The Pfizer Foundation Inc
The Pfizer Foundation Inc is a private charitable foundation established by Pfizer Inc in 1953 and incorporated in Brooklyn, NY. It operates as a separate legal entity from Pfizer Inc with distinct legal restrictions. The foundation is headquartered at 66 Hudson Boulevard East in New York City, NY and has been tax-exempt since March 1955. The organization is classified as a 501(c)(3) private grantmaking foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$255.3M
-0.0% YoY
Annual Giving
$23.2M
-49.1% YoY
Grant Count
9,306
-15.9% YoY
Avg Grant Size
$2K
-39.6% YoY
Under IRS private-foundation payout rules, The Pfizer Foundation Inc reported a distributable amount of $12.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: To promote access to quality health care, to nurture innovation, and to support the community involvement of Pfizer colleagues. The Pfizer Foundation provides funding and resources to local and international organizations that expand and improve global health strategies.
Primary Focus Areas:
- Access to innovative care and quality healthcare
- Strengthening health systems
- Reducing vaccine-preventable illness
- Global health innovation
- Community health initiatives
- Women's health, including breast cancer care
- Education
- Disaster relief and management
- Employee volunteer support
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation funds organizations globally, with particular emphasis on:
- Sub-Saharan Africa (including Rwanda, Ghana, Tanzania, Kenya, and Ethiopia)
- United States
- Lower-income countries
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $255,288,291
- Total Revenue: $17,119,809
- Total Expenses: $30,321,913
- Net Income: -$13,202,104
- Total Liabilities: $8,340,000
Revenue Breakdown (2024):
- Contributions Received: $10,470,515
- Sales of Assets: $6,310,584
- Dividends: $338,710
Notable Historical Context: In 2010, the foundation provided nearly $22 million in grants and employee matching gifts to non-governmental organizations around the world.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $255,288,291 | $255,366,549 | $256,390,731 |
| Revenue | $17,119,809 | $17,676,677 | $37,938,846 |
| Expenses | $30,321,913 | $49,591,716 | $52,088,243 |
| Qualifying Distributions | $24,539,754 | $47,286,305 | $52,065,508 |
| Net Investment Income | $6,219,093 | $187,635 | — |
| Distributable Amount | $12,445,661 | $12,839,279 | $13,146,828 |
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
250 grants across all recorded years
Open Grants
54 open opportunities from The Pfizer Foundation Inc
Addressing Barriers to Cancer Care for AIAN and NHPI Individuals Grant
THE PFIZER FOUNDATION INC
Amount
Up to US $250,000
Deadline
Rolling / Open
Addressing HCP Knowledge Gaps in Baseline Assessments for Adults with Ulcerative Colitis Starting S1P Receptor Modulator Therapy Grant
THE PFIZER FOUNDATION INC
Amount
Up to US $100,000
Deadline
Rolling / Open
Addressing Knowledge Gaps in Ulcerative Colitis (UC) Care
THE PFIZER FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jhpiego ($4,000,000), Direct Relief ($2,500,000), Myriad Usa ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JHPIEGO BALTIMORE, MD | ACCESS TO INNOVATIVE CARE - BREAST CANCER PROJECT | $4,000,000 |
| DIRECT RELIEF SANTA BARBARA, CA | ADDRESS VACCINE PREVENTABLE ILLNESS FOR UNDERSERVED POPULATIONS IN U.S. | $2,500,000 |
| MYRIAD USA NEW YORK CITY, NY | TO THE GLOBAL HEALTH INNOVATION GRANT PROGRAM | $1,000,000 |
| MYRIAD USA NEW YORK CITY, NY | TO SUPPORT ZIPLINE | $1,000,000 |
| AMERICAN RED CROSS NEW YORK, NY | EMERGENCY RESPONSE | $1,000,000 |
| SAVE THE CHILDREN FAIRFIELD, CT | TO REDUCE INFECTIOUS DISEASE IN CHILDREN UNDER 5 IN ETHIOPIA | $1,000,000 |
| INTERNATIONAL RESCUE COMMITTEE INC NEW YORK CITY, NY | ZERO-DOSE IMMUNIZATION PROGRAM IN ETHIOPIA | $500,000 |
| INTERNATIONAL MEDICAL CORPS LOS ANGELES, CA | EMERGENCY RESPONSE | $500,000 |
| LELEKA FOUNDATION PALO ALTO, CA | UKRAINE HUMANITARIAN RESPONSES | $500,000 |
| CHAPEL & YORK US FOUNDATION INC NEW YORK CITY, NY | TO SUPPORT TRINITY CHALLENGE | $500,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Darren Back: Executive Director
- Caroline Roan: President
- Julia Wu: Acting Secretary/Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DARREN BACK | EXECUTIVE DIRECTOR | 9 | — |
| CAROLINE ROAN | PRESIDENT | 4 | — |
| JULIA WU | SECRETARY | 21 | — |
| BRIAN BYALA | TREASURER | 3.38 | — |
| ALBERT BOURLA | CHAIRMAN | 3 | — |
| SALLY SUSMAN | VICE CHAIRMAN | 3 | — |
| PAYAL SAHNI | DIRECTOR | 3 | — |
| WILLIAM C STEERE JR | DIRECTOR | 3 | — |
| AAMIR MALIK | DIRECTOR | 3 | — |
| AIDA HABTEZION | DIRECTOR | 3 | — |
| DAVID DENTON | DIRECTOR (AS OF 1/2023) | 3 | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced several major initiatives in recent years:
**Breast Cancer Initiative:** Invested $15 million to improve breast cancer care in sub-Saharan Africa through partnerships with Jhpiego and Partners In Health, focusing on Rwanda, Ghana, and Tanzania. Subsequently expanded the initiative to Kenya and Ethiopia with an additional $10 million in grants.
The Pfizer Foundation Provides $15 Million Investment to Improve Breast Cancer Care in Sub-Saharan Africa | Pfizer**Infectious Disease Program:** In partnership with Direct Relief, announced support for 19 programs to improve infectious disease care in the United States, now in its fifth year of operation.
Direct Relief and the Pfizer Foundation Announce New Grantees in Fifth Year of Infectious Disease Program | Morningstar**Global Health Innovation Grants:** Continues to support community-based organizations working to improve quality of care and strengthen health systems in lower-income countries, with organizations helping to address complex global health challenges.
Meet 6 of the 20 Organizations Making an Impact Through the Global Health Innovation Grants Program | PfizerFrequently Asked Questions
What does The Pfizer Foundation Inc fund?
**Mission:** To promote access to quality health care, to nurture innovation, and to support the community involvement of Pfizer colleagues. The Pfizer Foundation provides funding and resources to local and international organizations that expand and improve global health strategies. **Primary Focus Areas:** • Access to innovative care and quality healthcare • Strengthening health systems • Reducing vaccine-preventable illness • Global health innovation • Community health initiatives • Women's …
How do I apply for a grant from The Pfizer Foundation Inc?
**Grant Programs:** **Volunteer Program (PVP):** Awards $1,000 grants to nonprofit organizations where Pfizer employees and retirees volunteer at least 72 hours per year. The foundation also supports team volunteering where five or more Pfizer employees volunteer at least 15 hours for the same organization. **Matching Gifts Program:** Matches contributions made by employees and board members of Pfizer to nonprofit organizations on a one-for-one basis from $25 to $15,000 per contributor per year…
Where does The Pfizer Foundation Inc make grants?
The foundation funds organizations globally, with particular emphasis on: • Sub-Saharan Africa (including Rwanda, Ghana, Tanzania, Kenya, and Ethiopia) • United States • Lower-income countries
What size grants does The Pfizer Foundation Inc award?
In 2024, The Pfizer Foundation Inc awarded 9,306 grants totaling $23.2M — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Pfizer Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pfizer Foundation Inc reported a distributable amount of $12.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pfizer Foundation Inc's EIN?
The Pfizer Foundation Inc's EIN (Employer Identification Number) is 13-6083839. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pfizer Foundation Inc'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 June 2026.
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