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Golden Valley Community Foundation

EIN 76-0734171 · Golden Valley, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO ENHANCE THE QUALITY OF LIFE, IMPROVING OUR NEIGHBORHOODS AND CITY. WE SUPPORT A VARIETY OF LOCAL NONPROFITS THROUGH GRANTS AND SPECIAL PROJECTS.

Income
$83,474
Spending
$57,204
Reserves
32.4 months of spending
Largest source of income
fees for its services, 59%

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 87% of charities in its peer group (human services, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 32.4 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 31% of income.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $2,577 spent. GVCF FUNDED INTERNATIONAL DAY AT THE GOLDEN VALLEY FARMERS MARKET. INTERNATIONAL DAY IS AN ANNUAL EVENT HELD IN COORDINATION WITH THE GOLDEN VALLEY FARMERS MARKET. THE GOAL OF THE EVENT IS TO CELEBRATE THE DIVERSITY OF THE COMMUNITY AND TO ACKNOWLEDGE FOREIGN-BORN IMMIGRANTS TO THE COMMUNITY. ENTERTAINMENT IS PROVIDED BY MUSICAL GROUPS THAT FEATURE WORLD MUSIC AND ACTIVITIES, LIKE CHINESE LION DANCERS. CHILDREN'S ACTIVITIES ARE PROVIDED AT THE EVENT. A PROGRAM STARTED IN 2022 TO SHARE CHILDRENS BOOKS THAT CELEBRATE DIVERSITY AND SHARE THEM THROUGH A LITTLE FREE LIBRARY CONTINUED THIS YEAR.
  2. $4,771 spent. SMALL SPARKS GRANTS CONTINUED IN 2024 - SMALL SPARKS GRANTS FUND COMMUNITY INITIATIVES UP TO $1,000 THAT MIGHT NOT FIND FUNDING. GRANTS AWARDED IN 2024 FUNDED PROJECTS LIKE WEEKLY FREE YOGA CLASSES AT THE FARMERS MARKET, A YOUNG PERSON CONCERT WITH THE GOLDEN VALLEY ORCHESTRA, SPRINGBOARD FOR THE ARTS; SCHOLARSHIPS FOR CHILDREN ENROLLED IN THE YMCA'S EARLY CHILDHOOD LEARNING CENTER, LOCATED IN A NEIGHBORING CITY, BUT WHICH SERVES GOLDEN VALLEY RESIDENTS; FUNDED A LOCAL CHORALE GROUP THAT PROVIDES FREE CONCERTS IN THE COMMUNITY; AND PROVIDING SUPPLIES FOR A SERVICE NIGHT AT MEADOWBROOK ELEMENTARY SCHOOL.
  3. $4,000 spent. SOCIAL IMPACT ADVOCACY FUND, WHICH STARTED IN 2021, FUNDS ORGANIZATIONS THAT HAVE A SOCIAL WELL-BEING COMPONENT TO THEIR MISSIONS. IN 2024, THE GV COMMUNITY FOUNDATION MADE GIFTS TO 15 ORGANIZATIONS THAT HAVE A MISSION TO PROMOTE WELL-BEING IN THE COMMUNITY. SOME OF THE ORGANIZATIONS THAT RECEIVED GIFTS FROM THE GV COMMUNITY FOUNDATION WERE PRISM (PEOPLE RESPONDING IN SOCIAL MINISTRY), THE LOCAL FOOD SHELF; ST. JOAN OF ARC CHURCH - PEACE & JUSTICE FUND; GROVES LEARNING CENTER; MINNEAPOLIS CRISIS NURSERY; DAMASCUS WAY; JUNIOR ACHIEVEMENT; HELP AT YOUR DOOR; LIFT GARAGE; SOJOURNER PROJECT AND COOKIE CART.
  4. $31,425 spent. OTHER PROGRAM SERVICES DONE BY GVCF,

Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2020 for not filing returns for three years. The IRS now lists it as tax-exempt again.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2021.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Silicon Valley Community Foundation (Mountain View, CA), EIN 20-5205488. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.