Skip to content
Nonprofiteer
← PATIENT ACCESS NETWORK FOUNDATION

Form 990 for tax year 2024

Filed by PATIENT ACCESS NETWORK FOUNDATION.

Totals

Total revenue
$203,018,273
Total expenses
$164,252,647
Contributions and grants received
$191,793,542
Grants paid
$133,801,312
Program service revenue
$0
Investment income
$10,929,238
Other revenue
$295,493
Total assets, end of year
$471,257,493
Total liabilities, end of year
$62,244,479
Net assets or fund balances, end of year
$409,013,014
Program services expenses (Part IX)
$145,731,787
Management and general expenses
$17,098,926
Fundraising expenses
$1,421,934
Program service expenses (Part III)
$145,731,787

Program services were 88.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,461,431

  • 1f · All other contributions, gifts and grants

    $190,332,111

  • 3 · Investment income

    total $11,499,419 · excluded $11,499,419

  • 6a · Gross rents

    real property $295,493

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $295,493

  • 6d · Net rental income or loss

    total $295,493 · excluded $295,493

  • 7a · Gross sales of assets other than inventory

    securities $22,351,157

  • 7b · Less cost or other basis and sales expenses

    securities $22,921,338

  • 7c · Gain or loss

    securities -$570,181

  • 7d · Net gain or loss

    total -$570,181 · excluded -$570,181

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $133,801,312 · program services $133,801,312

  • 5 · Compensation of officers, directors and key employees

    total $1,427,659 · program services $340,612 · management and general $1,087,047

  • 7 · Other salaries and wages

    total $8,554,010 · program services $3,354,485 · management and general $4,417,985 · fundraising $781,540

  • 8 · Pension plan contributions

    total $407,247 · program services $161,009 · management and general $210,921 · fundraising $35,317

  • 9 · Other employee benefits

    total $737,408 · program services $288,172 · management and general $384,433 · fundraising $64,803

  • 10 · Payroll taxes

    total $709,062 · program services $268,059 · management and general $383,976 · fundraising $57,027

  • 11b · Fees: legal

    total $2,528,880 · management and general $2,528,880

  • 11c · Fees: accounting

    total $495,649 · management and general $495,649

  • 11d · Fees: lobbying

    total $599,932 · management and general $599,932

  • 11e · Fees: professional fundraising services

    total $237,635 · fundraising $237,635

  • 11f · Fees: investment management

    total $319,775 · management and general $319,775

  • 11g · Fees: other

    total $6,593,435 · program services $4,109,750 · management and general $2,376,775 · fundraising $106,910

  • 13 · Office expenses

    total $688,481 · program services $67,382 · management and general $608,109 · fundraising $12,990

  • 14 · Information technology

    total $2,127,685 · program services $1,584,928 · management and general $538,409 · fundraising $4,348

  • 16 · Occupancy

    total $411,326 · program services $308,495 · management and general $82,265 · fundraising $20,566

  • 17 · Travel

    total $487,808 · program services $85,246 · management and general $386,450 · fundraising $16,112

  • 19 · Conferences, conventions and meetings

    total $123,861 · program services $16,873 · management and general $103,905 · fundraising $3,083

  • 22 · Depreciation, depletion and amortization

    total $1,632,062 · program services $1,224,047 · management and general $326,412 · fundraising $81,603

  • 23 · Insurance

    total $248,003 · management and general $248,003

  • 24a · Other expenses: SETTLEMENT

    total $2,000,000 · management and general $2,000,000

  • 24b · Other expenses: ALLIANCE EXPENSES

    total $121,417 · program services $121,417

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $208,642,205 · end of year $168,146,070

  • 3 · Pledges and grants receivable

    beginning of year $58,339,999 · end of year $43,057,670

  • 4 · Accounts receivable

    beginning of year $0 · end of year $1,461,431

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,011,968 · end of year $587,004

  • 10a · Land, buildings and equipment: cost or other basis

    $10,422,639

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,838,447

  • 10c · Land, buildings and equipment, net

    beginning of year $9,114,545 · end of year $8,584,192

  • 11 · Investments: publicly traded securities

    beginning of year $189,307,506 · end of year $247,613,643

  • 15 · Other assets

    beginning of year $2,151,853 · end of year $1,807,483

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,898,236 · end of year $3,472,165

  • 25 · Other liabilities

    beginning of year $97,481,454 · end of year $58,772,314

  • 27 · Net assets without donor restrictions

    beginning of year $32,903,735 · end of year $41,655,416

  • 28 · Net assets with donor restrictions

    beginning of year $328,284,651 · end of year $367,357,598

Mission and programs · 2024

Mission

AS A LEADING CHARITABLE FOUNDATION AND HEALTHCARE ADVOCACY ORGANIZATION, THE PAN FOUNDATION IS DEDICATED TO ACCELERATING ACCESS TO TREATMENT FOR THOSE WHO NEED IT MOST AND EMPOWERING PATIENTS ON THEIR HEALTHCARE JOURNEYS. WE PROVIDE CRITICAL FINANCIAL ASSISTANCE FOR TREATMENT COSTS, ADVOCATE FOR POLICY SOLUTIONS THAT EXPAND ACCESS TO CARE, AND DELIVER EDUCATION ON COMPLEX TOPICS - ALL DRIVEN BY OUR BELIEF THAT EVERYONE DESERVES ACCESS TO AFFORDABLE, EQUITABLE HEALTHCARE.

  • SINCE 2004, OUR FINANCIAL ASSISTANCE PROGRAMS HAVE HELPED MORE THAN 1.3 MILLION PEOPLE TO START OR STAY ON LIFE-CHANGING TREATMENT. IN ADDITION, WE'VE ACHIEVED MAJOR POLICY VICTORIES THAT INCREASE ACCESS TO CARE, MOBILIZED PATIENT ADVOCATES TO CALL FOR CHANGE, AND EDUCATED PEOPLE NATIONWIDE ON CRITICAL HEALTHCARE-RELATED TOPICS. WE'RE COMMITTED TO WORKING TOWARDS A FUTURE WHERE EQUITABLE HEALTH OUTCOMES ARE A REALITY FOR ALL.IN 2024, THE PAN FOUNDATION PAID OVER 400,000 CLAIMS FOR PATIENTS' OUT-OF-POCKET COSTS FOR THEIR CRITICAL MEDICATIONS. IN ADDITION, THE PAN FOUNDATION CONTINUES TO ADVOCATE FOR GREATER HEALTHCARE ACCESS AND AFFORDABILITY AND PROVIDE PUBLIC EDUCATION ON COMPLEX HEALTHCARE TOPICS. THE PAN FOUNDATION OPERATES UNDER AN ADVISORY OPINION ISSUED BY THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, OFFICE OF THE INSPECTOR GENERAL (OIG ADVISORY OPINION 07-18)

    Expenses $145,731,787 · Grants $133,801,312

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James Dunlop

    CHAIR

    Total calculated
    $16,000
    From this org
    $16,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Nancy McGee

    VICE CHAIR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Mary Findley

    SECRETARY

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Mary Blunt

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Jennifer Brown

    DIRECTOR

    Total calculated
    $4,000
    From this org
    $4,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Wendy Bullington

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Joseph D'Avella

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Nicholas Larochelle

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Anna McKean

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Winfred Parnell

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Jon Sellman

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Sarah Thomason

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Elizabeth Wade

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Howard Weinberg

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • Chase Bice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Scott Schlenoff

    CFO & TREASURER

    Total calculated
    $361,274
    From this org
    $322,249
    From related orgs
    $0
    Other
    $39,025
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,253
    Bonus
    $34,444
    Other
    $552
    Deferred
    $13,075
    Nontaxable benefits
    $25,950
    Filer's total
    $361,274

  • Kevin Hagan

    PRESIDENT & CEO

    Total calculated
    $561,773
    From this org
    $522,023
    From related orgs
    $0
    Other
    $39,750
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $483,070
    Bonus
    $38,401
    Other
    $552
    Deferred
    $13,800
    Nontaxable benefits
    $25,950
    Filer's total
    $561,773

  • Amy Niles

    CHIEF MISSION OFFICER

    Total calculated
    $340,612
    From this org
    $319,173
    From related orgs
    $0
    Other
    $21,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,463
    Bonus
    $30,677
    Other
    $3,033
    Deferred
    $5,000
    Nontaxable benefits
    $16,439
    Filer's total
    $340,612

  • Kim Baich

    CHIEF IMPACT OFFICER

    Total calculated
    $318,983
    From this org
    $292,636
    From related orgs
    $0
    Other
    $26,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,129
    Bonus
    $28,928
    Other
    $1,579
    Deferred
    $9,494
    Nontaxable benefits
    $16,853
    Filer's total
    $318,983

  • Mia Harmon

    CHIEF COMPLIANCE & PRIVACY OFFICER

    Total calculated
    $301,341
    From this org
    $273,723
    From related orgs
    $0
    Other
    $27,618
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,272
    Bonus
    $28,215
    Other
    $236
    Deferred
    $11,179
    Nontaxable benefits
    $16,439
    Filer's total
    $301,341

  • Jeanine Jones

    CHIEF EXPERIENCE OFFICER

    Total calculated
    $276,709
    From this org
    $258,711
    From related orgs
    $0
    Other
    $17,998
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,789
    Bonus
    $22,967
    Other
    $955
    Deferred
    $10,548
    Nontaxable benefits
    $7,450
    Filer's total
    $276,709

  • Richard Citrenbaum

    VP OF OPERATIONS (THRU 2/24)

    Total calculated
    $223,195
    From this org
    $218,268
    From related orgs
    $0
    Other
    $4,927
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $29,663
    Bonus
    $24,830
    Other
    $163,775
    Deferred
    $1,182
    Nontaxable benefits
    $3,745
    Filer's total
    $223,195

  • Alan Gordon

    CHIEF TECHNOLOGY OFFICER (BEG 4/24)

    Total calculated
    $235,480
    From this org
    $223,805
    From related orgs
    $0
    Other
    $11,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,184
    Bonus
    $23,621
    Other
    $0
    Deferred
    $6,445
    Nontaxable benefits
    $5,230
    Filer's total
    $235,480

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINES 4A-B
SEVERANCE: RICHARD CITRENBAUM RECEIVED SEVERANCE OF $72,764. NECHUMAH GETZ RECEIVED SEVERANCE OF $182,592. THE TERMS AND CONDITIONS WERE CONSISTENT WITH INDUSTRY STANDARDS. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: RICHARD CITRENBAUM PARTICIPATED IN THE ORGANIZATION'S 457(F) PLAN EFFECTIVE JANUARY 1, 2022. THE BENEFIT PAYABLE TO THE PARTICIPANT UNDER THE PLAN IS AN AMOUNT EQUAL TO 75% OF HIS 2022 ANNUAL BASE SALARY. THE PRORATED AMOUNT PAID OUT WAS WAS $90,911.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PAN BRIGHTTRACK LLC

    PURSUE ACTIVITIES RELATED TO CLINICAL TRIALS · DE · income $0 · assets $0

    Directly controlled by PAN FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
22 May 2025
IRS schema version
2024v5.1
Source object
202511549349300816

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.