The Valley Hospital Foundation Inc logo

The Valley Hospital Foundation Inc

Grantmaker Paramus, NJ EIN: 22-2324554 Website

The Valley Hospital Foundation is the philanthropic component of valley health system. Its primary function is to secure charitable contributions from individuals, corporations, foundations, and other funding entities, to manage those gifts, and to distribute them in accordance with its charter. Charitable funds raised for the hospital support construction, capital improvements, medical technology, biomedical research, education, endowments, and special projects. Funds raised for valley home care support the programs of the agency, such as hospice, journeys, maternal child health, and endowments. Funds raised for valley medical group support programs, capital improvements, medical technology, education, and special projects.

Key facts about The Valley Hospital Foundation Inc

In short: The Valley Hospital Foundation Inc gave $12.4M across 3 grants in 2024 (avg $4.1M), mostly in New Jersey. Source: 2024 IRS Form 990 filing.

EIN
22-2324554
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$12,393,121
Grants made (2024)
3
Average grant
$4,131,040
Median grant
$650,398
Total assets
$59,525,708
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$59.5M

+12.0% YoY

Annual Giving

$12.4M

-13.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$4.1M

-13.7% YoY

How The Valley Hospital Foundation Inc gives

  • Giving fell 28% from 2021 to 2024. Method

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

About The Valley Hospital Foundation Inc

Based on IRS filings

The Valley Hospital Foundation Inc is a nonprofit organization focused on Health, based in Paramus, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $59.5M in total assets. In 2024, it awarded 3 grants totaling $12.4M. Net investment income was $7.0M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2024 grant dollars.

States

Cities

ParamusRidgewood

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M3 grants20203 grants20213 grants20223 grants20233 grants2024

From 2020 to 2024, annual grant giving ranged from $12.4M (2024) to $17.2M (2021). In 2024 it made 3 grants totaling $12.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

The Valley Hospital Inc: $11.5MThe Valley Hospital Inc$11.5MValley Medical Group: $650KValley Medical Group$650KValley Home Care Inc: $233KValley Home Care Inc$233K

The largest 2024 recipient was The Valley Hospital Inc ($11.5M). Together the top 3 received $12.4M.

Grant Size Distribution

15 grants across all recorded years

<$50K$50–100K4$100–250K2$250–500K4$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 15 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Valley Hospital Inc Paramus, NJThe new valley hospital project/donor-designated special programs and services$11,510,223
Valley Medical Group Paramus, NJDonor-Designated Special Programs and Services$650,398
Valley Home Care Inc Paramus, NJDonor-Designated Special Programs and Services$232,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M20202021202220232024
Metric202420232022
Total Assets$59,525,708$53,150,654$53,391,795
Revenue$25,467,508$15,001,805$12,118,940
Expenses$15,728,060$17,757,492$16,577,304
Qualifying Distributions———
Net Investment Income$7,006,600$1,531,471$1,032,413
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Valley Hospital Foundation Inc is led by Edward M. Rubin, Chairman since 2023 (on filings since 2020); none of the 30 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Edward M. Rubin

    Chairman

    Treasurer → Chairman, 2023

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Audrey Meyers

    Trustee & Executive Officio

    Trustee - Executive Officio → Trustee & Executive Officio, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Chris Wragge

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ephraim Casper MD

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Joshua L. Abrams

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Marc Sabino

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Robert Van Dyk

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Yolla Rahal

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Lya Pfeifer Esq.

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Lynn Holuba

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Thomas J. Rakowski MD

    Trustee

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Ann Marie Snyder

    Trustee

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Karen Keyes

    Trustee

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Surya N. Mohapatra

    Trustee

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Theodore L. Harris

    Trustee

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Theresa A. Salameno

    Trustee & Executive Officio

    Trustee - Executive Officio → Trustee & Executive Officio, 2024

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Sunny Choi MD

    Trustee

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Chirag Shah

    Trustee

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Donna Singer

    Trustee & Executive Officio

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Gregory A. Nejmeh

    Trustee

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Robert W. Brenner MD

    Trustee & Executive Officio

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Sarah Beane Ricca

    Trustee

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • David J. Bohan

    Vice President & Cpo

    Vice President & CDO → Vice President & Cpo, 2024

    On filings since 2020

    36 hrs/week

    $539K (2020) → $0 (2024)

  • Andrew Gatto

    Vice Chair

    Trustee → Vice Chairman, 2022

    Vice Chairman → Vice Chair, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Nancy V. Bush

    Vice Chair

    Secretary → Vice Chair, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Peter C. Marron

    Vice Chair

    Vice Chairman → Vice Chair, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Ralph M. Mastrangelo

    Treasurer

    Trustee → Treasurer, 2023

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • William Klutkowski

    Senior Vice President, Finance & CFO

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Jeffrey Seidler

    Secretary

    Trustee → Secretary, 2024

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Edward B. Self Jr. MD

    Treasurer

    Trustee → Treasurer, 2024

    On filings since 2023

    0.5 hrs/week

    No compensation reported

Former officers (13)
  • Former: Daniel P. Cummings (2020–2023) — Trustee
  • Former: Victor Wortmann (2020–2023) — Chairman
  • Former: Danielle Gaglioti (2020–2022) — Vice Chairman
  • Former: Denise Downey (2020–2022) — Trustee - Executive Officio
  • Former: Frank Gallagher (2020–2021) — Trustee
  • Former: Janet E. Hunt Esq. (2020–2021) — Trustee
  • Former: Joseph Pfeifer (2020–2021) — Trustee
  • Former: William A. Hench (2020–2021) — Trustee
  • Former: Ted Harris (2021) — Trustee
  • Former: Alexandra Carapezza (2020) — Executive Director - Development
  • Former: Bettina Daly (2020) — Executive Director - Gift
  • Former: Jean Meloro (2020) — Trustee - Executive Officio
  • Former: Patricia M. Hicks MD (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2020 IRS filing

David J Bohan — Vice President & Cdo: $539KDavid J BohanVice President & Cdo$539KBettina Daly — Exec. Director - Gift: $219KBettina DalyExec. Director - Gift$219KAlexandra Carapezza — Exec. Director - Devel: $182KAlexandra CarapezzaExec. Director - Devel$182K

The highest reported compensation on the 2020 filing was $539K, to David J Bohan (Vice President & Cdo). 3 officers or directors reported compensation on that filing.

Frequently asked questions about The Valley Hospital Foundation Inc

How much does The Valley Hospital Foundation Inc give each year?

The Valley Hospital Foundation Inc gave $12.4M across 3 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $14.4M across 3 grants.

What is The Valley Hospital Foundation Inc's typical grant size?

The Valley Hospital Foundation Inc's median grant in 2024 was $650,398, and its average grant was $4,131,040, across 3 grants on its 2024 IRS Form 990 filing.

Where does The Valley Hospital Foundation Inc give grants?

The Valley Hospital Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Paramus, NJ (3 grants).

Does The Valley Hospital Foundation Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on The Valley Hospital Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support.

How large is The Valley Hospital Foundation Inc?

The Valley Hospital Foundation Inc reported $59.5M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $25.5M.

What is The Valley Hospital Foundation Inc?

The Valley Hospital Foundation Inc is a nonprofit organization focused on Health, based in Paramus, NJ. It holds $59.5M in total assets as of 2024.

What is The Valley Hospital Foundation Inc's EIN?

The Valley Hospital Foundation Inc's EIN (Employer Identification Number) is 22-2324554. IRS Form 990 filing data is available on this page for 2020–2024.

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

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