American Association Of Colleges Of Pharmacy

Organization Overview

American Association Of Colleges Of Pharmacy is located in Arlington, VA. The organization was established in 1975. As of 06/2022, American Association Of Colleges Of Pharmacy employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Colleges Of Pharmacy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, American Association Of Colleges Of Pharmacy generated $11.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $10.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, American Association Of Colleges Of Pharmacy has awarded 132 individual grants totaling $1,261,147. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCE PHARMACY EDUCATION, RESEARCH, SCHOLARSHIP, PRACTICE AND SERVICE, IN PARTNERSHIP WITH MEMBERS AND STAKEHOLDERS, TO IMPROVE HEALTH FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PHARMCAS: THE PHARMACY COLLEGE APPLICATION SERVICE (PHARMCAS) IS A CENTRALIZED APPLICATION SERVICE THAT IS USED BY THE MAJORITY OF THE COLLEGES AND SCHOOLS OF PHARMACY. DESIGNED FOR FIRST-YEAR PROFESSIONAL PHARMACY DEGREE APPLICANTS, PHARMCAS OFFERS A SIMPLE, EFFICIENT PROCESS TO APPLY TO MULTIPLE COLLEGES AND SCHOOLS OF PHARMACY USING A SINGLE WEB-BASED APPLICATION. THIS PROGRAM ASSISTS MEMBER SCHOOLS BY HELPING MEET THEIR MISSION OF EDUCATING AND TRAINING PHARMACISTS.


MEETINGS: THE ASSOCIATION'S MEMBER-DIRECTED PROGRAMMING PROVIDES PHARMACY EDUCATORS WITH OPPORTUNITIES TO NETWORK WITH PEERS AT THE ASSOCIATION'S ANNUAL, INTERIM AND OTHER MEETINGS FOR THE PURPOSE OF ENRICHMENT, PROFESSIONAL GROWTH AND DEVELOPMENT. THE ASSOCIATION'S ANNUAL MEETING IS THE LARGEST GATHERING OF ACADEMIC PHARMACY ADMINISTRATORS, FACULTY AND STAFF AND OFFERS MORE THAN 75 EDUCATIONAL PROGRAMS THAT CUT ACROSS ALL DISCIPLINES. THE ASSOCIATION ALSO HOLDS OTHER SPECIALIZED MEETINGS ON TOPICS RELATED TO PROFESSIONAL EDUCATION, LEADERSHIP AND CURRICULAR DEVELOPMENT.


MEMBER SERVICES: THE ASSOCIATION OFFERS UNIQUE BENEFITS, SERVICES, AND OPPORTUNITIES FOR INSTITUTIONAL AND INDIVIDUAL MEMBERS WITH CHALLENGING AND RELEVANT EDUCATIONAL PROGRAMMING, ADVOCACY EFFORTS, PUBLICATIONS, AND PARTNERSHIP INITIATIVES DESIGNED TO PROVIDE OPPORTUNITIES TO PHARMACY PROFESSIONALS AT EVERY STAGE OF THEIR DEVELOPMENT. THE ASSOCIATION'S CORE IDEOLOGY - TO PROVIDE LEADERSHIP IN ADVANCING THE QUALITY OF PHARMACY EDUCATION AT ALL LEVELS - IS REFLECTED IN THE TEACHING, RESEARCH, AND SERVICE ACTIVITIES THAT TAKE PLACE WITHIN AND OUTSIDE OUR NATION'S COLLEGES AND SCHOOLS OF PHARMACY. THE ASSOCIATION SEEKS TO PROVIDE LEADERSHIP IN ADVANCING AND ENHANCING THE QUALITY OF EDUCATION AND TRAINING IN ITS MEMBER INSTITUTIONS.


EDUCATION SCHOLAR AND OTHER PROGRAMS: THE ASSOCIATION'S OTHER PROGRAMS INCLUDE BUT ARE NOT LIMITED TO "EDUCATION SCHOLAR" FOCUSING ON TEACHING EXCELLENCE AND PROVIDING SCHOLARSHIP DEVELOPMENT RESOURCES FOR HEALTH PROFESSIONS EDUCATORS. THE AREA OF FACULTY RECRUITMENT AND RETENTION PROVIDES A SERIES OF MANUSCRIPTS, DOCUMENTS, REPRINTS, CASE STUDIES AND EXERCISES TO IMPROVE PHARMACY EDUCATOR'S MANAGEMENT AND LEADERSHIP CAPABILITIES. THE ASSOCIATION ALSO PROVIDES ANALYSES AND DEMOGRAPHIC DATA REPORTED FOR FULL-TIME, PART-TIME AND EMERITI, AND ON SALARIES REPORTED FOR FULL-TIME PHARMACY FACULTY AND ADMINISTRATORS. THE CONTRIBUTIONS OF OUTSTANDING FACULTY AT COLLEGES AND SCHOOLS OF PHARMACY ARE ANNUALLY RECOGNIZED WITH A SERIES OF AWARDS PRESENTED AT THE ASSOCIATION'S NATIONAL MEETINGS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Liaison International Inc
Management & Operating Fees
$2,031,399
Rp3
Pharmacy National Campaign
$155,000
Stephanie S Fouch
Communications Outreach
$139,909
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $652,578
All other contributions, gifts, grants, and similar amounts not included above$448,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,100,828
Total Program Service Revenue$8,971,954
Investment income $333,882
Tax Exempt Bond Proceeds $0
Royalties $48,006
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,226,493
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,822,520

Grants Awarded

Over the last fiscal year, American Association Of Colleges Of Pharmacy has awarded $105,000 in support to 14 organizations.

Grant RecipientAmount

UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL

Org PageRecipient Profile

Chapel Hill, NC

PURPOSE: NEW INVESTIGATORS AWARD

$14,000

UNIVERSITY OF PITTSBURGH

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: NEW INVESTIGATORS AWARD

$7,000

HOWARD UNIVERSITY

Org PageRecipient Profile

Washington, DC

PURPOSE: NEW INVESTIGATORS AWARD

$7,000

CALIFORNIA NORTHSTATE UNIVERSITY

PURPOSE: NEW INVESTIGATORS AWARD

$7,000

MANCHESTER UNIVERSITY INC

Org PageRecipient Profile

North Manchester, IN

PURPOSE: NEW INVESTIGATORS AWARD

$7,000

LIPSCOMB UNIVERSITY

Org PageRecipient Profile

Nashville, TN

PURPOSE: NEW INVESTIGATORS AWARD

$7,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that American Association Of Colleges Of Pharmacy has recieved totaling $68,524.

Awarding OrganizationAmount
Illinois Alcoholism & Drug Depen- Dence Association

Springfield, IL

PURPOSE: TO IMPROVE MINORITY HEALTH

$38,524
American Foundation For Pharmaceutical Education

Fairfax, VA

PURPOSE: Scholarship of Teaching and Learning (SOTL) Grant

$20,000
National Association Of Chain Drug Stores Foundation

Arlington, VA

PURPOSE: Scholarship Awards

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$266,388
Earnings$1,500
Other Expense$1,500
Ending Balance$266,388

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