NOVARTIS PATIENT ASSISTANCE FOUNDATION
TAX DEPT ONE HEALTH PLAZA-BLDG 345, EAST HANOVER, NJ · IRS data through FY2023
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2023 | $2,830,642,088 | $2,943,824,991 | $177,012,199 |
| FY2022 | $3,077,669,059 | $2,938,786,311 | $290,195,102 |
| FY2021 | $2,545,619,786 | $2,600,005,293 | $159,715,829 |
| FY2020 | $3,398,964,835 | $3,309,346,118 | $214,101,336 |
| FY2019 | $1,884,615,398 | $1,857,156,512 | $124,482,619 |
| FY2015 | $570,419,244 | $551,167,291 | $55,232,583 |
| FY2014 | $465,526,170 | $462,047,453 | $35,980,630 |
| FY2013 | $460,662,269 | $459,776,932 | $32,501,913 |
| FY2012 | $467,999,604 | $459,661,136 | $31,616,576 |
| FY2011 | $345,394,640 | $338,808,892 | $23,278,108 |
Grants paid
Total contributions, gifts and grants paid by year, as reported on Form 990-PF. Individual recipients are not published. See the largest grantmakers.
| Tax year | Grants paid |
|---|---|
| FY2023 | $2,871,059,220 |
| FY2022 | $2,871,758,231 |
| FY2021 | $2,545,119,431 |
| FY2020 | $3,262,928,348 |
| FY2019 | $1,820,013,709 |
| FY2015 | $542,136,898 |
| FY2014 | $456,825,176 |
| FY2013 | $452,981,816 |
| FY2012 | $452,745,445 |
| FY2011 | $331,911,548 |
What the numbers show
- Net assets covered about 0.7 months of expenses at the end of the reporting year. That puts it in the 14th percentile among 551 Health Care organizations in NJ.
- Total revenue was higher than 99.7% of 582 Health Care organizations in NJ.
- Total revenue rose from $345,394,640 in FY2011 to $2,830,642,088 in FY2023, Revenue increased in 6 and decreased in 3 of 9 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 10 reported years (FY2021, FY2023).
- The highest revenue on record here is $3,398,964,835 in FY2020.
- Net assets grew from $23,278,108 to $177,012,199 between FY2011 and FY2023.
- Donations are generally tax-deductible (private operating foundation).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
IRS status
| Ruling year | 2010 |
| Subsection | 501(c)(3) |
| Classification | Private foundation |
| Program area (NTEE) | E60 — Health Care (in NJ) |
| Donations | Donations are generally tax-deductible (private operating foundation). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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