Monmouth Medical Center Foundation Inc

Public charity · Grantmaker Oceanport, NJ EIN: 22-2456079

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.

Monmouth Medical Center Foundation Inc at a glance

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.

Annual giving (2024)
$14,863,960
+295.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$14,863,960
+295.0% vs 2023
Median grant
$14,863,960
Total assets
$81,810,711
-8.5% vs 2023
Primary geography
New Jersey (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Monmouth Medical Center Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Monmouth Medical Center: $14.9MMonmouth Medical Center$14.9M

The largest 2024 recipient was Monmouth Medical Center ($14.9M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M3$5M+

The most common grant size was $5M or more: 3 grants of 5 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

OceanportLong Branch

How Monmouth Medical Center Foundation Inc gives

  • Giving grew 41% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

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.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Monmouth Medical Center Oceanport, NJProgram Support$14,863,960
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$81,810,711$10,687,199$18,928,392$14,863,9601$739,335
2023$89,374,344$46,425,596$7,344,129$3,763,2671$399,510
2022$49,472,893$12,765,811$7,313,269$3,366,6601$286,038
2021$47,507,975$18,905,693$13,925,274$10,558,9991$683,872
2020$41,292,369$9,224,959$17,240,647$14,199,4761$673,560

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

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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Live grants for the work Monmouth Medical Center Foundation Inc funds

Health Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in Monmouth Medical Center Foundation Inc's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Monmouth Medical Center Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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