2025-11-10T14:48:13-06:00 2024-12-31 420714325 RSM US LLP 7351 OFFICE PARK PLACE MELBOURNE FL 329408229 990 2024-01-01 510144922 NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC NATI 7035493001 1776 WILSON BLVD 200 ARLINGTON VA 222092516 DAVID M FITZSIMMONS TREASURER 7035493001 2025-11-10 1 0 KELLI PECK P01423033 3217516200 2025-11-10 2024 2025-03-06 01:10:19Z STEVEN C ANDERSON 1776 WILSON BLVD 200 ARLINGTON VA 222092516 6746090 0 X WWW.NACDSFOUNDATION.ORG X 1973 VA ENHANCED ENGAGEMENT IN GROUND-BREAKING RESEARCH AND EDUCATIONAL INITIATIVES THAT BENEFIT PATIENTS, IMPROVES OUTCOMES, AND ADVANCES PUBLIC HEALTH. 26 25 0 25 0 0 1065100 1264200 25160 46905 126090 724334 -371637 -258237 844713 1777202 987142 1439767 0 0 201741 201476 0 0 20236 248735 384348 1437618 2025591 -592905 -248389 9159229 9417996 82103 199049 9077126 9218947 X ENHANCED ENGAGEMENT IN GROUND-BREAKING RESEARCH AND EDUCATIONAL INITIATIVES THAT BENEFIT PATIENTS, IMPROVES OUTCOMES, AND ADVANCES PUBLIC HEALTH. 0 0 1083662 1109767 RESEARCH: THE NACDS FOUNDATION SUPPORTS IMPACTFUL, HEALTHCARE TRANSFORMATION RESEARCH PROJECTS THAT ADDRESS DISPARITIES AND IMPROVE HEALTH OUTCOMES ACROSS THE COUNTRY. BY PROVIDING RESEARCH GRANTS TO ACADEMIC INSTITUTIONS AND COMMUNITY PARTNERS, THE FOUNDATION SEEKS TO IMPROVE THE HEALTH AND WELLNESS OF COMMUNITIES. THE NACDS FOUNDATION FUNDED 7 RESEARCH GRANTS IN 2024. 260470 190000 46905 EDUCATION: THE NACDS FOUNDATION SCHOLARSHIP PROGRAM SUPPORTS COMMUNITY-BASED LEARNING EXPERIENCES OR OTHER CURRICULUM INNOVATIONS THAT ADVANCE PHARMACY EDUCATION AS WELL AS INCREASE DIVERSITY IN PHARMACY EDUCATION. 34 U.S. BASED AND ACPE ACCREDITED PHARMACY SCHOOLS WERE PROVIDED AWARDS IN 2024.THE FOUNDATION ALSO OFFERS EDUCATIONAL PROGRAMS AND RESOURCES FOR PHARMACISTS, PHARMACY SCHOOLS, AND COMMUNITIES ON PUBLIC HEALTH ISSUES. 211041 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. 140000 140000 CHARITABLE OUTREACH: THE NACDS FOUNDATION REMAINS STEADFAST IN ITS COMMITMENT TO STRATEGIC FUNDING OF CHARITABLE ORGANIZATIONS WITH COLLABORATIVE AND PUBLIC HEALTH FOCUSED MISSIONS THAT AIM TO ADVANCE HEALTHCARE ACCESS, OUTCOMES, AND EQUITY. IN 2024, THE NACDS FOUNDATION PROVIDED SUPPORT TO 8 CHARITABLE ORGANIZATIONS. 153302 CONSUMER & PATIENT PROGRAMS: THE NACDS FOUNDATION DEVELOPS AND SUPPORTS EDUCATIONAL PROGRAMS AND INITIATIVES THAT FOCUS ON MEDICATION SAFETY AND ADHERENCE, AND SUPPORTS PATIENT HEALTH AND WELLNESS.PROGRAM AWARENESS CAMPAIGN 293302 140000 1848475 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD ME MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X DAVID M FITZSIMMONS 7035493001 1776 WILSON BLVD 200 ARLINGTON VA 222092516 PARMJIT AGARWAL DIRECTOR 1.00 X 0 0 0 MICHAEL AIGNER DIRECTOR 1.00 X 0 0 0 CLAIRE BIERMAAS DIRECTOR 1.00 X 0 0 0 MICHAEL BOHLING DIRECTOR 1.00 X 0 0 0 ELIZABETH CATON DIRECTOR 1.00 X 0 0 0 MAUREEN CAVANAUGH DIRECTOR 1.00 X 0 0 0 JANICE COONEY DIRECTOR 1.00 X 0 0 0 BRENT COTTEN DIRECTOR 1.00 X 0 0 0 TERI COWARD DIRECTOR 1.00 X 0 0 0 NAOMI DUVALL DIRECTOR 1.00 X 0 0 0 NIKKI GRIFFIN DIRECTOR 1.00 X 0 0 0 JEFF HOFFMAN DIRECTOR 1.00 X 0 0 0 LAVERNE HUNT DIRECTOR 1.00 X 0 0 0 SUMMER KERLEY DIRECTOR 1.00 X 0 0 0 CRYSTAL LENNARTZ DIRECTOR 1.00 X 0 0 0 AMY MCANARNEY DIRECTOR 1.00 X 0 0 0 JACKIE MORSE DIRECTOR 1.00 X 0 0 0 ANGIE NELSON DIRECTOR 1.00 X 0 0 0 LISA PALEY DIRECTOR 1.00 X 0 0 0 ROBERT POTTER THRU 0824 DIRECTOR 1.00 X 0 0 0 ANTHONY PROVENZANO DIRECTOR 1.00 X 0 0 0 CHAD RILEY DIRECTOR 1.00 X 0 0 0 RINA SHAH DIRECTOR 1.00 X 0 0 0 WILLIAM SIMPSON THRU 0824 DIRECTOR 1.00 X 0 0 0 RICHARD STEPHENS DIRECTOR 1.00 X 0 0 0 MARVIN VINES DIRECTOR 1.00 X 0 0 0 KRISTIN WILLIAMS THRU 0824 DIRECTOR 1.00 X 0 0 0 SHELLIE WINELAND DIRECTOR 1.00 X 0 0 0 STEVEN C ANDERSON FASAE CAE CHAIRMAN 1.00 39.00 X X 0 3025333 85186 DAVID M FITZSIMMONS TREASURER 2.00 38.00 X 0 587602 64786 SARA ROSZAK PRESIDENT 10.00 30.00 X 0 501212 86886 KAYLA MCFEELY SECRETARY 1.00 39.00 X 0 250712 45614 0 4364859 282472 0 0 1 0 LEADING AUTHORITIES 1725 I ST NW WASHINGTON DC 20006 SPEAKERS BUREAU 120000 1 1156700 107500 1264200 SEMINAR/ONLINE TRAININ 900099 46905 46905 46905 315392 315392 4958093 4549151 408942 408942 408942 161500 1156700 419737 -258237 -258237 1777202 46905 0 466097 1439767 1439767 170118 139349 16721 14048 31358 25221 3773 2364 18457 18457 14763 14763 98500 81350 17150 8470 5993 2463 14 50704 41082 5812 3810 36775 25301 11474 122945 90087 32858 BANK FEES 24999 127 24872 MISCELLANEOUS 8735 198 8537 2025591 1848475 156880 20236 171813 287894 120555 0 3075 54192 8863786 5560905 3515005 9159229 9417996 82102 18913 1 180136 82103 199049 X 8187188 8261835 889938 957112 9077126 9218947 9159229 9417996 -248389 390210 0 X X 0 1 X 1 0 X X X 1 NACDS-NAT'L ASSN CHAIN DRUG STORES 135582579 10 1 543276 0 1 543276 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B AS PART OF THE PREPARATION OF THE NACDS FOUNDATION'S 2024 IRS FORM 990, THE FOUNDATION REVIEWED THE SUPPORTING ORGANIZATION'S IRS LETTER OF TAX EXEMPT RECOGNITION TO CONFIRM ITS STATUS AS A 501(C)(6) ORGANIZATION. IN ADDITION, THE FOUNDATION CONDUCTED THE PUBLIC SUPPORT TESTS OUTLINED IN SCHEDULE A, PART III. BASED ON THIS REVIEW, THE NACDS FOUNDATION MET BOTH THE PROGRAM SERVICE REVENUE TEST AND THE INVESTMENT INCOME TEST FOR THE 2024 TAX YEAR. PART IV, SECTION A, LINE 3C PURSUANT TO A WRITTEN AFFILIATION AGREEMENT, THE ONLY SUPPORT GIVEN IS AT-COST REIMBURSEMENT OF EXPENSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 VANGUARD MEGA CAP ETF 488480 C VANGUARD RUSSELL 1000 GROWTH ETF 561436 C DODGE & COX INCOME FD 911100 C VANGUARD INSTL INDEX FD CL INSTL 1553989 C 3515005 DUE TO/FROM NACDS 180136 180136 X 2572386 390210 419737 809947 1762439 14763 14763 1777202 2430565 419737 419737 2010828 14763 14763 2025591 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION HAD NO NET UNRELATED BUSINESS INCOME IN 2024 OR 2023. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET TO REVENUE ON 990 419,737. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NET TO REVENUE ON 990 419,737. NACDS FOUNDATION 1318200 1156700 161500 159841 121868 138028 1318200 1156700 161500 159841 121868 138028 419737 -258237 1 ALLIANCE FOR INTEGRATED MEDICATION MANAGEMENT 3601 PICKETT RD FAIRFAX VA 22031 273176816 501(C)(3) 100000 0 HEALTHCARE RESEARCH GRANT ALZHEIMER'S ASSOCIATION 8180 GREENSBORO DR SUITE 400 MCLEAN VA 22103 133039601 501(C)(3) 25000 0 PHILANTHROPIC CONTRIBUTION AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY (AACP) 1400 CRYSTAL DR SUITE 300 ARLINGTON VA 22202 362376972 501(C)(3) 21000 0 EDUCATIONAL OUTREACH AUBURN UNIVERSITY HARRISON SCHOOL OF PHARMACY 217 WALKER BUILDING AUBURN AL 368495501 636000724 ALABAMA GOVT 25000 0 EDUCATIONAL SCHOLARSHIP CONCORDIA UNIVERSITY WISCONSIN SCHOOL OF PHARMACY 12800 N LAKE SHORE DR MEQUON WI 530972418 390833608 501(C)(3) 15000 0 EDUCATIONAL SCHOLARSHIP LOMA LINDA UNIVERSITY SCHOOL OF PHARMACY 11175 CAMPUS STREET LOMA LINDA CA 92354 951816009 501(C)(3) 320000 0 HEALTHCARE RESEARCH GRANT MARCH OF DIMES 1500 CRYSTAL DRIVE SUITE 1300 ARLINGTON VA 22202 131846366 501(C)(3) 50000 0 PHILANTHROPIC CONTRIBUTION PHILADELPHIA RONALD MCDONALD HOUSE 3925 CHESTNUT STREET PHILADELPHIA PA 19104 237377505 501(C)(3) 15000 0 PHILANTHROPIC CONTRIBUTION SOME INC 71 O STREET WASHINGTON DC 20001 237098123 501(C)(3) 20000 0 PHILANTHROPIC CONTRIBUTION STATE UNIVERSITY OF IOWA 7 JESSUP HALL IOWA CITY IA 52242 426004813 IOWA GOVT 34000 0 HEALTHCARE RESEARCH GRANT TEEN CANCER AMERICA INC 11845 OLYMPIC BLVD STE 775W LOS ANGELES CA 90064 460825676 501(C)(3) 20000 0 PHILANTHROPIC CONTRIBUTION THE UNIVERSITY OF TEXAS AT TYLER 3900 UNIVERSITY BLVD TYLER TX 75799 751396988 TEXAS GOVT 20000 0 EDUCATIONAL SCHOLARSHIP TOURO CALIFORNIA COLLEGE OF PHARMACY 1310 CLUB DRIVE VALLEJO CA 94592 133838740 501(C)(3) 15000 0 EDUCATIONAL SCHOLARSHIP TRUSTEES OF TUFTS UNIVERSITY 169 HOLLAND STREET SOMERVILLE MA 02144 042103634 501(C)(3) 400000 0 HEALTHCARE RESEARCH GRANT UNIVERSITY OF HOUSTON 4349 MARTIN LUTHER KING BLVD HOUSTON TX 772045000 746001399 TEXAS GOVT 15000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF NEBRASKA COLLEGE OF PHARMACY 985045 NEBRASKA MEDICAL CTR OMAHA NE 681985045 470049123 501(C)(3) 15000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF NORTH CAROLINA AT CHAPEL 104 AIRPORT DR SUITE 2200 CB1350 CHAPEL HILL NC 275991350 566001393 501(C)(3) 61917 0 HEALTHCARE RESEARCH GRANT UNIVERSITY OF PITTSBURGH PO BOX 640458 PITTSBURGH PA 152640458 250965591 501(C)(3) 47850 0 HEALTHCARE RESEARCH GRANT UNIVERSITY OF THE PACIFIC THOMAS J LONG SCHOOL OF PHARMACY AND HEALTH SCIE 3601 PACIFIC AVE STOCKTON CA 95211 941156266 501(C)(3) 20000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY PHYSICIANS & SURGEONS INC PO BOX 1896 HUNTINGTON WV 257191896 550564945 501(C)(3) 100000 0 HEALTHCARE RESEARCH GRANT 20 0 PART I, LINE 2: GRANT FUNDS ARE GENERALLY FOR HEALTHCARE RESEARCH, WITH MILESTONES ALONG THE WAY WITH DELIVERABLES. THE DELIVERABLES MUST BE APPROVED BY TAXPAYER BEFORE THE NEXT GRANT INSTALLMENT IS PAID. 0 0 0 0 0 0 0 0 0 STEVEN C ANDERSON FASAE CAE CHAIRMAN 0 1734850 0 1266122 0 24361 0 57500 0 123023 0 3205856 0 0 DAVID M FITZSIMMONS TREASURER 0 440754 0 142888 0 3960 0 34500 0 40922 0 663024 0 0 SARA ROSZAK PRESIDENT 0 413095 0 87631 0 486 0 56000 0 41365 0 598577 0 0 KAYLA MCFEELY SECRETARY 0 211338 0 33063 0 6311 0 22245 0 31415 0 304372 0 0 SCHEDULE J PART III THE FOUNDATION'S TOP MANAGEMENT OFFICIAL IS AN EMPLOYEE OF THE SUPPORTED ORGANIZATION, THE NATIONAL ASSOCIATION OF CHAIN DRUG STORES (NACDS), WHOSE TIME WORKED FOR THE FOUNDATION IS REIMBURSED AT COST BY THE FOUNDATION UNDER A SERVICES AGREEMENT. NACDS ESTABLISHES THE COMPENSATION OF THIS OFFICIAL THROUGH THE USE OF AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION SURVEYS. THE HUMAN RESOURCES COMMITTEE OF THE NACDS BOARD ADMINISTERS AND APPROVES THE COMPENSATION OF ALL OFFICERS WHO WORK ON FOUNDATION MATTERS. FORM 990, LINE 2B THE FOUNDATION LEASES STAFF FROM NACDS, INC. PER A SERVICES AGREEMENT. THE FOUNDATION HAS NO SEPARATE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 7A NACDS ELECTS THE BOARD OF THE FOUNDATION AND NACDS DIRECTORS CAN REMOVE ANY FOUNDATION DIRECTOR AT ANY TIME. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO COMMITTEES WHICH ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. THE DIRECTORS ARE INSTRUCTED TO CONTACT THE TREASURER OF THE ORGANIZATION IF THEY HAVE ANY QUESTIONS REGARDING THE RETURN. AFTER A REASONABLE PERIOD OF TIME, THE FORMS ARE FILED IF THERE ARE NO FURTHER QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO VOTING BOARD MEMBERS OF THE ORGANIZATION; ANY BOARD MEMBER WHO DECLARES A CONFICT OF INTEREST ON A MATTER IS REQUIRED TO RECUSE THEMSELVES FROM THE DISCUSSION AND ANY VOTE ON THE MATTER. IN ORDER TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY, DIRECTORS ARE REMINDED OF THE POLICY AT EVERY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION ENGAGES STAFF FROM THE NATIONAL ASSOCIATION OF CHAIN DRUG STORES (NACDS) AND FOLLOWS ALL COMPENSATION, BENEFITS, AND PERSONNEL POLICIES OF THAT ASSOCIATION. NACDS HAS ESTABLISHED COMPENSATION GUIDELINES THAT ARE BOARD APPROVED AND MANAGED BY THE CEO OF THE ASSOCIATION. WITHIN THE GUIDELINES AND USING COMPARATIVE MARKET DATA, OFFICERS' COMPENSATION IS SET RELATIVE TO COMPETITIVENESS TO MARKET UPON SATISFACTORY ANNUAL PERFORMANCE. ALL OFFICERS' COMPENSATION IS REVIEWED BY THE HUMAN RESOURCES COMMITTEE OF THE SUPPORTED ORGANIZATION'S BOARD PRIOR TO THE EFFECTIVE DATE. FORM 990, PART VI, SECTION C, LINE 19 THE TAXPAYER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR. NATIONAL ASSN CHAIN DRUG STORES INC 1776 WILSON BLVD SUITE 200 ARLINGTON VA 22209 135582579 TRADE ASSOCIATION VA 501(C)(6) N/A 0 NACDS POLITICAL ACTION COMMITTE 1776 WILSON BLVD SUITE 200 ARLINGTON VA 22209 541603961 POLITICAL ACTION COMMITTEE VA 527 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 NATIONAL ASSN OF CHAIN DRUG STORES INC N 50704 ACTUAL COST NATIONAL ASSN OF CHAIN DRUG STORES INC O 201476 ACTUAL COST NATIONAL ASSN OF CHAIN DRUG STORES INC P 291096 ACTUAL COST