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Novartis Us Foundation

EAST HANOVER, NJ EIN: 13-6193034 Website

The Novartis US Foundation is a private grantmaking foundation incorporated in Delaware in 1965 and based in East Hanover, New Jersey. The foundation adopted its current name in 1997 following a merger with the Ciba Educational Foundation, Inc. It operates as a company-sponsored foundation and is classified as a 501(c)(3) charitable organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.8M

+12.8% YoY

Annual Giving

$13.8M

+35.4% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$1.5M

+20.4% YoY

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 April 2026.

Mission & Focus Areas

The mission of the Novartis US Foundation 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.

The foundation supports sustainable programs and partnerships that:

  • Strengthen health systems
  • Eliminate barriers to quality health services
  • Enhance local communities

Primary funding areas include education and public affairs initiatives.

Grantmaking

The foundation matches contributions made by its employees to nonprofit organizations. Based on recent fiscal data, the foundation awarded approximately $10.2 million in grants in the previous year across approximately 2,078 grants, with an average grant size of approximately $4,000.

Grant Range

of approximately $4,000.

Average Grant

of approximately $4,000.

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Geographic Focus

Where this funder awards grants

The foundation supports projects across multiple states and cities in the United States, including:

  • California
  • Georgia
  • Illinois
  • New Jersey
  • Pennsylvania
  • Tennessee
  • Virginia
  • Washington DC

Specific cities where the foundation has funded initiatives include Alexandria, Atlanta, Chicago, Los Angeles, and Washington DC.

Grant Distribution by State

11states
+3 more states

Cities

AlexandriaAmericusAndoverAtlantaBostonChicagoE StoudsburgEast HanoverEast StroudsburgEvanstonLos AngelesMorristownNashvilleNew YorkStamfordTrentonWashingtonWashington Dc

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (Fiscal Year 2024):

  • Total Assets: $16.8 million
  • Total Revenue: $12.5 million
  • Total Expenses: $14.2 million
  • Total Liabilities: $10.7 million

Prior Year Data (Fiscal Year 2023):

  • Total Assets: $14.9 million
  • Total Revenue: $11.1 million
  • Total Expenses: $10.5 million

The foundation has demonstrated significant growth, with revenue increasing by an average of 43.2% annually over a four-year period.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20202021202220232024
Metric202420232022
Total Assets$16,755,990$14,852,875$13,549,393
Revenue$12,468,613$11,098,253$11,748,476
Expenses$14,166,542$10,506,293$6,807,575
Qualifying Distributions$13,775,425$10,184,424$6,520,326
Net Investment Income$5,878,759$4,258,572$5,943,107
Distributable Amount$730,995$865,431$932,697

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$14M9 grants20209 grants20216 grants20228 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

THURGOOD MARSHALL COLLEG…$6.1MMATCHING GIFTS$2.9MCHARITIES AID FOUNDATION…$1.6MMOREHOUSE SCHOOL OF MEDI…$1.3MHOWARD UNIVERSITY$595KCHARLES R DREW UNIVERSIT…$574KMEHARRY$574KNATIONAL MERIT SCHOLARSHIP$163KCHOOSE HEALTHY LIFE$10K

Grant Size Distribution

41 grants across all recorded years

3<$50K3$50–100K5$100–250K1$250–500K13$500K–1M13$1–5M3$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Thurgood Marshall College Fund ($6,062,989), Matching Gifts ($2,914,258), Charities Aid Foundation America ($1,586,082).

RecipientPurposeAmount
CHARITIES AID FOUNDATION AMERICA ALEXANDRIA, VAGENERAL PURPOSE$1,586,082
CHARLES R DREW UNIVERSITY OF MEDICINE AND SCIENCE LOS ANGELES, CAESTABLISH, MAINTAIN AND OPERATE A CLINICAL TRIALS CENTER OF EXCELLENCE$573,641
HOWARD UNIVERSITY WASHINGTON, DCOPERATE A CLINICAL TRIAL CENTER OF EXCELLENCE$595,134
MATCHING GIFTS EAST HANOVER, NJMATCHING 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
MEHARRY NASHVILLE, TNFURTHERANCE OF THE GOALS OF THE BEACON OF HOPE COLLABORATION, ESTABLISH, MAINTAIN AND OPERATE A CENTER OF EXCELLENCE FOR CLINICAL AND TRANLATIONAL RESEARCH.$573,641
MOREHOUSE SCHOOL OF MEDICINE ATLANTA, GAGENERAL 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
THURGOOD MARSHALL COLLEGE FUND WASHINGTON DC, DCESTABLISH A PROGRAM DESIGNED TO PROVIDE SCHOLARSHIPS, CAREER READINESS AND LEADERSHIP DEVELOPMENT TO STUDENTS AND COMPETITIVE FACULTY TO HISTORICALLY BLACK MEDICAL SCHOOLS$6,062,989
CHOOSE HEALTHY LIFE EAST STROUDSBURG, PATHE 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
NATIONAL MERIT SCHOLARSHIP EVANSTON, ILSUPPORT FOR THE ANNUAL EMPLOYEE CHILD SCHOLARSHIP PAYMENT/ANNUAL NATIONAL MERIT COMPETITION.$162,983

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Patrice Matchaba - President
  • David Hellmuth - Secretary
  • Katherine Vazquez - Treasurer/Trustee

All key personnel serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMIE HUERTASSECRETARY
EDUARD MARTITREASURER
KRISTINA DIGRAVINAASSISTANT TREASURER
ASHLEY ATKINSMANAGER
HAYLEY RAZLOZNIKMANAGER
DAVID XIAASSISTANT TREASURER
DANIEL WIPFLIASSISTANT TREASURER
BINTA BEARDPRESIDENT
MICHAEL L PEREZASSISTANT SECRETARY

Recent News & Activity

Recent developments and announcements

The Novartis US Foundation has been active in supporting health equity and diversity initiatives:

Novartis Lights A Beacon Of Hope For Diversity And Inclusion

The foundation established a $5 million US COVID-19 Community Response Fund to address pandemic-related health disparities

Novartis and the Novartis US Foundation establish USD 5 million US COVID-19

The foundation is engaged in the "Beacon of Hope" initiative, which focuses on supporting clinical trial diversity and breaking down economic and education barriers

The foundation has expanded partnerships with Historically Black Medical Schools to address systemic health disparities

Novartis expands Beacon of Hope through alliances with Historically Black

Novartis pledged a 10-year commitment with Morehouse School of Medicine and 26 Historically Black Colleges, Universities, Medical Schools, and other leading organizations to co-create effective, measurable solutions for health equity

Novartis strengthens commitment to Beacon of Hope initiative ...

Frequently Asked Questions

What does Novartis Us Foundation fund?

The mission of the Novartis US Foundation 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. The foundation supports sustainable programs and partnerships that: • Strengthen health systems • Eliminate barriers to quality health services • Enhance local communities Primary funding areas include education and public affairs initiatives.

How do I apply for a grant from Novartis Us Foundation?

The foundation matches contributions made by its employees to nonprofit organizations. Based on recent fiscal data, the foundation awarded approximately $10.2 million in grants in the previous year across approximately 2,078 grants, with an average grant size of approximately $4,000. The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Where does Novartis Us Foundation make grants?

The foundation supports projects across multiple states and cities in the United States, including: • California • Georgia • Illinois • New Jersey • Pennsylvania • Tennessee • Virginia • Washington DC Specific cities where the foundation has funded initiatives include Alexandria, Atlanta, Chicago, Los Angeles, and Washington DC.

What size grants does Novartis Us Foundation award?

In 2024, Novartis Us Foundation awarded 9 grants totaling $13.8M — an average of about $1.5M per grant, based on its IRS Form 990 filings.

How much is Novartis Us Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Novartis Us Foundation reported a distributable amount of $731K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in Novartis Us Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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