American Pharmacists Association Foundation

Organization Overview

American Pharmacists Association Foundation, operating under the name Apha Foundation, is located in Washington, DC. The organization was established in 1961. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apha 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, Apha Foundation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE APHA FOUNDATION IS TO IMPROVE HEALTH BY INSPIRING PHILANTHROPY, RESEARCH AND INNOVATION THAT ADVANCES PHARMACISTS' PATIENT CARE SERVICES. THE APHA FOUNDATION LOOKS TO CREATE A NEW MEDICATION USE SYSTEM WHERE PATIENTS, PHARMACISTS, PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS COLLABORATE TO DRAMATICALLY IMPROVE THE COST EFFECTIVENESS AND QUALITY OF PATIENT HEALTH OUTCOMES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCIENCE AND RESEARCH - OUR RESEARCH PROJECTS ESTABLISH NEW MODELS OF PRACTICE FOR PHARMACISTS AND REDEFINE PATIENTS HEALTHCARE EXPERIENCE. WE CONNECT EACH PATIENT TO A PHARMACIST WHO EMPOWERS THEM TO BECOME SUCCESSFUL IN MANAGING HIS OR HER OWN HEALTH. OUR WORK VALIDATED THAT THE PHARMACISTS ARE ESSENTIAL TO HELPING PATIENTS ACHIEVE BETTER HEALTH OUTCOMES. THE FOUNDATION RESEARCH PROJECTS INCLUDE IMMUNIZATION REGISTRIES, DIABETES PATIENT CREDENTIALING, DIABETES PREVENTION, RAPID CYCLE INNOVATION, TRIGLYCERIDES AWARENESS AND IMPACT INSTITUTE.


AWARDS AND GRANTS - TO ENCOURAGE THE ENHANCEMENT OF PHARMACISTS SKILLS AND TO PROVIDE BETTER SERVICE TO THE PUBLIC IN THE AREA OF PHARMACEUTICAL CARE. THE FOUNDATION HAS THREE AWARD PROGRAMS: 1. INCENTIVE GRANTS - PROVIDES SEED FUNDING TO PHARMACISTS WHO WANT TO ESTABLISH OR SUPPORT ALREADY EXISTING PATIENT CARE SERVICES WITHIN THEIR PHARMACY PRACTICE.2. PINNACLE AWARDS - ANNUAL RECOGNITION PROGRAM FOR CONTRIBUTIONS TO HEALTHCARE QUALITY THROUGH THE MEDICATION USE PROCESS.3. STUDENT PHARMACISTS PROGRAM - RECOGNIZES STUDENTS WHO HELP SHAPE THE FUTURE OF THE PROFESSION.


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Board, Officers & Key Employees

Name (title)Compensation
Benjamin Bluml
Senior Vice President Of Research
$203,471
Barry Bunting
Project Management Specialist
$111,918
Anjanette Wyatt
Vice President
$0
Steve Simenson
President
$0
Gary Kadlec
Treasurer
$0
Scott Knoer
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kroger Company
Affiliate Partner For Cdc Grant
$188,192
Kb Pharmacy Solutions Inc
Practice-based Research And Consulting
$134,219
Infinitera Inc
Technology Development Consulting
$125,941
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$266,026
Government grants $1,371,312
All other contributions, gifts, grants, and similar amounts not included above$762,036
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,399,374
Total Program Service Revenue$0
Investment income $155,051
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $139,048
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,699,027

Grants Awarded

Over the last fiscal year, American Pharmacists Association Foundation has awarded $72,500 in support to 8 organizations.

Grant RecipientAmount

QUALITY FOOD CENTERS

PURPOSE: PROGRAM SUPPORT

$15,000

EL RIO SANTA CRUZ NHC INC

Org PageRecipient Profile

Tucson, AZ

PURPOSE: PROGRAM SUPPORT

$12,000

SMITH'S FOOD & DRUG CENTERS INC

PURPOSE: PROGRAM SUPPORT

$8,000

KIRK'S PHARMACY

PURPOSE: PROGRAM SUPPORT

$7,500

CHENEY OWL PHARMACY INC

PURPOSE: PROGRAM SUPPORT

$7,500

KELLEY-ROSS & ASSOCIATES INC

PURPOSE: PROGRAM SUPPORT

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that American Pharmacists Association Foundation has recieved totaling $770,495.

Awarding OrganizationAmount
United States Pharmacopeial Convention Inc

Rockville, MD

PURPOSE: APHA REMINGTON ENDOWMENT

$520,000
Leona M & Harry B Helmsley Charitable Trust

New York, NY

PURPOSE: EXPANDING ACCESS TO CGM THROUGH COMMUNITY PHARMACY

$249,913
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$82
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,531,525
Earnings$484,684
Net Contributions$49,248
Other Expense$73,980
Ending Balance$4,991,477

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