Overview
What is Washington State Pharmacy Foundation?
The Washington State Pharmacy Foundation is a nonprofit organization situated in Renton, Washington. Its principal focus is on providing scholarships to pharmacy students at two esteemed institutions: the University of Washington School of Pharmacy and the Washington State University School of Pharmacy. This organization carries out its mission to support pharmacy education, research, and practice, as well as initiating educational programming and fostering innovative pharmacy practices to further enhance the field. By doing so, the Washington State Pharmacy Foundation aims to contribute positively to the practice of pharmacy in the state.
Official website here: www.wsparx.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Washington State Pharmacy Foundation has earned a Three-Star rating from Charity Navigator, indicating a moderate level of operational transparency and financial health. The rating is primarily based on the Accountability & Finance score, which reflects the organization’s adherence to best practices in governance and financial management. Achieving a 77% score demonstrates a solid commitment to accountability, particularly in maintaining an independent board and effective policies.
The foundation excels in several key areas, including having 100% independent board members and no material diversion of assets, which are critical indicators of governance integrity. It has also established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention. These factors contribute positively to the organization’s reputation and operational effectiveness.
However, the foundation's program expense ratio of 53.74% suggests that less than ideal funds are being allocated directly to programs relative to total expenses, which may be a point of concern for potential donors. While the organization appears to operate with a solid financial framework, improving the percentage of funds directed toward programs could enhance its overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Washington State Pharmacy Foundation legitimate?
Washington State Pharmacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington State Pharmacy 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wsparx.org
What is the mission statement of Washington State Pharmacy Foundation?
The Washington State Pharmacy Foundation's mission is to support and initiate educational programming and pharmacy practice research, aiming to improve and enhance the practice of pharmacy. They achieve this by advocating for innovative practices and providing scholarships to pharmacy students at the University of Washington School of Pharmacy and the Washington State University School of Pharmacy. The foundation's activities contribute to the advancement of pharmacy education and professional development, ultimately benefiting the pharmaceutical field as a whole.
Official website here: www.wsparx.org
Who is the CEO of Washington State Pharmacy Foundation?
Jennifer Arnold is the President (Left Mid-Year) of Washington State Pharmacy Foundation.
Official website here: www.wsparx.org
What is the revenue of Washington State Pharmacy Foundation?
Washington State Pharmacy Foundation's revenue in 2022 was $39,095.
Official website here: www.wsparx.org
Who are the executives of Washington State Pharmacy Foundation and what are their salaries?
There 10 volunteers at Washington State Pharmacy Foundation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $181,078
- Related: $0
- Other: $13,235
Official website here: www.wsparx.org
Where can I find the form 990 for Washington State Pharmacy Foundation?
Washington State Pharmacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wsparx.org
Learn more at the official website: www.wsparx.org
Mission Statement of Washington State Pharmacy Foundation
The Washington State Pharmacy Foundation is committed to supporting and fostering the advancement of pharmacy education, research, and practice. Its mission is to initiate and sustain educational programming, as well as conduct pharmacy practice research and promote innovative practices. By doing so, the organization aims to improve and enhance the practice of pharmacy, ultimately benefiting the wider community. To achieve this, the Washington State Pharmacy Foundation provides scholarships to pharmacy students at both the University of Washington School of Pharmacy and the Washington State University School of Pharmacy. This financial assistance enables promising students to pursue their studies and contribute to the field of pharmacy in the future. By investing in education and research, the foundation is instrumental in driving progress and enhancing the quality of pharmacy services.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Washington State Pharmacy Foundation's impact can be seen through its support of pharmacy education, research, and practice. By providing scholarships to pharmacy students at the University of Washington School of Pharmacy and the Washington State University School of Pharmacy, the foundation is helping to empower the next generation of pharmacists. Additionally, through its mission to support and initiate educational programming, pharmacy practice research, and innovative practices, the foundation is working to improve and enhance the practice of pharmacy in Washington State.
This information is meant to be a general summary of Washington State Pharmacy 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: $23,383
- Gross Receipts: $52,031
Assets and Liabilities:
- Total Assets: $814,958
- Total Liabilities: $34,554
- Net Assets: $780,404
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1976
Phone
(425) 228-7171Principal Officer
Jennifer Arnold
Main Address
411 Williams Ave S, Renton, WA, 98057
Website
www.wsparx.orgNTEE Category
Code: E66D - Health
If you are a representative of Washington State Pharmacy Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.