Merck Foundation a New Jersey Nonprofit Corporation
Merck Foundation a New Jersey Nonprofit Corporation is a private charitable foundation established and funded by Merck. Incorporated in 1957, the foundation operates as a separate legal entity from Merck and functions independently. Based in Rahway, New Jersey, the foundation has contributed more than $1 billion to support initiatives addressing global health and societal needs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$328.3M
+3.8% YoY
Annual Giving
$25.4M
+4.3% YoY
Grant Count
78
+41.8% YoY
Avg Grant Size
$325K
-26.5% YoY
Mission & Focus Areas
The foundation supports programs designed to promote health, education, and community. Special emphasis is directed toward:
- Improving healthcare quality and capacity
- Increasing access to care for underserved populations in select disease areas of global need, including noncommunicable diseases (NCDs) and chronic conditions such as diabetes, cardiovascular disease, cancers, hepatitis C, and HIV/AIDS
- Advancing health services delivery
- Reducing healthcare disparities
- Fostering innovation in healthcare delivery
- Empowering patients as active participants in managing their health
The foundation also supports Merck employees through grants and volunteerism programs designed to address critical health and social issues in communities where Merck has a presence.
Grantmaking
The foundation makes grants through direct match and clinical grant mechanisms. Recent grantmaking activity includes:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on North Carolina, Pennsylvania, and Delaware. The foundation also supports communities where Merck has a presence globally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $328,259,324
- Total Revenue: $45,354,708
- Total Expenses: $26,363,826
- Net Income: $18,990,882
- Total Liabilities: $227,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $328,259,324 | $316,231,990 | $321,475,454 |
| Revenue | $45,354,708 | $17,266,335 | $-21,982,603 |
| Expenses | $26,363,826 | $26,068,342 | $23,413,935 |
| Qualifying Distributions | $26,035,883 | $25,713,126 | $23,171,312 |
| Net Investment Income | $10,828,588 | $2,460,204 | $40,840,166 |
| Distributable Amount | $15,899,814 | $15,523,551 | $16,259,496 |
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
201 grants across all recorded years
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 |
|---|---|---|---|
| Zachary Jennifer | Chairperson of the Board | — | — |
| Grez Kelly E W | Secretary | — | — |
| Allison Goldberg | President | — | — |
| Dillane Timothy | Assistant Treasurer | — | — |
| Ettelman Karen | Assistant Secretary | — | — |
| Filderman Jon | Vice President | — | — |
| Gary Henningsen | Vice President Tax | — | — |
| Hardy Leslie | Executive Vice President | — | — |
| Lee Juanita | Treasurer | — | — |
| Rosenberg Aaron | Treasurer | — | — |
| Swartwood Robert | Assistant Treasurer | — | — |
| Wildasin Anthony | Assistant Secretary | — | — |
| Carmen Villar | Chief Executive Offi | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced significant scholarship and grant initiatives:
The Merck Company Foundation Announces Over $800,000 in Grants to New Jersey\Provided 1,195 scholarships to women healthcare providers to advance women in science
Merck Foundation provided 1195 scholarships to women healthcare providersAwarded 258 oncology scholarships across 34 countries in partnership with African first ladies for World Cancer Day 2026
Merck Foundation, African first ladies mark World Cancer Day 2026 with 258Announced over $800,000 in grants to New Jersey groups
The Merck Company Foundation Announces Over $800,000 in Grants to New Jersey\Contact Information
Address: 126 E Lincoln Ave, Rahway, NJ 07065-4607
Phone: 732-594-4000
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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