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 105 reported grant relationships connected to this organization totaling approximately $12.3M.

EIN: 222324554 PARAMUS, NJ Latest filing: 2024
Total Revenue$25.5M
Total Expenses$15.7M
Total Assets$59.5M
Grant Records105
Funding Total$12.3M
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.

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

For grant recipient's exempt purposes
$3,542,778 9 grants
HEALTH
$2,588,334 15 grants
GENERAL SUPPORT
$1,487,908 18 grants
MEDICAL / PUBLIC SERVICES
$1,207,500 3 grants
TO SUPPORT THE CONSTRUCTION OF THE NEW HOSPITAL
$1,000,000 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.

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