Teva Cares Foundation is a private foundation focused on Health, based in PARSIPPANY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $116.3M in total assets. In 2024, it awarded 1 grants totaling $171.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$116.3M
+2717.9% YoY
Annual Giving
$171.5M
+835.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$171.5M
+835.1% YoY
About Teva Cares Foundation
Based on IRS filings
Teva Cares Foundation is a private foundation focused on Health, based in PARSIPPANY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $116.3M in total assets. In 2024, it awarded 1 grants totaling $171.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $116,323,590 | $4,128,054 | $7,859,317 |
| Revenue | $288,751,157 | $17,618,124 | $35,461,866 |
| Expenses | $175,750,300 | $21,623,208 | $32,596,217 |
| Qualifying Distributions | $172,136,413 | $20,786,386 | $31,806,427 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Donation of Inventories ($171,467,418).
| Recipient | Purpose | Amount |
|---|---|---|
| Donation of Inventories Parsippany, NJ | Foundation provides prescription drugs at no cost to qualifying individuals under a Patient Assistance Program (PAP). Expense include drugs as well as a service to administer the program. numerous Individuals that meet PAP requirements; Due to HIPPA privacy issues, no details can be provided on the return. Information maintained by the Foundation. | $171,467,418 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nicole Higgins | Director and Treasurer | — | — |
| Tom Rainey | Director | — | — |
| Carol Richardson | Director and President | — | — |
| Brian Sharkey | Director and Vice Chair | — | — |
| Marc Eida | Director and Secretary | — | — |
| Susan Larijani | Director | — | — |
| Kate Friday | Director | — | — |
| Kelley Dougherty | Director and Chair | — | — |
| Danielle Cimon | Assistant Secretary | — | — |
| Michelle Keller | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Teva Cares Foundation?
Teva Cares Foundation is a private foundation focused on Health, based in PARSIPPANY, NJ. It holds $116.3M in total assets as of 2024.
How large is Teva Cares Foundation?
As of 2024, Teva Cares Foundation holds $116.3M in total assets with $288.8M in annual revenue. It awarded 1 grants totaling $171.5M in 2024.
Where does Teva Cares Foundation operate?
Teva Cares Foundation has awarded grants in New Jersey.
What size grants does Teva Cares Foundation award?
In 2024, Teva Cares Foundation awarded 1 grants totaling $171.5M — an average of about $171.5M per grant, based on its IRS Form 990 filings.
What is Teva Cares Foundation's EIN?
Teva Cares Foundation's EIN (Employer Identification Number) is 26-3977456. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Teva Cares Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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