Overview
What is National Pharmaceutical Association Foundation?
The National Pharmaceutical Association Foundation is a nonprofit organization based in Cary, North Carolina. Its primary mission is to promote and foster education programs, research projects, and innovative pharmacy practices. This includes providing career counseling, student assistance, post-graduate education, professional utilization, and public health assistance. The foundation also supports the activities of the National Pharmaceutical Association, offering scholarships to minority and underserved students who are members of the Student National Pharmaceutical Association. Their aim is to contribute to the advancement of pharmacy and pharmacy-related fields.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The National Pharmaceutical Association Foundation has achieved an 80% rating, reflecting a solid performance in accountability and finance. The score is based entirely on their accountability measures, indicating a strong commitment to transparency and effective financial management. The organization boasts a fully independent board, with all 12 members meeting this standard, which contributes to its high ranking.
Among the strengths noted, the foundation shows no material asset diversions, has a robust conflict of interest policy in place, and actively documents board meeting minutes. Additionally, the organization's program expense ratio is impressive at 91.83%, suggesting that a significant portion of its funds directly supports its programs and initiatives rather than administrative costs.
While the overall score is commendable, it is important to acknowledge that the rating is solely derived from financial accountability metrics. This focus may not provide a comprehensive view of the foundation's impact in the community or its effectiveness in achieving its mission, highlighting a limitation in understanding the full scope of its operations.
This AI summary has been generated from information found on Charity Navigator.
Is National Pharmaceutical Association Foundation legitimate?
National Pharmaceutical Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Pharmaceutical Association Foundation 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:
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What is the mission statement of National Pharmaceutical Association Foundation?
The National Pharmaceutical Association Foundation's mission is centered around supporting the activities of the National Pharmaceutical Association. This includes sponsoring education programs, funding research projects, and promoting innovative pharmacy practices. Additionally, the foundation offers scholarships to minority and underserved students who are members of the Student National Pharmaceutical Association. The organization aims to institute, sponsor, establish, foster, and promote education programs, research projects, and innovative pharmacy practices in the field of pharmacy, providing resources for career counseling, student and peer assistance, post-graduate education, professional utilization, and public health assistance.
Who is the CEO of National Pharmaceutical Association Foundation?
Terrence V Burroughs Mba Cmtm Rph is the Trustee of National Pharmaceutical Association Foundation.
What is the revenue of National Pharmaceutical Association Foundation?
National Pharmaceutical Association Foundation's revenue in 2022 was $25,787.
Who are the executives of National Pharmaceutical Association Foundation and what are their salaries?
There 13 volunteers at National Pharmaceutical Association Foundation.
Here are 14 key members and their salaries:
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Where can I find the form 990 for National Pharmaceutical Association Foundation?
National Pharmaceutical Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of National Pharmaceutical Association Foundation
The National Pharmaceutical Association Foundation, in its mission, supports the activities of the National Pharmaceutical Association. This includes facilitating education programs, funding research projects, and promoting innovative pharmacy practices. Moreover, the foundation extends its support to minority and underserved students who are members of the Student National Pharmaceutical Association by providing them with scholarships. By instigating, sponsoring, establishing, fostering, and promoting education programs and research projects, as well as innovative pharmacy practices, the National Pharmaceutical Association Foundation contributes to the field of pharmacy. This encompasses various aspects such as career counseling, student and peer assistance, post-graduate education, professional utilization, and public health assistance.
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Impact
August, 2024
The National Pharmaceutical Association Foundation's impact is centered around supporting the activities of the National Pharmaceutical Association, including education programs, research projects, and innovative pharmacy practices. Additionally, the foundation provides scholarships to minority and underserved students who are members of the Student National Pharmaceutical Association. This assistance aims to promote education, research, and innovative practices in the field of pharmacy, while also fostering career counseling, student and peer assistance, post-graduate education, professional utilization, and public health assistance.
This information is meant to be a general summary of National Pharmaceutical Association 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 2022.
- Investment Income: $7,511
- Gross Receipts: $25,787
Assets and Liabilities:
- Total Assets: $550,065
- Total Liabilities: $0
- Net Assets: $550,065
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Organization Details
Founding Year
2000
Phone
(919) 469-5858Principal Officer
Terrence V Burroughs Mba Cmtm Rph
Main Address
PO BOX 5131, CARY, NC, 27511
NTEE Category
Code: B82 - Education
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