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, 2022, 341 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 Ida and Tornado Relief in Meraux. During the tax year ended September 30, 2022, 75 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 |
---|
Joe Gorder | Chairman and Chief Executive Officer / Chairman of the Board / Chairman , President and Chief Executive Officer | | 2021-01-06 |
Joseph W Gorder | Chief Executive Officer and President | $0 | 2022-09-30 |
Lane Riggs | President and Chief Operating Officer / Executive Vice President - Refining Operations and Engineering | | 2021-01-06 |
Jason W Fraser | Executive Vice President and Chief Financial Officer | $0 | 2022-09-30 |
Gary K Simmons | Executive Vice President and Chief Commercial Officer / Senior Vice President - Supply | $0 | 2022-09-30 |
...and 20 more key personnel |
Financials for Valero Energy Foundation
Revenues | FYE 09/2022 | FYE 09/2021 | % Change |
---|
Total grants, contributions, etc. | $20,607,821 | $14,680,746 | 40.4% |
Program services | $0 | $0 | - |
Investment income and dividends | $0 | $0 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $296,883 | $134,938 | 120% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $-11,528,738 | $-5,788,428 | -99.2% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $9,375,966 | $9,027,256 | 3.9% |
Organizations like Valero Energy Foundation
Organization | Type | Location | Revenue |
---|
Red Tab Foundation | 501(c)(3) | San Francisco, CA | $2,631,009 |
Wellington Management Foundation | 501(c)(3) | Boston, MA | $15,149,104 |
Children's Hospital and Medical Center Foundation | 501(c)(3) | Omaha, NE | $27,549,600 |
Pritzker Family Philanthropic Fund | 501(c)(3) | Chicago, IL | $32,170,397 |
Rethink Charity | 501(c)(3) | Mineral, VA | $5,137,197 |
New Horizons Foundation | 501(c)(3) | Colorado Springs, CO | $42,722,124 |
The Hometown Foundation | 501(c)(3) | Cheshire, CT | $3,709,489 |
Dr Gertrude A Barber Foundation | 501(c)(3) | Erie, PA | $11,316,419 |
Hurley Foundation | 501(c)(3) | Flint, MI | $5,293,849 |
Hope Haven Support Foundation | 501(c)(3) | Rock Valley, IA | $3,667,660 |
Data update history
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 26, 2023
Received grants
Identified 1 new grant, including a grant for $77,500 from Air Products Foundation September 24, 2023
Used new vendors
Identified 2 new vendors, including , and
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Fundraising eventsOperates internationallyNational levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
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
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