Genentech Patient Foundation is located in South San Francisco, CA. The organization was established in 2003. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genentech Patient 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, Genentech Patient Foundation generated $3.3b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $3.3b during the year ending 12/2021. While expenses have increased by 44.9% per year over the past 5 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
DISTRIBUTION OF PHARMACEUTICAL PRODUCTS TO ELIGIBLE UNINSURED OR UNDERINSURED PATIENTS IN THE UNITED STATES. DURING 2021, THE GENENTECH PATIENT FOUNDATION PROVIDED
$3.3 BILLION WORTH OF PRESCRIPTION DRUGS TO PATIENTS.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,269,769,743 |
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 | $3,269,769,743 |
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 | $53,315,234 |
Total operating and administrative expenses | $53,315,234 |
Contributions, gifts, grants paid | $3,263,071,630 |
Total expenses and disbursements | $3,316,386,864 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $12,548,754 |
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 | $324,770,092 |
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 | $337,318,846 |
Accounts payable and accrued expenses | $0 |
Grants payable | $82,245,879 |
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 | $82,245,879 |
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