION

What is the EIN of VALERO ENERGY FOUNDATION?
The employer identification number (EIN) of VALERO ENERGY FOUNDATION is 74-2904514.
Is VALERO ENERGY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to VALERO ENERGY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VALERO ENERGY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VALERO ENERGY FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VALERO ENERGY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of VALERO ENERGY FOUNDATION?
The 990 for the year ended September 30, 2025 names SEYMOUR BATTLE.
Who are the officers and directors of VALERO ENERGY FOUNDATION?
The 990 for the year ended September 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does VALERO ENERGY FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $12,253,964, expenses of $11,008,941 and total assets of $21,810,670 at year end.

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