Pfizer Patient Assistance Foundation Inc
- Assets
- $30.8m
- Revenue
- $1.6b
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 26-1437283
Organization Overview
Pfizer Patient Assistance Foundation Inc is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pfizer Patient Assistance Foundation Inc 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, Pfizer Patient Assistance Foundation Inc generated $1.6b in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.2% each year . All expenses for the organization totaled $1.6b during the year ending 12/2021. While expenses have increased by 37.1% per year over the past 4 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.
Since 2020, Pfizer Patient Assistance Foundation Inc has awarded 274 individual grants totaling $2,973,400,727. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDIVIDUAL PATIENT PROGRAMS
INSTITUTIONAL PATIENT ASSISTANCE PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Roan Chairperson | 29 | $0 | |
Niesha Foster Executive Director | 32 | $0 | |
Patrick Caubel Director | 1 | $0 | |
Beatriz Faro Director | 1 | $0 | |
Dave Herring Director Till 6/25/21 | 1 | $0 | |
Debbie Walters-Francique Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lash Group | 12/30/21 | $10,965,569 |
Sonexus Health Llc | 12/30/21 | $9,300,539 |
Conduent Commercial Solutions Llc | 12/30/21 | $4,466,303 |
Pricewaterhouse Coopers Llp | 12/30/21 | $491,304 |
Ameripharma Inc | 12/30/21 | $2,394,878 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,614,300,764 |
| 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 | $498 |
| Total Revenue | $1,614,301,262 |
| 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 | $750 |
| Total operating and administrative expenses | $28,251,709 |
| Contributions, gifts, grants paid | $1,585,379,586 |
| Total expenses and disbursements | $1,613,631,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,150,722 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $27,648,599 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| 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 | $30,799,321 |
| Accounts payable and accrued expenses | $14,760,179 |
| 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 | $14,760,179 |
Grants Awarded
Over the last fiscal year, Pfizer Patient Assistance Foundation Inc has awarded $1,585,379,586 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
INDIVIDUAL PATIENT PROGRAMS PURPOSE: CHARITABLE | $1,583,696,189 |
Columbia, SC PURPOSE: CHARITABLE | $608,472 |
NC MEDASSIST PURPOSE: CHARITABLE | $257,704 |
UNIVERSITY HEALTH TRUMAN MEDICAL CENTER PURPOSE: CHARITABLE | $123,956 |
THE FREE MEDICAL CLINIC PURPOSE: CHARITABLE | $87,364 |
UNIVERSITY HEALTH TRUMAN MEDICAL CENTER LAKEWOOD PURPOSE: CHARITABLE | $43,845 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yale New Haven Health Services Corporation New Haven, CT | $2,533,997,745 | $836,585,241 |
New York-Presbyterian Fund Inc New York, NY | $3,232,360,059 | $309,360,854 |
Associated Physicians Of Harvard Faculty Physicians At Beth Isreal Boston, MA | $30,660,793 | $173,206,517 |
Summit Physician Services York, PA | $14,991,039 | $137,854,804 |
Hearthstone Senior Communities Inc Bala Cynwyd, PA | $23,952,064 | $83,448,118 |
Albert Einstein Healthcare Network Philadelphia, PA | $101,892,525 | $75,155,441 |
Northwell Health Foundation Westbury, NY | $461,901,470 | $139,689,097 |
Penn Highlands Healthcare Dubois, PA | $174,985,367 | $81,650,655 |
Childrens Orthopaedic Surgery Foundation Inc Boston, MA | $150,881,893 | $69,430,775 |
Good Shepherd Rehabilitation Network Allentown, PA | $439,427,307 | $71,655,842 |
Boston Childrens Heart Foundation Boston, MA | $101,329,197 | $54,530,838 |
Catholic Health System Of Long Island Rockville Centre, NY | $580,308,381 | $30,450,419 |