Ifpw Foundation
- Assets
- $284.0k
- Revenue
- $247.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Manassas, VA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-1554531
Organization Overview
Ifpw Foundation is located in Manassas, VA. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ifpw Foundation 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 12/2021, Ifpw Foundation generated $247.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $90.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS ORGANIZATIONS AND INITIATIVES THAT IMPROVE THE AVAILABILITY OF VACCINES, MEDICINES AND OTHER HEALTHCARE PRODUCTS TO THOSE IN NEED WORLDWIDE THROUGH A VARIETY OF EDUCATIONAL AND CHARITABLE ACTIVITIES, INCLUDING THOSE FOCUSED ON PHARMACEUTICAL SUPPLY CHAIN IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTS FIGHT THE FAKES ALLIANCE, A SWISS ASSOCIATION, IN RAISING AWARENESS AROUND THE ISSUE OF COUNTERFEIT, FALSIFIED, AND SUBSTANDARD MEDICINES AND THE DANGERS THEY POSE TO PATIENTS WORLDWIDE. FINANCIAL DUES ARE PAID WHICH ALLOWS A RELATED ORGANIZATION, INTERNATIONAL FEDERATION OF PHARMACEUTICAL WHOLESALERS, INC. (IFPW), TO SERVE ON THE EXECUTIVE BOARD OF THE ASSOCIATION AND PROVIDE STRATEGIC DIRECTION TO THE ALLIANCE'S PROGRAMS AND EFFORTS. DUES ALSO SUPPORT THE SECRETARIAT, WHOSE FUNCTIONS ARE PERFORMED BY A PUBLIC AFFAIRS AGENCY LOCATED IN BELGIUM.
PROVIDES STRATEGIC CONSULTATION AND IMPLEMENTATION SUPPORT TO GAVI ALLIANCE FOR THE IMPLEMENTATION OF AN EXECUTIVE LEADERSHIP PROGRAM, STEP LEADERSHIP, WHICH PROVIDES ONLINE AND FACE-TO-FACE TRAINING TO PUBLIC HEALTH IMMUNIZATION PROGRAM MANAGERS AND PERSONNEL TO HELP THEM IMPROVE THE EFFICIENCY AND PERFORMANCE OF THEIR VACCINATION PROGRAMS. COURSES ARE FOCUSED ON GAVI-PRIORITY COUNTRIES AND WERE OFFERED PREDOMINANTLY IN SUB-SAHARAN AFRICA.
ENGAGED AS A SUBCONTRACTOR FOR AN ASSOCIATION STRENGTHENING PROJECT IN ZAMBIA DESIGNED TO IMPROVE THE ACCESS AND AVAILABILITY OF ESSENTIAL HEALTH PRODUCTS VIA A STRONGER PRIVATE-SECTOR. SUPPORTED THE ZAMBIAN PHARMACEUTICAL BUSINESS FORUM (ZPBF) IN COLLABORATION WITH CHEMONICS. WORK INCLUDED INTERVIEWS AND ASSESSMENTS; THEMATIC WORKSHOPS ON KEY ASSOCIATION AREAS (MEMBERSHIP, GOVERNANCE, LEADERSHIP, ETC.); DEVELOPMENT OF WORKPLANS; AND COACHING THE ZPBF BOARD MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Collis Chairman | OfficerTrustee | 0 | $0 |
Elias Solomon Nadar Vice Chairman | OfficerTrustee | 0 | $0 |
Christopher Goetz Executive VP | OfficerTrustee | 10 | $0 |
Mark Parrish President | OfficerTrustee | 2 | $0 |
Ornella Barra Trustee | Trustee | 0 | $0 |
Jean Marc Leccia Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $212,262 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,262 |
| Total Program Service Revenue | $35,211 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,594 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $40,476 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1 |
| Information technology | $123 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $475 |
| All other expenses | $322 |
| Total functional expenses | $90,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,339 |
| Savings and temporary cash investments | $203,431 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,222 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $283,992 |
| Accounts payable and accrued expenses | $22,000 |
| Grants payable | $100,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $122,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $161,992 |
| Total liabilities and net assets/fund balances | $283,992 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ifpw Foundation has recieved totaling $18.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
James W And Frances Gibson Mcglothlin Foundation Bristol, VA | $55,479,136 | $5,807,937 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Madeline Foundation Baltimore, MD | $27,935,341 | $684,991 |
John Rex Endowment Raleigh, NC | $72,005,406 | $10,264,844 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |
Venable Baetjer And Howard Foundation Baltimore, MD | $411,758 | $3,720,067 |
Kolibri Foundation Inc Washington, DC | $25,943,036 | $16,488,107 |
George Wolf Memorial Intrvs Tr Ua 08082003 Washington, DC | $12,689,943 | $2,315,178 |
The Harvey M And Lyn P Meyerhoff Fund Inc Baltimore, MD | $35,059,295 | $6,016,350 |
Harry Weinberg Family Foundation Inc Baltimore, MD | $47,202,847 | $1,657,576 |
Parks System Tr Fund Wheeling, WV | $22,910,458 | $3,155,007 |