Public Charity

THE VALLEY HOSPITAL FOUNDATION INC

Based in PARAMUS, NJ, THE VALLEY HOSPITAL FOUNDATION INC operates as a Public Charity. The organization reported $25.5M in revenue, $15.7M in expenses, $59.5M in total assets for fiscal year 2024. Imperigo tracks 108 reported grant relationships connected to this organization totaling approximately $14.0M.

EIN: 222324554 PARAMUS, NJ General Hospitals NTEE: E22 Latest filing: 2024
Total Revenue$25.5M
Total Expenses$15.7M
Total Assets$59.5M
Grant Records108
Funding Total$14.0M
Filing Years2019–2024

Mission

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.

Where $100 goes at The Valley Hospital Foundation Inc

How The Valley Hospital Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$2 Management running the organization
$13 Fundraising raising the next dollar

Inside the $85 for programs

$85
The foundation has evaluated the needs of valley health system and seeks to secure funding for four different cases: construction costs for the valley hospital in Paramus, capital…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
TO CREATE FUNDS TO SUPPORT THE BOUTIQUE FOR INTEGRATIVE HEALING, CARDIO-OB INITIATIVE FOR PREGNANCY INDUCED HYPERTENSION, COLD CAP THERAPY FOR CANCER PATIENTS, AND VALLEY HOME CARE'S BUTTERFLIES PROGRAM
$1,600,000
2024
For grant recipient's exempt purposes
$606,550
2024
MEDICAL / PUBLIC SERVICES
$403,000
$315,000

Showing up to 5 of 108 total records — full history available with membership.

Officers & Directors

VICE CHAIR Andrew Gatto
TRUSTEE Ann Marie Snyder
TRUSTEE, EX OFFICIO Audrey Meyers
TRUSTEE Chirag Shah
TRUSTEE Chris Wragge
VICE PRESIDENT & CPO David J Bohan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,481,392 77 grants
Health & Medicine
$6,521,773 27 grants
Religion & Spirituality
$25,000 1 grant
Education
$10,000 1 grant
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $25.5M $15.7M $59.5M
2023 $15.0M $17.8M $53.2M
2022 $12.1M $16.6M $53.4M
2020 $15.5M $20.1M $64.1M
2019 $19.1M $60.9M $66.7M

Between 2019 and 2024, reported annual revenue grew from $19.1M to $25.5M (+33%), with total assets most recently reported at $59.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE VALLEY HOSPITAL FOUNDATION INC

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