Raritan Valley Community College Foundation logo

Raritan Valley Community College Foundation

Public charity · Grantmaker Somerville, NJ EIN: 23-7138731 Website

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Key facts about Raritan Valley Community College Foundation

In short: Raritan Valley Community College Foundation gave $776K across 1 grant in 2025 (avg $776K), mostly in New Jersey. Source: 2025 IRS Form 990.

EIN
23-7138731
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$776,221
Grants made (2025)
1
Average grant
$776,221
Median grant
$776,221
Total assets
$6,363,165
Primary geography
New Jersey (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.4M

+19.6% YoY

Annual Giving

$776K

+10.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$776K

+10.8% YoY

How Raritan Valley Community College Foundation gives

  • Giving grew 66% from 2022 to 2025. Method

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

About Raritan Valley Community College Foundation

Based on IRS filings

Raritan Valley Community College Foundation is a public charity focused on Education, based in Somerville, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.4M in total assets. In 2025, it awarded 1 grant totaling $776K. Net investment income was $269K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Somerville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $466K (2022) to $776K (2025). In 2025 it made 1 grant totaling $776K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Raritan Valley Community College: $776KRaritan Valley CommunityCollege$776K

The largest 2025 recipient was Raritan Valley Community College ($776K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K3$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Raritan Valley Community College Somerville, NJStudent Programs$776,221

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,363,165$5,320,769$4,990,871
Revenue$2,601,621$1,753,915$1,049,932
Expenses$1,391,779$1,373,386$1,195,609
Net Investment Income$269,351$210,922$119,970

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS April 30, 2021)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
  4. Added Form 990 for fiscal year 2019 (received by the IRS July 13, 2020)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS May 9, 2022)
  6. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Raritan Valley Community College Foundation is led by Michael J McDonough, President since 2024 (on filings since 2019); none of the 21 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Michael J McDonough

    President

    Board Member Ex-Officio → Director, 2022

    Director → President, 2024

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Michael Marion

    Executive Director

    Assistant Secretary → Foundation Executive Director, 2020

    Foundation Executive Director → Executive Director, 2022

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Allan Boomer

    Chair

    Board Member → Director, 2022

    Director → Chair, 2023

    On filings since 2019

    3 hrs/week

    No compensation reported

  • David Bunevich

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Gary C Woodring

    Assistant Treasurer

    Board Member → Assistant Treasurer, 2020

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Gene C. McCarthy

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Joel F Reyes-Guzman

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • John Trojan

    Treasurer

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Parag S Jategaonkar

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Steven A Reichman

    Board Member

    Board Member → Director, 2022

    Director → Board Member, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Dan Van Tran

    Vice Chair

    Director → Board Member, 2024

    Board Member → Vice Chair, 2025

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Raquel Mura

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Michael Schwertfeger

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Sean Fleming

    Board Member

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Deirdre Blaus

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Lila Seroy

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Michael Bzdak

    Board Member

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Rebecca Geary

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Ricardo Ramirez

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Tammy Stouchko

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Wanda Shoer

    Board Member

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (38)
  • Former: Alyssa Darden (2019–2024) — Board Member
  • Former: Elissa Santo (2019–2024) — Vice Chair
  • Former: Sebastian Galvez (2019–2024) — Board Member
  • Former: Jomil London (2022–2024) — Board Member
  • Former: Patrick J. Delaney MBA (2023–2024) — Board Member
  • Former: Sandra Faragalla (2024) — Board Member
  • Former: Zachary Cole (2024) — Board Member
  • Former: Andrew Borkin (2019–2023) — Secretary
  • Former: Anthony V. Cava (2019–2023) — Director
  • Former: Cheryl A. Errico (2019–2023) — Director
  • Former: Jeanne K. Perantoni (2019–2023) — Director
  • Former: Stacey Kimmins (2019–2023) — Director
  • Former: Vince Cirianni (2019–2023) — Director
  • Former: Erika Tooman Esq. (2020–2023) — Director
  • Former: Jimena Torres (2022–2023) — Director
  • Former: Rich Berliner (2022–2023) — Director
  • Former: Paige Greenfield (2023) — Director
  • Former: Paul Stramaglia (2023) — Director
  • Former: Clint Wallace (2019–2022) — Vice Chair
  • Former: John Giotis (2019–2022) — Director
  • Former: Nicholas Matarazzo (2019–2022) — Director
  • Former: Cooper Irving (2022) — Director
  • Former: Colleen Cunniffe (2019–2021) — Board Member
  • Former: Elisabeth McConville (2019–2021) — Board Member
  • Former: Paul Hirsch (2019–2021) — Board Member · Filing note: Resigned 12/2020
  • Former: Brianna Allardice (2020–2021) — Board Member
  • Former: Richard Berliner (2020–2021) — Board Member
  • Former: Samantha Carhuariera (2021) — Board Member
  • Former: Elizabeth R Henry (2019–2020) — Board Member
  • Former: Gabrielle Taylor (2020) — Board Member
  • Former: Carol Burton Guttschall (2019) — Board Member
  • Former: Catherine Hebson McVicker (2019) — Board Member
  • Former: Elizabeth Miller (2019) — Board Member
  • Former: Erika Senska Esq. (2019) — Board Member
  • Former: Jeffrey Brenner (2019) — Board Member
  • Former: Margaret M Windrem (2019) — Board Member
  • Former: N William Atwater (2019) — Board Member
  • Former: Patrick Fittipaldi (2019) — Board Member

Data from IRS Form 990 filings, 2019–2025. "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 Raritan Valley Community College Foundation

How much does Raritan Valley Community College Foundation give each year?

Raritan Valley Community College Foundation gave $776K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $701K across 1 grant.

How large is Raritan Valley Community College Foundation?

Raritan Valley Community College Foundation reported $6.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.6M.

What is Raritan Valley Community College Foundation?

Raritan Valley Community College Foundation is a public charity focused on Education, based in Somerville, NJ. It holds $6.4M in total assets as of 2025.

Where does Raritan Valley Community College Foundation operate?

Raritan Valley Community College Foundation has awarded grants in New Jersey.

What is Raritan Valley Community College Foundation's EIN?

Raritan Valley Community College Foundation's EIN (Employer Identification Number) is 23-7138731. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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