- Revenue 2024
- $2,601,621
- Expenses 2024
- $1,391,779
Program services were 91.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- B41I
- Classification
- 2000
- Street
- PO BOX 3300
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
Please see Schedule O.
Activities or mission (Part I)
The Mission of the Foundation is to raise funds above and beyond the public tuiton sources and to promote awareness of the institution. The Foundation directs these funds to assist the College in providing affordable, accessible and quality educational and cultural experiences to the community.
-
Educational activities and assistance to Raritan Valley Community Colleges 9,966 credit seeking students and nearly 1,000 non-credit students.
Expenses $1,279,559 · Grants $1,229,559
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Dr Michael J McDonough
President
- Total calculated
- $502,692
- From this org
- $0
- From related orgs
- $399,108
- Other
- $103,584
- Hours/week
- 3
Schedule J breakdown matched by us
- Base
- $0 + $309,208 related
- Bonus
- $0 + $15,000 related
- Other
- $0 + $74,900 related
- Deferred
- $0 + $59,000 related
- Nontaxable benefits
- $0 + $44,584 related
- Filer's total
- $0 + $502,692 related
-
Allan Boomer
Chair
- Total calculated
- $0
- Hours/week
- 3
-
Dan Van Tran
Vice Chair
- Total calculated
- $0
- Hours/week
- 3
-
John Trojan
Treasurer (VP of Finance and Facilities)
- Total calculated
- $280,724
- From this org
- $0
- From related orgs
- $244,041
- Other
- $36,683
- Hours/week
- 3
Schedule J breakdown matched by us
- Base
- $0 + $216,090 related
- Bonus
- $0 + $5,000 related
- Other
- $0 + $22,951 related
- Deferred
- $0 + $35,297 related
- Nontaxable benefits
- $0 + $1,386 related
- Filer's total
- $0 + $280,724 related
-
Gary C Woodring
Asst. Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Michael Bzdak
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
David Bunevich
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Lila Seroy
Board member (student)
- Total calculated
- $0
- Hours/week
- 2
-
Rebecca Geary
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Deirdre Blaus
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Tammy Stouchko
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Joel F Reyes-Guzman
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Steven A Reichman
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Michael Schwertfeger
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Sean Fleming
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Wanda Shoer
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Ricardo Ramirez
Board member (student)
- Total calculated
- $0
- Hours/week
- 2
-
Gene McCarthy
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Parag S Jategaonkar
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Raquel Mura
Board member
- Total calculated
- $0
- Hours/week
- 2
-
Michael Marion
Executive Director
- Total calculated
- $212,821
- From this org
- $0
- From related orgs
- $197,435
- Other
- $15,386
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $0 + $178,722 related
- Bonus
- $0 + $5,000 related
- Other
- $0 + $13,713 related
- Deferred
- $0 + $14,000 related
- Nontaxable benefits
- $0 + $1,386 related
- Filer's total
- $0 + $212,821 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $2,601,621
- Expenses
- $1,391,779
- Contributions
- $2,332,270
- Grants paid
- $1,229,559
-
2023
- Revenue
- $1,753,915
- Expenses
- $1,373,386
- Contributions
- $1,542,993
- Grants paid
- $1,159,361
-
2022
- Revenue
- $1,049,932
- Expenses
- $1,195,609
- Contributions
- $929,962
- Grants paid
- $1,010,574
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $959,485
- Expenses
- $1,074,825
- Assets (EOY)
- $4,929,209
-
2020 · 990
- Revenue
- $1,479,296
- Expenses
- $890,897
- Assets (EOY)
- $5,718,188
-
2019 · 990
- Revenue
- $1,078,858
- Expenses
- $1,387,971
- Assets (EOY)
- $4,471,026
-
2018 · 990
- Revenue
- $1,145,157
- Expenses
- $1,273,433
- Assets (EOY)
- $4,979,058
-
2017 · 990
- Revenue
- $1,890,454
- Expenses
- $1,251,408
- Assets (EOY)
- $5,076,893
-
2016 · 990
- Revenue
- $1,006,173
- Expenses
- $1,160,241
- Assets (EOY)
- $4,268,921
-
2015 · 990
- Revenue
- $1,297,508
- Expenses
- $897,889
- Assets (EOY)
- $4,615,949
-
2014 · 990
- Revenue
- $959,570
- Expenses
- $742,210
- Assets (EOY)
- $4,224,378
-
2013 · 990
- Revenue
- $762,223
- Expenses
- $968,495
- Assets (EOY)
- $3,880,186
-
2011 · 990
- Revenue
- not reported
- Expenses
- $615,955
- Assets (EOY)
- $3,423,634
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
Raritan Valley Community College
$776,221
2024 Student Programs
-
Raritan Valley Community College
$700,768
2023 Student Programs
-
RARITAN VALLEY COMMUNITY COLLEGE
$525,112
2022 STUDENT PROGRAMS
Grants received
-
THE AYCO CHARITABLE FOUNDATION
$375,000
2024 EDUCATION
-
THE AYCO CHARITABLE FOUNDATION
$112,500
2023 EDUCATION
-
COMMUNITY FOUNDATION OF NEW JERSEY
$100,000
2022 UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
-
2023 UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
-
THE AYCO CHARITABLE FOUNDATION
$78,000
2022 EDUCATION
-
2024 SCHOLARSHIP GRANT
-
CHARITIES AID FOUNDATION AMERICA
$25,200
2024 CHARITABLE DONATION
-
2023 NURSING EDUCATION
-
2024 NURSING EDUCATION
-
2022 NURSING EDUCATION
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
Raritan Valley Community College
501(c)(3) · Education · NJ
Declared as related by
-
RARITAN VALLEY COMMUNITY COLLEGE DIR OF BUDGET & FINANCE OFFICE
On its 2023 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.