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Virginia · Nonprofit

NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC

NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC (Virginia) receives grants from 1 organization whose IRS filings report $50,000 to it, the largest being RITE AID HEALTHY FUTURES ($50,000). 0 of them have funded it in more than one year.

Revenue FY2024
$1.8M
Funders on record
1
Grants received
$50k
Net assets
$9.2M
0/1 repeat funders
01What it does

What National Association of Chain Drug Stores Foundation Inc does

Mission

Enhanced engagement in ground-breaking research and educational initiatives that benefit patients, improves outcomes, and advances public health.

As stated on its FY2024 Form 990.

Programs

  1. 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 8 research grants in 2023.

    $712,908 spentof which $696,907 as grants
    56% of program spending
  2. 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. 33 U.S. based and ACPE accredited pharmacy schools were provided awards in 2023.The Foundation also offers educational programs and resources for pharmacists, pharmacy schools, and communities on public health issues.

    $225,002 spentof which $160,000 as grants$90,000 earned by the program
    18% of program spending
  3. 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.

    $189,585 spent
    15% of program spending
  4. OTHER PROGRAM SERVICES 4: 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. OTHER PROGRAM SERVICES 5: 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.

    $140,390 spentof which $110,000 as grants
    11% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,267,885.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($1.9M) Expenses 100 ($1.8M) Net assets 100 ($8.9M)2019 Revenue 97 ($1.9M) Expenses 126 ($2.3M) Net assets 109 ($9.6M)2020 Revenue 50 ($970k) Expenses 107 ($1.9M) Net assets 105 ($9.3M)2021 Revenue 125 ($2.4M) Expenses 63 ($1.1M) Net assets 119 ($11M)2022 Revenue 79 ($1.5M) Expenses 79 ($1.4M) Net assets 98 ($8.7M)2023 Revenue 44 ($845k) Expenses 81 ($1.4M) Net assets 102 ($9.1M)2024 Revenue 92 ($1.8M) Expenses 114 ($2.0M) Net assets 104 ($9.2M)
2018201920202021202220232024
Revenue (92)Expenses (114)Net assets (104)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 2021 to 2022, from $11M to $9.1M (−15%).

$9.4M
$10M
$9.9M
$11M
$9.1M
$9.2M
$9.4M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

71% of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$143k
’18
−$376k
’19
−$928k
’20
$1.3M
’21
$113k
’22
−$593k
’23
−$248k
’24
1.7
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.

Board chair

Steven C Anderson FASAE CAE

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed27282827282832
Joined·+2+0+11+10+6+12
No longer listed·1012968
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'17
total
$50k
funders
1

From the IRS filings of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC’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.

Where its funders are

NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC draws 100% of its grant income from funders outside Virginia, across 1 state in all.

PA

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

NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC receives grants from 1 organization whose IRS filings report $50k to it.

Operating margin−14% · bottom quartile
Months of reserve1.7mo · bottom quartile
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC

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

91% of spending goes to programs.

Program 91%Management 8%Fundraising 1%

Governance

26
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 37 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
OH
PA
NJ
CT
RI
CA
UT
CO
MO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
OK
MS
AL
GA
FL

Part of a family of 2 related entities

  • National Assn Chain Drug Stores Inc · exempt
  • Nacds Political Action Committe · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC: 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 NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC?
NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC (Virginia) receives grants from 1 organization whose IRS filings report $50,000 to it, the largest being RITE AID HEALTHY FUTURES ($50,000). 0 of them have funded it in more than one year.
How many funders does NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC have?
IRS filings report 1 organization giving $50,000 in grants to NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC.
Who is the largest funder of NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC?
RITE AID HEALTHY FUTURES is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL ASSOCIATION OF CHAIN DRUG STORES FOUNDATION INC 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 FY2024 (financials across 2018–2024), and the filings of 1 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