Three Valleys Community Foundation FY2022 filing

Tax-deductible

Pleasanton, CA501(c)(3)Foundations & GrantmakersEIN 87-1782380

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Three Valleys Community foundation's mission is to strengthen the tri valley region through inclusive leadership, thoughtful funding, informed giving, and collaborative action.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$10K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $1.1M a year · 53% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$10K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $346K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$312K
Spent
$123K
To programs
67%
Net assets
$187K
By yearFY2022–FY2025
Revenue
$312K
FY2022
Revenue by fiscal year
FY2022$312K
FY2023$1.9M
FY2024$1.1M
FY2025$4.7M
Expenses
$123K
FY2022
Expenses by fiscal year
FY2022$123K
FY2023$527K
FY2024$875K
FY2025$2.2M
Net assets
$187K
FY2022
Net assets by fiscal year
FY2022$187K
FY2023$1.5M
FY2024$1.9M
FY2025$4.3M

From the FY2022 Form 990 (year ending March 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $83K Management & general 33% · $40K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $10K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Interim Chief Executive Officer
$9,600Pt VII · Sec A
Director/ Secretary
$0Pt VII · Sec A
Treasurer/ CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chairperson / President
$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 1690 $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.

See Three Valleys Community Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Strengthens the region through leadership, funding, giving, and collaboration.

Provided by the organization

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2 program services account for $83K of program spending, described in the organization's own filed words · FY2021.
01

3VCF provides direct support to community organizations. The first - the annual pleasanton weekly holiday fund (NOV/DEC 2021) raised $80.000 for 8 local nonprofit organizations in the tri-valley REGION.THE second - the dublin fallen officers fund came at the bequest of the city of dublin, to support public interest in honor of a peace…

$81Kprogram expense
02

In addition to the community grantmaking identified above, 3VCF partners on several private donor advised funds (dafs) these individual funds provide donors with the ability to support local interests and qualified non-profit organizations. 3VCF provides the due-diligence oversite required with the fund distributions.

$2Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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 →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$312K
Ln 12
Gifts and grantsLn 1h$314K
Investment incomeLn 3$377
Money outPt IX
$123K
Ln 25
Programscol B$83K
Managementcol C$40K
Owns and owesPt X
$187K
net assets · Ln 32
Cash and savingsLn 1–2$57K
Total assetsLn 16$187K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$314K
Government grantsLn 1e$50K
Investment incomeLn 3$377
Total revenueLn 12$312K
Assets in detailPt X, end of year
CashLn 1$57K
Cash and savings togetherLn 1–2$57K
InvestmentsLn 11–13$97K
Total assetsLn 16$187K
LiabilitiesLn 26$0
Net assetsLn 32$187K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$57K
InvestmentsLn 11–13$97K
Total assetsLn 16$0$187K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$187K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$80K$80K
Pay of current officers, directors and key staffLn 5$10K$10K
Other salaries and wagesLn 7$500$500
Legal feesLn 11b$24K$24K
Other fees for servicesLn 11g$5K$2K$2K
Office expensesLn 13$700$700
InsuranceLn 23$764$764
Other expenses (24a–d)Ln 24$2K$799$2K
Total functional expensesLn 25$123K$83K$40K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.7M$2.2M$2.5M$4.3M 990 PDF
FY2024 $1.1M$875K$253K$1.9M 990 PDF
FY2023 $1.9M$527K$1.3M$1.5M 990 PDF
FY2022 Viewing $312K$123K$189K$187K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $312,302 across 6 lines filed
VIII-1e Government grants$50,000
VIII-1f All other contributions, gifts and grants$263,542
VIII-1h Total contributions, gifts and grants$313,542
VIII-3 Investment incomeExcluded from tax $377$377
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$1,617−$1,617
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$1,240$312,302
Part IX · Statement of functional expenses $123,495 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $80,000$80,000
IX-5 Pay of current officers, directors and key staffManagement $9,600$9,600
IX-7 Other salaries and wagesManagement $500$500
IX-11b Legal feesManagement $24,458$24,458
IX-11g Other fees for servicesPrograms $2,500 · Management $2,500$5,000
IX-13 Office expensesManagement $700$700
IX-23 InsuranceManagement $764$764
IX-24 Other expenses (24a–d)Programs $799 · Management $1,674$2,473
IX-25 Total functional expensesPrograms $83,299 · Management $40,196 · Fundraising $0$123,495
Part X · Balance sheet $186,804 assets, 7 lines filed
X-1 Cash, non-interest-bearing$56,714
X-3 Pledges and grants receivable$33,333
X-11 Publicly traded securities$96,757
X-16 Total assetsStart of year $0$186,804
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$186,804
X-33 Total liabilities and net assetsStart of year $0$186,804
Part XI · Reconciliation of net assets $186,804 net assets at year end
XI-1 Total revenue$312,302
XI-2 Total expenses$123,495
XI-3 Revenue less expenses$188,807
XI-5 Net unrealized gains (losses) on investments−$2,003
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$186,804

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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