Wisconsin Pharmacy Foundation Inc is located in Madison, WI. The organization was established in 1997. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Pharmacy Foundation Inc 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 12/2023, Wisconsin Pharmacy Foundation Inc generated $277.7k 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 (6.4%) each year. All expenses for the organization totaled $347.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE, IMPROVE, AND PROMOTE THE PROFESSION OF PHARMACY; TO SUPPORT OPPORTUNITIES FOR THE EXCHANGE OF EXPERTISE, EXPERIENCES AND OPINIONS THROUGH MEETINGS, COMMUNICATIONS, EDUCATION, RESEARCH, AND PUBLICATIONS FOR PHARMACY PROFESSIONALS; TO SUPPORT THE EDUCATIONAL NEEDS AND LEADERSHIP DEVELOPMENT OF PHARMACY PROFESSIONALS; TO PROMOTE KNOWLEDGE AND UNDERSTANDING AMONG THE GENERAL PUBLIC OF THE PROFESSION OF PHARMACY; AND, TO RAISE AND MAINTAIN FUNDS TO SUPPORT AND ADVANCE THE OTHER PURPOSES DESCRIBED HEREIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WISCONSIN PHARMACY FOUNDATION IS A NON-PROFIT, TAX-EXEMPT ORGANIZATION TO SUPPORT AND PURSUE PROFESSIONAL EDUCATION AND RESEARCH PROGRAMS TO ADVANCE THE SCIENCE AND PRACTICE OF PHARMACY.WORKING IN COORDINATION WITH THE PHARMACY SOCIETY OF WISCONSIN, THE FOUNDATION PROMOTES INNOVATION TO ACCELERATE THE DEVELOPMENT OF LEADERS AND THE WORKFORCE THAT ADVANCE PHARMACY.HWPP/AHW - PROMOTING WISCONSIN INFLUENZA VACCINE EQUITY THROUGH PHARMACY ENGAGEMENT - USING A POPULATION HEALTH APPROACH, THIS PROGRAM INVESTIGATED AND ADDRESSED LOW INFLUENZA VACCINATION RATES AMONG ALL PEOPLE IN WISCONSIN AGED 6 MONTHS AND OLDER. ENGAGED PARTNERS CHARACTERIZED INFLUENZA VACCINE BARRIERS AND FACILITATORS. SIX INDIVIDUAL INTERVIEWS AND THREE FOCUS GROUPS WERE COMPLETED AND TRANSCRIBED TO IDENTIFY THEMES. WISCONSIN IMMUNIZATION REGISTRY (WIR) DATA FROM THE 2022-2023 INFLUENZA VACCINE SEASON WERE RECEIVED. DATA WAS ANALYZED BY COUNTY, AGE, GENDER, RACE/ETHNICITY, AND SITE OF ADMINISTRATION TO CHARACTERIZE THE INVOLVEMENT BY PHARMACIES IN VACCINATION EFFORTS. THEMES AND WIR DATA WERE SUMMARIZED AND PRESENTED TO TWO DISTINCT IMMUNIZATION GROUPS. TO ADDRESS LOW VACCINATION RATES, HWPP FACILITATED THE TRAINING AND ENGAGEMENT OF PHARMACIST AND PHARMACY TECHNICIAN VACCINATORS IN THE STATE OF WISCONSIN. DURING THE PROGRAM, 15 ADDITIONAL PHARMACISTS AND 65 PHARMACY TECHNICIANS COMPLETED THE IMMUNIZATION CERTIFICATE PROGRAM. DIDACTIC CONTINUING EDUCATION SESSIONS WERE PROVIDED EMPHASIZING MOTIVATIONAL INTERVIEWING, HEALTH LITERACY, AND VACCINE HESITANCY AND VACCINE EQUITY. ADDITIONALLY, PARTNERING WITH THREE COMMUNITY PHARMACIES AND THREE COMMUNITY-BASED ORGANIZATIONS IN THREE DISTINCT COUNTIES ACROSS WISCONSIN RESULTED IN SUPPORTING 20 PLACE-BASED EDUCATIONAL SESSIONS ABOUT VACCINES IN A CULTURALLY COMPETENT MANNER.MOBILIZING COMMUNITIES FOR A JUST RESPONSE - THIS PROGRAM IMPLEMENTED PHARMACIST-PROVIDED, COMMUNITY-BASED, CULTURALLY SENSITIVE VACCINE AND IMMUNIZATION EDUCATION. EDUCATIONAL SESSIONS WERE PROVIDED AS PART OF REGULARLY SCHEDULED EVENTS AND ROUTINE OPERATING PRACTICES OF THE PARTNERING COMMUNITY-BASED ORGANIZATIONS (CBOS) (E.G., COMMUNITY PICNICS, HEALTH FAIRS, HEALTH RISK ASSESSMENTS, HMONG NEW YEAR, DIABETES SUPPORT GROUP, FOOD PANTRY, COMMUNITY DINNERS, AND A HOLIDAY GIFT EXCHANGE/PARTY). THIS PROGRAM INCLUDED PARTNERING WITH SIX COMMUNITY PHARMACIES AND SIX CBOS ACROSS FOUR DISTINCT COUNTIES WITHIN WISCONSIN. A TOTAL OF 58 EDUCATIONAL SESSIONS WERE CONDUCTED ACROSS THE SIX DAYS. PARTNERS PARTICIPATED IN NINE COHORT MEETINGS, FACILITATED BY THE WPF/PSW STAFF, TO COLLABORATIVELY DISCUSS EDUCATIONAL PROGRAM SUCCESSES AND CHALLENGES. IMPLEMENTING THIS INTEGRATED EDUCATIONAL MODEL INTO THE COMMUNITY, BUILT TRUST AND SUPPORTED SUSTAINABILITY, FACILITATED BI-DIRECTIONAL COMMUNICATION BETWEEN THE CBOS AND PHARMACIES WHILE CONTINUING TO IMPROVE PARTICIPANT HEALTH LITERACY, CREATED A PHARMACY HOME AND ULTIMATELY DECREASED VACCINE HESITANCY TO IMPROVE VACCINATION RATES IN UNDERSERVED POPULATIONS.DECKER-TEMPLE LEADERSHIP PHARMACY CONFERENCE - PROVIDE CONFERENCE PARTICIPANTS WITH STRONG LEADERSHIP TRAINING. INCREASE AWARENESS OF ISSUES IMPACTING THE PROFESSION OF PHARMACY NATIONALLY AND IN THEIR OWN STATE. ENCOURAGE THE INVOLVEMENT OF ALL NEW PRACTITIONERS IN PROFESSIONAL AND COMMUNITY ACTIVITIES. DEVELOP NEW PRACTITIONERS FOR LEADERSHIP POSITIONS WITHIN THE PROFESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Gillard Officer | OfficerTrustee | 0.7 | $0 |
Matthew Mabie Chair | OfficerTrustee | 0.7 | $0 |
Melissa Theesfeld Officer | OfficerTrustee | 0.7 | $0 |
Steve Rough Director | Trustee | 0.7 | $0 |
Dean Gruber Director | Trustee | 0.7 | $0 |
Russell Jensen Director | Trustee | 0.7 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $14,043 |
Related organizations | $0 |
Government grants | $75,360 |
All other contributions, gifts, grants, and similar amounts not included above | $126,435 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $215,838 |
Total Program Service Revenue | $0 |
Investment income | $49,602 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,642 |
Net Income from Fundraising Events | $13,854 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $277,652 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,607 |
Grants and other assistance to domestic individuals. | $5,034 |
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 | $73,125 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,907 |
Fees for services: Other | $162,185 |
Advertising and promotion | $0 |
Office expenses | $327 |
Information technology | $0 |
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 | $82,244 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,800 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $347,029 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $154,599 |
Pledges and grants receivable | $30,712 |
Accounts receivable, net | $274 |
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 | $15,382 |
Net Land, buildings, and equipment | $6,299 |
Investments—publicly traded securities | $1,241,207 |
Investments—other securities | $12,719 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $81,831 |
Total assets | $1,543,023 |
Accounts payable and accrued expenses | $5,500 |
Grants payable | $0 |
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 | $25,453 |
Total liabilities | $30,953 |
Net assets without donor restrictions | $1,127,516 |
Net assets with donor restrictions | $384,554 |
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 | $0 |
Total liabilities and net assets/fund balances | $1,543,023 |