River Vale Educational Fund Inc
The River Vale Educational Fund (RVEF) is a nonprofit organization that operates independent of the board of education. The goal of the RVEF is to provide supplementary funding to help maintain the district's commitment to excellence. The River Vale Educational Fund provides privately-raised, non-tax dollar financing that will assist in guaranteeing that the school district will provide the finest education experiences for each and every student.
River Vale Educational Fund Inc at a glance
In short: River Vale Educational Fund Inc gave $309K across 1 grant in 2025 (avg $309K), mostly in New Jersey. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $308,786
- +38.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $308,786
- +38.1% vs 2024
- Median grant
- $308,786
- Total assets
- $2,627,547
- +10.1% vs 2024
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who River Vale Educational Fund Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was River Vale Board of Education ($309K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How River Vale Educational Fund Inc gives
- Giving grew 1182% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $16K (2021) to $309K (2025). In 2025 it made 1 grant totaling $309K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| River Vale Board of Education River Vale, NJ | Income and money raised by the river vale educational fund are invested back into the three public schools in the district. These investments include, but are not limited to, teacher grants, technology for classroom activities, facility upgrades, laptops for language art classes and the sponsorship of school run programs. | $308,786 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,627,547 | $1,787,055 | $1,469,840 | $308,786 | 1 | $66,686 |
| 2024 | $2,386,984 | $1,592,294 | $1,281,462 | $223,667 | 1 | $67,022 |
| 2023 | $2,122,346 | $1,470,005 | $1,130,788 | $207,978 | 1 | $32,912 |
| 2022 | $1,586,915 | $1,721,454 | $863,646 | $24,092 | 1 | $493 |
| 2021 | $812,665 | $519,469 | $737,005 | $15,950 | 1 | $6,312 |
| 2020 | $1,226,863 | $1,119,696 | $1,159,705 | $293,931 | 1 | $17,034 |
About River Vale Educational Fund Inc
Based on IRS filings
River Vale Educational Fund Inc is a public charity focused on Education, based in Woodcliff Lake, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.6M in total assets. In 2025, it awarded 1 grant totaling $309K. Net investment income was $67K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
River Vale Educational Fund Inc is led by Thomas Gallione, President since 2025 (on filings since 2020); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas Gallione
President
Trustee → Co-President, 2022
Co-President → President, 2025
On filings since 2020
5 hrs/week
No compensation reported
Kelly Ippolito
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Peter Ajalat
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Melissa Signore
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Stephen Russini
Trustee
New on the 2025 filing
2 hrs/week
No compensation reported
Heidi Markell
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Gregory Noorigian
Treasurer
On filings since 2024
3 hrs/week
No compensation reported
Former officers (7)
- Former: John Puccio (2020–2024) — Co-President
- Former: Kenneth Veit (2020–2024) — Vice President
- Former: Steven Rossini (2023–2024) — Trustee
- Former: Lorraine Waldes (2020–2023) — Trustee
- Former: Frank Alvarez (2020–2022) — Trustee
- Former: Kim Terjanian (2020–2022) — Treasurer
- Former: Mark Sheehy (2020–2021) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 River Vale Educational Fund Inc
How much does River Vale Educational Fund Inc give each year?
River Vale Educational Fund Inc gave $309K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $224K across 1 grant.
How large is River Vale Educational Fund Inc?
River Vale Educational Fund Inc reported $2.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.
What is River Vale Educational Fund Inc?
River Vale Educational Fund Inc is a public charity focused on Education, based in Woodcliff Lake, NJ. It holds $2.6M in total assets as of 2025.
Where does River Vale Educational Fund Inc operate?
River Vale Educational Fund Inc has awarded grants in New Jersey.
What is River Vale Educational Fund Inc's EIN?
River Vale Educational Fund Inc's EIN (Employer Identification Number) is 11-3830615. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 18, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 7, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 31, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 12, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 26, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 26, 2025)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in River Vale Educational Fund Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). River Vale Educational Fund Inc funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/river-vale-educational-fund-inc-morg_0fe0566186b04aceb154f4d7c604173e
BibTeX
@misc{grantable_113830615_2026,
author = {{Grantable}},
title = {{River Vale Educational Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/river-vale-educational-fund-inc-morg_0fe0566186b04aceb154f4d7c604173e},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from River Vale Educational Fund 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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