Private Foundation · CA · Housing Development & Management
Valley Initiative For Affordable Housing
Merced, CA · EIN 510487297 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$554K
Total Giving
—
Grants on File
0
Average Grant
—
Giving Radius
Where Valley Initiative For Affordable Housing Has Given
Section I
How to Apply
Application package should include: 1. Project description 2. Pro forma budget 3. Sources and uses of funds statement 4. Copies of any applications for funds submitted to other entities or agreements already in place 5. Entity organizing documents, such as corporate articles of incorporation and bylaws, exempt organization 501(c)(3) IRS determination letter, partnership or LLC operating agreement, board resolutions to apply for project funds from Valley Initiative for Affordable Housing, appointed document signers, etc. 6. Certificate of good standing with the state (if applicant is a corporation or LLC) 7. Resumes for all key parties in the transaction, such as CEO, nonprofit board members, partners or LLC members, etc.
On Unsolicited Proposals yes
Restrictions
Awards are limited to the development, maintenance, or promotion of affordable housing in the state of California.
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $510K | $13K | $61K | $23K |
| 2022 | $473K | $10K | $68K | $20K |
| 2021 | $3.5M | $8K | $99K | $26K |
| 2020 | $3.4M | $7K | $93K | $48K |
| 2019 | $3.3M | $5K | $48K | $29K |
| 2015 | $91K | $4K | $22K | $27K |
| 2014 | $97K | $5K | $59K | $41K |
| 2013 | $78K | $4K | $75K | $59K |
| 2012 | $2.8M | $123 | $54K | $52K |
| 2011 | $2.8M | $1K | $1.9M | $80K |
Section VII
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