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Nonprofit · EIN 94-1584547

VALLEY FOUNDATION

Tax-exempt · SAN JOSE, CA 95126

Financials

−$624K$4M2022$1.1M$3.9M2023$5.1M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of VALLEY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$5,061,273$3,886,026$1,175,247$73,106,974$206,000$72,900,974
September 30, 2024990-PF$1,099,222$3,924,426-$2,825,204$70,531,065$145,000$70,386,065
September 30, 2023990-PF-$623,505$4,034,123-$4,657,628$64,359,918$41,000$64,318,918
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$1,508,460
Interest
$242,123
Net gain from sales of assets
$4,289,035
Other income
-$978,345

Expenses

Grants and similar amounts paid
$3,450,000
Compensation of officers, directors and key employees
$60,000
Disbursements for charitable purposes
$3,534,118
Excise tax on investment income
$80,602

Balance sheet and other

Total assets, start of year
$70,531,065
Total assets, end of year
$73,106,974
Total liabilities, end of year
$206,000
Net assets, end of year
$72,900,974
Fair market value of assets
$73,106,974
Qualifying distributions
$3,534,118
Net investment income
$6,039,618

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-PF for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PHILLIP R BOYCE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
CHAIRMAN4$20,000
DR RICHARD SIEVE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
VICE CHAIRMAN AND TREASURER4$20,000
ROBERT A LEE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
SECRETARY4$20,000
990-PF for the year ended September 30, 2024: 3 people
NameTitleHours / weekCompensation
PHILLIP R BOYCE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
CHAIRMAN4$20,000
DR RICHARD SIEVE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
VICE CHAIRMAN AND TREASURER4$20,000
ROBERT A LEE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
SECRETARY4$20,000
990-PF for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensation
PHILLIP R BOYCE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
CHAIRMAN4$19,000
DR RICHARD SIEVE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
VICE CHAIRMAN AND TREASURER4$19,000
ROBERT A LEE
999 W TAYLOR STREET SUITE A, SAN JOSE, CA 95126
SECRETARY4$19,000

Address and contacts

Address (IRS master file)
999 W TAYLOR ST STE A, SAN JOSE, CA 95126-1861
Signed the 990-PF
ROBERT LEE, SECRETARY
Phone
(408) 855-6770
Return prepared by
RLA LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 94-1584547 or by the name VALLEY FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
94-1584547
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1989
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$73,106,974
Income (IRS master file)
$5,067,491

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$5,061,273$3,886,026$73,106,974XML
990-TSeptember 2025–––IRS
990-PFSeptember 2024$1,099,222$3,924,426$70,531,065XML
990-TSeptember 2024–––IRS
990-PFSeptember 2023-$623,505$4,034,123$64,359,918XML
990-TSeptember 2023–––IRS
990-PFSeptember 2022–––IRS
990-TSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-TSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2019–––IRS
990-PFSeptember 2018–––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 94-1584547).

Questions about VALLEY FOUNDATION

What is the EIN of VALLEY FOUNDATION?
The employer identification number (EIN) of VALLEY FOUNDATION is 94-1584547.
Is VALLEY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to VALLEY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does VALLEY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of VALLEY 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 VALLEY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of VALLEY FOUNDATION?
The 990-PF for the year ended September 30, 2025 lists 3 people; 3 received compensation from the organization, the highest $20,000 (PHILLIP R BOYCE, CHAIRMAN).
How much revenue does VALLEY FOUNDATION have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $5,061,273, expenses of $3,886,026 and total assets of $73,106,974 at year end.

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