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Valley Care Association
Valley Care Association is a foundation based in Cranberry Township, US. It manages approximately $1 million in assets, primarily focused on North America.
Valley Care Association
Valley Care Association is a foundation based in Cranberry Township, US. It manages approximately $1 million in assets, primarily focused on North America.
General information
Firm type
Endowment / Foundation
Year founded
1984
Location
Region
North America
Country
United States
City
Cranberry Township
Corporate office
Cranberry Township, PA, United States
Additional offices
Sewickley, PA · Ambridge, PA
Principals
Heather Sedlacko
Executive Director
Peter Schlicht
President of the Board of Trustees
Sector focus
Frequently asked questions
What is Valley Care Association's relationship to Lutheran SeniorLife?
Valley Care Association was created from assets transferred by Lutheran SeniorLife in a 2018 restructuring. Lutheran SeniorLife is the founding parent; Valley Care now operates as an independent conversion foundation holding the real estate and operating interests that were spun out, including the Sturgeon Health Care Center and partnerships with Heritage Valley Health System and Masonic Villages.
Does Valley Care Association make grants, or does it operate facilities directly?
It does both. The Valley Care Endowment Corporation serves as the grantmaking vehicle, while the association itself maintains direct and joint-venture interests in senior-care facilities. The foundation's grantmaking capacity is tied to the operating performance of its real estate holdings and partnership distributions, not a liquid endowment portfolio.
Who runs investment decisions at Valley Care Association?
Heather Sedlacko, as Executive Director, oversees the organization. The Board of Trustees, led by President Peter Schlicht, governs the endowment and partnership decisions. Specific investment committee composition is not publicly disclosed.
How is Valley Care Association different from a typical private foundation?
Valley Care is a conversion foundation—created when a nonprofit healthcare operator transfers assets to an independent entity. Its endowment is composed of operating real estate and joint-venture interests rather than a diversified securities portfolio, which means its financial capacity is directly linked to the senior-living market in western Pennsylvania.
What geographies does Valley Care Association cover?
The foundation's assets are concentrated in Beaver and Allegheny counties in western Pennsylvania. Known properties include facilities in Sewickley and Ambridge, plus an undeveloped parcel in Aleppo Township.
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