Three Valleys Community Foundation EIN 87-1782380 Form 990 (PDF) Claim this org

Three Valleys Community Foundation

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Strengthens the region through leadership, funding, giving, and collaboration. For fiscal year 2025 it reported $4.7M in revenue, $2.2M in expenses, and $4.3M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Pleasanton, CA
Website
3vcf.org
Filings
4 on file (2022–2025)
Revenue
$4.7MFY2025
Expenses
$2.2M
Net assets
$4.3M
People
13
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-1782380 Public foundation / grantmaker Pleasanton, CA
Form 990 (PDF)
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Figures match the IRS filing checked 8/24/26 · see original: IRS
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Size
$1–10M
What they do
Strengthens the region through leadership, funding, giving, and collaboration.
Leadership
Dr Kelly Bowers · Chief Executive Officer · $75K
Money in and out
$4.7M revenue, $2.2M expenses
Bottom line
87% program efficiency
Grants paid & assets · FY2025
Total revenue
$4.7M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.5M
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs▲ +19% vs prior filing year
Operating runway
30.1mo
months of highly liquid reserves at operating expense rate▲ +16% vs prior filing year
Surplus margin
+53%
revenue over expenses, this year▲ +135% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.7M
FY2025▲ +317%
Expenses
$2.2M
FY2025▲ +154%
Total assets
$5.6M
FY2025▲ +192%
Total liabilities
$1.3M
FY2025▲ ×174
Total revenue
$4.7M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$4.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.5M
Total assetsPt X · Ln 16$5.6M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $1.9M of program spending, described in the organization's own filed words · FY2024.
01

Three Valleys Community Foundation hosts an annual State of Giving Gathering event that brings together donors, nonprofits, community leaders, elected officials, fundholders, corporate sponsors, and all who care about community to celebrate and award grants to nonprofits in support of their direct service work and to amplify their impact…

$1.6Mprogram expense
02

Three Valleys Community Foundation hosts a number of Donor Advised Funds that allow donors and families to engage in philanthropy and plan and direct their donations toward local causes and nonprofits according to their values and interests. 3VCF helps them plan their giving and introduces them to vetted nonprofits.

$299Kprogram expense
03

Three Valleys Community Foundation hosts an annual Power of Collaboration Corporate Challenge Campaign, a special challenge designed for corporations and businesses in our region to support community causes. Our 2023 campaign launched our girst grantmaking fund to target key community issues and strengthen 3VCF as a philanthropic anchor.

$58Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThree Valleys Community Foundation
EINHdr · item D87-1782380
Principal addressHdr · item CPleasanton, CA
WebsiteHdr · item J3vcf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$75,000Pt VII · Sec A
Director/ Secretary
$0Pt VII · Sec A
Treasurer/ CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Kelly Bowers’s $75K as Chief Executive Officer is at the 14th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Dr Kelly Bowers$75,000$75,000
Nelson Fialho$31,600$9,600
Dr Kelly Bowers$26,563

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$4.6M · 97%
Investment income$122K · 3%
Other revenue$29K · 1%
Contributions & grants97%$4.6M
Investment income3%$122K
Other revenue1%$29K
Total revenueLn 12$4.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$1.9M
Management & general13%$280K
Total functional expensesLn 25$2.2M

Balance Sheet

Part X · end of year
CashLn 1$461K
Total assetsLn 16$5.6M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$4.3M
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.6M · Operating expenses/yr $2.2M
30.1 months
Where the money goes
Program services
Program services $1.9M · Total expenses $2.2M
87%
Management & General
Management & general $280K · Total expenses $2.2M
13%
Fundraising
Fundraising $0 · Total expenses $2.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2.4M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4.6M · Total revenue $4.7M
97%
Government reliance
Government grants — · Total revenue $4.7M
Earned-income share
Program service revenue $0 · Total revenue $4.7M
0%
Investment reliance
Investment income $122K · Total revenue $4.7M
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.2M
0%
Growth & trend
Revenue growth (YoY)
This year $4.7M · Prior year $1.1M
+317%
Net-asset trend (YoY)
End of year $4.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.7M · Expenses $2.2M
+53%
Liabilities-to-Assets
Total liabilities — · Total assets $5.6M
Net-asset ratio
Net assets $4.3M · Total assets $5.6M
77%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.1M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $5.6M
92%
People & payroll
Highest Reported Total Compensation
Individual Dr Kelly Bowers · Reported title Chief Executive Officer · Highest reported compensation $75K · Total expenses $2.2M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $120K · Total expenses $2.2M
5%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth 317%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 10 funders →
Grants paid · 72 grants · $2.6M · 2021–2024
Youth UprisingCA · FY2024$150,000
Trybe INCCA · FY2024$150,000
Roots Community Health CenterCA · FY2024$125,000
Cal-Pep INCCA · FY2024$125,000
Tha TownFY2024$97,200
West Oakland Punks with LunchFY2024$94,741
Tri-Valley Haven for WomenCA · FY2024$90,950
City of Fremont Human ServicesFY2024$64,335
Make IT Home - Bay AreaCA · FY2024$40,000
Sunol Glen Community ClubFY2024$26,500
Opportunity Junction INCCA · FY2024$25,000
See all 72 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$4.7M revenue · viewing · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$312K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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