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Cumberland Pharma Foundation

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

EIN: 823749040 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Cumberland Pharma Foundation?

The Cumberland Pharma Foundation is a charitable organization established by Cumberland Pharmaceuticals, Inc. to further their mission of enhancing patient care and addressing unmet medical needs. The Foundation proactively supports various non-profit organizations whose activities align with this vision. By serving as a conduit for Cumberland Pharmaceuticals' philanthropic efforts, the Foundation aims to contribute positively to numerous causes and promote overall health and well-being.

Is Cumberland Pharma Foundation legitimate?

Cumberland Pharma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland Pharma 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.

What is the mission statement of Cumberland Pharma Foundation?

The Cumberland Pharma Foundation's mission is centered around providing continuous aid to non-profit organizations. This alignment is based on Cumberland Pharmaceuticals, Inc.'s objective to enhance patient care and tackle unmet medical needs. Established as a philanthropic tool for Cumberland Pharmaceuticals, Inc., the Foundation's role involves facilitating charitable initiatives. Its primary goal is to contribute to the betterment of patient care and support organizations that share its parent company's commitment.

Who is the CEO of Cumberland Pharma Foundation?

Michael Bonner is the President of Cumberland Pharma Foundation.

What is the revenue of Cumberland Pharma Foundation?

Cumberland Pharma Foundation's revenue in 2020 was $58,786.

Who are the executives of Cumberland Pharma Foundation and what are their salaries?


Here are 4 key members and their salaries:


Michael Bonner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shayla Simpson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Kaelin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Cumberland Pharma Foundation?

Cumberland Pharma Foundation's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Cumberland Pharma Foundation

The Cumberland Pharma Foundation is established with the primary objective of providing continuous support to various non-profit organizations. This support is extended to organizations whose activities align with Cumberland Pharmaceuticals, Inc.'s mission to improve patient care and address unmet medical needs. The Foundation serves as a means for Cumberland Pharmaceuticals, Inc. to carry forward its philanthropic endeavors. Its purpose is to facilitate and strengthen the efforts of these charitable organizations in their quest to make significant strides in patient care and healthcare services.

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Impact




August, 2024

The Cumberland Pharma Foundation's impact is significant as it provides ongoing support to various non-profit organizations whose activities align with Cumberland Pharmaceuticals' mission to improve the overall quality of patient care and address unmet medical needs. Through its philanthropic endeavors, the Foundation plays a crucial role in enhancing healthcare outcomes and fostering community well-being.




This information is meant to be a general summary of Cumberland Pharma 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.

Revenue
$58,786 (2020)
Expenses
$37,810 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $62
  • Gross Receipts: $58,786

Assets and Liabilities:

  • Total Assets: $164,187
  • Total Liabilities: $0
  • Net Assets: $164,187

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Organization Details

Principal Officer

Michael Bonner

Main Address

2525 WEST END AVENUE NO 950, NASHVILLE, TN, 37203

NTEE Category

Code: T12 - Philanthropy

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