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Elmer and Mamdouha Bobst Foundation, Inc.

Profile

Last Updated: 2016-06-06

At A Glance

Elmer and Mamdouha Bobst Foundation, Inc.

70 Washington Sq. S., Ste. 1209

New York City, NY United States 10012-1019

Telephone: 2126742589

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Politics

Financial Data

(yr. ended 2014-12-31)

Assets: $48,654,774

Total giving: $4,517,000

EIN

132616114

BRIDGE Number

6468185800

Background

Incorporated in 1968 in NY - Founded by the late Elmer H. Bobst, who was a prominent pharmaceutical company executive, a noted philanthropist and a trustee of New York University. In 1944, when Bobst retired from the pharmaceutical company Roche-Nutley, he was one of the nation's highest paid corporate executives. In 1945, he took charge of the ailing William Warner Company, which later became Warner-Lambert and which ultimately merged with Pfizer in 2000. In 1968, he was an advisor to the White House on health issues. In 1973, with the help of a six million dollar gift from Mr. Bobst, New York University opened the Elmer Holmes Bobst Library.

Purpose and Activities

Giving primarily for higher education; funding also for hospitals, and children and social services.

Fields of Interest

Subjects
  • Animal welfare
  • Cancers
  • Child welfare
  • Diseases and conditions
  • Domesticated animals
  • Education
  • Environment
  • Health
  • Higher education
  • Hospital care
  • Human services
  • In-patient medical care
  • Specialty hospital care
  • University education
  • Veterinary medicine
International Interests
  • Lebanon
Population Groups
  • Academics

Financial Data

Year ended 2014-12-31

Assets: $48,654,774 (market value)

Expenditures: $4,762,739

Total giving: $4,517,000

Qualifying distributions: $4,576,875