Overview
What is Southwestern Pharmacy Alumni Foundation Inc?
Southwestern Pharmacy Alumni Foundation Inc, based in Weatherford, Oklahoma, is a small nonprofit with a primary mission to support the College of Pharmacy at Southwestern Oklahoma State University. Their initiatives include offering research grants, providing scholarships and loans for pharmacy students, and supplying equipment and materials for the college's use. The foundation aims to contribute to the growth and success of the pharmacy school, thereby fostering a nurturing environment for students and faculty alike.
Official website here: www.southwesternpharmacy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Stars
The Southwestern Pharmacy Alumni Foundation Inc has received a 76% rating from Charity Navigator, which translates to a Three-Star rating. This score is primarily derived from its accountability and finance practices, highlighting the organization’s commitment to transparency and responsible financial management.
A notable strength of the foundation is its governance structure, featuring a fully independent board with 11 members, which contributed to a perfect score in this area. Additionally, the organization has implemented robust policies, including those for conflict of interest and whistleblower protections, and has successfully demonstrated proper documentation practices, earning top marks in these categories.
However, the foundation's program expense ratio stands at 50.78%, which is relatively low and has affected its overall score in this domain. This indicates that a significant portion of its expenses may not be directed toward programmatic activities, which could be a concern for potential donors seeking effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Pharmacy Alumni Foundation Inc legitimate?
Southwestern Pharmacy Alumni Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Pharmacy Alumni 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: $9,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.southwesternpharmacy.com
What is the mission statement of Southwestern Pharmacy Alumni Foundation Inc?
The Southwestern Pharmacy Alumni Foundation Inc is committed to supporting the School of Pharmacy at Southwestern Oklahoma State University. Their primary objectives include providing scholarships and loans for pharmacy students, funding research grants for faculty and students, and offering equipment and materials for use within the College of Pharmacy. The foundation's mission is to strengthen the College of Pharmacy by providing research support, funding for instructional equipment, and making donations to the school. Through these initiatives, they aim to contribute to the advancement of pharmacy education and research.
Official website here: www.southwesternpharmacy.com
Who is the CEO of Southwestern Pharmacy Alumni Foundation Inc?
Dr David A Ralph is the President of Southwestern Pharmacy Alumni Foundation Inc.
Official website here: www.southwesternpharmacy.com
What is the revenue of Southwestern Pharmacy Alumni Foundation Inc?
Southwestern Pharmacy Alumni Foundation Inc's revenue in 2022 was $951,413.
Official website here: www.southwesternpharmacy.com
Who are the executives of Southwestern Pharmacy Alumni Foundation Inc and what are their salaries?
The average compensation at Southwestern Pharmacy Alumni Foundation Inc during 2022 was $9,600. There is 1 employee and 11 volunteers at Southwestern Pharmacy Alumni Foundation Inc.
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- Compensation: $9,600
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Official website here: www.southwesternpharmacy.com
Where can I find the form 990 for Southwestern Pharmacy Alumni Foundation Inc?
Southwestern Pharmacy Alumni Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southwesternpharmacy.com
Learn more at the official website: www.southwesternpharmacy.com
Mission Statement of Southwestern Pharmacy Alumni Foundation Inc
The Southwestern Pharmacy Alumni Foundation Inc is committed to supporting the School of Pharmacy at Southwestern Oklahoma State University. In pursuit of this mission, the organization takes several significant steps. Firstly, it offers scholarships and loans to pharmacy students, providing financial aid to those in need. Secondly, the foundation provides research grants to both faculty and students, fostering innovation and knowledge expansion within the field of pharmacy. Lastly, the foundation donates equipment and materials for use by the College of Pharmacy, ensuring that students have access to the necessary resources for their instruction and research. In essence, the Southwestern Pharmacy Alumni Foundation Inc plays a crucial role in supporting the College of Pharmacy at Southwestern Oklahoma State University, contributing to research, providing financial aid, and supplying essential resources.
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Impact
July, 2024
Southwestern Pharmacy Alumni Foundation Inc's impact is significant in supporting the School of Pharmacy at Southwestern Oklahoma State University. They provide crucial support by offering scholarships and making loans available to pharmacy students. Additionally, the foundation provides research grants to faculty and students, as well as equipment and materials for use by the College of Pharmacy. Their contributions play a vital role in advancing education and research within the field of pharmacy, benefiting both current and future pharmacy professionals.
This information is meant to be a general summary of Southwestern Pharmacy Alumni 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $242,440
- Program Service Revenue: $25,687
- Gross Receipts: $951,413
Assets and Liabilities:
- Total Assets: $8,048,414
- Total Liabilities: $0
- Net Assets: $8,048,414
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APOTHECARY
Revenue
$13,325
MISCELLANEOUS
Revenue
$12,362
Organization Details
Founding Year
1974
Phone
(580) 774-3191Principal Officer
Dr David A Ralph
Main Address
PO BOX 702, WEATHERFORD, OK, 73096
Website
www.southwesternpharmacy.comNTEE Category
Code: B84I - Education
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