The Valley Hospital Foundation Inc
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.
The Valley Hospital Foundation Inc at a glance
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.
- Annual giving (2024)
- $12,393,121
- -13.7% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $4,131,040
- -13.7% vs 2023
- Median grant
- $650,398
- Total assets
- $59,525,708
- +12.0% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Valley Hospital Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
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
The most common grant size was $5M or more: 5 grants of 15 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How The Valley Hospital Foundation Inc gives
- Giving fell 28% from 2021 to 2024. 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 2024, annual grant giving ranged from $12.4M (2024) to $17.2M (2021). In 2024 it made 3 grants totaling $12.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Valley Hospital Inc Paramus, NJ | The new valley hospital project/donor-designated special programs and services | $11,510,223 |
| Valley Medical Group Paramus, NJ | Donor-Designated Special Programs and Services | $650,398 |
| Valley Home Care Inc Paramus, NJ | Donor-Designated Special Programs and Services | $232,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $59,525,708 | $25,467,508 | $15,728,060 | $12,393,121 | 3 | $7,006,600 |
| 2023 | $53,150,654 | $15,001,805 | $17,757,492 | $14,362,656 | 3 | $1,531,471 |
| 2022 | $53,391,795 | $12,118,940 | $16,577,304 | $13,186,608 | 3 | $1,032,413 |
| 2021 | $62,503,903 | $18,375,355 | $20,248,309 | $17,180,197 | 3 | $3,204,702 |
| 2020 | $64,108,394 | $15,487,331 | $20,099,023 | $17,027,124 | 3 | $1,320,045 |
About The Valley Hospital Foundation Inc
Based on IRS filings
The Valley Hospital Foundation Inc is a public charity 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
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
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. 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.
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 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 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. Its revenue that year was $25.5M.
What is The Valley Hospital Foundation Inc?
The Valley Hospital Foundation Inc is a public charity 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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 4, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Valley Hospital Foundation Inc funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Valley Hospital Foundation Inc's focus areas in our free grants database
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The Valley Hospital Auxiliary is an organization that serves as community liaison for the valley hospital, raising funds, and assisting the hospital through a variety of traditional and non-traditional volunteer services.
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