 Background |
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The Wayne and Gladys Valley
Foundation was formed in 1977 by
F. Wayne Valley and his wife, Gladys
Valley, to provide financial assistance for
various charitable organizations of particular
interest to them, principally in the East Bay
Area of California. Since Wayne Valley’s
death in October 1986, and Gladys Valley’s
death in May 1998, the Foundation has been
considered a major philanthropic institution. Wayne Valley was the founder and majority owner of Citation Builders, a San Leandro, California developer which became one of the largest single-family homebuilders in the State. In all of Mr. Valley’s business activities, he gained a reputation as a tough, honest and fair-minded businessman who insisted that each endeavor which he undertook be justified on its own merits and offered an above-average chance for success. The Valleys applied these principles to their charitable giving as well. True to the principles of its founders, the Foundation has made, and will continue to make, grants only to organizations and projects which strive for excellence and carry out their programs in a well-managed and cost-efficient manner, with clearly defined and achievable goals. | |