Mckesson Foundation Inc
The McKesson Foundation is a private grantmaking foundation based in Dallas, Texas, established in 1992. It operates as a 501(c)(3) tax-exempt organization and serves as the philanthropic arm of McKesson Corporation. The Foundation is guided by McKesson's corporate purpose of "Advancing Health Outcomes for All®" and focuses on strengthening communities through charitable contributions aligned with healthcare and community development priorities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-63.6% YoY
Annual Giving
$14.0M
+2.2% YoY
Grant Count
40
-98.2% YoY
Avg Grant Size
$349K
+5684.2% YoY
Mission & Focus Areas
The Foundation supports two primary strategic giving pillars:
Accelerating Crisis Response — Supporting nonprofit partners that help families and communities prepare for and recover from disasters by providing necessities like food, shelter, and medicine. The Foundation also provides ongoing support to organizations assisting vulnerable individuals and communities with access to food and medicine.
Giving Comfort — A charity initiative that provides cancer patients with cancer care packages filled with comfort items.
The Foundation's broader charitable interests center on:
- Advancing health outcomes
- Supporting communities
- Improving healthcare access
- Cancer care and support
- Diversity in healthcare professions
Grantmaking
The Foundation accepts funding requests in two categories:
Grant Range
s & Types**
How to Apply
**
Ready to take the next step with Mckesson Foundation Inc?
Geographic Focus
Where this funder awards grants
The Foundation supports both national and local organizations.
National Organizations: Program scope can be across the United States and/or Canada or in targeted regions.
Local Organizations: The Foundation has eight priority locations:
- Atlanta, Georgia
- Columbus, Ohio
- Dallas-Fort Worth, Texas
- Houston, Texas
- Memphis, Tennessee
- Montreal, Quebec
- Richmond, Virginia
- Toronto, Ontario
Funding to local organizations serving outside these communities is unlikely to be considered.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Data:
- Revenue: $5,078,861
- Expenses: $14,500,000
- Total Assets: $4,440,000
- Total Liabilities: $5,550,000
The Foundation has filed Form 990-PF tax returns annually from 2011 through 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,615,367 | $4,443,165 | $9,118,518 |
| Revenue | $10,300,828 | $5,078,861 | $1,101 |
| Expenses | $14,909,178 | $14,494,226 | $4,175,705 |
| Qualifying Distributions | $14,877,985 | $14,467,291 | $4,158,168 |
| Net Investment Income | $269,635 | $51,926 | — |
| Distributable Amount | $339,204 | $307,187 | $569,252 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
142 grants across all recorded years
Open Grants
2 open opportunities from Mckesson Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELISSA THOMPSON | PRESIDENT | 20 | — |
| NADZEYA TARABUKINA-SOMMERS | TREASURER | 0.4 | — |
| SHARON BILLINGTON | SECRETARY | 0.4 | — |
| PAUL A SMITH | ASSISTANT SECRETARY | 0.4 | — |
| BRIAN S TYLER | DIRECTOR | 0.4 | — |
| ERIN YOUNG | DIRECTOR | 0.4 | — |
| JEANINE SINGER | DIRECTOR | 0.4 | — |
| LEANN SMITH | DIRECTOR | 0.4 | — |
| MICHELE LAU | DIRECTOR | 0.4 | — |
| NAPOLEON RUTLEDGE | DIRECTOR | 0.4 | — |
| NIMESH JHAVERI | DIRECTOR | 0.4 | — |
| RITA MAE MCLEAN | DIRECTOR | 0.4 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has awarded significant grants to advance healthcare education and access:
**$4.1 million** awarded to pharmacy schools to help close the diversity gap and improve health outcomes
Irving-Based McKesson Foundation Awards $4.1 Million to Pharmacy Schools\**$1.5 million** grant to the University of Michigan to aid efforts closing the diversity gap and improving health outcomes
The Ohio State University College of Pharmacy receives $1.15 million grant**$1.15 million** grant to The Ohio State University College of Pharmacy to launch the PROPEL program
The Ohio State University College of Pharmacy receives $1.15 million grant**$1.28 million** two-year grant to the National Association of Free & Charitable Clinics (NAFC) for free and charitable clinic support
McKesson Foundation Grant Supports RemediChain's Mission - RemedichainGrant support to RemediChain to advance its mission
McKesson Foundation Grant Supports RemediChain's Mission - RemedichainThe Foundation also partners with the American Cancer Society through a longstanding partnership supporting cancer research, access to care initiatives, and screening and prevention efforts.
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Mckesson Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities