EIN 22-2324554

Valley Hospital Foundation (VHF)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1980
Most recent tax filings
2022-12-01
Description
The Valley Hospital Foundation is the fundraising arm of Valley Health System. A 501 (c) (3) charitable organization, its purpose is to raise funds that support the programs and services of The Valley Hospital and Valley Home Care.
Total revenues
$12,118,940
2022
Total expenses
$16,577,304
2022
Total assets
$53,391,795
2022
Num. employees
0
2022

Program areas at VHF

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 and technological improvements, clinical and translational research, and endowments.valley health system is a regional healthcare system that serves residents in northern new jersey and southern new york. It comprises The Valley Hospital, Valley home care, and Valley medical group. Key services include cardiology, oncology, women's and children's services, emergency care, orthopedics, and neurosciences. Valley health system is one of The most honored healthcare organizations in new jersey.

Grants made by VHF

GranteeGrant descriptionAmount
The Valley HospitalProject/capital Projects/Donor-Designated Special Programs and Services$12,503,578
Valley Medical GroupDonor-Designated Special Programs and Services$439,800
Valley Home Care (VHC)Donor-Designated Special Programs and Services$243,230

Who funds Valley Hospital Foundation (VHF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundHealth$522,750
The Ayco Charitable FoundationMedical / Public Services$402,000
Max and Lilian Rappaport Foundation FT Treatment & Study of Social TraumaTrauma Treatmentprograms$350,000
...and 66 more grants received totalling $3,895,151

Personnel at VHF

NameTitleCompensation
David J. BohanVice President and Chief Development Officer$0
William KlutkowskiSenior Vice President and Chief Financial Officer$0
Bettina DalyExecutive Director, Gift Planning and Major Gifts$218,755
Sandy CarapezzaExecutive Director, Development
Lisa JohnsonManager, Development Services
...and 12 more key personnel

Financials for VHF

RevenuesFYE 12/2022
Total grants, contributions, etc.$11,084,206
Program services$0
Investment income and dividends$888,079
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$144,334
Net income from fundraising events$-13,112
Net income from gaming activities$15,433
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,118,940

Form 990s for VHF

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-12990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-03-31990View PDF
2018-122020-02-07990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 5 new personnel
January 2, 2024
Received grants
Identified 17 new grant, including a grant for $162,960 from The John and Anne Oros Foundation
December 31, 2023
Used new vendors
Identified 1 new vendor, including
October 25, 2023
Received grants
Identified 9 new grant, including a grant for $100,000 from Martin and Sondra Rappaport Charitable Private Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsNational levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
223 N Van Dien Ave
Ridgewood, NJ 07450
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
valleyhospitalfoundation.org/ 
Phone
(201) 291-6300
IRS details
EIN
22-2324554
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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