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VALENTINE TELA FOUNDATION

· EIN · valentinefoundation.org
profile · synthesized from sources

The Valentine Foundation is a private foundation based in Philadelphia that funds nonprofit organizations working to advance racial and gender justice for women, girls, and non-binary individuals. It prioritizes systemic social change through grantmaking, leadership development, and mission-aligned investing. The foundation supports multi-year projects and is committed to aligning 100% of its endowment with its values by investing in BIPOC- and women-led enterprises and community initiatives in the Greater Philadelphia area.

named programs · 3 · from sources

what they call their work

Foundation Grantmaking
Provides general operating and project-specific grants to nonprofits in the Greater Philadelphia area that advance social change for women, girls, and non-binary individuals through systemic reform
Mission Aligned Investing
Deploys endowment assets into impact investments that align with the foundation’s mission, including loans and equity investments in BIPOC- and women-led businesses and community development projects
Visionary Leadership Fund
Supports leadership development for emerging leaders in organizations focused on gender and racial justice for women and girls
activities · 2 groups

what they do

  • Women's Leadership & Empowerment Programs 3 activities
    • Grantmaking for Women's and Girls' Empowerment
      Provides grants ranging from $8,000 to $15,000, with multi-year funding options, to organizations and initiatives that empower women and girls to achieve sustainable social change by redefining issues, enhancing community engagement, shifting policies, or preserving gains in gender equality. Two-thirds of grants support multi-year projects.
    • Leadership Development for Women and Girls
      Develops and supports the next generation of leaders in social change for women and girls through its Visionary Leadership Fund.
    • Mission-Aligned Impact Investing
      Invests its endowment and other assets to align with its mission of gender and racial equity, beyond traditional grantmaking. This includes divesting from non-aligned investments, prioritizing impact investments, allocating 20% of its endowment to community investments in the Greater Philadelphia area, and utilizing diverse investment managers including BIPOC-owned firms. Specific investments include low-interest loans, convertible notes, and early-stage equity investments in organizations promoting social impact, as well as public equity investments in funds focused on gender diversity and social justice.
  • Organizational Performance Reporting 1 activity
    • Financial Reporting and Transparency
      Publishes annual reports detailing financials and grantmaking efforts from 2007 onward, includes all assets in its audits, and makes 990 filings and financial statements publicly available.
relationships · 15

who they work with

  • Adasina Social Justice All Cap Global ETF (JSTC) Partner — Included as a fund developed or run by women PMs.
  • Decolonizing Wealth Partner — Guiding framework for decolonizing the foundation's investment portfolio
  • Fidelity Partner — Its Women’s Leadership Fund was added to the foundation's public equity portfolio.
  • Girl Concrete Inc. Partner — Received a $100,000 investment in a convertible note.
  • Impax Ellevate Global Women’s Leadership Fund Partner — Included in the foundation's public equity investments.
  • Inter-Faith Housing Alliance Partner — Received a $30,000 low-interest loan to rehab a property for families in transition.
  • KIN Apparel, Inc. Partner — Received a market-rate bridge loan to bolster holiday sales and provide working capital.
  • Kind Foundation Partner — Provided invaluable guidance for the foundation's first impact investment.
  • Laura Kind McKenna Partner — Provided invaluable guidance for the foundation's first impact investment.
  • Parametric Partner — Collaborated to establish a mission-aligned large-cap equity portfolio.
  • Philanthropy Network Partner — Partnered through participation in the Mission-Aligned Investing (MAI) cohort training
  • Reinvestment Fund Partner — Received a $100,000 investment in its PhilaImpact Fund in 2018.
  • Trapezium Math Partner — Received an early-stage equity investment to expand educational offerings.
  • Weavers Way Partner — Committed $50,000 to support a new store in the Germantown neighborhood.
  • Women’s Funding Network Network — Adapts Social Change Indicators from the Women’s Funding Network to guide grantmaking and evaluation.