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. 36 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 237138731 Somerville, NJ Latest filing: 2025
Total Revenue$2.6M
Total Expenses$1.4M
Total Assets$6.4M
Grant Records36
Funding Total$1.2M
Filing Years2021–2025

Mission

Please see Schedule O.

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

EDUCATION
$626,500 4 grants
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
$190,000 2 grants
SCHOLARSHIP GRANT
$75,000 1 grant
NURSING EDUCATION
$60,000 4 grants
For grant recipient's exempt purposes
$59,850 6 grants

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.

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