The Valley Hospital Foundation Inc logo

The Valley Hospital Foundation Inc

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.

Financial Overview

From 2024 IRS Form 990-PF · 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

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

1states

States

Cities

ParamusRidgewood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$14M$21M$28M20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$17M3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

THE VALLEY HOSPITAL INC$11.5MVALLEY MEDICAL GROUP$650KVALLEY HOME CARE INC$233K

Grant Size Distribution

15 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Valley Hospital Inc ($11,510,223), Valley Medical Group ($650,398), Valley Home Care Inc ($232,500).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AUDREY MEYERSTRUSTEE, EX OFFICIO0.5
EPHRAIM CASPER MDTRUSTEE0.5
ROBERT W BRENNER MDTRUSTEE, EX OFFICIO, EFF. JULY 20240.5
EDWARD M RUBINCHAIRMAN0.5
NANCY V BUSHVICE CHAIR0.5
ANDREW GATTOVICE CHAIR0.5
PETER C MARRONVICE CHAIR0.5
EDWARD B SELF JR MDTREASURER0.5
RALPH M MASTRANGELOTREASURER, THRU SEPT 20240.5
JEFFREY SEIDLERSECRETARY0.5
JOSHUA L ABRAMSTRUSTEE, THRU JUNE 20240.5
SARAH BEANE RICCATRUSTEE0.5
SUNNY CHOI MDTRUSTEE0.5
THEODORE L HARRISTRUSTEE0.5
LYNN HOLUBATRUSTEE0.5
KAREN KEYESTRUSTEE0.5
SURYA N MOHAPATRATRUSTEE0.5
GREGORY A NEJMEHTRUSTEE0.5
LYA PFEIFER ESQTRUSTEE, THRU JUNE 20240.5
YOLLA RAHALTRUSTEE0.5
THOMAS J RAKOWSKI MDTRUSTEE0.5
MARC SABINOTRUSTEE, THRU JUNE 20240.5
THERESA A SALAMENOTRUSTEE, EX OFFICIO, THRU JUNE 20240.5
CHIRAG SHAHTRUSTEE0.5
DONNA SINGERTRUSTEE, EX OFFICIO0.5
ANN MARIE SNYDERTRUSTEE0.5
ROBERT VAN DYKTRUSTEE0.5
CHRIS WRAGGETRUSTEE0.5
WILLIAM KLUTKOWSKISR. VP, FINANCE & CFO0.5
DAVID J BOHANVICE PRESIDENT & CPO36

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is The Valley Hospital Foundation Inc?

As of 2024, The Valley Hospital Foundation Inc holds $59.5M in total assets with $25.5M in annual revenue. It awarded 3 grants totaling $12.4M in 2024.

Where does The Valley Hospital Foundation Inc operate?

The Valley Hospital Foundation Inc has awarded grants in New Jersey.

What size grants does The Valley Hospital Foundation Inc award?

In 2024, The Valley Hospital Foundation Inc awarded 3 grants totaling $12.4M — an average of about $4.1M per grant, based on its IRS Form 990 filings.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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