Please see Schedule O.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+6.6% YoY
Annual Giving
$701K
+33.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$701K
+33.5% YoY
About Raritan Valley Community College Foundation
Based on IRS filings
Raritan Valley Community College Foundation is a nonprofit organization focused on Education, based in SOMERVILLE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 1 grants totaling $701K. Net investment income was $211K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,320,769 | $4,990,871 | $4,929,209 |
| Revenue | $1,753,915 | $1,049,932 | $959,485 |
| Expenses | $1,373,386 | $1,195,609 | $1,074,825 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $210,922 | $119,970 | $135,886 |
| 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 1 recipients in 2024
Grant Size Distribution
5 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 |
|---|---|---|---|
| Dr Michael J McDonough | President | 3 | — |
| Allan Boomer | Chair | 3 | — |
| Elissa Santo | Vice Chair | 3 | — |
| John Trojan | Treasurer (VP of Finance and Facilities) | 3 | — |
| Gary C Woodring | Asst. Treasurer | 3 | — |
| Sean Fleming | Board Member | 3 | — |
| David Bunevich | Board member | 2 | — |
| Zachary Cole | Board member (student) | 2 | — |
| Alyssa Darden | Board member | 2 | — |
| Patrick Delaney | Board member | 2 | — |
| Michael Schewertfeger | Board member | 2 | — |
| Joel F Reyes-Guzman | Board member | 2 | — |
| Steven A Reichman | Board member | 2 | — |
| Dan Van Tran | Board member | 2 | — |
| Sandra Faragalla | Board member (student) | 2 | — |
| Sebastian Galvez | Board member | 2 | — |
| Parag S Jategaonkar | Board Member | 2 | — |
| Jomil London | Board member | 2 | — |
| Gene McCarthy | Board member | 2 | — |
| Raquel Mura | Board member | 2 | — |
| Michael Marion | Executive Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
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Stephen J Machuta Scholarship Trust
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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