River Vale Educational Fund Inc

WOODCLIFF LAKE, NJ EIN: 11-3830615 Website

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.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.6M

+10.1% YoY

Annual Giving

$309K

+38.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$309K

+38.1% YoY

About River Vale Educational Fund Inc

Based on IRS filings

River Vale Educational Fund Inc is a nonprofit organization 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 grants totaling $309K. Net investment income was $67K.

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $780K (100%)

States

New Jersey

Cities

River Vale

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,627,547	$2,386,984	$2,122,346
Revenue	$1,787,055	$1,592,294	$1,470,005
Expenses	$1,469,840	$1,281,462	$1,130,788
Qualifying Distributions	—	—	—
Net Investment Income	$66,686	$67,022	$32,912
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 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include River Vale Board of Education ($308,786).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
THOMAS GALLIONE	PRESIDENT	5	—
HEIDI MARKELL	SECRETARY	3	—
GREGORY NOORIGIAN	TREASURER	3	—
KELLY IPPOLITO	TRUSTEE	3	—
PETER AJALAT	TRUSTEE	2	—
MELISSA SIGNORE	TRUSTEE	2	—
STEPHEN RUSSINI	TRUSTEE	2	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is River Vale Educational Fund Inc?

River Vale Educational Fund Inc is a nonprofit organization focused on Education, based in WOODCLIFF LAKE, NJ. It holds $2.6M in total assets as of 2025.

How large is River Vale Educational Fund Inc?

As of 2025, River Vale Educational Fund Inc holds $2.6M in total assets with $1.8M in annual revenue. It awarded 1 grants totaling $309K in 2025.

Where does River Vale Educational Fund Inc operate?

River Vale Educational Fund Inc has awarded grants in New Jersey.

What size grants does River Vale Educational Fund Inc award?

In 2025, River Vale Educational Fund Inc awarded 1 grants totaling $309K — an average of about $309K per grant, based on its IRS Form 990 filings.

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.