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
Among its reported 2024 grants, the largest include Radford University Foundation ($1,335,000), Vcom - Edward Via College of Oseopathic Medicine ($500,000), New River Community College ($470,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WOMEN'S RESOURCE CENTER OF NRV RADFORD, VA | PROVIDE EMERGENCY SHELTER, TRANSITIONAL HOUSING, COUNSELING, AND LEGAL SERVICES | $100,000 |
| VITTLES FOR VETS RADFORD, VA | OPERATING EXPENSES | $53,334 |
| VCOM - EDWARD VIA COLLEGE OF OSEOPATHIC MEDICINE BLACKSBURG, VA | SCHOLARSHIP ENDOWMENT | $500,000 |
| THE AGAPE CENTER OF NEW RIVER VALLEY CHRISTIANSBURG, VA | OPERATING EXPENSES | $10,000 |
| RADFORD UNIVERSITY FOUNDATION RADFORD, VA | SCHOLARSHIP ENDOWMENT | $1,335,000 |
| PULASKI COUNTY VA - BOARD OF SUPERVISORS PULASKI, VA | OPERATING EXPENSES | $50,000 |
| PULASKI COUNTY CHRISTMAS STORE INC PULASKI, VA | OPERATING EXPENSES | $72,000 |
| PLENTY FLOYD, VA | OPERATING EXPENSE | $15,000 |
| NEW RIVER VALLEY CHILD ADVOCACY RESOURCES EDUCATION & SERVICES - NRV CARES CHRISTIANSBURG, VA | OPERATION EXPENSES | $10,000 |
| NEW RIVER COMMUNITY COLLEGE (EXCROW D HAMRICK) DUBLIN, VA | SCHOLARSHIP PROGRAM | $28,637 |
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
Frequently Asked Questions
What is New River Valley Health Foundation?
New River Valley Health Foundation is a nonprofit organization focused on Health, based in CHRISTIANSBURG, VA. It holds — in total assets as of 2024.
Where does New River Valley Health Foundation operate?
New River Valley Health Foundation has awarded grants in Ohio, Virginia.
What size grants does New River Valley Health Foundation award?
In 2024, New River Valley Health Foundation awarded 22 grants totaling $3.1M — an average of about $142K per grant, based on its IRS Form 990 filings.
What is New River Valley Health Foundation's EIN?
New River Valley Health Foundation's EIN (Employer Identification Number) is 52-1349560. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New River Valley Health Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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