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National Association of Chain Drug Stores Foundation

EIN 51-0144922 · Arlington, VA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood89 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ENHANCED ENGAGEMENT IN GROUND-BREAKING RESEARCH AND EDUCATIONAL INITIATIVES THAT BENEFIT PATIENTS, IMPROVES OUTCOMES, AND ADVANCES PUBLIC HEALTH.

Income
$1.8 million
Spending
$2.0 million
Spent on programs
91%
Reserves
48.9 months of spending
Largest source of income
donations and private grants, 71%
Employees
0
Volunteers
25
Highest pay
$3.1 million, chairman

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

Good: 89 out of 100. Higher than 75% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 48.9 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 14% of income.

  • Income trend

    15 of 15

    Income rose 110% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 2 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 62% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    25 of 25

    25 of 26 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $1.1 million spent. 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 7 RESEARCH GRANTS IN 2024.
  2. $260,470 spent. 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. 34 U.S. BASED AND ACPE ACCREDITED PHARMACY SCHOOLS WERE PROVIDED AWARDS IN 2024.THE FOUNDATION ALSO OFFERS EDUCATIONAL PROGRAMS AND RESOURCES FOR PHARMACISTS, PHARMACY SCHOOLS, AND COMMUNITIES ON PUBLIC HEALTH ISSUES.
  3. $211,041 spent. 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.
  4. $140,000 spent. CHARITABLE OUTREACH: THE NACDS FOUNDATION REMAINS STEADFAST IN ITS COMMITMENT TO STRATEGIC FUNDING OF CHARITABLE ORGANIZATIONS WITH COLLABORATIVE AND PUBLIC HEALTH FOCUSED MISSIONS THAT AIM TO ADVANCE HEALTHCARE ACCESS, OUTCOMES, AND EQUITY. IN 2024, THE NACDS FOUNDATION PROVIDED SUPPORT TO 8 CHARITABLE ORGANIZATIONS.
  5. $153,302 spent. 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.PROGRAM AWARENESS CAMPAIGN

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

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2006.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: National Association of Chain Drug Stores Inc (Arlington, VA), EIN 13-5582579. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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.