National Association Of Chain Drug Stores Foundation

Organization Overview

National Association Of Chain Drug Stores Foundation is located in Arlington, VA. The organization was established in 2006. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Chain Drug Stores 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, National Association Of Chain Drug Stores Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, National Association Of Chain Drug Stores Foundation has awarded 92 individual grants totaling $4,803,591. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCED ENGAGEMENT IN GROUND-BREAKING RESEARCH AND EDUCATIONAL INITIATIVES THAT BENEFIT PATIENTS, IMPROVES OUTCOMES, AND ADVANCES PUBLIC HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH: THE NACDS FOUNDATION PROVIDES FUNDING FOR PROJECTS THAT ADVANCE ITS MISSION TO IMPROVE THE HEALTH AND WELLNESS OF THOSE LIVING IN THE U.S. THROUGH MEDICATION MANAGEMENT AND RELATED INTERVENTIONS. THROUGH GRANTMAKING, IT SEEKS TO IMPROVE THE HEALTH AND WELFARE OF PATIENTS. THE NACDS FOUNDATION FUNDED 4 RESEARCH GRANTS IN 2021.


CHARITABLE OUTREACH: THE NACDS FOUNDATION GIVES PRIORITY TO THOSE CHARITABLE ORGANIZATIONS WHERE MEDICATION INITIATIVES AND RELATED RESEARCH CAN HAVE A POSITIVE IMPACT ON THE HEALTH OF PATIENTS. THE LARGEST SHARE OF ITS ANNUAL CONTRIBUTIONS BUDGET IS ALLOCATED TO PROGRAMS THAT ADDRESS THE HEALTH NEEDS OF PATIENTS, AND CHARITABLE COMMUNITY OUTREACH INITIATIVES. IN 2021, THE NACDS FOUNDATION DONATED OR PROVIDED GRANTS TO 5 CHARITABLE ORGANIZATIONS.


PROGRAMS STAFFING: THE SUPPORTED ORGANIZATION - NATIONAL ASSOCIATION OF CHAIN DRUG STORES, INC., PROVIDES STAFF TO THE TAXPAYER TO ADMINISTER THE TAXPAYER'S CHARITABLE GIVING, SCHOLARSHIP AWARDS, RESEARCH, AND OTHER PROGRAMS. THE TAXPAYER REIMBURSES THE SUPPORTED ORGANIZATION FOR THE COST OF THIS STAFF TIME UNDER THE TERMS OF A SERVICES AGREEMENT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Leading Authorities
Speaker Fee
$185,178
Leavitt Partners Llc
Research & Consulting
$135,935
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,278,533
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,278,533
Total Program Service Revenue$42,411
Investment income $347,025
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $737,155
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,405,124

Grants Awarded

Over the last fiscal year, National Association Of Chain Drug Stores Foundation has awarded $584,432 in support to 14 organizations.

Grant RecipientAmount

UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL

Org PageRecipient Profile

Chapel Hill, NC

PURPOSE: Scholarship Awards

$150,000

UNIVERSITY OF PITTSBURGH

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: Scholarship Awards

$104,763

WASHINGTON STATE UNIVERSITY

Org PageRecipient Profile

Pullman, WA

|

$68,069

MARCH OF DIMES FOUNDATION

Org PageRecipient Profile

Arlington, VA

PURPOSE: Children's Health

$50,000

UNIVERSITY OF MINNESOTA

PURPOSE: Scholarship Awards

$50,000

ALZHEIMERS ASSOCIATION

PURPOSE: Health research initiatives

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Association Of Chain Drug Stores Foundation has recieved totaling $50,000.

Awarding OrganizationAmount
Rite Aid Healthy Futures

Camp Hill, PA

PURPOSE: SUPPORT THE LOCAL HEALTH AND WELLNESS PROGRAM

$50,000
View Grant Recipient Profile

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