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The Valour Foundation is a private corporation based in DOVER, DE. The foundation received its IRS ruling in 2022. It holds total assets of $14.9M. Annual income is reported at $8.1M. Total assets have grown from N/A in 2022 to $14.9M in 2024. The foundation is governed by 3 officers and trustees. Tax records are available from 2022 to 2024. Grantmaking is concentrated in International. Contributions to this foundation are tax-deductible.
The Valour Foundation operates as a highly selective, invitation-only private grantmaker with no public application portal, no open RFPs, and no competitive grant cycles. Founded in September 2022 by the Yudofsky family — led by Dr. Stuart C. Yudofsky, Distinguished Professor Emeritus and former 25-year chair of the Menninger Department of Psychiatry at Baylor College of Medicine — the foundation's grantmaking is intellectually anchored in clinical neuropsychiatry and direct patient-care outcomes research.
Philosophy and Relationship Model
All grants emerge from board-driven identification, proactive site visits, and relationships within academic medicine and Texas mental health philanthropy networks. There is no formal LOI stage, no application form, and no announced review cycle. Organizations that attract Valour funding share a consistent profile: they either conduct hypothesis-driven medical research on neurodegenerative conditions, traumatic loss, or psychiatric disorders; or they deliver direct mental health services to under-resourced populations with documented clinical outcomes. The foundation's preference for concentrated, multi-year grants ($573K to $3M+) signals a 'build infrastructure, not programs' philosophy rather than a small-grants dispersal approach.
First-Time Applicant Reality
For organizations not already in the board's network, the path to funding runs entirely through relationship cultivation. Building visibility within Greater Houston's psychiatric and academic medical community — specifically through Baylor College of Medicine's psychiatry department, the Texas Medical Center, and Harris Health System networks — is the most actionable strategy. Geographic proximity to Houston matters considerably: known grantees DePelchin Children's Center, bigmoose, and SOS Silence of Suicide all connect to the Texas mental health market. The board's documented concern that Texas ranks last nationally in mental health access, with over 50% of diagnosed children receiving no treatment, provides meaningful context for this geographic emphasis.
What Stands Out
The foundation's $3 million, three-year commitment to DePelchin Children's Center (announced October 2023) illustrates the preferred partnership model: a multi-year transformational investment structured around specific, measurable population-level targets with ongoing reporting accountability. The board includes six directors — Peter Goddard (President/Secretary), Dr. Stuart Yudofsky, Beth Yudofsky, John Robins, Steven Hayden, and Dr. Marc Lockhart — all uncompensated, signaling mission-driven governance rather than professional foundation management. Organizations that can articulate systemic impact and present leadership credible within academic psychiatry are best positioned for consideration.
The Valour Foundation's financial trajectory reflects a contributions-driven philanthropic vehicle in its early scaling phase. In FY2022 (startup year, ruling date September 2022), total assets were essentially $0 and no grants were made. By FY2023, the foundation had received $10.5 million in contributions, total assets reached $47.2 million, and grants paid totaled $10.1 million across 7 awards — a near-complete deployment of annual contributions. In FY2024, revenue was $8.1 million with approximately $7.7 million disbursed across 6 grants (charitable disbursements representing 99.6% of expenses), and total assets contracted sharply to $14.9 million.
Grant Size and Concentration
The documented grant range is $24,149 to $2,500,000. With $10.1M disbursed across 7 grants in FY2023, the implied average grant is approximately $1.4 million. The confirmed $3M commitment to DePelchin was structured as approximately $1M/year over 3 years — reflecting Valour's preference for multi-year relationships rather than one-time awards. The $24,149 floor likely represents small complementary or inaugural awards, while the $2.5M maximum reflects anchor grants to flagship organizations.
Program Area Distribution
Two grant tracks operate in parallel: Medical Research Grants fund hypothesis-driven research on neurodegenerative conditions, traumatic loss, and psychiatric disorders; Charity Partnerships support direct-service organizations with measurable mental health impact for under-resourced populations. Confirmed Charity Partnership grantees are DePelchin Children's Center (Houston, TX), bigmoose, and SOS Silence of Suicide. No academic medical center grantees for the Research track have been publicly identified, though the board's Baylor College of Medicine connections strongly suggest this as an active channel.
Geography and Trends
990 analysis identifies Texas and California as primary grantee states. Annual giving is expected to continue at $7-10M given FY2024 revenue of $8.1M and the foundation's near-100% charitable disbursement payout. The dramatic asset decline from $47.2M to $14.9M between FY2023 and FY2024 — a reduction of approximately $32.3 million — warrants monitoring, as future grantmaking capacity depends entirely on ongoing donor contributions rather than endowment investment returns.
The five asset-comparable peer foundations in Granted's database share similar asset profiles ($14.87M–$14.89M) within the Philanthropy & Grantmaking NTEE category. None maintain active public websites, limiting direct comparison of application processes and stated priorities.
| Foundation | State | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| The Valour Foundation | DE | $14.9M | $7.7M–$10.1M (actual) | Mental health & neurodegenerative research | Invitation only |
| Leonard M Tannenbaum Foundation | FL | $14.9M | ~$745K (est.) | Philanthropy & Grantmaking | Unknown |
| Hoopes Family Foundation Inc. | NY | $14.9M | ~$745K (est.) | Philanthropy & Grantmaking | Unknown |
| Dhyani Foundation | NY | $14.9M | ~$745K (est.) | Philanthropy & Grantmaking | Unknown |
| Duane And Marci Shaw Foundation Inc. | UT | $14.9M | ~$745K (est.) | Philanthropy & Grantmaking | Unknown |
*Peer annual giving estimates based on the standard 5% minimum payout rate; actual figures not publicly available for peer foundations.*
The Valour Foundation is a dramatic outlier among same-asset peers. While a typical $14.9M private foundation would disburse approximately $745K annually at a standard 5% payout rate, Valour distributed $7.7M–$10.1M annually in FY2023-FY2024 — roughly 10-13x the asset-equivalent giving rate. This reflects Valour's contributions-driven operating model: it functions as a philanthropic pass-through that deploys near-100% of annual donor contributions as grants, rather than preserving and growing an endowment. Grant seekers should benchmark Valour against mid-major funders in the mental health research space ($5M-$15M annual giving range), not against other foundations with similar balance sheets.
The foundation's most publicly documented activity is its $3 million, three-year grant to DePelchin Children's Center in Houston, TX, announced October 10, 2023. Director Beth Yudofsky stated: 'We are delighted to grant $3 million to DePelchin... empowering them to significantly expand access to counselling services.' The grant funded school-based counseling expansion across 18 schools (projected 120 additional students annually), office-based and virtual counseling targeting 200 new families in year one, and a crisis counseling and triage center aiming for a 50% reduction in wait times.
The 2023 grantmaking cycle also supported bigmoose — a mental health charity credited by 52 individuals with saving their lives — and SOS Silence of Suicide, which has achieved significant organizational growth since 2017. Specific grant amounts for these recipients have not been publicly disclosed.
The foundation maintains a LinkedIn presence with posts highlighting #mentalhealthresearch and #medicalresearch breakthroughs, but no new grant announcements appear from 2025 or 2026. The website (thevalourfoundation.com) has an expired SSL certificate as of July 2026, indicating limited active digital communications. No leadership changes, new program announcements, or strategic pivots have been documented in 2025-2026. The board — Peter Goddard (President/Secretary), Dr. Stuart Yudofsky, Beth Yudofsky, John Robins, Steven Hayden, and Dr. Marc Lockhart — appears stable, with all directors uncompensated. The FY2024 990 shows $8.1M in revenue and approximately $7.7M in charitable disbursements across 6 grants.
Because The Valour Foundation does not accept unsolicited proposals, grant seekers must focus entirely on relationship cultivation rather than proposal development. The following tips are specific to Valour's documented operating model:
1. Accept the invitation-only structure — it is absolute. Sending proposals to unstoppable@thevalourfoundation.com or cold-contacting board members is documented as ineffective. The foundation explicitly states it cannot respond to unsolicited requests. Persisting wastes resources and may damage future prospects.
2. Enter through Baylor College of Medicine. Dr. Stuart Yudofsky chaired BCM's Menninger Department of Psychiatry for nearly 25 years and remains a Distinguished Professor Emeritus. Publishing in *The Journal of Neuropsychiatry and Clinical Neurosciences*, collaborating with BCM psychiatry faculty, or presenting at BCM-affiliated conferences creates organic professional proximity without requiring direct outreach.
3. Build a measurable clinical outcomes framework. The DePelchin grant was structured around specific targets: 120 additional students annually, 200 families in year one, 50% reduction in crisis wait times. Organizations should develop comparably rigorous frameworks — measuring health outcomes such as symptom reduction rates, hospitalization avoidance, and functional improvement, not inputs like sessions delivered.
4. Use precise vocabulary. Mirror the foundation's language: 'hypothesis-driven research,' 'neurodegenerative conditions,' 'traumatic loss,' 'cognitive, behavioral, and emotional disorders,' 'mental health stigma reduction,' and 'under-resourced populations.' Generic mental health awareness language signals misalignment with the board's clinical orientation.
5. Demonstrate systemic scale, not program delivery. Valour prefers investments that create structural change — a hospital unit transformation, a city-wide counseling capacity expansion, a crisis system redesign — not incremental program extensions. The DePelchin model (three simultaneous service channels transformed in parallel) is instructive.
6. Stay geographically proximate to Houston. Texas-based organizations, or those with strong Texas partnerships, should emphasize this connection. Texas's documented last-place ranking nationally in mental health access — with more than 50% of children with mental illness diagnoses receiving no treatment — is a motivating frame for the board.
7. Be site-visit ready at all times. The board is documented to conduct proactive site visits as part of grantee identification. Facilities, program leadership, and outcome data should be presentable to visitors on short notice without advance scheduling.
8. Plan for multi-year accountability. Confirmed grants are multi-year commitments. Demonstrate organizational stability, a multi-year project plan, and a track record of transparent impact reporting. Renewal prospects depend on delivering against the specific targets promised at the outset.
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Funds hypothesis-driven medical research with emphasis on neurodegenerative conditions, traumatic loss, and mental health disorders
Provides financial support to organizations making meaningful impacts in mental health
The Valour Foundation's financial trajectory reflects a contributions-driven philanthropic vehicle in its early scaling phase. In FY2022 (startup year, ruling date September 2022), total assets were essentially $0 and no grants were made. By FY2023, the foundation had received $10.5 million in contributions, total assets reached $47.2 million, and grants paid totaled $10.1 million across 7 awards — a near-complete deployment of annual contributions. In FY2024, revenue was $8.1 million with appro.
The Valour Foundation operates as a highly selective, invitation-only private grantmaker with no public application portal, no open RFPs, and no competitive grant cycles. Founded in September 2022 by the Yudofsky family — led by Dr. Stuart C. Yudofsky, Distinguished Professor Emeritus and former 25-year chair of the Menninger Department of Psychiatry at Baylor College of Medicine — the foundation's grantmaking is intellectually anchored in clinical neuropsychiatry and direct patient-care outcome.
The Valour Foundation is headquartered in DOVER, DE.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Beth Yudofsky | Director | $0 | $0 | N/A |
| Stuart Yudofsky | Director | $0 | $0 | N/A |
| Peter Goddard | Director and President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.9M
Fair Market Value
N/A
Net Worth
N/A
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.