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The Pharmacy Network Foundation Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1991. It holds total assets of $15.7M. Annual income is reported at $6M. The foundation is governed by 5 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, The Pharmacy Network Foundation Inc. has made 33 grants totaling $3.1M, with a median grant of $80K. Annual giving has grown from $720K in 2020 to $1.6M in 2022. Individual grants have ranged from $5K to $150K, with an average award of $93K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina and Mississippi. Contributions to this foundation are tax-deductible.
Smallest Grant
$60K
Median Grant
$68K
Average Grant
$90K
Largest Grant
$150K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Pharmacy Network Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in NC, SC, MS.
The Pharmacy Network Foundation Inc. has distributed a total of $3.1M across 33 grants. The median grant size is $80K, with an average of $93K. Individual grants have ranged from $5K to $150K.
Improving delivery and quality of pharmaceutical care to the public by development, research and education. Priority to nc and sc organizations.
The Pharmacy Network Foundation Inc. is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Andrew Barrett | VICE PRESIDENT | $41K | $0 | $41K |
| Milton Graham Stewart Jr | DIRECTOR | $41K | $0 | $41K |
| Mitchell W Watts | PRESIDENT | $41K | $0 | $41K |
| Jimmy S Jackson | SECRETARY/TREASURER | $41K | $0 | $41K |
| Julian E Upchurch | DIRECTOR | $12K | $0 | $12K |
Total Giving
$985K
Total Assets
$15.1M
Fair Market Value
$15.1M
Net Worth
$15.1M
Grants Paid
$695K
Contributions
N/A
Net Investment Income
$191K
Distribution Amount
$740K
Total: $12.6M
Total Grants
33
Total Giving
$3.1M
Average Grant
$93K
Median Grant
$80K
Unique Recipients
5
Most Common Grant
$80K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Campbell University School Of PharmacyFUND DISPENSING LAB | Buies Creek, NC | $150K | 2022 |
| The Medical Univ Of Sc College Of PharmacyBUILDING FUND | Charleston, SC | $150K | 2022 |
| Unc-Ch School Of PharmacyMULTIMEDIA PHARMACY INSTRUCTIONAL DEVELOPMENT | Chapel Hill, NC | $95K | 2022 |
| Wingate University School Of PharmacyBUILDING FUND | Wingate, NC | $95K | 2022 |
| The University Of Mississippi School Of PharmacyFUNDING FOR WHITE COAT CEREMONY FOR STUDENTS | Oxford, MS | $5K | 2021 |