NOVARTIS US FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NOVARTIS US FOUNDATION (EIN 13-6193034)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202413139349100606
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T07:35:49-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061667465 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRAGER METIS CPAS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 MOUNT AIRY ROAD | AddressLine1Txt |
| City | BASKING RIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07920 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136193034 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVARTIS US FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NOVA | BusinessNameControlTxt |
| Phone | 9087669800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HEALTH PLAZA | AddressLine1Txt |
| City | EAST HANOVER | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07936 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDUARD MARTI | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9087669800 | PhoneNum |
| Signature | 2024-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GEORGE DINAR | PreparerPersonNm |
| PTIN | P01213506 | PTIN |
| Phone | 9087669800 | PhoneNum |
| Preparation | 2024-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $19,689,197 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $6,832,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $552,829 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $552,829 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $117,972 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $117,972 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,595,452 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,899,685 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,595,452 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $11,098,253 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,266,253 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $39,375 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $64,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $57,647 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $160,847 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $7,681 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $321,869 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $7,681 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $10,184,424 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $10,184,424 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,506,293 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $7,681 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,184,424 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $591,960 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,258,572 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $8,483,378 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $11,841,188 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $11,841,188 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $4,969,179 | CorporateStockBOYAmt |
| Corporate Stock EOY | $2,988,622 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $7,824,944 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $96,836 | OtherAssetsBOYAmt |
| Other Assets EOY | $23,065 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $23,065 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $13,549,393 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,852,875 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $19,689,197 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $5,517 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $36,248 | AccountsPayableEOYAmt |
| Grants Payable BOY | $6,115,949 | GrantsPayableBOYAmt |
| Grants Payable EOY | $5,930,618 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $276,930 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,143,052 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,398,396 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,109,918 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $7,150,997 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,742,957 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,150,997 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,742,957 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,549,393 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,852,875 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,150,997 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $591,960 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $7,742,957 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,742,957 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 388.82 SHS - MFO VANGUARD BALANCED INDEX FUND INC. | P | 2022-12-28 | 2023-01-12 | $16,000 | $15,273 | $727 | $727 |
| 2,542.11 SHS - MFO VANGUARD BALANCED INDEX FUND INC. | P | 2022-12-28 | 2023-01-19 | $103,413 | $99,854 | $3,559 | $3,559 |
| 67,726.47 SHS - MFO VANGUARD BALANCED INDEX FUND INC. | P | 2003-01-02 | 2023-01-19 | $2,755,113 | $1,076,851 | $1,678,262 | $1,678,262 |
| 42,664.56 SHS - MFO VANGUARD BALANCED INDEX FUND INC. | P | 2003-01-02 | 2023-01-19 | $1,735,594 | $678,367 | $1,057,227 | $1,057,227 |
| 26,019.68 SHS - MFO VANGUARD BALANCED INDEX FUND INC. | P | 2003-01-02 | 2023-02-28 | $1,061,603 | $413,713 | $647,890 | $647,890 |
| 1,268.87 SHS - MFO VANGUARD BALANCED INDEX FUND INC. | P | 2003-01-02 | 2023-02-28 | $51,770 | $20,175 | $31,595 | $31,595 |
| THE NORTHERN TRUST COMPANY CAPITAL GAIN DISTRIBUTIONS | P | 2022-01-01 | 2023-12-31 | $176,192 | $176,192 | $176,192 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,595,452 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $59,194 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $59,194 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $59,194 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $60,378 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $60,378 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $67 | EsPenaltyAmt |
| Overpayment | $1,117 | OverpaymentAmt |
| Applied To ES Tax | $1,117 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | HTTPS://WWW.NOVARTISFOUNDATION.ORG/ | WebsiteAddressTxt |
| Individual With Books | PRAGER METIS CPAS LLC | IndividualWithBooksNm |
| Phone | 9087669800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 MOUNT AIRY ROAD | AddressLine1Txt |
| City | BASKING RIDGE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07920 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DAVID HELLMUTH | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | SECRETARY | 0.00 | $0 | $0 | $0 |
| KATHERINE VAZQUEZ | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | TREASURER/TRUSTEE | 0.00 | $0 | $0 | $0 |
| STEPHEN PETTY | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| ASHLEY ATKINS | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | MANAGER | 0.00 | $0 | $0 | $0 |
| HAYLEY RAZLOZNIK | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | MANAGER | 0.00 | $0 | $0 | $0 |
| DOROTHY STENRUD | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| PATRICIA SESTAK | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | ASSISTANT TREASURER | 0.00 | $0 | $0 | $0 |
| PATRICE MATCHABA | ||||||||
| ONE HEALTH PLAZA | EAST HANOVER | NJ | 07936 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,501,593 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,272,510 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $18,774,103 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $18,774,103 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $281,612 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $18,492,491 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $924,625 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $924,625 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $59,194 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $59,194 | TotalTaxAmt |
| Distributable Before Adj | $865,431 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $865,431 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $865,431 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,184,424 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $10,184,424 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $865,431 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $337,113 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,075,556 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $10,355,694 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $10,281,554 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,587,629 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $27,637,546 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,184,424 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $865,431 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,318,993 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $36,956,539 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $337,113 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $36,619,426 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,075,556 | ExcessFromYear4Amt |
| Excess From Year3 | $10,355,694 | ExcessFromYear3Amt |
| Excess From Year2 | $10,281,554 | ExcessFromYear2Amt |
| Excess From Year1 | $5,587,629 | ExcessFromYear1Amt |
| Excess From Current Year | $9,318,993 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CHARITIES AID FOUNDATION AMERICA | ||||||
| 225 REINEKERS LANE SUITE 375 | ALEXANDRIA | VA | 22314 | NC | GENERAL PURPOSE | $2,026,836 |
| CHARLES R DREW UNIVERSITY OF MEDICINE AND SCIENCE | ||||||
| 1731 W 120TH STREET | LOS ANGELES | CA | 90059 | NC | ESTABLISH, MAINTAIN AND OPERATE A CLINICAL TRIALS CENTER OF EXCELLENCE | $559,650 |
| HOWARD UNIVERSITY | ||||||
| 2400 6TH ST NW | WASHINGTON DC | DC | 20059 | NC | OPERATE A CLINICAL TRIAL CENTER OF EXCELLENCE | $584,740 |
| MATCHING GIFTS | ||||||
| 1 HEALTH PLAZA | EAST HANOVER | NJ | 07936 | NC | MATCHING GIFT PROGRAMS ARE TO SUPPORT EDUCATIONAL TAX EXEMPT 501(C)(3) ORGANIZATIONS OR SCHOOLS WITH AVALID NCES CODE. AREAS OF ELIGIBLE ORGANIZATIONS INCLUDE BUT ARE NOT LIMITED TO HEALTH AND HUMAN SERVICES,EDUCATION, ARTS AND CULTURE, ENVIRONMENT, ANIMAL WELFARE, AND CIVIC AND COMMUNITY. | $3,316,444 |
| MOREHOUSE SCHOOL OF MEDICINE | ||||||
| 720 WESTVIEW DRIVE SW | ATLANTA | GA | 30310 | NC | GENERAL OPERATING - SCHOLARSHIP PROGRAM FOR IMPROVEMENT OF HEALTH AND WELL-BEING OF INDIVIDUALS AND COMMUNITITES, INCREASE THE DIVERSITY OF THE HEALTH PROFESSIONAL AND SCIENTIFIC WORKFORCE AND ADDRESS PRIMARY HEALTH CARE THROUGH PROGRAMS IN EDUCATION, RESEARCH AND SERVICE. | $1,279,661 |
| MEHARRY | ||||||
| 1005 DR DB TODD JR BLVD | NASHVILLE | TN | 37208 | NC | FURTHERANCE OF THE GOALS OF THE BEACON OF HOPE COLLABORATION, ESTABLISH, MAINTAIN AND OPERATE A CENTER OF EXCELLENCE FOR CLINICAL AND TRANLATIONAL RESEARCH. | $559,650 |
| HRET | ||||||
| 155 N WACKER DRIVE | CHICAGO | IL | 60606 | NC | TO PROMOTE HEALTH AT THE POPULATION LEVEL AND TO PROVIDE ACTIONABLE TOOLS TO MEET THE AHA GUIDANCE. | $1,833,741 |
| TMCF | ||||||
| 904 F STREE NW SUITE700 | WASHINGTON DC | DC | 20004 | NC | ESTABLISH A PROGRAM DESIGNED TO PROVIDE SCHOLARSHIPS, CAREER READINESS AND LEADERSHIP DEVELOPMENT TO STUDENTS AND COMPETITIVE FACULTY TO HISTORICALLY BLACK MEDICAL SCHOOLS | $23,702 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $10,184,424 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $552,829 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $117,972 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,595,452 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,266,253 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,266,253 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVARTIS CORPORATION | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 HEALTH PLAZA | AddressLine1Txt |
| City | EAST HANOVER | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07936 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $6,832,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $39,375 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE SECURITIES | StockNm |
| EOY Book Value | $2,988,622 | EOYBookValueAmt |
| EOYFMV | $7,824,944 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM CORPORATE | Desc |
| BOY Book Value | $96,836 | BOYBookValueAmt |
| EOY Book Value | $23,065 | EOYBookValueAmt |
| EOYFMV | $23,065 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| MATCHING GIFT PROCESS FEE | $145,213 | $0 | $0 |
| BANK CHARGES AND CUSTODY FEES | $15,634 | $7,681 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| FEDERAL TAXES PAYABLE | $4,437 | $0 |
| MATCHING DONATIONS PAYABLE | $272,493 | $1,143,052 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROF FEES | CategoryTxt |
| Amt | $64,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $57,647 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Comments