EIN 76-0734171

Golden Valley Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Golden Valley Community Foundation enhances the quality of life in the city by improving neighborhoods and supporting local nonprofits through grants and special projects. Despite the COVID-19 pandemic, they have maintained the pollinator garden on the campus of the Golden Valley city hall with a grant. In 2021, a contractor was hired for its upkeep. The "international day" celebration at the local farmers market resumed following significant curtailment due to COVID-19. This event celebrates cultural diversity among community residents and features multicultural children's activities.
Total revenues
$50,424
2022
Total expenses
$62,275
2022
Total assets
$97,166
2022
Num. employees
0
2022

Program areas at Golden Valley Community Foundation

International day at the Golden Valley farmers market/fundraiser for the ukraine. International day is an annual event held in in coordination with the Golden Valley farmers market. The goal of the event is to celebrate the diversity of the Community and to acknowledge foreign-born immigrants to the Community. In 2022, funds were collected to send to the ukraine. Funds that were raised through a silent auction and outright donations were sent to global synergy group for distribution to humanitarian relief in the ukraine. Entertainment is provided by musical groups that feature world music and activities, like chinese lion dancers. Children's activities are provided at the event and this year there was a focus on books for children that celebrate diversity. Books are shared through a little free library that was set-up in one of the city parks.
Social impact advocacy fund - in 2021 some donors requested that the gv Community Foundation establish a fund to donate to organizations that have a social well- being component to their charters. In 2022, the gv Community Foundation made gifts to 21 organizations that have a mission to promote well-being in the Community. Some of the organizations that received gifts from the gv Community Foundation were prism (people responding in social ministry), the local food shelf; st. joan of arc church - peace & justice fund; hopkins westwind Community band; groves learning center; homes for our troops; and rebuilding together, twin cities.
Small sparks grants 2022 - this program funds small initiatives in the Community. Individuals, clubs, educators, and organizations can apply for grants up to $1,000 per event planned. In 2022, through this program, the gv Community Foundation funded bi-weekly yoga at the gv farmers market; a music series at senior residences within the city; and scholarships for children enrolled in the ymca's early childhood learning center, located in a neighboring city, but which serves Golden Valley residents.
In 2022, the Golden Valley Community Foundation held a sustainability event at the Golden Valley farmers market. Organizations were invited to attend and talk to guests of the farmers market about sustainability. Member of the Community who own hybrid or electric vehicles were invited to bring their vehicles and talk with guests about their vehicles and their experience owning a hybrid or ev. Other organizations that were invited to attend were the city of Golden Valley, the local watershed district, the local solid waste hauler and recycling service provider, the local utility company, a local home furnishing retailer, who focuses on sustainable home furnishings and other organizations. This was the first time this event has been held since the covid-19 health emergency. Expenses incurred by this project were $2,354.92. Expenses consisted mainly for advertising, event signage and purchase of reuseable tote bags to hand out to guests.

Grants made by Golden Valley Community Foundation

GranteeGrant descriptionAmount
People Responding in Social MinistryAssist Local Non Profit Facing Higher Demand Because of Covid$10,000
Help at Your DoorAssist Local Non Profit Facing Higher Demand Because of Covid$6,000

Who funds Golden Valley Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rohde FoundationCharitable$119

Personnel at Golden Valley Community Foundation

NameTitleCompensation
Dean PenkBoard Chairperson$0
John MarshallVice President$0
Linda LoomisTreasurer$0
John RichardsonSecretary / Director$0
Ellie LewisSecretary$0

Financials for Golden Valley Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$45,995
Program services$4,416
Investment income and dividends$13
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$50,424

Form 990s for Golden Valley Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122022-03-24990View PDF
2018-122022-03-17990View PDF
...and 1 more Form 990

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Buffalo Renaissance FoundationBuffalo, NY$221,606
Fall Creek Area FoundationFall Creek, WI$108,056
Rotary Club of Lowell Community FoundationLowell, MI$43,895
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Data update history
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 4 new personnel
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Human servicesCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
316 Brookview Pkwy S 144
Golden Valley, MN 55426
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
gvcfoundation.org/ 
Phone
(612) 440-4823
IRS details
EIN
76-0734171
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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