Pfizer Foundation Inc

Organization Overview

Pfizer Foundation Inc is located in New York, NY. The organization was established in 1955. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pfizer Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Pfizer Foundation Inc generated $59.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 62.4% each year . All expenses for the organization totaled $30.0m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Pfizer Foundation Inc has awarded 15,847 individual grants totaling $79,432,438. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

MATCHING GIFTS PROGRAM - MATCHES THE PERSONAL FINANCIAL CONTRIBUTIONS OF U.S.-BASED PFIZER EMPLOYEES AND BOARD MEMBERS TO ELIGIBLE NONPROFIT CHARITABLE ORGANIZATIONS


COMMUNITY GRANTS - SUPPORTS THOSE AFFECTED BY A CATASTROPHE OR DISASTER AND FOR THE BETTERMENT OF COMMUNITY.


VOLUNTEER PROGRAM - SUPPORTS PROJECTS AT NONPROFIT ORGANIZATIONS IN WHICH A PFIZER EMPLOYEE VOLUNTEERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Benevity Inc
$445,532
Northern Trust
$190,934
Simpson Thacher & Bartlett Llp
$84,334
American Online Giving Foundation
$67,261
Kpmg Llp
$63,900
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $50,475,613
Interest on Savings $0
Dividends & Interest $13,647
Net Rental Income$0
Net Gain on Sale of Assets $8,717,796
Capital Gain Net Income $8,318,605
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $59,207,056

Grants Awarded

Over the last fiscal year, Pfizer Foundation Inc has awarded $27,959,202 in support to 15,632 organizations.

Grant RecipientAmount

UNITED STATES ASSOCIATION FOR UNHCR

Org PageRecipient Profile

Washington, DC

PURPOSE: COVID 19 RESPONSE

$1,000,000

COLD SPRING HARBOR LABORATORY

Org PageRecipient Profile

Cold Spring Harbor, NY

PURPOSE: PFIZER TEACHING LABORATORY AT THE DNA LEARNING CENTER NYC

$1,000,000

INDIANA UNIVERSITY FOUNDATION

PURPOSE: FOR YEAR THREE OF FUNDING TO DEVELOP AND IMPLEMENT A MODEL OF IMPROVED CARE FOR INFECTIOUS DISEASES AND ANTIBIOTIC STEWARDSHIP THAT REDUCES THE CONSEQUENCES OF ANTIMICROBIAL RESISTANCE ACROSS MULTIPLE LEVELS OF THE HEALTH SYSTEM IN WESTERN KENYA

$1,000,000

INTERNATIONAL RESCUE COMMITTEE

Org PageRecipient Profile

New York, NY

PURPOSE: INFECTIOUS DISEASE PROJECT IN NIGERIA

$1,000,000

CARE

PURPOSE: INFECTIOUS DISEASE PROJECT IN NIGERIA

$1,000,000

CHAIRTIES AID FOUNDATION AMERICA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: DAF; AS A CONTRIBUTION TO THE 2021 GLOBAL HEALTH INNOVATION GRANT PROGRAM

$1,000,000
View Grant Profile

Peer Organizations

Organization NameAssets
William Penn Foundation
Philadelphia, PA
$175,834,650
The Heinz Endowments
Pittsburgh, PA
$54,378,087
Zoom Foundation
Greenwich, CT
$176,914,821
Fidelity Foundation
Boston, MA
$803,389,715
Klarman Family Foundation
Boston, MA
$145,872,662
Druckenmiller Foundation
New York, NY
$402,828,458
Rockefeller Brothers Fund Inc
New York, NY
$94,665,303
Adelson Family Foundation
Needham, MA
$49,822,227
Anna Maria And Stephen Kellen Foundation Inc
New York, NY
$57,361,611
The Wallace Foundation
New York, NY
$114,535,478
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Stephen A Schwarzman Foundation
New York, NY
$61,557,254

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