Bristol-Myers Squibb Foundation Inc
Bristol-Myers Squibb Foundation Inc is a private foundation based in Princeton, New Jersey. Its stated mission is to improve global health by increasing healthcare access for disproportionately affected populations through partnerships that build capacity and strengthen health systems.
Bristol-Myers Squibb Foundation Inc at a glance
In short: Bristol-Myers Squibb Foundation Inc gave $67.7M across 144 grants in 2024 (avg $470K), mostly in New Jersey. 26% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $67,694,380
- +28.4% vs 2023
- Grants made (2024)
- 144
- -98.5% vs 2023
- Average grant
- $470,100
- +8614.0% vs 2023
- Median grant
- $134,091
- Total assets
- $83,250,878
- +21.0% vs 2023
- New grantees (estimate)
- 26% first-time grantees (29 of 112, 2024)
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Bristol-Myers Squibb Foundation Inc
- How to Apply
-
The Foundation’s filing lists Catharine Grimes as the application contact and says forms and materials are available upon request. It states that there are no restrictions on awards. The Foundation’s website advises prospective applicants to contact it for information about the grantmaking process.
- Review Cycle
- None stated on the Foundation’s 2024 filing.
- Deadline
- None stated on the Foundation’s 2024 filing.
- Contact
Application contact: Catharine Grimes
Mailing address: Route 206 Province Line Road, Princeton, NJ 08543
Phone: (917) 414-4740
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
8 open opportunities from Bristol-Myers Squibb Foundation Inc
BMS Community Giving Grant
Bristol-Myers Squibb Foundation Inc
Amount
Varies
Deadline
Deadline not published
BMS Corporate Giving Grant
Bristol-Myers Squibb Foundation Inc
Amount
Varies
Deadline
Deadline not published
BMS Independent Medical Education Requests Grant
Bristol-Myers Squibb Foundation Inc
Amount
Up to US $20,000
Deadline
Deadline not published
Who Bristol-Myers Squibb Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Medical College of Virginia ($20.5M across 3 grants). Together the top 10 received $45.2M.
Grant Size Distribution
28,581 grants across all recorded years
The most common grant size was under $50K: 27,895 grants of 28,581 (98%).
Geographic Focus
Where this funder awards grants
The Foundation describes its focus geographies as Brazil, India, ten countries in Sub-Saharan Africa, and the United States. In the 2024 filing, all reported grant dollars were attributed to recipients in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 144 itemized grants.
States
Cities
Is Bristol-Myers Squibb Foundation Inc open to new grantees?
26%
first-time grantees, 2024
In 2024, 29 of 112 grantees (26%) were first-time recipients. First grants averaged $489K; repeat grants $645K. How we count
Medians: $150K first-time, $173K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving grew 81% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $37.3M (2021) to $67.7M (2024). In 2024 it made 144 grants totaling $67.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Medical College of Virginia Princeton, NJ | General Support | $15,175,285 |
| Charities Aid Foundation of America Princeton, NJ | Employee Giving Program | $8,048,827 |
| Texas Childrens Hospital Princeton, NJ | General Support | $7,000,000 |
| Medical College of Virginia Princeton, NJ | General Support | $3,075,000 |
| Medical College of Virginia Princeton, NJ | General Support | $2,288,632 |
| University of Kentucky Research Princeton, NJ | General Support | $1,541,870 |
| Conquer Cancer Foundation Princeton, NJ | General Support | $1,457,502 |
| University of Texas Foundation Princeton, NJ | General Support | $1,311,960 |
| American Association for Cancer Research Princeton, NJ | General Support | $1,205,261 |
| American Heart Association Inc Princeton, NJ | General Support | $1,140,649 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $83,250,878 | $82,957,469 | $43,125,334 | $67,694,380 | 144 | $68,139,956 | $3,014,776 | $3,987,521 |
| 2023 | $68,802,568 | $5,610,141 | $87,099,327 | $52,711,953 | 9,771 | $51,988,296 | $3,809,368 | $3,730,756 |
| 2022 | $115,944,873 | $23,383,202 | $45,598,385 | $53,106,622 | 7,427 | $53,281,347 | $2,031,095 | $7,455,688 |
| 2021 | $146,629,708 | $46,784 | $54,378,393 | $37,324,580 | 7,497 | $37,326,406 | $46,784 | $8,281,387 |
| 2020 | $185,562,237 | $120,430,413 | $117,510,211 | $54,173,635 | 3,742 | — | $429,978 | $4,704,959 |
Under IRS private-foundation payout rules, Bristol-Myers Squibb Foundation Inc reported a distributable amount of $4.0M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The Foundation says it seeks to help create a world where everyone has the opportunity to achieve optimal health, and to bridge divides by empowering local communities and health systems.
Its adult cancer work includes the Multinational Lung Cancer Control Program, which aims to improve awareness, knowledge, and access to lung cancer care. Its pediatric work focuses on pediatric cancers, sickle cell disease, and beta-thalassemia. In brain health, it supports efforts to strengthen prevention, early identification, and access to care for people living with serious mental illness, including workforce development and cross-sector collaboration. Its clinical-trials focus includes the Robert A. Winn Excellence in Clinical Trials Award Program, which seeks to improve participation in clinical trials through training in community engagement.
Grantmaking
In 2024, the Foundation reported 144 grants totaling $67,694,380. Grants ranged from $250 to $15,175,285, with a median of $134,090. The 2023 filing reported 9,771 grants totaling $52,711,953; the 2022 filing reported 7,427 grants totaling $53,106,622.
Among the largest grants reported for 2024 were $15,175,285 to Medical College of Virginia for general support; $8,048,827 to Charities Aid Foundation of America for an employee giving program; and $7,000,000 to Texas Childrens Hospital for general support. Other large awards included $3,075,000 and $2,288,632 to Medical College of Virginia, each for general support, and $1,541,870 to University of Kentucky Research for general support.
The Foundation’s filing states that it does not restrict giving to preselected organizations. It lists application materials as available upon request, no award restrictions, and no filing-stated deadline. The Foundation’s website says to contact it to learn more about its grantmaking process.
A separate BMS corporate giving page states that new grant applications closed on August 14, 2026, during a strategic program review, with grant applications expected to reopen in early 2027. That page also describes New Jersey community giving requests for improving science education as accepted year-round and urges applicants to submit at least 12 weeks before funding is needed.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Catharine Grimes as director and president. Other listed directors are David Elkins, Samit Hirawat, Sandra Leung, Christopher Boerner, and Cari Gallman. Mary Vanatten is listed as secretary, and Sandra Ramos-Alves as treasurer.
Bristol-Myers Squibb Foundation Inc is led by Catharine Grimes, Director & President on every filing since 2023; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Catharine Grimes
Director & President
On filings since 2023
1 hr/week
No compensation reported
Samit Hirawat
Director
On filings since 2020
1 hr/week
No compensation reported
Sandra Leung
Director
On filings since 2020
1 hr/week
No compensation reported
David Elkins
Director
On filings since 2021
1 hr/week
No compensation reported
Cari Gallman
Director
On filings since 2023
1 hr/week
No compensation reported
Christopher Boerner
Director
On filings since 2023
1 hr/week
No compensation reported
Mary Vanatten
Secretary
On filings since 2020
1 hr/week
No compensation reported
Sandra Ramos-Alves
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (6)
- Former: Giovanni Caforio (2020–2022) — Director
- Former: John L. Damonti (2020–2022) — Director & President
- Former: Louis Schmukler (2020–2022) — Director
- Former: Michelle Weese (2022) — Director
- Former: Jeffrey Galik (2020–2021) — Treasurer
- Former: Charles Bancroft (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bristol-Myers Squibb Foundation Inc
How much does Bristol-Myers Squibb Foundation Inc give each year?
Bristol-Myers Squibb Foundation Inc gave $67.7M across 144 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52.7M across 9,771 grants.
What is Bristol-Myers Squibb Foundation Inc's typical grant size?
Bristol-Myers Squibb Foundation Inc's median grant in 2024 was $134,091, and its average grant was $470,100, across 144 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bristol-Myers Squibb Foundation Inc that year got $489K on average.
Where does Bristol-Myers Squibb Foundation Inc give grants?
Bristol-Myers Squibb Foundation Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Princeton, NJ (144 grants).
Does Bristol-Myers Squibb Foundation Inc give general operating support?
Yes: 99% of Bristol-Myers Squibb Foundation Inc's 2024 grants with a stated purpose (143 of 144) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Bristol-Myers Squibb Foundation Inc's largest grantees?
Bristol-Myers Squibb Foundation Inc's largest 2024 grantees include Medical College of Virginia ($20,538,917 across 3 grants), Charities Aid Foundation of America ($8,048,827) and Texas Childrens Hospital ($7,000,000), according to its 2024 IRS Form 990-PF. Together they received 53% of its itemized 2024 grant dollars.
How large is Bristol-Myers Squibb Foundation Inc?
Bristol-Myers Squibb Foundation Inc reported $83.3M in total assets on its 2024 IRS Form 990-PF. It paid out $68.1M in qualifying distributions that year, against a required minimum of $4.0M (roughly 5% of its investment assets).
What does Bristol-Myers Squibb Foundation Inc fund?
The Foundation says it seeks to help create a world where everyone has the opportunity to achieve optimal health, and to bridge divides by empowering local communities and health systems. See mission & focus areas ↑
How do I apply for a grant from Bristol-Myers Squibb Foundation Inc?
The Foundation’s filing lists Catharine Grimes as the application contact and says forms and materials are available upon request. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Bristol-Myers Squibb Foundation Inc's EIN?
Bristol-Myers Squibb Foundation Inc's EIN (Employer Identification Number) is 13-3127947. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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