EIN 22-3107061

Amcp Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1990
Most recent tax filings
2023-12-01
Description
Amcp Foundation invests in research and internships to strengthen managed care pharmacy, improve patient health, and inspire the next generation.
Related structure
Amcp Foundation is a subordinate organization under Academy of Managed Care Pharmacy (AMCP).
Also known as...
Academy of Managed Care Pharmacy Foundation
Total revenues
$795,212
2023
Total expenses
$934,002
2023
Total assets
$1,710,169
2023
Num. employees
0
2023

Program areas at Amcp Foundation

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 2023, fourteen student pharmacists completed 10-12 week internships in partnership with the Amcp Foundation and grantor companies. These future leaders learned about population health and 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.
Web tools: Amcp Foundation's web tools are designed for patients and providers to develop and cultivate knowledge, confidence and practical skills related to biosimilars. The web tools are also developed to support frontline clinical teams to leverage strategies related to biosimilars in practice-based strategies.
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 a firsthand view into the complex practice of managing a formulary and an opportunity to hone a variety of essential skills.

Who funds Amcp Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Academy of Managed Care Pharmacy (AMCP)To Show Support for Amcpf Operationally$11,165

Financials for Amcp Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$106,736
Program services$647,522
Investment income and dividends$42,970
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,016
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$795,212
Data update history
January 25, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 11, 2025
Received grants
Identified 1 new grant, including a grant for $11,165 from Academy of Managed Care Pharmacy (AMCP)
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $19,565 from Academy of Managed Care Pharmacy (AMCP)
December 23, 2023
Updated personnel
Identified 3 new personnel
December 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsHealth organizationsChapter / child organizationsCharities
Issues
Health
Characteristics
National levelManagement and technical assistanceFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
675 N Washington St 220
Alexandria, VA 22314
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Alexandria city, VA
Website URL
amcpfoundation.org/ 
Phone
(703) 684-2600
IRS details
EIN
22-3107061
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E02: Health Care Management and Technical Assistance
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0202516
FTB Entity ID
4012898
AB 488 data last updated ("as-of") date
2025-09-18
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