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Non-profit

Valley Health Foundation (VHF)

Website:

valleyhealthfoundation.org/
Location:

San Jose, CA
Tax ID:

77-0187890
Tax-Exempt Status:

501(c)(3)

Budget (2020):

Revenue: $25,875,500
Expenses: $21,523,259
Assets: $14,899,035
Type:

Healthcare Organization
Latest Tax Form:

2021 990 Form

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Valley Health Foundation (VHF) is a nonprofit that supports the Santa Clara County public health system. It was founded in 1988 under the name Valley Medical Center Foundation to support a public hospital, the Santa Clara Valley Medical Center. 1 It has formed partnerships and received grants from organizations and public entities such as the Gordon and Betty Moore Foundation 2 and the county of Santa Clara. 3

The president and executive director of the foundation Michael Elliot, was involved with major left-of-center organizations such as Working Partnerships USA. 4

Overview

From 2006 to 2009, Valley Health Foundation received $4.3 million in grants from the Gordon and Betty Moore Foundation,5 a left-of-center grant maker established by Intel founder Gordon Moore and his wife Betty 6 that has given over $5 billion in grants. 7

In 2021, Bloom Energy ran an event called the Stars and Strides 5k/10k charitable walk/run in San Jose. All proceeds from this event were donated to VHF. This event was sponsored by major organizations such as Silicon Valley Bank, Bank of America, HP, and NBC. 8

In November 2022, VHF partnered with the county of Santa Clara, California to administer its $10 million Community-Based Organization Grant Program (CBO), using the funds from the American Rescue Plan Act. Michael Elliot stated, “We will have a dedicated team in place to provide support during the application process and will continue to partner with and support grantees through the end of the program in September 2024.” 9

People

Michael Elliott is the president and executive director of Valley Health Foundation. He joined the foundation in 2007 and became the organization’s chief operating officer beginning in 2014. He became acting executive director in March 2021 and was appointed to the position permanently on January 1, 2022. Before joining the foundation, Elliott worked as a community organizer for Working Partnerships USA, 10 a left-of-center community and labor activist organization that works in San Jose, California and the broader Silicon Valley region. 11 He was also a member of the City Year San Jose/Silicon Valley sector of AmeriCorps, 12 a civil society program that funds $800 million in grants every year and is supported by foundations, corporations, the U.S. federal government, and other donors engaging adults in public service work. 13

References

  1. “Who We Are.” Valley Health Foundation. Accessed June 3, 2023. https://valleyhealthfoundation.org/about-us/
  2.   “Moore Foundation Awards $4.3 Million for Programs at Santa Clara Valley Medical Center.” Gordon and Betty Moore Foundation. Accessed June 3, 2023. https://www.moore.org/article-detail?newsUrlName=moore-foundation-awards-$4-3-million-for-new-technology-and-magnet-nursing-program-at-santa-clara-valley-medical-center
  3. “County of Santa Clara Launches $10 Million Community-Based Organization Grant Program.” County of Santa Clara. Last modified November 4, 2022. https://news.sccgov.org/news-release/county-santa-clara-launches-10-million-community-based-organization-grant-program
  4. “Michael Elliott.” Valley Health Foundation. Accessed May 31, 2023. https://valleyhealthfoundation.org/about-us/michael-elliott.html
  5. “Moore Foundation Awards $4.3 Million for Programs at Santa Clara Valley Medical Center.” Gordon and Betty Moore Foundation. Accessed June 3, 2023. https://www.moore.org/article-detail?newsUrlName=moore-foundation-awards-$4-3-million-for-new-technology-and-magnet-nursing-program-at-santa-clara-valley-medical-center
  6. “Our Founders.” Gordon and Betty Moore Foundation. Accessed June 3, 2023. https://www.moore.org/about/our-founders
  7. “Our Grantmaking.” Gordon and Betty Moore Foundation. Accessed June 3, 2023. https://www.moore.org/about/our-grantmaking
  8. “Bloom Energy Announces Stars and Strides 5K/10K Charity Run to Benefit the Valley Medical Center Foundation.” Endurance Sportswire. Last modified June 17, 2021. https://www.endurancesportswire.com/bloom-energy-announces-stars-and-strides-5k-10k-charity-run-to-benefit-the-valley-medical-center-foundation/
  9. “County of Santa Clara Launches $10 Million Community-Based Organization Grant Program.” County of Santa Clara. Last modified November 4, 2022. https://news.sccgov.org/news-release/county-santa-clara-launches-10-million-community-based-organization-grant-program
  10. “Michael Elliott.” Valley Health Foundation. Accessed May 31, 2023. https://valleyhealthfoundation.org/about-us/michael-elliott.html
  11. “Our Work.” Working Partnerships. Last modified April 26, 2023. https://wpusa.org/work/
  12. “Michael Elliott.” Valley Health Foundation. Accessed May 31, 2023. https://valleyhealthfoundation.org/about-us/michael-elliott.html
  13. “What We Do.” AmeriCorps. Accessed May 31, 2023. https://americorps.gov/about/what-we-do
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: November 1, 1988

    • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2020 Dec Form 990 $25,875,500 $21,523,259 $14,899,035 $467,879 N $25,686,590 $21,598 $110,800 $965,044
    2019 Dec Form 990 $4,569,405 $4,909,798 $9,785,623 $249,212 N $3,986,542 $263,562 $72,252 $911,375 PDF
    2018 Dec Form 990 $4,547,317 $6,023,157 $9,954,695 $288,052 N $4,011,069 $269,392 $29,523 $656,494 PDF
    2017 Dec Form 990 $5,222,461 $5,351,647 $11,578,113 $122,865 N $4,778,779 $430,876 $17,111 $747,726 PDF
    2016 Dec Form 990 $3,947,260 $5,765,151 $11,543,755 $267,085 N $3,502,190 $377,015 $47,056 $387,793 PDF
    2015 Dec Form 990 $7,292,077 $6,043,916 $13,396,886 $416,779 N $6,795,011 $426,197 $27,418 $362,654 PDF
    2014 Dec Form 990 $11,539,355 $7,403,662 $11,979,669 $211,584 N $10,978,575 $394,123 $111,700 $371,737 PDF
    2013 Dec Form 990 $5,489,468 $6,055,086 $8,360,665 $686,461 N $4,892,414 $502,403 $81,939 $352,342 PDF
    2012 Dec Form 990 $5,167,144 $6,398,418 $8,615,585 $446,012 N $4,442,480 $652,395 $39,412 $128,797 PDF
    2011 Dec Form 990 $10,594,484 $5,813,438 $10,525,074 $1,194,779 N $9,270,528 $1,103,633 $34,228 $111,794 PDF

    Additional Filings (PDFs)

    Valley Health Foundation (VHF)


    San Jose, CA