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Valley News Charity Fund is a private corporation based in MANKATO, MN. The foundation received its IRS ruling in 1985. It holds total assets of $1.1M. Annual income is reported at $135K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Valley News Charity Fund has made 134 grants totaling $132K, with a median grant of $750. Annual giving has grown from $46K in 2020 to $86K in 2022. Individual grants have ranged from $200 to $6K, with an average award of $987.381. The foundation has supported 56 unique organizations. The foundation primarily supports organizations in Minnesota, Florida, Texas, which account for 98% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$750
Average Grant
$980
Largest Grant
$5K
Based on 44 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Valley News Charity Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 134 grants. Its grantmaking reaches organizations primarily in MN, FL, TX.
Valley News Charity Fund has distributed a total of $132K across 134 grants. The median grant size is $750, with an average of $987.381. Individual grants have ranged from $200 to $6K.
Valley News Charity Fund typically selects its grantees rather than accepting unsolicited proposals.
Valley News Charity Fund is headquartered in MANKATO, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Troy Leiferman | President | $0 | $0 | N/A |
| Margaret Leiferman | Secretary | $0 | $0 | N/A |
Total Giving
$55K
Total Assets
$1.1M
Fair Market Value
$977K
Net Worth
$1.1M
Grants Paid
$52K
Contributions
$3K
Net Investment Income
$31K
Distribution Amount
$47K
Total Grants
134
Total Giving
$132K
Average Grant
$987.381
Median Grant
$750
Unique Recipients
56
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| House Of HopeUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| On Course FoundationUnrestricted General Use | Orlando, FL | $5K | 2022 |
| Minnesota State University FoundationUnrestricted General Fund | Mankato, MN | $4K | 2022 |
| Mankato Area United WayUnrestricted General Fund | Mankato, MN | $4K | 2022 |
| Minnesota State UniversityAthletic Department | Mankato, MN | $2K | 2022 |
| South Central College - Mankato FoundationUnrestricted General Fund | North Mankato, MN | $2K | 2022 |
| Tee It Up For The TroopsUnrestricted General Fund | Mankato, MN | $2K | 2022 |
| Bethany Lutheran College & Seminary IncUnrestricted General Use | Mankato, MN | $2K | 2022 |
| Feeding Our Communities PartnersUnrestricted General Fund | North Mankato, MN | $2K | 2022 |
| Kiwanis Club Of Ne MinneapolisUnrestricted General Fund | Minneapolis, MN | $1K | 2022 |
| Twin Rivers Council For The ArtsUnrestricted General Fund | Mankato, MN | $1K | 2022 |
| Children'S Museum Of Southern MinnesotaUnrestricted General Fund | Mankato, MN | $1K | 2022 |
| Mankato Youth PlaceUnrestricted General Fund | Mankato, MN | $1K | 2022 |
| One Bright StarUnrestricted General Fund | Mankato, MN | $1K | 2022 |
| Mankato Area FoundationUnrestricted General Fund & Hockey Day | Mankato, MN | $1K | 2022 |
| Junior AchievementUnrestricted General Fund | Mankato, MN | $800 | 2022 |
| Open Door Health CenterUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| CadaUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| Holiday Sharing TreeUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| Salvation Army Of MankatoUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| Echo Food ShelfUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| VineUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| Mankato Rehabilitation Center Inc FoundationUnrestricted General Fund | Mankato, MN | $750 | 2022 |
| Habitat For HumanityUnrestricted General Fund | Mankato, MN | $500 | 2022 |
| Mankato YwcaUnrestricted General Fund | Mankato, MN | $500 | 2022 |
| Partners For Affordable HousingUnrestricted General Fund | Mankato, MN | $500 | 2022 |
| Mankato Area Lacrosse AssociationUnrestricted General Fund | North Mankato, MN | $500 | 2022 |