Program areas at Valero Energy Foundation
The Valero Energy Foundation raises funds for the purposes of making charitable grants to nonprofit organizations that serve, children, adults and families, in the areas of food insecurity and basic needs, virtual education and digital support/laptops to improve access for underserved kids and children living in poverty, child abuse and mental health services, and improved health care services in underserved neighborhoods where Valero Energy has major operations. During the tax year ended September 30, 2023, 345 charities received grants from the Foundation.
The SAFE Fund provides assistance to individuals who have a significant charitable need resulting from an unexpected natural disaster such as a hurricane, tornado or flood, or are experiencing a demonstrable financial hardship related to a home fire, serious illness, or death in the family. Grants are available to affected qualifying current and future employees of Valero Energy Corporation. This fiscal year, several grants were targeted for Hurricane and Tornado Relief. During the tax year ended September 30, 2023, 15 individuals received assistance from the SAFE Fund.
Who funds Valero Energy Foundation
Grants from foundations and other nonprofits
Personnel at Valero Energy Foundation
Name | Title | Compensation | Date of data |
---|
Joseph W Gorder | Chief Executive Officer | $0 | 2023-09-30 |
R Lane Riggs | President , Chief Executive Officer | $0 | 2023-09-30 |
Gary K Simmons | Executive Vice President and Chief Operating Officer | $0 | 2023-09-30 |
Jason W Fraser | Executive Vice President and Chief Financial Officer | $0 | 2023-09-30 |
Cheryl L Thomas | Senior Vice President and Chief Information Officer | $0 | 2023-09-30 |
...and 11 more key personnel |
Financials for Valero Energy Foundation
Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
---|
Total grants, contributions, etc. | $22,650,644 | $20,607,821 | 9.9% |
Program services | $0 | $0 | - |
Investment income and dividends | $0 | $0 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $209,870 | $296,883 | -29.3% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $-12,558,010 | $-11,528,738 | -8.9% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $10,302,504 | $9,375,966 | 9.9% |
Organizations like Valero Energy Foundation
Organization | Type | Location | Revenue |
---|
Dr Gertrude A Barber Foundation | 501(c)(3) | Erie, PA | $6,781,003 |
Wellington Management Foundation | 501(c)(3) | Boston, MA | $5,586,457 |
Red Tab Foundation | 501(c)(3) | San Francisco, CA | $3,089,667 |
The Citizens Foundation USA (TCF-USA) | 501(c)(3) | Houston, TX | $18,303,365 |
NRA Foundation | 501(c)(3) | Fairfax, VA | $34,224,215 |
Gundersen Lutheran Medical Foundation | 501(c)(3) | La Crosse, WI | $32,133,183 |
The Hometown Foundation | 501(c)(3) | Cheshire, CT | $4,447,184 |
Our Change Foundation | 501(c)(3) | San Francisco, CA | $2,753,655 |
Laureus Sport for Good Foundation USA | 501(c)(3) | New York, NY | $9,947,466 |
VH1 Save The Music Foundation | 501(c)(3) | New York, NY | $8,798,203 |
Data update history
September 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 2 new vendors, including , and
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCorporate foundationsCharities
Issues
No issues found
Characteristics
Fundraising eventsOperates internationallyNational levelCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- PO Box 696000 Attn Corp Tax
- San Antonio, TX 78269
- Metro area
- San Antonio-New Braunfels, TX
- County
- Bexar County, TX
- Website URL
- valero.comÂ
- Phone
- (210) 345-2000
IRS details
- EIN
- 74-2904514
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1999
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Delinquent
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0287871
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2024-12-18
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