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
1
+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
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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 | 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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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