Ifpw Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Supports organizations and initiatives that improve the availability of vaccines, medicines and other healthcare products to those in need worldwide through a variety of educational and charitable activities, including those focused on pharmaceutical supply chain improvements.
- Income
- $417,201
- Spending
- $365,286
- Spent on programs
- 85%
- Reserves
- 0.2 months of spending
- Largest source of income
- fees for its services, 76%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 51 out of 100. Higher than 11% of charities in its peer group (philanthropy, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.2 months of spending.
Debt
2 of 20It owes 96% of what it owns.
Living within its means
15 of 15Income exceeded spending by 12% of income.
Income trend
15 of 15Income rose 57% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 72 out of 100. Higher than 47% of charities in its peer group (philanthropy, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no 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
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed 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, 2025, 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 (3)
- $287,200 spent. Provides strategic consultation and implementation support to GAVI Alliance, Global Fund, and other donors for the implementation of an executive leadership program, STEP 2.0 Leadership, which provides online and face-to-face training to public health supply chain managers and personnel to help them improve efficiency and performance. Courses are focused on donors' priority countries and were offered in sub-Saharan Africa, the Middle East, and Southeast Asia.
- $23,645 spent. Supports Fight the Fakes Alliance, a Swiss association, in raising awareness around the issue of counterfeit, falsified, and substandard medicines and the dangers they pose to patients worldwide. Financial dues are paid which allows a related organization, International Federation of Pharmaceutical Wholesalers, Inc. (IFPW), to serve on the Executive Board of the association and provide strategic direction to the Alliance's programs and efforts. Dues also support the Secretariat, whose functions are performed by a public affairs agency located in Geneva.
- Support the African Pharmaceutical Distribution Association (APDA), based in Morocco, to help this pan-African group realize its potential to serve as a strong platform for information exchanges and the development of the private sector for medicines on the Continent. As it is further established, APDA will advocate for improvements in access to medicines, safer and more secure medicines supply chains, to increase localized manufacturing and for greater public-private partnerships in healthcare systems. IFPW Foundation serves as an Advisor to the APDA Board and its various Committees. It also leverages the experiences and resources of IFPW-member companies that are willing to help strengthen African markets.
Source: Form 990 for the year ending December 31, 2025, 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 September 7, 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 September 30, 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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.