Mission
Please see Schedule O.
Public Charity
Raritan Valley Community College Foundation
Raritan Valley Community College Foundation is a Public Charity headquartered in Somerville, NJ. Financial data from the 2025 filing: $2.6M revenue, $1.4M expenses, $6.4M total assets. 38 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.
EIN: 237138731
Somerville, NJ
Two-Year Colleges
NTEE: B41
Latest filing: 2025
Total Revenue$2.6M
Total Expenses$1.4M
Total Assets$6.4M
Grant Records38
Funding Total$1.3M
Filing Years2021–2025
Where $100 goes at Raritan Valley Community College Foundation
How Raritan Valley Community College Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$90
Programs
the work itself
$7
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $90 for programs
$90
Educational activities and assistance to Raritan Valley Community Colleges 9,966 credit seeking students and nearly 1,000 non-credit students
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATION
$375,000
SCHOLARSHIP GRANT
$75,000
CHARITABLE DONATION
$25,200
FOR RECIPIENT'S EXEMPT PURPOSE
$25,000
NURSING EDUCATION
$15,000
Showing up to 5 of 38 total records — full history available with membership.
Officers & Directors
Chair
Allan Boomer
Vice Chair
Dan Van Tran
Board member
David Bunevich
Board member
Deirdre Blaus
President
Dr Michael J Mcdonough
Asst. Treasurer
Gary C Woodring
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.6M | $1.4M | $6.4M |
| 2024 | $1.8M | $1.4M | $5.3M |
| 2023 | $1.0M | $1.2M | $5.0M |
| 2022 | $959K | $1.1M | $4.9M |
| 2021 | $1.5M | $891K | $5.7M |
Between 2021 and 2025, reported annual revenue grew from $1.5M to $2.6M (+76%), with total assets most recently reported at $6.4M.
Interactive year-over-year charts and full filing details available with membership.