Valley Health Foundation

Nonprofit profile at a glance

EIN
770187890
IRS 990 coverage
2011–2024
Official website data refreshed
Jul 2026
Forms available
Form 990 2024
Location
San Jose, CA, USA
Phone
(408) 282-1748
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$17,304,887
Expenses
$17,421,753
Assets
$23,886,607
Liabilities
$4,666,535

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • MICHAEL ELLIOTT (PRESIDENT & EXECUTIVE DIRECTOR)
  • CAMIE VANKEUREN (VICE PRESIDENT OF PHILANTHROPHY)

Highest reported compensation

  • MICHAEL ELLIOTT (PRESIDENT & EXECUTIVE DIRECTOR): $291,120 total reported compensation
  • CHRISTINA SALVATIER (CHIEF FINANCIAL OFFICER): $239,098 total reported compensation
  • CAMIE VANKEUREN (VICE PRESIDENT OF PHILANTHROPHY): $207,616 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To strengthen Santa Clara County's health system by turning generosity into meaningful impact, supporting the people, programs, and innovations that ensure quality care for all.

What it reported doing in 2024

Valley health foundation (vhf) ("vhf") is a non-profit leader in community health and healthcare that fundraises to support, innovate, and advocate for better health for all in santa clara county. Vhf helps patients, families, and dedicated healthcare professionals who serve in public healthcare facilities in santa clara county. Vhf is for santa clara valley medical center ("scvmc"), o'connor hospital, st. Louise regional hospital ("slrh"), 14 primary and specialty care health centers, santa clara county public health, behavioral health services, and custody health. Vhf also supports many community-based programs and services that share our mission to ensure better health for all.the following are vhf's major programs and activities: susanne b. Wilson women and children's center delivers comprehensive care located on the santa clara valley medical center campus, susanne b. Wilson women and children's center provides comprehensive care all under one roof including a mother and baby unit, neonatal intensive care unit (nicu), and pediatric intensive care unit (picu). It is named in honor of former santa clara county supervisor susie wilson, a trailblazer leader and champion of healthcare for all. Thanks to the generosity of donors, valley health foundation has supported efforts to ensure the women and children's center is a welcoming space for the families and children it serves. Most recently, this includes a new library and outdoor patio that is open to patients and families during their inpatient stay. The library space provides a variety of books for youth of all ages that patients can enjoy. The colorful spaces mirror other art installations and spaces in the women and children's center (including the like a multivitamin" installation in its courtyard). The women and children's center also unveiled a new art installation named "sentia" in 2023. Created by german artist christian moeller, the 30-foot-tall kinetic sculpture is inspired by wildlife, such as the drinking bird or stork. Greeting patients from the roof, sentia is a welcoming centerpiece for patients, especially children, as they arrive at the women and children's center. Fleet of new ambulances assist with transport santa clara valley healthcare (scvh) has rolled out a welcome new ambulance fleet to help make sure everyone gets the emergency care they need, right when they need it. Last may, scvh introduced these ambulances to cut down on patient transport times across the public healthcare system. This means quicker transfers between the three public hospitals and other facilities like clinics, behavioral health, custody health services, and more.reach out and read integrates books with pediatric care we help champion the powerful bond between books and children, much like the classic pairing of milk and cookies only far healthier and essential for child development. To further this mission, vhf has joined forces with reach out and read, an initiative through which an astounding 41,470 books have been distributed across seven santa clara county clinics over the past two years.high resolution screen helps guide device insertion for burn patients thanks to the supporters of the valley health foundation michael van every burn fund in 2024, the burn center at santa clara valley medical center and st. Louise regional hospital's icu received new equipment for high-quality, patient-centered care. In burn care, infection prevention is crucial for recovery. To assist in wound management, the burn center received the moleculight dx fluorescence imaging device. This handheld device accurately measures wounds and detects bacteria early, providing clinicians with detailed images and data for informed care without touching the patient.response to health needs in the county in 2023, vhf partnered with the santa clara county public health department to repurpose the covid-19 "vax mobile" into a general purpose mobile vaccine unit. Through generous donations, over 83,000 covid-19

Operating model

Revenue model
Grant-funded. 68% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 91
  • Accountability: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 84.8%; rating input score 85
  • Fundraising efficiency: $13.12 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 51st percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 85.7% of revenue deployed · 84.8% of spending went to programs
  • Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $14.8M in reported program spending
  • Leadership: top reported pay $291K · 21 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $703K reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 51 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • High — Sustainability: Operating margin scored 28/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.