Overview
What is American Society Of Health-System Pharmacists Research And Education Fdtn?
The American Society of Health-System Pharmacists Research and Education Foundation, often referred to as ASHP Foundation, is a nonprofit organization based in Bethesda, Maryland. Its primary mission is to support the professional practice of pharmacists and the pharmacy workforce by funding research and education. This aim is accomplished through various programs, such as the ASHP Student Leadership Awards, which recognize high-achieving students demonstrating interest in health-system pharmacy practice and leadership skills. Another program, the Pharmacy Residency Excellence Awards, honors excellence in the training of pharmacy residents. Additionally, the Literature Awards Program acknowledges significant contributions to biomedical literature by pharmacists. Moreover, the Pain and Palliative Care Traineeship Program offers experiential training for pharmacists, while the Pharmacy Residency Expansion Program increases the number of available training positions. Furthermore, the ASHP Foundation sponsors the Pharmacy Student Clinical Skills Competition and the Medication Safety Scholars program. The foundation also conducts events like the Leadership Development Workshop, the William A. Zellmer Leadership Lecture, and the Pharmacy Leadership Academy, providing comprehensive leadership education for pharmacists and pharmacy technicians.
Official website here: www.ashpfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The American Society Of Health-System Pharmacists Research And Education Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization’s overall score is primarily determined by its strong performance in the Accountability & Finance category, showcasing its commitment to transparency and responsible management of funds.
One of the foundation's notable strengths is its governance structure, which includes a majority of independent board members, ensuring unbiased oversight. Additionally, the organization excels in various financial practices, such as having no material diversion of assets and a transparent conflict of interest policy. The fiscal responsibility is further evidenced by a favorable liabilities-to-assets ratio and a detailed audit and oversight framework.
However, the foundation's program expense ratio is relatively lower at 60.13%, which suggests room for improvement in investments toward its core programs and initiatives compared to its administrative expenses. Overall, while the organization demonstrates strong governance and financial accountability, stakeholders may wish to consider its programmatic focus and expenditures when evaluating its impact.
This AI summary has been generated from information found on Charity Navigator.
Is American Society Of Health-System Pharmacists Research And Education Fdtn legitimate?
American Society Of Health-System Pharmacists Research And Education Fdtn is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Society Of Health-System Pharmacists Research And Education Fdtn submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $436,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $965,489
For more financial information, click here
Official website here: www.ashpfoundation.org
What is the mission statement of American Society Of Health-System Pharmacists Research And Education Fdtn?
The American Society of Health-System Pharmacists Research and Education Foundation's mission is to support the professional practice of pharmacists and the pharmacy workforce by funding research and education. Their goal is to improve health outcomes by promoting optimal, safe, and effective medication use. As the philanthropic arm of ASHP, the foundation shares ASHP's vision that medication use will be optimal, safe, and effective for all individuals at all times. The foundation aims to advance the field of pharmacy through its funding initiatives, ultimately contributing to better patient care.
Official website here: www.ashpfoundation.org
Who is the CEO of American Society Of Health-System Pharmacists Research And Education Fdtn?
Unavailable The CEO's salary of American Society Of Health-System Pharmacists Research And Education Fdtn is $367,116 and their total compensation is $436,903.
Official website here: www.ashpfoundation.org
What is the revenue of American Society Of Health-System Pharmacists Research And Education Fdtn?
American Society Of Health-System Pharmacists Research And Education Fdtn's revenue in 2022 was $3,253,731.
Official website here: www.ashpfoundation.org
Who are the executives of American Society Of Health-System Pharmacists Research And Education Fdtn and what are their salaries?
There 100 volunteers at American Society Of Health-System Pharmacists Research And Education Fdtn.
Here are 18 key members and their salaries (American Society Of Health-System Pharmacists Research And Education Fdtn's CEO's salary is $367,116 and their total compensation is $436,903):
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- Other: $61,893
- Compensation: $367,116
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- Other: $41,770
- Compensation: $125,825
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- Other: $25,420
Official website here: www.ashpfoundation.org
Where can I find the form 990 for American Society Of Health-System Pharmacists Research And Education Fdtn?
American Society Of Health-System Pharmacists Research And Education Fdtn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ashpfoundation.org
Learn more at the official website: www.ashpfoundation.org
Mission Statement of American Society Of Health-System Pharmacists Research And Education Fdtn
The American Society of Health-System Pharmacists Research and Education Foundation is committed to supporting the Association by advancing the professional practice of pharmacists and the pharmacy workforce. This is achieved through funding research and education that aims to improve health outcomes by ensuring optimal, safe, and effective medication use. The foundation shares the vision of the American Society of Health-System Pharmacists, which envisions medication use being optimal, safe, and effective for all individuals at all times. By supporting this mission, the foundation plays a crucial role in enhancing the pharmacy profession and contributing to better health outcomes for patients.
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Impact
October, 2024
The American Society of Health-System Pharmacists Research and Education Foundation plays a critical role in advancing the field of health-system pharmacy through various initiatives aimed at enhancing professional practice and the pharmacy workforce. By funding research and educational programs, the Foundation directly contributes to improved health outcomes associated with medication use.
Notably, the Foundation's awards programs, such as the ASHP Student Leadership Awards and the Pharmacy Residency Excellence Awards, recognize and promote excellence in pharmacy practice and leadership development. These awards encourage students and residency programs to elevate their standards, fostering a culture of continuous improvement and innovation within health-system pharmacy.
The Literature Awards program honors significant contributions to biomedical literature by pharmacists, promoting research and stimulating further innovation in the field. By recognizing key work, this program emphasizes the importance of evidence-based practice in achieving optimal patient outcomes.
Training initiatives like the Pain and Palliative Care Traineeship and the Pharmacy Residency Expansion Program aim to enhance the skills of pharmacists, ensuring they are equipped to meet patient needs effectively. These programs provide crucial experiential training opportunities, contributing to professional growth and the expansion of residency positions, which is essential in addressing workforce demands.
Furthermore, the Medication Safety Scholars program and the Pharmacy Leadership Academy underline the Foundation's commitment to fostering a culture of safety and leadership within pharmacy practice. By developing the next generation of pharmacy leaders and promoting medication safety, the Foundation enhances the overall quality of care provided by healthcare professionals.
Through these diverse efforts, the American Society of Health-System Pharmacists Research and Education Foundation significantly impacts the pharmacy profession, ultimately benefiting patient care and health outcomes across the board.
This information is meant to be a general summary of American Society Of Health-System Pharmacists Research And Education Fdtn. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $451,714
- Program Service Revenue: $1,380,758
- Gross Receipts: $3,511,440
Assets and Liabilities:
- Total Assets: $13,385,213
- Total Liabilities: $941,454
- Net Assets: $12,443,759
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHARMACY LEADERSHIP ACADEMY
Revenue
$704,675
CORPORATE PARTNER PROGRAM
Revenue
$641,083
SPONSORSHIPS
Revenue
$25,000
PAIN & PALLIATIVE TRAINING
Revenue
$10,000
Organization Details
Founding Year
1968
Phone
(301) 664-8612Main Address
4500 EAST-WEST HIGHWAY 900, Bethesda, MD, 20814
Website
www.ashpfoundation.orgNTEE Category
Code: X99 - Religion related
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