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EAST HANOVER, NJ

Novartis Patient Assistance Foundation

Quick Facts

EIN
262502555
Location
EAST HANOVER, NJ
Category
Health
Total Assets
$382.9M
Annual Income
$3.4B
IRS Ruling Year
2010
Organization Type
Corporation
Principal Officer
% Robert Re
Tax Deductibility
Contributions are deductible

About This Foundation

Novartis Patient Assistance Foundation is a private corporation based in EAST HANOVER, NJ. The foundation received its IRS ruling in 2010. The principal officer is % Robert Re. It holds total assets of $382.9M. Annual income is reported at $3.4B. The foundation operates in the area of health. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$2.9B

2023+0%

Total Assets

$177M

2023-39%

Fair Market Value

$177M

2023

Net Worth

$177M

2023

Grants Paid

$2.9B

2023

Contributions

$2.8B

2023

Net Investment Income

$0

2023

Distribution Amount

$0

2023

Total Giving by Year

$338.8M
11
$459.7M
12
$459.8M
13
$462M
14
$551.2M
15
$1.9B
19
$3.3B
20
$2.6B
21
$2.9B
22
$2.9B
23

Asset Growth

$23.3M
11
$31.6M
12
$32.5M
13
$36M
14
$55.2M
15
$124.5M
19
$214.1M
20
$159.7M
21
$290.2M
22
$177M
23

Financial Details (2023)

Total Revenue
$2.8B
Total Expenses
$2.9B
Exempt Purpose Expenses
$2.9B
Required Distribution
$0
Undistributed Income
$0
Total Liabilities
$1

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

1

Total Giving

$2.9B

Average Grant

$2.9B

Median Grant

$2.9B

Grant Range

Min$2.9B
Max$2.9B
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
NJ: $2.9B (1)
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NJ$2.9B (1)

Past Grantees

RecipientLocationAmountYear
Various IndividualsMEDICAL PRODUCT DONATIONEast Hanover, NJ$2.9B2023

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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