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Wisconsin Pharmacy Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391817686 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Wisconsin Pharmacy Foundation Inc?

Wisconsin Pharmacy Foundation Inc is a nonprofit organization that focuses on supporting professional education and research programs to advance the science and practice of pharmacy. Based in Wisconsin, they provide mental health resources during the pandemic, hosting weekly group discussions led by a clinical psychologist and offering mental health first aid training. They also offer educational presentations on various topics, including financial considerations and resources in Spanish, and develop an online resource page for mental health support. During COVID-29, they specifically served minority populations in 17 counties and supported vaccination clinics. Additionally, they engaged in projects related to optimal prescribing for pain management and will publish a toolkit for pharmacists and communities in 2023.


Official website here: www.pswi.org

Is Wisconsin Pharmacy Foundation Inc legitimate?

Wisconsin Pharmacy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Pharmacy Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pswi.org

What is the mission statement of Wisconsin Pharmacy Foundation Inc?

The Wisconsin Pharmacy Foundation Inc is a non-profit organization with a mission to support and pursue professional education and research programs aimed at advancing the science and practice of pharmacy. Working in collaboration with PSW, the foundation provides unique educational opportunities and fosters leadership development for Wisconsin pharmacists and student pharmacists. The foundation also engages in practice-based research projects and raises funds through various sources to contract for necessary services and continue its programs.


Official website here: www.pswi.org

Who is the CEO of Wisconsin Pharmacy Foundation Inc?

Sarah Sorum is the Officer of Wisconsin Pharmacy Foundation Inc.


Official website here: www.pswi.org

What is the revenue of Wisconsin Pharmacy Foundation Inc?

Wisconsin Pharmacy Foundation Inc's revenue in 2022 was $269,918.


Official website here: www.pswi.org

Who are the executives of Wisconsin Pharmacy Foundation Inc and what are their salaries?

There 9 volunteers at Wisconsin Pharmacy Foundation Inc.


Here are 9 key members and their salaries:


Mike Gillard (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Olson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Gruber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynnae Mahaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mabie (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Theesfeld (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Sorum (Treasurer & Secretary)
  • Compensation: $0
  • Related: $200,437
  • Other: $32,778


Official website here: www.pswi.org

Where can I find the form 990 for Wisconsin Pharmacy Foundation Inc?

Wisconsin Pharmacy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pswi.org

Learn more at the official website: www.pswi.org

Mission Statement of Wisconsin Pharmacy Foundation Inc

The Wisconsin Pharmacy Foundation Inc, a non-profit and tax-exempt organization, is committed to supporting and advancing the science and practice of pharmacy. Through its mission, the foundation works in collaboration with PSW to provide unique educational opportunities and foster leadership development for pharmacists and student pharmacists in Wisconsin. The organization also pursues practice-based research projects, using funds raised from PSW members, research grants, and charitable donations. This enables the foundation to contract for necessary services and carry out its programs, ultimately contributing to the advancement of the pharmacy field.

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Impact




October, 2024

Wisconsin Pharmacy Foundation Inc significantly impacts the field of pharmacy by enhancing professional education and supporting research initiatives that promote the science and practice of pharmacy. One of the foundation's vital programs is focused on addressing mental health challenges faced by pharmacy personnel, particularly those exacerbated by the pandemic. Through weekly group discussions led by clinical psychologists, participants learn to manage anxiety, fear, and stress while developing emotional resilience necessary for providing quality care during challenging times. Notably, the foundation has completed the "Mental Health First Aid" training program, equipping pharmacists with the skills to address substance use disorders, depression, and trauma effectively.

In response to the ongoing challenges posed by COVID-19, the foundation has also demonstrated a commitment to health equity by serving minority populations across 17 counties. This includes facilitating vaccination clinics, where they connected over 300 long-term care facilities with pharmacies to ensure timely access to COVID boosters and flu shots.

Furthermore, the foundation contributes to the understanding of pain management through its Cardinal Program, which disseminates findings and resources related to opioid abatement and optimal prescribing practices. A toolkit for pharmacists and communities is forthcoming, ensuring that vital information is accessible to strengthen pharmacy practice in addressing opioid-related issues.

By creating online resources and conducting educational presentations, the foundation equips pharmacy professionals with essential tools and knowledge, fostering a supportive and informed community dedicated to advancing pharmacy practice across Wisconsin.




This information is meant to be a general summary of Wisconsin Pharmacy Foundation Inc. 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.

Revenue
$269,918 (2022)
Expenses
$287,091 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $60,855
  • Gross Receipts: $382,045

Assets and Liabilities:

  • Total Assets: $1,531,481
  • Total Liabilities: $75,260
  • Net Assets: $1,456,221

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Organization Details

Founding Year

1969

Principal Officer

Sarah Sorum

Main Address

701 HEARTLAND TRL, MADISON, WI, 537171916

NTEE Category

Code: B99Z - Education

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