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 grant totaling $171.5M.
Key facts about Teva Cares Foundation
- EIN
- 26-3977456
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $171,467,418
- Grants made (2024)
- 1
- Average grant
- $171,467,418
- Median grant
- $171,467,418
- Total assets
- $116,323,590
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Teva Cares Foundation gives
- Giving grew 566% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Teva Cares Foundation
- How to evaluate Teva Cares Foundation as a funder
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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 grant totaling $171.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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
No officer or director reported compensation in the available filings.
From 2024 IRS 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 grant 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 grant 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.