Novartis US Foundation
The Novartis US Foundation is a private foundation based in East Hanover, New Jersey. It supports programs and partnerships intended to improve health in underserved US communities by expanding access to healthcare, building trust in the healthcare system, and strengthening local communities.
Novartis US Foundation at a glance
In short: Novartis US Foundation gave $13.8M across 9 grants in 2024 (avg $1.5M), top state District of Columbia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $13,790,328
- +35.4% vs 2023
- Grants made (2024)
- 9
- +12.5% vs 2023
- Average grant
- $1,532,259
- +20.4% vs 2023
- Median grant
- $595,134
- Total assets
- $16,755,990
- +12.8% vs 2023
- Primary geography
- District of Columbia (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Novartis US Foundation
- Accepts unsolicited proposals
- No
- Invitation Only
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Its published guidelines say requests are by invitation only; organizations that believe they fit the guidelines are directed to send a brief introduction.
- Contact
Mailing address: One Health Plaza, East Hanover, NJ 07936
Phone: (908) 766-9800
Website: https://novartis.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Novartis US Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Matching Gifts ($2.9M). Together the top 8 received $7.7M.
Organizations only. It also paid 1 individual scholarship ($6,062,989), which are not listed by name.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was in the $500K–1M range: 13 grants of 41 (32%).
Geographic Focus
Where this funder awards grants
The foundation’s guidelines state that its focus is within the United States, with priority given to communities throughout New Jersey and other locations where Novartis has a business presence. In 2024, the largest shares of grant dollars by recipient state were DC (48%), New Jersey (21%), Virginia (12%), Georgia (10%), and California (4%).
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
States
Cities
How Novartis US Foundation gives
- Giving held roughly steady from 2021 to 2024 (+19%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6.5M (2022) to $13.8M (2024). In 2024 it made 9 grants totaling $13.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $6,062,989 |
| Matching Gifts East Hanover, NJ | Matching gift programs are to support educational tax exempt 501(c)(3) organizations or schools with avalid nces code. Areas of eligible organizations include but are not limited to health and human services,education, arts and culture, environment, animal welfare, and civic and community. | $2,914,258 |
| Charities Aid Foundation America Alexandria, VA | General Purpose | $1,586,082 |
| Morehouse School of Medicine Atlanta, GA | General operating - scholarship program for improvement of health and well-being of individuals and communitites, increase the diversity of the health professional and scientific workforce and address primary health care through programs in education, research and service. | $1,311,653 |
| Howard University Washington, DC | Operate a Clinical Trial Center of Excellence | $595,134 |
| Charles R Drew University of Medicine and Science Los Angeles, CA | Establish, maintain and operate a clinical trials center of excellence | $573,641 |
| Meharry Nashville, TN | Furtherance of the goals of the beacon of hope collaboration, establish, maintain and operate a center of excellence for clinical and tranlational research. | $573,641 |
| National Merit Scholarship Evanston, IL | Support for the annual employee child scholarship payment/annual national merit competition. | $162,983 |
| Choose Healthy Life East Stroudsburg, PA | The choose healthy life black clergy action plan is a sustainable, scalable and transferable approach centered around the black church the oldest and most trusted institutions in the black community to address public health disparities. | $9,947 |
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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 | $16,755,990 | $12,468,613 | $14,166,542 | $13,790,328 | 9 | $13,775,425 | $5,878,759 | $730,995 |
| 2023 | $14,852,875 | $11,098,253 | $10,506,293 | $10,184,424 | 8 | $10,184,424 | $4,258,572 | $865,431 |
| 2022 | $13,549,393 | $11,748,476 | $6,807,575 | $6,520,326 | 6 | $6,520,326 | $5,943,107 | $932,697 |
| 2021 | $11,019,681 | $6,780,440 | $11,922,830 | $11,604,941 | 9 | $11,604,941 | $5,521,607 | $1,323,387 |
| 2020 | $12,076,630 | $8,384,010 | $17,085,931 | $11,842,297 | 9 | — | $7,377,196 | $1,486,603 |
Under IRS private-foundation payout rules, Novartis US Foundation reported a distributable amount of $731K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to improve health in underserved communities in the United States by creating innovative and sustainable solutions to expand access to healthcare and build trust within the healthcare system. Its stated areas of work include strengthening health systems, eliminating barriers to quality health services, and enhancing local communities.
Its guidelines identify work to improve healthcare access through digital and other innovative solutions, address implicit bias and barriers to trust between patients and providers, and support diversity in the healthcare workforce. Community priorities include social determinants of health, higher education with an emphasis on STEM, and disaster preparedness. The foundation also describes support for scholarships, disaster-preparedness efforts, and local nonprofits partnering with Novartis and its associates.
Examples of supported organizations illustrate the range of work. Thurgood Marshall College Fund describes its mission as increasing student access, retention, and graduation at member schools, preparing students with leadership potential, and developing an employer pipeline. Morehouse School of Medicine says it works to advance health equity, improve health and well-being, increase workforce diversity, and address primary healthcare through education, research, and service. Choose Healthy Life describes its work as equipping Black churches to address health disparities through health services and community wellness programs.
Grantmaking
In filing year 2024, the foundation reported 9 grants totaling $13,790,328. Grant amounts ranged from $9,947 to $6,062,989, with a median of $595,134.
The largest reported grants included $6,062,989 to Thurgood Marshall College Fund for scholarships, career readiness, and leadership development connected with historically Black medical schools; $2,914,258 for matching gifts to eligible educational tax-exempt organizations or schools; $1,586,082 to Charities Aid Foundation America for general purposes; and $1,311,653 to Morehouse School of Medicine for general operating support and a scholarship program. Other reported grants included $595,134 to Howard University for a clinical trial center of excellence, and $573,641 each to Charles R. Drew University of Medicine and Science and Meharry for clinical-trial or clinical and translational research centers of excellence.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Binta Beard as president; Jamie Huertas as secretary; Eduard Marti as treasurer; Kristina Digravina, David Xia, and Daniel Wipfli as assistant treasurers; Ashley Atkins and Hayley Razloznik as managers; and Michael L. Perez as assistant secretary.
Novartis US Foundation is led by Binta Beard, President on the 2024 filing; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Binta Beard
President
New on the 2024 filing
No compensation reported
Ashley Atkins
Manager
On filings since 2020
No compensation reported
Hayley Razloznik
Manager
On filings since 2020
No compensation reported
Daniel Wipfli
Assistant Treasurer
New on the 2024 filing
No compensation reported
David Xia
Assistant Treasurer
New on the 2024 filing
No compensation reported
Eduard Marti
Treasurer
New on the 2024 filing
No compensation reported
Jamie Huertas
Secretary
New on the 2024 filing
No compensation reported
Kristina Digravina
Assistant Treasurer
New on the 2024 filing
No compensation reported
Michael L. Perez
Assistant Secretary
New on the 2024 filing
No compensation reported
Former officers (14)
- Former: David Hellmuth (2020–2023) — Secretary
- Former: Katherine Vazquez (2020–2023) — Treasurer & Trustee
- Former: Stephen Petty (2020–2023) — Assistant Treasurer
- Former: Dorothy Stenrud (2021–2023) — Assistant Treasurer
- Former: Patrice Matchaba (2021–2023) — President
- Former: Patricia Sestak (2021–2023) — Assistant Treasurer
- Former: David Simpson (2020–2021) — Assistant Treasurer
- Former: Lucia Aurello (2020–2021) — Manager
- Former: Tracy Furey (2020–2021) — President & Trustee
- Former: Bryant Aaron (2020) — Trustee
- Former: Candie Phipps (2020) — Trustee
- Former: Christian Klee (2020) — Trustee
- Former: Marylynn Sauro (2020) — Trustee
- Former: Thomas Kendris (2020) — Chairman
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 Novartis US Foundation
How much does Novartis US Foundation give each year?
Novartis US Foundation gave $13.8M across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10.2M across 8 grants.
What is Novartis US Foundation's typical grant size?
Novartis US Foundation's median grant in 2024 was $595,134, and its average grant was $1,532,259, across 9 grants on its 2024 IRS Form 990-PF.
Where does Novartis US Foundation give grants?
Novartis US Foundation's top state is District of Columbia, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (21%) and Virginia (12%).
Does Novartis US Foundation give general operating support?
Yes: 22% of Novartis US Foundation's 2024 grants with a stated purpose (2 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Novartis US Foundation's largest grantees?
Novartis US Foundation's largest 2024 grantees include Matching Gifts ($2,914,258), Charities Aid Foundation America ($1,586,082) and Morehouse School of Medicine ($1,311,653), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($6,062,989), which are not listed by name. Together they received 42% of its itemized 2024 grant dollars.
How large is Novartis US Foundation?
Novartis US Foundation reported $16.8M in total assets on its 2024 IRS Form 990-PF. It paid out $13.8M in qualifying distributions that year, against a required minimum of $731K (roughly 5% of its investment assets).
What does Novartis US Foundation fund?
The foundation’s mission is to improve health in underserved communities in the United States by creating innovative and sustainable solutions to expand access to healthcare and build trust within the healthcare system. See mission & focus areas ↑
How do I apply for a grant from Novartis US Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Novartis US Foundation's EIN?
Novartis US Foundation's EIN (Employer Identification Number) is 13-6193034. IRS Form 990 filing data is available on this page for 2020–2024.
Does Novartis US Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 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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