To support the charitable tax-exempt purposes, programs and services of monmouth medical center; a related internal revenue code section 501(c)(3) tax-exempt organization, which provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.
Key facts about Monmouth Medical Center Foundation Inc
In short: Monmouth Medical Center Foundation Inc gave $14.9M across 1 grant in 2024 (avg $14.9M), mostly in New Jersey. Source: 2024 IRS Form 990.
- EIN
- 22-2456079
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $14,863,960
- Grants made (2024)
- 1
- Average grant
- $14,863,960
- Median grant
- $14,863,960
- Total assets
- $81,810,711
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$81.8M
-8.5% YoY
Annual Giving
$14.9M
+295.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$14.9M
+295.0% YoY
How Monmouth Medical Center Foundation Inc gives
- Giving grew 41% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Monmouth Medical Center Foundation Inc
Based on IRS filings
Monmouth Medical Center Foundation Inc is a public charity focused on Health, based in Oceanport, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81.8M in total assets. In 2024, it awarded 1 grant totaling $14.9M. Net investment income was $739K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.4M (2022) to $14.9M (2024). In 2024 it made 1 grant totaling $14.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Monmouth Medical Center ($14.9M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Monmouth Medical Center Oceanport, NJ | Program Support | $14,863,960 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $81,810,711 | $89,374,344 | $49,472,893 |
| Revenue | $10,687,199 | $46,425,596 | $12,765,811 |
| Expenses | $18,928,392 | $7,344,129 | $7,313,269 |
| Net Investment Income | $739,335 | $399,510 | $286,038 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Monmouth Medical Center Foundation Inc is led by Claire M. Knopf, Chair - Trustee on every filing since 2020; none of the 29 officers listed in 2024 report compensation.
Officers on the 2024 filing
Claire M. Knopf
Chair - Trustee
On filings since 2020
1 hr/week
No compensation reported
Andrea Z. Aikins
Trustee
On filings since 2020
1 hr/week
No compensation reported
Anil K. Sharma MD
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Bonnie Klein
Trustee
Vice Chair - Trustee → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Carolyn Deforte-Wasserfall
Trustee
On filings since 2020
1 hr/week
No compensation reported
Carolyn Desena
Trustee
On filings since 2020
1 hr/week
No compensation reported
Daniel Whalen
Trustee
On filings since 2020
1 hr/week
No compensation reported
Dennis Kelly
Trustee
Vice Chair - Trustee → Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Gary Chropuvka
Trustee
On filings since 2020
1 hr/week
No compensation reported
Gregory Greco MD
Trustee
On filings since 2020
55 hrs/week
No compensation reported
Mario A. Monello
Secretary - Trustee
Treasurer - Trustee → Secretary - Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
Meghan Del Priore
Trustee
On filings since 2020
1 hr/week
No compensation reported
Patrick P. Scire
Trustee
On filings since 2020
1 hr/week
No compensation reported
Vincent Tizzio
Trustee
On filings since 2020
1 hr/week
No compensation reported
Warren Diamond
Trustee
On filings since 2020
1 hr/week
No compensation reported
William Thygeson
Treasurer - Trustee
Trustee → Treasurer - Trustee, 2024
On filings since 2021
1 hr/week
No compensation reported
Barrie Knee
Trustee
On filings since 2023
1 hr/week
No compensation reported
Christina Alfonso-Ercan
Trustee
On filings since 2023
1 hr/week
No compensation reported
Dayna Gold
Trustee
On filings since 2023
1 hr/week
No compensation reported
Kerrin O'Brien
Trustee
On filings since 2023
1 hr/week
No compensation reported
Maurice Zekaria
Trustee
On filings since 2023
1 hr/week
No compensation reported
Noel Mihalow
Trustee
On filings since 2023
1 hr/week
No compensation reported
Waheed Eraky MD
Trustee
On filings since 2023
55 hrs/week
No compensation reported
Abby Kelly
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Andrea Bonfiglio-Spence
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Walter Daszkowski
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Glenn Miller
Rwjbh Chief Development Officer
On filings since 2020
No compensation reported
Jay Grunin
Vice Chair - Trustee
Trustee → Vice Chair - Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Caitlin R. Olson
Vice President Development
Vice President & Development → Trustee - Vice President & Development, 2022
Trustee - Vice President & Development → Vice President Development, 2023
On filings since 2021
55 hrs/week
No compensation reported
Former officers (16)
- Former: Ana Blank (2020–2022) — Trustee
- Former: Gloria Nilson (2020–2022) — Trustee
- Former: Kevin Kelly (2020–2022) — Trustee
- Former: Victor Almeida DO (2020–2022) — Trustee
- Former: Darsit Shah MD (2021–2022) — Trustee
- Former: William Downs DO (2021–2022) — Trustee
- Former: Eric W. Carney (2022) — Trustee-Pres, CEO Mmc & Mmc-Sc
- Former: William S. Arnold (2022) — Trustee - President & CEO Rwjuhnb
- Former: Marshall Knopf (2020–2021) — Trustee
- Former: Robert H. Sickles (2020–2021) — Trustee
- Former: Tara Formica Kelly (2020–2021) — Trustee-Vp Development
- Former: Richard B. Ruchman MD (2020) — Trustee
- Former: Robert L. Boyle (2020) — Trustee
- Former: Robert Patton (2020) — Vice Chair-Trst
- Former: Thygeson William (2020) — Trustee
- Former: Ty J. Olson MD (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Monmouth Medical Center Foundation Inc
How much does Monmouth Medical Center Foundation Inc give each year?
Monmouth Medical Center Foundation Inc gave $14.9M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.8M across 1 grant.
How large is Monmouth Medical Center Foundation Inc?
Monmouth Medical Center Foundation Inc reported $81.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $10.7M.
What is Monmouth Medical Center Foundation Inc?
Monmouth Medical Center Foundation Inc is a public charity focused on Health, based in Oceanport, NJ. It holds $81.8M in total assets as of 2024.
Where does Monmouth Medical Center Foundation Inc operate?
Monmouth Medical Center Foundation Inc has awarded grants in New Jersey.
What is Monmouth Medical Center Foundation Inc's EIN?
Monmouth Medical Center Foundation Inc's EIN (Employer Identification Number) is 22-2456079. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Monmouth Medical Center Foundation Inc by hand.
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