Overview
What is Prescription Drug Assistance Foundation?
The Prescription Drug Assistance Foundation is a nonprofit organization that has demonstrated significant impact in providing essential medications to patients across the state at affordable or no cost. In 2021, the organization successfully procured over $9.5 million worth of medications, resulting in a return on investment (ROI) of 28:1. Building upon this success, the Foundation further enhanced its services in 2022, securing an additional $14.9 million worth of medications for patients, maintaining the same impressive ROI of 28:1. This nonprofit organization's mission is centered around improving access to vital medications for those in need, thereby contributing positively to the well-being of the community it serves.
Official website here: www.prescriptiondrugassistance.org
Is Prescription Drug Assistance Foundation legitimate?
Prescription Drug Assistance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prescription Drug Assistance Foundation submitted a form 990EZ, 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:
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Official website here: www.prescriptiondrugassistance.org
What is the mission statement of Prescription Drug Assistance Foundation?
The Prescription Drug Assistance Foundation's mission is centered around providing medication assistance to patients in need. In 2021, the foundation managed to secure over $9,500,000 worth of medications for patients at no or low cost, resulting in a significant return on investment of 28:1. Showing similar effectiveness in 2022, the foundation procured an additional $14,900,000 worth of medications for patients, maintaining the impressive 28:1 return on investment. This foundation's primary objective is to make essential medications accessible to patients, thereby improving their overall health and wellbeing.
Official website here: www.prescriptiondrugassistance.org
What is the revenue of Prescription Drug Assistance Foundation?
Prescription Drug Assistance Foundation's revenue in 2024 was $174,224.
Official website here: www.prescriptiondrugassistance.org
Who are the executives of Prescription Drug Assistance Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.prescriptiondrugassistance.org
Where can I find the form 990EZ for Prescription Drug Assistance Foundation?
Prescription Drug Assistance Foundation's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.prescriptiondrugassistance.org
Learn more at the official website: www.prescriptiondrugassistance.org
Mission Statement of Prescription Drug Assistance Foundation
The Prescription Drug Assistance Foundation, a notable nonprofit organization, is committed to procuring essential medications for patients across the state at no or reduced costs. In 2021, the foundation successfully obtained over $9,500,000 worth of medications for patients, demonstrating its impactful mission. This initiative resulted in a significant return on investment (ROI) of 28:1, indicating the value derived from each dollar spent.
Building upon its success in 2021, the foundation continued its mission in 2022, achieving even more remarkable results. It managed to secure medications valued at $14,900,000 for patients, maintaining an impressive ROI of 28:1. This consistently high ROI underscores the foundation's effectiveness in providing vital medications to those in need, thus contributing significantly to their well-being and quality of life.
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Impact
October, 2024
The Prescription Drug Assistance Foundation has made a significant impact by securing over $9,500,000 worth of medications for patients across Washington state at no or low cost in 2021. This achievement translates to a remarkable return on investment (ROI) of 28:1. Building on this success, in 2022, the Foundation increased its efforts, obtaining medications valued at $14,900,000, again maintaining the same impressive ROI. This effective approach not only alleviates the financial burden on patients who need essential medications but also demonstrates a powerful model for health assistance in the community.
This information is meant to be a general summary of Prescription Drug Assistance Foundation. 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 2024.
- Investment Income: $13
- Gross Receipts: $174,224
Assets and Liabilities:
- Total Assets: $141,252
- Total Liabilities: $454
- Net Assets: $140,798
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Organization Details
Principal Officer
Kelly Armstrong
NTEE Category
Code: E80 - Health
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