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Mathew H Valenza Foundation
Lake Success, NY · EIN 208936395 · Form 990 · FY2022 · Small ($100K-$1M)
revenue
$184K
expenses
$14K
net assets
$0
employees
0
program ratio
0%
mission · from form 990

To provide scholarships to eligible students in memory of Mathew H. Valenza. To provide financial assistance to families experiencing a tragic event or period of financial difficulty. To support community youth athletic organizations, and other non-profit organizations. All in memory of Mathew H. Valenza.

profile · synthesized from sources

The Mathew H Valenza Foundation provides scholarships to students and offers financial assistance to families facing tragic events or financial hardship. It also supports community youth athletic organizations and other nonprofits in memory of Mathew H. Valenza. The foundation operates in New York and focuses on charitable giving as a private foundation.

irs program accomplishments · form 990 part iii · fy2022

What they reported doing

  1. #1 primary $0
    To provide financial assistance to families experiencing a tragic event or period of financial difficulty.
  2. #2 $0
    To provide assistance to other not for profit organizations in pursuance of their charitable purpose.
named programs · 3 · from sources

What they call their work

Family Financial Assistance Program
Provides financial assistance to families experiencing a tragic event or period of financial difficulty
Nonprofit Support Program
Provides assistance to community youth athletic organizations and other nonprofit organizations in pursuit of their charitable purposes
Scholarship Program
Provides scholarships to eligible students in memory of Mathew H. Valenza
activities · 2 groups

What they do

  • General Operating Support Grants 1 activity
    • Funding nonprofit organizations for charitable purposes
      Provides grants and financial support to other nonprofit organizations to further their charitable missions, as reported in IRS Form 990.
  • Direct Financial Assistance to Individuals 1 activity
    • Providing financial assistance to families in crisis
      Offers direct financial aid to families experiencing a tragic event or facing significant financial hardship, as reported in IRS Form 990.
financials · form 990 · fy2022
revenue
Total revenue$184K
Contributions & grants$00%
Program service revenue$00%
Investment income$184K100%
Other revenue$0
expenses
Total expenses$14K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash$35K
Investments$548K
Liabilities$0
Net assets$0
Liquid reserves500.1 mo
3 years on record · 2020–2022 · YoY revenue +9057.9%
leadership · form 990 part vii · fy2022

Who runs it

board members · 6
  • Andrea Garcia — Trustee
  • Barbara Valenza — Trustee
  • Brian Hauswirth — Trustee
  • Carl Schaetzle — Trustee
  • Lauren Brady-Russell — Trustee
  • Mary Schaetzle — Trustee
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Financial Crisis Assistance
    methodology: financial_crisis_assistance
    By providing direct financial assistance to families experiencing tragedy or hardship, the foundation stabilizes households in distress, because immediate economic support reduces the compounding effects of crisis and enables recovery.
  • Grantmaking to Nonprofits
    methodology: grantmaking_to_nonprofits
    By providing financial grants to other nonprofit organizations, the foundation enables and amplifies charitable work that aligns with its mission, leveraging expertise and reach across the nonprofit sector to produce broader community impact.