Glaxosmithkline Patient Access Programs Foundation
- Assets
- $49.3m
- Revenue
- $613.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 20-0031992
Organization Overview
Glaxosmithkline Patient Access Programs Foundation is located in Philadelphia, PA. The organization was established in 2004. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glaxosmithkline Patient Access Programs Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Glaxosmithkline Patient Access Programs Foundation generated $613.6m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $613.6m during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE SEE STATEMENT 10 AND 11 FOR PROGRAM LISTING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman J Vojir Treasurer | 4 | $0 | |
Emily Gibb President & Executive Director | 4 | $0 | |
Kathleen Quinn Director | 4 | $0 | |
Uleys Jasper Beard Vice President | 4 | $0 | |
Jeffrey S Paden Director | 4 | $0 | |
Vanel Brown Secretary | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mckesson Specialty Health Pharmaceutical | 12/30/21 | $2,104,390 |
Pharmacord Llc | 12/30/21 | $483,178 |
Lash Group Inc | 12/30/21 | $19,482,340 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $613,627,609 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $613,627,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,069,908 |
| Total operating and administrative expenses | $22,069,908 |
| Contributions, gifts, grants paid | $591,557,701 |
| Total expenses and disbursements | $613,627,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $49,296,475 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $49,296,475 |
| Accounts payable and accrued expenses | $49,296,475 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $49,296,475 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Glaxosmithkline Patient Access Programs Foundation Philadelphia, PA | $49,296,475 | $613,627,609 |
Open Society Institute New York, NY | $5,888,437,822 | $988,350,898 |
Otsuka Patient Assistance Foundation Inc Princeton, NJ | $34,929,350 | $187,909,465 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Community Education Building Corp Wilmington, DE | $62,091,900 | $5,409,569 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |