The Deerfield Partnership Foundation
The Deerfield Partnership Foundation is a private grantmaking foundation established in 2005 and based in New York City. It is supported by Deerfield Management Company LP, with funding provided through employee contributions and directly from Deerfield's profits. The foundation operates as a 501(c)(3) organization with the mission to improve health, accelerate innovation, and promote human equity throughout the world.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.7M
+91.5% YoY
Annual Giving
$353K
-93.6% YoY
Grant Count
66
+32.0% YoY
Avg Grant Size
$5K
-95.1% YoY
Under IRS private-foundation payout rules, The Deerfield Partnership Foundation reported a distributable amount of $6.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports programs designed to invest in healthcare for those in need on both local and global scales, with special emphasis directed toward programs that benefit children. The foundation partners with healthcare-focused nonprofits to make a difference in the lives of patients and families.
Grantmaking
The foundation makes grants across healthcare and related sectors. Recent grant activity includes:
Grant Range
**: Typical awards range from $50 to $1,500,000
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Geographic Focus
Where this funder awards grants
The foundation funds programs in New York, New Jersey, and the District of Columbia, as well as internationally. The foundation has supported organizations operating in diverse locations, including clinics in the South Bronx and the highlands of Nepal.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023):
- Total Assets: $15,498,503
- Total Revenues: $5,923,129
- Total Expenses: $6,905,219
- Total Giving: $352,860
Earlier Data (2024 Tax Year):
- Assets: $141 million
- Distributions: $1.5 million
- Contributions: $587,000
The foundation has zero employees listed on its tax filings.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,679,577 | $15,498,503 | $16,480,593 |
| Revenue | $15,987,138 | $5,923,129 | $6,374,406 |
| Expenses | $1,814,238 | $6,905,219 | $6,663,415 |
| Qualifying Distributions | $1,452,859 | $6,705,720 | $6,495,649 |
| Net Investment Income | $15,570,630 | $5,414,986 | $5,094,617 |
| Distributable Amount | $6,702,621 | $12,155,737 | $5,040,781 |
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
233 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include A-z Children Limited ($129,935), American Society of Hematology Inc ($125,000), Gabrielles Angel Foundation for Cancer Research in ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A-Z CHILDREN LIMITED | Scaling up maternal and child health care and emergency pediatric services in the Nansana Municipality, Uganda | $129,935 |
| AMERICAN CANCER SOCIETY NEW YORK, NY | Charitable Event | $126 |
| AMERICAN NATIONAL RED CROSS INTERNATIONAL RESPONSE WASHINGTON, DC | General & Unrestricted | $500 |
| AMERICAN SOCIETY OF HEMATOLOGY INC WASHINGTON, DC | General & Unrestricted | $125,000 |
| ANNIETOBER 365 FOUNDATION LIVINGSTON, NJ | General & Unrestricted | $250 |
| BINGHAMTON UNIVERSITY BINGHAMTON, NY | General & Unrestricted | $100 |
| BROOKLYN BRIDGE PARK CONSERVANCY INC BROOKLYN, NY | General & Unrestricted | $100 |
| BROOKLYN FRIENDS SCHOOL BROOKLYN, NY | General & Unrestricted | $375 |
| CHADTOUGH DEFEAT DIPG FOUNDATION SALINE, MI | General & Unrestricted | $1,000 |
| CHAMINADE HIGH SCHOOL MINEOLA, NY | General & Unrestricted | $250 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Mark Veich - President and Director
- James Flynn - Chairman of the Board
- Jonathan Isler - Treasurer and Director
- Robert Snetiker - Secretary and Director
- Additional directors include Christine Brideau, Alexis Caze, Andrew ElBardissi, Karen Heidelberger Retzler, Leslie Henshaw, Jana Jensen, and others
- Julianna Santamaria - Executive Assistant
Deerfielders at every level of the firm serve as active contributors to the foundation through committee service, operational liaison work, and participation in volunteer opportunities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christine Brideau | Dir, VP | 1 | — |
| Alexis Caze | Dir | 1 | — |
| Andrew ElBardissi | Dir, VP | 1 | — |
| James Flynn | Dir, Chairman of the Board | 1 | — |
| Karen Heidelberger Retzler | Dir, VP | 1 | — |
| Leslie Henshaw | Dir, VP | 1 | — |
| Jonathan Isler | Dir, Treas | 1 | — |
| Jana Jensen | Dir, VP | 1 | — |
| Robert Snetiker | Dir, Sec | 1 | — |
| Mark Veich | Pres, Dir | 50 | $450,000 |
Recent News & Activity
Recent developments and announcements
The foundation announced a $1.5 million award to improve health, accelerate innovation, and promote equity. Additionally, the University of Chicago and Deerfield Management launched Hyde Park Discovery, an initiative to accelerate the translation of research into life-saving treatments.
Deerfield Foundation Awards $1.5 Million to Improve Health, Accelerate Innovation,The foundation actively engages employees in volunteer activities, including mentoring and career exploration with Covenant House, partnership with WIN (Women in Need) for family shelter support, and corporate day activities with local students.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Deerfield Partnership Foundation fund?
The foundation supports programs designed to invest in healthcare for those in need on both local and global scales, with special emphasis directed toward programs that benefit children. The foundation partners with healthcare-focused nonprofits to make a difference in the lives of patients and families.
How do I apply for a grant from The Deerfield Partnership Foundation?
The foundation makes grants across healthcare and related sectors. Recent grant activity includes: • **Grant Range**: Typical awards range from $50 to $1,500,000 • **Recent Large Grants** (2023): • Advancium Health Network: $1,500,000 (two grants) for hiring and supporting personnel, purchasing equipment and supplies, and developing marketing materials • Magdi Yacoub Global Heart Foundation: $170,000 for cardiac surgeries for infants and children and training The foundation made 22 grants in 20…
Where does The Deerfield Partnership Foundation make grants?
The foundation funds programs in New York, New Jersey, and the District of Columbia, as well as internationally. The foundation has supported organizations operating in diverse locations, including clinics in the South Bronx and the highlands of Nepal.
What size grants does The Deerfield Partnership Foundation award?
In 2024, The Deerfield Partnership Foundation awarded 66 grants totaling $353K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Deerfield Partnership Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Deerfield Partnership Foundation reported a distributable amount of $6.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Deerfield Partnership Foundation's EIN?
The Deerfield Partnership Foundation's EIN (Employer Identification Number) is 05-0618950. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Deerfield Partnership Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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