Bristol-Myers Squibb Patient Assistance Foundation Inc
- Assets
- $126.6m
- Revenue
- $1.8b
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 22-3622487
Organization Overview
Bristol-Myers Squibb Patient Assistance Foundation Inc is located in Lawrenceville, NJ. The organization was established in 1999. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bristol-Myers Squibb Patient Assistance 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, Bristol-Myers Squibb Patient Assistance Foundation Inc generated $1.8b in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 29.4% each year . All expenses for the organization totaled $1.8b during the year ending 12/2021. While expenses have increased by 30.2% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE GENERAL EXPLANATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey Kaish Secretary | 1 | $0 | |
Karim Munir Treasurer | 1 | $0 | |
John L Damonti President/chairman | 1 | $0 | |
Nicholas Botwood Trustee | 1 | $0 | |
Amadou Diarra Trustee | 1 | $0 | |
Alicia Coghlan Vice President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amerisourcebergen Lash Group | 12/30/21 | $43,566,012 |
Clearview Healthcare Partners | 12/30/21 | $100,500 |
Rxcrossroads By Mckesson | 12/30/21 | $879,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,802,665,502 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,802,665,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,098,386 |
| Total operating and administrative expenses | $48,364,065 |
| Contributions, gifts, grants paid | $1,770,871,242 |
| Total expenses and disbursements | $1,819,235,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $4,970,697 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $121,653,282 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,623,979 |
| Accounts payable and accrued expenses | $4,970,697 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,970,697 |
Grants Awarded
Over the last fiscal year, Bristol-Myers Squibb Patient Assistance Foundation Inc has awarded $1,279,273,428 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIVIDUAL PATIENT PROGRAMS PURPOSE: CARE OF QUALIFIED ILL, NEEDY, OR INFANTS - PRESCRIPTION DRUGS SHIPPED AT NO CHARGE TO PHYSICIANS AND PATIENTS | $1,278,470,693 |
INSTITUTIONAL PATIENT PROGRAMS PURPOSE: CARE OF QUALIFIED ILL, NEEDY, OR INFANTS - PRESCRIPTION DRUGS SHIPPED AT NO CHANGE TO QUALIFIED HEALTH PROVIDERS ON BEHALF OF ELIGIBLE PATIENTS | $802,735 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheetz Family Charities Inc Altoona, PA | $8,145,405 | $4,240,002 |
Ryans Case For Smiles Wayne, PA | $1,412,033 | $1,300,303 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Balakian Family Foundation Tenafly, NJ | $0 | -$1,634 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |
The Jose M Garcia Foundation Inc West Orange, NJ | $0 | $228,578 |
Nissim Veniflaot Lakewood, NJ | $117,648 | $332,628 |