NEW RIVER VALLEY HEALTH FOUNDATION (THE FOUNDATION) IS A TAX-EXEMPT, NONSTOCK, NONPROFIT CORPORATION ORGANIZED TO PROMOTE AND FOSTER THE DEVELOPMENT OF COMMUNITY HEALTH ACTIVITIES FOR CHARITABLE AND EDUCATIONAL PURPOSES IN THE NEW RIVER VALLEY. THE FOUNDATION OFFERS FINANCIAL ASSISTANCE IN THE FORM OF CONTRIBUTIONS, LOANS, AND LEASING ARRANGEMENTS TO SELECTED ORGANIZATIONS WHO PRIMARILY ARE PROVIDERS OF HEALTH CARE SERVICES IN THE NEW RIVER VALLEY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$3.1M
+47.6% YoY
Grant Count
22
+214.3% YoY
Avg Grant Size
$142K
-53.0% YoY
About New River Valley Health Foundation
Based on IRS filings
New River Valley Health Foundation is a nonprofit organization focused on Health, based in CHRISTIANSBURG, VA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 22 grants totaling $3.1M. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $1,463,300 | $3,227,805 |
| Revenue | $1,841,191 | $390,945 | $241,520 |
| Expenses | $3,205,981 | $2,151,904 | $834,829 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,830,203 | $371,028 | $216,966 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRED L NEWHOUSE JR | CHAIRMAN | 2 | — |
| SHANNON ZEMAN | VICE CHAIRMAN | 2 | — |
| SALLY MCCARTHY | SECRETARY | 2 | — |
| MICHAEL BARBER | TREASURER | 2 | — |
| JERRY SMITH | DIRECTOR | 1 | — |
| JEFF L IRBY | DIRECTOR | 1 | — |
| DAVID HAGADORN | DIRECTOR | 1 | — |
| FREDERICK KELLERMAN | DIRECTOR | 1 | — |
| VIRGINIA OUSLEY | DIRECTOR | 1 | — |
| JOSEPH SHEFFEY | DIRECTOR | 1 | — |
| KEVIN STONER | DIRECTOR | 1 | — |
| BRUCE TURNER | DIRECTOR | 1 | — |
| MELISSA GENTRY | DIRECTOR | 5 | — |
| PAT HUBER | DIRECTOR | 1 | — |
| LEE MATTHIS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Assets
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The Roth Family Foundation
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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