Operating Foundations in the United States

11,984 foundations$24.7B annual giving$99.1B in assets$4K median grant55 states

Operating foundations run their own charitable programs and services rather than primarily making grants to other organizations. They must spend at least 85% of income directly on active programs.

Operating Foundations Grantmaking at a Glance

Foundations

11,984

Total Annual Giving

$24.7B

Total Assets Under Management

$99.1B

Median Grant Size

$4K

States with Funders

55

Largest Operating Foundations Foundations

SANOFI CARES NORTH AMERICA FORMERLY THE SANOFI FOUNDATION FOR N AMERICA

BRIDGEWATER, NJ

Annual Giving

$4.1B

Total Assets

Median Grant

$1.8B

P20Local
Genentech Patient Foundation

South San Francisco, CA

Annual Giving

$3.5B

Total Assets

$424.1M

Median Grant

$3.4B

P60Local
NOVARTIS PATIENT ASSISTANCE FOUNDATION INC

EAST HANOVER, NJ

Annual Giving

$3.1B

Total Assets

$382.9M

Median Grant

$2.9B

E60Local
BRISTOL-MYERS SQUIBB PATIENT ASSISTANCE FOUNDATION INC

PRINCETON, NJ

Annual Giving

$2.7B

Total Assets

$230.7M

Median Grant

$3.6B

P58Local
MERCK PATIENT ASSISTANCE PROGRAM INC

Rahway, NJ

Annual Giving

$1.9B

Total Assets

$26.4M

Median Grant

$1.8B

T210Local
Boehringer Ingelheim Cares Foundation Inc

Ridgefield, CT

Annual Giving

$1.6B

Total Assets

$251.9M

Median Grant

$1.3B

B99Local
PFIZER PATIENT ASSISTANCE FOUNDATION INC

NEW YORK, NY

Annual Giving

$1.5B

Total Assets

$9.4M

Median Grant

$5K

E12National
Bayer US Patient Assistance Foundation

Whippany, NJ

Annual Giving

$1.4B

Total Assets

$313M

Median Grant

$915.2M

E60Local
ABBVIE PATIENT ASSISTANCE FOUNDATION

NORTH CHICAGO, IL

Annual Giving

$442M

Total Assets

Median Grant

$482.1M

Regional
Art Bridges Inc

FORT WORTH, TX

Annual Giving

$278.7M

Total Assets

$905M

Median Grant

$139.3M

A25Regional

Explore Operating Foundations

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Operating Foundations(locked)

Where Operating Foundations Funders Are Located

Top 15 states by foundation count

CaliforniaView all
Foundations

1,522

Total Giving

$3.9B

New YorkView all
Foundations

880

Total Giving

$1.7B

FloridaView all
Foundations

851

Total Giving

$75.1M

Foundations

787

Total Giving

$410.4M

MassachusettsView all
Foundations

440

Total Giving

$87.4M

IllinoisView all
Foundations

439

Total Giving

$541M

PennsylvaniaView all
Foundations

425

Total Giving

$1B

Foundations

383

Total Giving

$15.4M

New JerseyView all
Foundations

322

Total Giving

$14.1B

GeorgiaView all
Foundations

321

Total Giving

$37M

ColoradoView all
Foundations

319

Total Giving

$172.8M

MichiganView all
Foundations

306

Total Giving

$61.8M

VirginiaView all
Foundations

303

Total Giving

$43.8M

North CarolinaView all
Foundations

278

Total Giving

$19.4M

WashingtonView all
Foundations

237

Total Giving

$27.5M

What Gets Funded in Operating Foundations

Top Cause Areas

Philanthropy & Voluntarism2,828 · $4.4B
Education1,491 · $1.8B
Arts, Culture & Humanities1,394 · $403.8M
Human Services792 · $10.4B
Religion-Related580 · $40.8M
Recreation & Sports577 · $22.7M
Animal-Related437 · $9.3M
Environment399 · $28.4M
Health Care324 · $6.5B
Housing & Shelter253 · $17.3M

Typical Grant Profile in Operating Foundations

Median Grant Size

$4K

New Grantee Rate

N/A

Accept Unsolicited Proposals

N/A

Most Recent Filing Year

2026

The typical Operating Foundations foundation awards grants of $4K.

Frequently Asked Questions About Operating Foundations

What is a operating foundation?
An operating foundation is a private foundation that primarily runs its own charitable programs rather than making grants to other organizations. The IRS requires operating foundations to spend at least 85% of their adjusted net income directly on active charitable programs. They receive more favorable tax treatment than non-operating private foundations.
How many operating foundations are in the US?
There are 11,984 operating foundations registered in the United States across 55 states, based on the most recent IRS 990 filings.
What is the average grant from a operating foundation?
The median grant size from operating foundations is $4K. Actual grant amounts vary widely based on the foundation's asset size, focus area, and giving strategy.
How do I apply to a operating foundation?
Most operating foundations run their own programs rather than making grants to outside organizations. If you're looking for funding, focus on operating foundations that also make external grants. Check their 990-PF filings for grant listings, and look for published application guidelines on their website.
What are the largest operating foundations?
The largest operating foundations by annual giving include SANOFI CARES NORTH AMERICA FORMERLY THE SANOFI FOUNDATION FOR N AMERICA, Genentech Patient Foundation, NOVARTIS PATIENT ASSISTANCE FOUNDATION INC, with combined giving of $10.8B.

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