Civic Intelligence

Virginia Pharmaceutical Association

EIN 54-1142544 • 501(c)3 • North Chesterfield, VA

Profile

to promote the health and wellness through development of pharmacist-provided patient care services; and to encourage, provide for, and engage in scientific research, education, and the advancement of the profession of pharmacy.

2530 Professional RdNorth Chesterfield, VA 23235

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.66x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

8th percentile

-39%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

49th percentile

3.0%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Up

$1,332,575

Up $76,066 (+6.1%) from 2023

Liabilities

Up

$23,646

Up $14,985 (+173%) from 2023

Net Assets

Up

$1,308,929

Up $61,081 (+4.9%) from 2023

Revenue

Down

$35,819

Down $24,258 (-40%) from 2023

Expenses

Down

$49,775

Down $24,958 (-33%) from 2023

Net Income

Up

-$13,956

Up $700 (+4.8%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $935,307Liabilities 2011: $115,487Net Assets 2011: $819,8202011Assets 2012: $946,979Liabilities 2012: $36,922Net Assets 2012: $910,0572012Assets 2013: $1,020,009Liabilities 2013: $33,002Net Assets 2013: $987,0072013Assets 2014: $1,037,172Liabilities 2014: $7,835Net Assets 2014: $1,029,3372014Assets 2015: $1,030,735Liabilities 2015: $2,386Net Assets 2015: $1,028,3492015Assets 2016: $1,066,577Liabilities 2016: $3,661Net Assets 2016: $1,062,9162016Assets 2017: $1,095,841Liabilities 2017: $3,108Net Assets 2017: $1,092,7332017Assets 2018: $1,136,550Liabilities 2018: $10,436Net Assets 2018: $1,126,1142018Assets 2019: $1,153,511Liabilities 2019: $24,990Net Assets 2019: $1,128,5212019Assets 2020: $1,132,483Liabilities 2020: $1,758Net Assets 2020: $1,130,7252020Assets 2021: $1,351,913Liabilities 2021: $41,861Net Assets 2021: $1,310,0522021Assets 2022: $1,278,081Liabilities 2022: $20,173Net Assets 2022: $1,257,9082022Assets 2023: $1,256,509Liabilities 2023: $8,661Net Assets 2023: $1,247,8482023Assets 2025: $1,332,575Liabilities 2025: $23,646Net Assets 2025: $1,308,9292025

Highlighted filing

2025

Assets$1,332,575
Liabilities$23,646
Net Assets$1,308,929

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $92,7932011Expenses 2012: $89,3382012Expenses 2013: $71,5832013Revenue 2014: $90,760Expenses 2014: $72,968Net Income 2014: $17,7922014Revenue 2015: $74,047Expenses 2015: $79,707Net Income 2015: -$5,6602015Revenue 2016: $116,731Expenses 2016: $67,625Net Income 2016: $49,1062016Revenue 2017: $78,838Expenses 2017: $85,937Net Income 2017: -$7,0992017Revenue 2018: $69,920Expenses 2018: $83,870Net Income 2018: -$13,9502018Revenue 2019: $77,610Expenses 2019: $79,699Net Income 2019: -$2,0892019Revenue 2020: $153,283Expenses 2020: $86,341Net Income 2020: $66,9422020Revenue 2021: $246,368Expenses 2021: $78,374Net Income 2021: $167,9942021Revenue 2022: $50,734Expenses 2022: $64,770Net Income 2022: -$14,0362022Revenue 2023: $60,077Expenses 2023: $74,733Net Income 2023: -$14,6562023Revenue 2025: $35,819Expenses 2025: $49,775Net Income 2025: -$13,9562025

Highlighted filing

2025

Revenue$35,819
Expenses$49,775
Net Income-$13,956

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.33$0.02$1.31$0.04$0.05$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.01$1.25$0.06$0.07$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.02$1.26$0.05$0.06$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.04$1.31$0.25$0.08$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$0.15$0.09$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.02$1.13$0.08$0.08$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.01$1.13$0.07$0.08$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.09$0.08$0.09$0.01
2016Summary only. Only limited summary data is available for this year.$1.07$0.00$1.06$0.12$0.07$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.07$0.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.01$1.03$0.09$0.07$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.03$0.99$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.04$0.91$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.12$0.82$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Feb 27, 2026
Return Version
2024v5.0
Gross Receipts
$190,253
Mission and Program Overview

Mission

To promote the health and wellness through development of pharmacist- provided patient care services; and to encourage, provide for and engage in research, education and the advancement of the profession of pharmacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$723,824$785,032▲ $61,208
Land, Buildings, and Equipment, Net$473,322$456,138▼ $17,184
Savings and Temporary Cash Investments$45,348$47,278▲ $1,930
Cash and Non-Interest-Bearing Accounts$40,507$37,085▼ $3,422
Prepaid Expenses and Deferred Charges$3,497$6,591▲ $3,094
Accounts Receivable-$333-
Total Assets$1,286,498$1,332,575▲ $46,077
Other Assets Total-$118-
Liabilities
Accounts Payable and Accrued Expenses$12,519$23,646▲ $11,127
Total Liabilities$12,519$23,646▲ $11,127
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,138,410$1,207,415▲ $69,005
Net Assets With Donor Restrictions$135,569$101,514▼ $34,055
Total Net Assets Fund Balance$1,273,979$1,308,929▲ $34,950
Total Liabilities and Net Assets / Fund Balance$1,286,498$1,332,575▲ $46,077

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$319,602$320,422$640,024
Land$136,536-$136,536
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$16,333
Program Service Revenue
$6,215
Investment Income
$18,156
Other Revenue
$-4,885
All Other Contributions
$16,333
Change in Net Assets
$-13,956

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,895
Revenue Not Reported on Financial Statements
$3,924
Revenue Not Reported on Form 990
$102,917
Total Revenue per Audited Statements
$134,812
Total Revenue per Form 990
$35,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,495
Grants and Similar Amounts Paid$18,280
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$15,000--$15,000
Fees for Services Accounting-$6,200-$6,200
Fees for Service Investment Mgmnt Fees-$3,924-$3,924
Grants to Domestic Individuals$3,280--$3,280
Other Expenses$373$1,362-$1,735
Office Expenses-$1,328-$1,328
Travel$782--$782
Insurance-$696-$696
Information Technology-$300-$300
All Other Expenses-$30-$30
Total Functional Expenses$31,640$18,135$0$49,775

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$99,862
Expenses Not Reported on Form 990$54,011
Total Expenses per Form 990$49,775
Expenses per Audited Statements$45,851
Expenses Not Reported on Financial Statements$3,924
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Pharmacist AssociationNorth Chesterfield, VA501c6-$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The individuals comprising the virginia pharmacists association board of directors are considered members of the foundation because they elect the members of the foundation's governing body, thus participating in the organization's governance as defined by the irs.

Form 990, Page 6, Part VI, Line 7A

All members of the board of trustees shall be appointed by the board of directors of the virginia pharmacists association except the secretary of the foundation who is also the executive director of the association.

Form 990, Page 6, Part VI, Line 11B

The form 990 will be made available to the foundation board of trustees at their next meeting (before filing the return). The secretary of the foundation will present the return for review by the board at that time. Upon review and acceptance by the board, the form 990 is filed.

Form 990, Page 6, Part VI, Line 12C

At the beginning of the calendar year, all board members complete a conflict of interest statement. At all future meetings for the year, members are reminded to declare any potential conflict that might arise during a meeting.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Virginia Pharmaceutical Association
EIN
54-1142544
Phone
8042854145
Address
2530 PROFESSIONAL RD, NORTH CHESTERFIELD, VA 23235

Signing Officer

Name
Jamie Fisher
Title
Secretary
Phone
8042854145
Signed
2026-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Fisher
Formed
1980
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
18

Preparer

Firm
Harris Hardy & Johnstone Pc
Address
300 ARBORETUM PL STE 660, RICHMOND, VA 23236
Preparer
George G Crowell CPA
Phone
8045600560
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board and committee members are volunteers.

Form 990, Page 2, Part III, Line 4A

Addington vision fund - this fund advances the entrepreneurial spirit for community pharmacy, and strives to empower the community pharmacists with innovations in the practice and business of pharmacy to help them thrive; equip community pharmacists for patient-centered clinical services, including planning, providing, documenting, and billing; and enhance the quality of care for all patients through the appropriate, safe, effective use of medications that are used correctly and the promotion of desirable health outcomes and wellness. John c. Shilan fund - this fund was established in the year ended april 30, 2013, in memory of 2011 virginia commonwealth university graduate john shilan. The fund provides a 1,000 award to a selected young pharmacist who has demonstrated an interest in added credentials that will enable them to provide specialized patient care services based on additional knowledge and skill. Rpha scholarship fund - this fund funds the robert g. Wampler/daniel a. Herbert memorial scholarship which is awarded to a pharmacy student entering their second year of pharmacy school at mcv/vcu school of pharmacy. The richmond pharmacists association bases the selection process upon a review of the following candidate qualifications-leadership qualities, involvement in pharmacy organizations, evidence of community service, enthusiasm and compassion for the profession, and good academic standing.

Form 990, Part XI, Line 9

Rental expenses 54,011 rental expenses -54,011

Financial Statement Notes

Schedule D, Page 3, Part X

Uncertain tax positions the accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the foundation and various positions related to the potential sources of unrelated business taxable income (ubti). The foundation has recognized no uncertain tax positions for the years ended april 30, 2025 and 2024.

Schedule D, Page 4, Part XI, Line 2D

RENTAL EXPENSES 54,011

Schedule D, Page 4, Part XII, Line 2D

RENTAL EXPENSES 54,011

Raw XML AppendixShowing 400 of 519 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0ADDINGTON VISION FUND - THIS FUND ADVANCES THE ENTREPRENEURIAL SPIRIT FOR COMMUNITY PHARMACY, AND STRIVES TO EMPOWER THE COMMUNITY PHARMACISTS WITH INNOVATIONS IN THE PRACTICE AND BUSINESS OF PHARMACY TO HELP THEM THRIVE; EQUIP COMMUNITY PHARMACISTS FOR PATIENT-CENTERED CLINICAL SERVICES, INCLUDING PLANNING, PROVIDING, DOCUMENTING, AND BILLING; AND ENHANCE THE QUALITY OF CARE FOR ALL PATIENTS THROUGH THE APPROPRIATE, SAFE, EFFECTIVE USE OF MEDICATIONS THAT ARE USED CORRECTLY AND THE PROMOTION OF DESIRABLE HEALTH OUTCOMES AND WELLNESS. JOHN C. SHILAN FUND - THIS FUND WAS ESTABLISHED IN THE YEAR ENDED APRIL 30, 2013, IN MEMORY OF 2011 VIRGINIA COMMONWEALTH UNIVERSITY GRADUATE JOHN SHILAN. THE FUND PROVIDES A 1,000 AWARD TO A SELECTED YOUNG PHARMACIST WHO HAS DEMONSTRATED AN INTEREST IN ADDED CREDENTIALS THAT WILL ENABLE THEM TO PROVIDE SPECIALIZED PATIENT CARE SERVICES BASED ON ADDITIONAL KNOWLEDGE AND SKILL. RPHA SCHOLARSHIP FUND - THIS FUND FUNDS THE ROBERT G. WAMPLER/DANIEL A. HERBERT MEMORIAL SCHOLARSHIP WHICH IS AWARDED TO A PHARMACY STUDENT ENTERING THEIR SECOND YEAR OF PHARMACY SCHOOL AT MCV/VCU SCHOOL OF PHARMACY. THE RICHMOND PHARMACISTS ASSOCIATION BASES THE SELECTION PROCESS UPON A REVIEW OF THE FOLLOWING CANDIDATE QUALIFICATIONS-LEADERSHIP QUALITIES, INVOLVEMENT IN PHARMACY ORGANIZATIONS, EVIDENCE OF COMMUNITY SERVICE, ENTHUSIASM AND COMPASSION FOR THE PROFESSION, AND GOOD ACADEMIC STANDING.
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IRS990/MissionDesc0TO PROMOTE THE HEALTH AND WELLNESS THROUGH DEVELOPMENT OF PHARMACIST- PROVIDED PATIENT CARE SERVICES; AND TO ENCOURAGE, PROVIDE FOR AND ENGAGE IN RESEARCH, EDUCATION AND THE ADVANCEMENT OF THE PROFESSION OF PHARMACY.
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IRS990/PrincipalOfficerNm0JAMIE FISHER
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IRS990/ProgSrvcAccomActy2Grp/Desc0GENERAL FUND - ENABLES COLLABORATION IN PUBLIC HEALTH INITIATIVES HARVEY B. MORGAN INSTITUTE OF GOVERNMENT AND PUBLIC SERVICE - THIS FUND PROVIDES EDUCATION AND INFORMATION TO CITIZENS, PUBLIC OFFICIALS, AND PHARMACY PROFESSIONALS ON TOPICS RELATED TO HEALTHCARE, AND ADMINISTERS THE STUDENT AWARDS PROGRAM, WHICH FUNDS VARIOUS ANNUAL AWARDS PRESENTED BY THE FOUNDATION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CARL E. BAIN MEMORIAL VIRGINIA PHARMACISTS AIDING PHARMACISTS FUND - THIS FUND ASSISTS IMPAIRED MEMBERS OF THE PHARMACY COMMUNITY AND THEIR FAMILIES THROUGH TREATMENT AND RECOVERY AND BACK INTO THE PRACTICE OF PHARMACY. ADDITIONALLY, THE FUND PROVIDES EDUCATIONAL PROGRAMS TO PHARMACISTS, PHARMACY TECHNICIANS, AND PHARMACY STUDENTS REGARDING PRESCRIPTION DRUG ABUSE RISKS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION PROVIDED A SUPPORT SCHEDULE SHOWING THAT AT SEPTEMBER 30, 2024, THEIR FISCAL YEAR END, THE ORGANIZATION SATISFIED THE PUBLIC SUPPORT TESTS UNDER IRC SECTION 509(A)(2).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1VPHA'S REQUEST FOR SUPPORT WAS TO ASSIST THE ORGANIZATION IN ITS EDUCATIONAL OFFERINGS, AND FOR SCHOLARSHIPS TO PHARMACY STUDENTS. BOARD MEMBERS OF VPHA RESEARCH & EDUCATION FOUNDATION ARE ALSO ACTIVE MEMBERS OF VPHA, AND AS SUCH, ARE ABLE TO VERIFY THAT THEIR SUPPORT IS USED FOR EDUCATIONAL OFFERINGS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VIRGINIA PHARMACISTS ASSOCIATION
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IRS990ScheduleD/RevenueSubtotalAmt031895
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNCERTAIN TAX POSITIONS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE FOUNDATION HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED APRIL 30, 2025 AND 2024.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 54,011
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 54,011
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleI/RecipientTable/RecipientEIN0540420448
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02530 PROFESSIONAL RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NORTH CHESTERFIELD
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD AND COMMITTEE MEMBERS ARE VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADDINGTON VISION FUND - THIS FUND ADVANCES THE ENTREPRENEURIAL SPIRIT FOR COMMUNITY PHARMACY, AND STRIVES TO EMPOWER THE COMMUNITY PHARMACISTS WITH INNOVATIONS IN THE PRACTICE AND BUSINESS OF PHARMACY TO HELP THEM THRIVE; EQUIP COMMUNITY PHARMACISTS FOR PATIENT-CENTERED CLINICAL SERVICES, INCLUDING PLANNING, PROVIDING, DOCUMENTING, AND BILLING; AND ENHANCE THE QUALITY OF CARE FOR ALL PATIENTS THROUGH THE APPROPRIATE, SAFE, EFFECTIVE USE OF MEDICATIONS THAT ARE USED CORRECTLY AND THE PROMOTION OF DESIRABLE HEALTH OUTCOMES AND WELLNESS. JOHN C. SHILAN FUND - THIS FUND WAS ESTABLISHED IN THE YEAR ENDED APRIL 30, 2013, IN MEMORY OF 2011 VIRGINIA COMMONWEALTH UNIVERSITY GRADUATE JOHN SHILAN. THE FUND PROVIDES A 1,000 AWARD TO A SELECTED YOUNG PHARMACIST WHO HAS DEMONSTRATED AN INTEREST IN ADDED CREDENTIALS THAT WILL ENABLE THEM TO PROVIDE SPECIALIZED PATIENT CARE SERVICES BASED ON ADDITIONAL KNOWLEDGE AND SKILL. RPHA SCHOLARSHIP FUND - THIS FUND FUNDS THE ROBERT G. WAMPLER/DANIEL A. HERBERT MEMORIAL SCHOLARSHIP WHICH IS AWARDED TO A PHARMACY STUDENT ENTERING THEIR SECOND YEAR OF PHARMACY SCHOOL AT MCV/VCU SCHOOL OF PHARMACY. THE RICHMOND PHARMACISTS ASSOCIATION BASES THE SELECTION PROCESS UPON A REVIEW OF THE FOLLOWING CANDIDATE QUALIFICATIONS-LEADERSHIP QUALITIES, INVOLVEMENT IN PHARMACY ORGANIZATIONS, EVIDENCE OF COMMUNITY SERVICE, ENTHUSIASM AND COMPASSION FOR THE PROFESSION, AND GOOD ACADEMIC STANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE INDIVIDUALS COMPRISING THE VIRGINIA PHARMACISTS ASSOCIATION BOARD OF DIRECTORS ARE CONSIDERED MEMBERS OF THE FOUNDATION BECAUSE THEY ELECT THE MEMBERS OF THE FOUNDATION'S GOVERNING BODY, THUS PARTICIPATING IN THE ORGANIZATION'S GOVERNANCE AS DEFINED BY THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL MEMBERS OF THE BOARD OF TRUSTEES SHALL BE APPOINTED BY THE BOARD OF DIRECTORS OF THE VIRGINIA PHARMACISTS ASSOCIATION EXCEPT THE SECRETARY OF THE FOUNDATION WHO IS ALSO THE EXECUTIVE DIRECTOR OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 WILL BE MADE AVAILABLE TO THE FOUNDATION BOARD OF TRUSTEES AT THEIR NEXT MEETING (BEFORE FILING THE RETURN). THE SECRETARY OF THE FOUNDATION WILL PRESENT THE RETURN FOR REVIEW BY THE BOARD AT THAT TIME. UPON REVIEW AND ACCEPTANCE BY THE BOARD, THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AT THE BEGINNING OF THE CALENDAR YEAR, ALL BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST STATEMENT. AT ALL FUTURE MEETINGS FOR THE YEAR, MEMBERS ARE REMINDED TO DECLARE ANY POTENTIAL CONFLICT THAT MIGHT ARISE DURING A MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RENTAL EXPENSES 54,011 RENTAL EXPENSES -54,011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A

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