The North Carolina Pharmaceutical Association Endowment Fund Inc

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

EIN: 561652001 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is The North Carolina Pharmaceutical Association Endowment Fund Inc?

The North Carolina Pharmaceutical Association Endowment Fund Inc is a nonprofit organization situated in Durham, North Carolina. Its primary focus is to offer financial assistance to pharmacy students through the administration of loans. Additionally, the fund supports the North Carolina Association of Pharmacists by providing periodic grants for educational purposes. The endowment fund's mission is to uphold the integrity and ethical standards of the pharmaceutical profession, enhance the quality of pharmaceutical education, and aid the North Carolina Association of Pharmacists in achieving charitable, scientific, literary, and educational objectives.

Is The North Carolina Pharmaceutical Association Endowment Fund Inc legitimate?

The North Carolina Pharmaceutical Association Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The North Carolina Pharmaceutical Association Endowment Fund 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

What is the mission statement of The North Carolina Pharmaceutical Association Endowment Fund Inc?

The North Carolina Pharmaceutical Association Endowment Fund Inc's mission is centered around providing support for the North Carolina Association of Pharmacists and its educational initiatives. The primary objective of the fund is to manage and invest designated funds, while also promoting and upholding the integrity of the pharmaceutical profession. Additionally, the fund aims to enhance the standards of pharmaceutical education and contribute to the North Carolina Association of Pharmacists in achieving charitable, scientific, literary, and educational objectives. The endowment fund serves as a resource to support the association in reaching its goals, ultimately contributing to the betterment of the pharmaceutical field.

Who is the CEO of The North Carolina Pharmaceutical Association Endowment Fund Inc?

Keith Elmore is the President of The North Carolina Pharmaceutical Association Endowment Fund Inc.

What is the revenue of The North Carolina Pharmaceutical Association Endowment Fund Inc?

The North Carolina Pharmaceutical Association Endowment Fund Inc's revenue in 2022 was -$30,314.

Who are the executives of The North Carolina Pharmaceutical Association Endowment Fund Inc and what are their salaries?


Here are 9 key members and their salaries:


W Keith Elmore (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell W Watts (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen C Dedrick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy S Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Frank Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Kelm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert F Lockamy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ouita Gatton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The North Carolina Pharmaceutical Association Endowment Fund Inc?

The North Carolina Pharmaceutical Association Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The North Carolina Pharmaceutical Association Endowment Fund Inc

The North Carolina Pharmaceutical Association Endowment Fund Inc is dedicated to supporting the North Carolina Association of Pharmacists and its educational programs. The fund's mission is multifaceted, encompassing various aspects. Firstly, it aims to manage and invest designated funds, safeguarding their integrity and ensuring their effective use. Secondly, the fund seeks to uphold and maintain the honor of the pharmaceutical profession by promoting and elevating its standards. This involves fostering a culture of excellence in pharmaceutical education. Lastly, the North Carolina Pharmaceutical Association Endowment Fund Inc provides financial aid to the North Carolina Association of Pharmacists, assisting them in achieving charitable, scientific, literary, and educational objectives. By fulfilling these objectives, the fund contributes to the betterment of the pharmaceutical industry and the advancement of pharmaceutical education in North Carolina.

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Impact




October, 2024

The North Carolina Pharmaceutical Association Endowment Fund Inc significantly enhances the landscape of pharmaceutical education and the profession in North Carolina. By administering loans to pharmacy students, it alleviates financial barriers, making it more accessible for aspiring pharmacists to pursue their education. This crucial support helps to cultivate a skilled workforce that upholds the integrity and standards of the pharmaceutical profession.

Moreover, the fund regularly provides grants to the North Carolina Association of Pharmacists, which enables the organization to implement various educational programs and initiatives. This financing promotes the ongoing professional development of pharmacists, ensuring they are well-equipped to meet the needs of their communities.

Overall, the endowment fund plays a vital role in fostering a culture of excellence within pharmaceutical education and practice, aligning educational goals with the broader mission of improving health outcomes for the citizens of North Carolina.




This information is meant to be a general summary of The North Carolina Pharmaceutical Association Endowment Fund 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
-$30,314 (2022)
Expenses
$109,690 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$30,314
  • Gross Receipts: $2,398,137

Assets and Liabilities:

  • Total Assets: $2,761,431
  • Total Liabilities: $33,497
  • Net Assets: $2,727,934

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Organization Details

Founding Year

1989

Principal Officer

Keith Elmore

Main Address

1101 SLATER ROAD 110, DURHAM, NC, 27703

NTEE Category

Code: E60 - Health

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