NonprofitsValley Community Foundation Inc

Public Foundations

Valley Community Foundation Inc

NEW HAVEN, CT

Total revenue

$3.3M

Total expenses

$3.0M

Net assets

$24.8M

Grants received

$1.4M

19 grants

EIN

841637102

Tax year

2024

Mission

To inspire philanthropic growth, provide and foster leadership, engage donors, and strengthen the valley community both now and for future generations.

Programs

7 programs

Health: grants that support programs and services that ensure health and wellness.

Expenses: $807KGrants: $568K

Education: grants that support programs and services that provide quality education.

Expenses: $495KGrants: $348K

Arts and culture: grants that support programs and services that promote arts and culture.

Expenses: $133KGrants: $93K

Basic needs: grants that support programs and services that promote basic human needs.

Expenses: $243KGrants: $171K

Economic success: grants that support programs and services that promote regional economic success.

Expenses: $206KGrants: $145K

Youth: grants that support programs and services that promote healthy youth development.

Expenses: $192KGrants: $135K

Environment: grants that support programs and services that promote protection of the environment.

Expenses: $77KGrants: $54K

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue
Investment income$1.3M
Other revenue
Total revenue$3.3M

Expenses

Grants paid$1.8M
Salaries & benefits$656K
Fundraising$222K
Other expenses$501K
Total expenses$3.0M
Total assets$39.6M
Net assets$24.8M

People

16 listed

NameRoleCompensation

SHARON CLOSIUS

PRESIDENT & CEO

Board

$186K

40 hrs/wk

KAREN DUBOIS-WALTON

DIRECTOR (LEFT 11/2024)

Board

1 hrs/wk

NANCY VALENTINE

BOARD CHAIR

Board

1 hrs/wk

ALETA MINER

VICE-CHAIR

Board

1 hrs/wk

TAMMY BURRELL

TREASURER

Board

1 hrs/wk

PATRICIA TARASOVIC

SECRETARY

Board

1 hrs/wk

MARK D GOUMAS

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER GRIZZLE

DIRECTOR

Board

1 hrs/wk

TERRY JONES

DIRECTOR

Board

1 hrs/wk

JACK WALSH

DIRECTOR

Board

1 hrs/wk

NED MILLER

DIRECTOR

Board

1 hrs/wk

GREG STAMOS

DIRECTOR (LEFT 12/2024)

Board

1 hrs/wk

BEVON MCLEAN

DIRECTOR

Board

1 hrs/wk

MARCIE MONACO

CHIEF FINANCIAL OFFICER

Board

10 hrs/wk

WILLIAM GINSBERG

DIRECTOR (LEFT 12/2024)

Board

1 hrs/wk

WENDY GAMBA

CHIEF FINANCIAL OFFICER (LEFT 1/24)

Board

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$1.3M
GRANT TO RELATED ORGANIZATION '
2024
$81K
UNRESTRICTED GENERAL
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$208
MATCHING GIFTS
2023
$200
PROGRAM/OPERATING SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2022
$900
MATCHING GIFTS
2022
$106
MATCHING GIFTS
2022
$100
MATCHING GIFTS
2022
$5K
PUBLIC, SOCIETAL BENEFIT
2021
$20K
PUBLIC, SOCIETAL BENEFIT
2020
$2K
GENERAL SUPPORT/CAPITAL CAMPAIGN
2020
$8K
For grant recipient's exempt purposes
2018
$6K
PROVIDE ENDOWED FUNDING TO THE PUBLIC INTERESTED IN PURSUING THE PERFORMING ARTS.
2018

Funded by

$1.4M from 11 funders · 19 grants · 2018–2024

Michael A Parlato Scholarship Fund

$81K · 1 grant · 2023

Donor Advised Charitable Giving Inc

$25K · 2 grants · 2020–2021

American Online Giving Foundation Inc

$22K · 2 grants · 2021–2024

Center Stage Theatre Inc

$6K · 1 grant · 2018

Ion Bank Foundation Inc

$5K · 1 grant · 2021

The Bank of America Charitable Foundation Inc

$3K · 4 grants · 2021–2023

Details

EIN841637102
NTEE codeT30
Subsection03
Ruling date2004-04
Formed2004
Employees5
Volunteers15
VALLEY COMMUNITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo