Grant Opportunity: Wayne and Gladys Valley Foundation
The Wayne and Gladys Valley Foundation is a major philanthropic institution in the East Bay Area of California. The foundation was formed in 1977 by Wayne and Gladys Valley to provide financial assistance to charitable organizations. The foundation focuses on organizations and projects that strive for excellence, carry out their programs in a well-managed and cost-efficient manner, and have clearly defined and achievable goals.
As part of its wind-down process, the foundation will be making substantially larger grants that have a lasting, major impact on the organizations, communities, and/or institutions that receive them. The foundation intends to emphasize capital grants (bricks and mortar, facility, and equipment) as a major component of this wind-down. Future grants will prioritize positive impact, support for organizations with a track record of success and strong leadership, merit-based support, ability to attract funds from other sources, and self-sustainability.
For the near future, the foundation will continue to make limited annual program and/or operating support grants. However, future grants will increasingly focus on major initiatives undertaken by the foundation. To apply for a grant from the Wayne and Gladys Valley Foundation, applicants should submit a succinct application including information about their organization's history and financial stability, project description and goals, number of beneficiaries, references to supporting research or materials, project timeline with a well-thought-out business plan, amount of funds requested from the foundation along with total project cost and other sources of funding sought or secured.
Applicants should also include attachments such as an income and expense budget for the project, list of board members' affiliations, IRS determination letter of 501(c)(3) status along with state exemption letter from Franchise Tax Board if applicable. Additionally, applicants should provide their most recent audited financial statement as well as filed IRS Form 990 for the previous fiscal year.
If an applicant passes initial screening criteria set by the foundation, further consideration and site visits may be requested.
