Academy of Managed Care Pharmacy Foundation-A New Jersey Nonprofit
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 71 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To strengthen managed care pharmacy by investing in future-focused research and inspiring the next generation to improve patient health.
- Income
- $990,447
- Spending
- $1.2 million
- Spent on programs
- 69%
- Reserves
- 6.5 months of spending
- Largest source of income
- fees for its services, 83%
- Employees
- 0
- Volunteers
- 113
- Highest pay
- $971,276, ceo, chair of the board of trustees
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 15% of charities in its peer group (health care, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 6.5 months of spending.
Debt
5 of 20It owes 62% of what it owns.
Living within its means
0 of 15Spending exceeded income by 19% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
0 of 1569% of spending went to programs and raising each dollar of donations cost 71 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 85% of charities in its peer group (health care, $250k to $1m).
Independent board
25 of 258 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $504,233 spent. Through AMCP Foundation's immersive internships, student pharmacists gain knowledge of health plans, pharmacy benefit management companies, employer sites, the biopharmaceutical industry, non-profit organizations, and other groups. In 2024, eleven student pharmacists completed internships ranging from 10 weeks to 6 months in partnership with the AMCP Foundation and grantor companies. These emerging leaders learned managed care pharmacy concepts such as health equity, formularies, benefit design, medication therapy management, and adherence. All interns completed a capstone research project, which introduced them to evidence-based decision-making methodologies and principles of health outcomes and pharmacoeconomics.
- $149,309 spent. Symposium: The 2024 AMCP Foundation Symposium convened diverse health care stakeholders to explore strategies toimprove medication use and outcomes for underserved populations. Through a combination of plenary sessions, working breakout discussions, and collaborative solution-capturing, participants examined critical challenges and identified actionable strategies to reduce disparities. A key outcome of the symposium is theBlueprint for Action, a document that outlines concrete steps for stakeholders to address systemic medication access, affordability, and adherence issues.
- $97,376 spent. Emerging Trends: AMCP Foundation's Emerging Trends Initiative leverages robust survey data and expert perspectives to outline key developments within the broader health care landscape that are likely to significantly impact managed care pharmacy. In 2024, the initiative highlighted future trends across information technology, therapeutics and diagnostics, payment models, pharmacy operations, and public policy verticals. The findings were published in The Journal of Managed Care + Specialty Pharmacy (JMCP) and used to facilitate discussions between health care stakeholders, focusing on providing opportunities to collaborate on solutions.
- $56,609 spent. P&T Competition: AMCP Foundation's National Pharmacy & Therapeutics (P&T) Competition attracted 47 schools and colleges of pharmacy. Teams of student pharmacists analyzed a case study involving a drug product dossier, requiring the evaluation of research and the completion of a monograph along with additional components. Five teams were selected to compete in live presentations held at the AMCP Annual Meeting, where they presented to a panel of judges representing a P&T committee. The goal, in this annual competition, is to provide student pharmacists with a firsthand view into the complex practice of managing a formulary and an opportunity to gather and critically analyze scientific, clinical, and economic evidence in a systematic and rigorous fashion.
- PGY-1: The PGY-1 Managed Care Pharmacy Residency, a partnership between a health plan and the AMCP Foundation, provides early-career pharmacists with hands-on experience that combines clinical training with national-level engagement. In 2024, two residents completed a four-week rotation at AMCP/AMCP Foundation headquarters, where they deepened their understanding of how the organizations engage stakeholders to advance best practices through initiatives like the managed care pharmacy workforce survey, Patient Voice Initiative, and Precision Medicine Initiative. Residents gained insight into grant development, CPE accreditation, legislative priorities, and the policymaking process, while also exploring strategic planning across various organizational structures. The rotation equips participants with the knowledge and skills to become future leaders in managed care pharmacy.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.