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Virginia · Nonprofit

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY (Virginia) receives grants from 6 organizations whose IRS filings report $766,644 to it, the largest being CVS FOUNDATION ($453,600). 4 of them have funded it in more than one year.

Revenue FY2025
$12M
Funders on record
6
Grants received
$767k
Net assets
$5.7M
4/6 repeat funderspeak grant-dependency 1%
01What it does

What American Association of Colleges of Pharmacy does

Mission

Advance pharmacy education, research, scholarship, practice and service, in partnership with members and stakeholders, to improve health for all.

As stated on its FY2025 Form 990.

Programs

  1. Meetings: American Association of Colleges of Pharmacy's (the association) member-directed programming provides pharmacy educators with opportunities to network with peers at the association's annual, interim and other meetings for the purpose of enrichment, professional growth and development. The association's annual meeting is the largest gathering of academic pharmacy administrators, faculty and staff and offers more than 75 educational programs that cut across all disciplines. The association also holds other specialized meetings on topics related to professional education, leadership and curricular development.

    $2,688,548 spent$2,562,755 earned by the program
    27% of program spending
  2. Pharmcas: the pharmacy college application service (pharmcas) is a centralized application service that is used by the majority of the colleges and schools of pharmacy. Designed for first year professional pharmacy degree applicants, pharmcas offers a simple, efficient process to apply to multiple colleges and schools of pharmacy using a single webbased application. This program assists member schools by helping meet their mission of educating and training pharmacists.

    $2,499,953 spent$3,405,504 earned by the program
    25% of program spending
  3. Member services: the association offers unique benefits, services, and opportunities for institutional and individual members with challenging and relevant educational programming, advocacy efforts, publications, and partnership initiatives designed to provide opportunities to pharmacy professionals at every stage of their development. The association's core ideology - to provide leadership in advancing the quality of pharmacy education at all levels - is reflected in the teaching, research, and service activities that take place within and outside our nation's colleges and schools of pharmacy. The association seeks to provide leadership in advancing and enhancing the quality of education and training in its member institutions.

    $1,249,139 spentof which $3,695 as grants$4,456,134 earned by the program
    12% of program spending
  4. Education scholar and other programs

    $3,691,158 spentof which $475,472 as grants$94,294 earned by the program
    36% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,128,798.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($13M) Expenses 100 ($13M) Net assets 100 ($5.4M)2018 Revenue 101 ($13M) Expenses 104 ($13M) Net assets 107 ($5.8M)2019 Revenue 100 ($13M) Expenses 101 ($13M) Net assets 124 ($6.7M)2020 Revenue 91 ($12M) Expenses 99 ($12M) Net assets 117 ($6.4M)2021 Revenue 85 ($11M) Expenses 80 ($10M) Net assets 165 ($9.0M)2022 Revenue 90 ($12M) Expenses 85 ($11M) Net assets 127 ($6.9M)2023 Revenue 86 ($11M) Expenses 96 ($12M) Net assets 123 ($6.7M)2024 Revenue 84 ($11M) Expenses 99 ($12M) Net assets 116 ($6.3M)2025 Revenue 91 ($12M) Expenses 105 ($13M) Net assets 105 ($5.7M)
'17'18'19'20'21'22'23'24'25
Revenue (91)Expenses (105)Net assets (105)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $11M to $14M (+27%).

$11M
$11M
$12M
$11M
$14M
$15M
$15M
$15M
$14M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.

5% of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$615k
’17
$290k
’18
$493k
’19
−$458k
’20
$1.2M
’21
$1.1M
’22
−$695k
’23
−$1.3M
’24
−$1.2M
’25
1.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Lee C Vermeulen Jr

EVP & CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed242223222323232324
Joined·+4+6+6+6+0+10+6+6
No longer listed·657501065
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $6k → $71k.

Left out of every figure on this page: $110k from one payer (the payer shares this organization's board, largest American Foundation for Pharmaceutical Education). These are real filings, and they are not money AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY raised.

From the IRS filings of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY leans on a few funders — its largest provides 59% of grant income and the top three 88%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

34% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY.

59%
largest funder
88%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 83% · 2021 82% · 2022 55% · 2023 30% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY draws 82% of its grant income from funders outside Virginia, across 6 states in all.

WA
IL
RI
VA
MD
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY is better cushioned than half of the 2,843 health nonprofits its size.

Operating margin−10% · bottom quartile
Months of reserve1.9mo · above the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Organizations like AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 23%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY?
AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY (Virginia) receives grants from 6 organizations whose IRS filings report $766,644 to it, the largest being CVS FOUNDATION ($453,600). 4 of them have funded it in more than one year.
How many funders does AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY have?
IRS filings report 6 organizations giving $766,644 in grants to AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY, 4 of which have funded it in more than one year.
Who is the largest funder of AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY?
CVS FOUNDATION is the largest funder on record, with $453,600 in grants. The full list of funders is on this page.
How can an organization like AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing