EIN 23-7033369

ASHP Research and Education Foundation (ASHP)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1968
Most recent tax filings
2022-05-01
NTEE code, primary
Description
The ASHP Research and Education Foundation is the philanthropical arm of ASHP, the national professional organization representing pharmacists practicing in acute and ambulatory settings.
Related structure
ASHP is a subordinate organization under American Society of Health-System Pharmacists (ASHP).
Also known as...
Ashp Foundation; American Society of Health-System Pharmacists Research and Education FDTN
Total revenues
$3,253,731
2022
Total expenses
$2,747,285
2022
Total assets
$13,385,213
2022
Num. employees
0
2022

Program areas at ASHP

Excellence in Pharmacy Practice & Leadership Development: Recognize and promote efforts that foster excellence and growth of health-system pharmacy. ASHP Student Leadership Awards: This program, funded through the David A. Zilz Fund, is administered by the ASHP Pharmacy Student Forum in collaboration with the ASHP Foundation. Nine students who demonstrate high academic achievement, exceptional interest in health-system pharmacy practice, and outstanding leadership skills were recognized. The awardees received a plaque, a $2,000 award and an ASHP drug information library. Each awardee submitted a plan to raise student awareness of the ASHP Practice Advancement Initiative. Awardees will be surveyed to collect information on implementation and outcomes of their plan. Pharmacy Residency Excellence Awards Program: The 2021 Pharmacy Residency Excellence Awards Program was supported by Amgen, Inc and Samson Medical Technologies. This unique award recognizes excellence and leadership in the training and mentoring of pharmacy residents. The Pharmacy Residency Excellence Awards Program recognizes a preceptor, new preceptor and program. The objectives of this program are to: 1) recognize the achievements of residency programs and pharmacists who have demonstrated excellence and leadership in the training of pharmacy residents and 2) widely disseminate the results of these accomplishments to foster innovations in pharmacy resident training. Each awardee will also present an educational webinar on a resident professional development topic that continuing education credits. The webinars are recorded and made available for on-demand access. Literature Awards Program: The ASHP Foundation Literature Awards program recognizes important contributions to the biomedical literature by pharmacists. This program, administered by the ASHP Foundation since 1971, is based on the concept that recognition through awards stimulates research and innovation and fosters improvement in the quality of the evidence. Awardees are recognized at the ASHP Midyear Clinical Meeting. Pain and Palliative Care Traineeship Program: The Pain and Palliative Care Traineeship included access to the ASHP Pain Management Certificate and live case-based webinars, an experiential training component, and a post-traineeship project component, which was supported through participant tuition in FY20. Due to COVID19, experiential training for all participants was postponed. Four pharmacists completed their experiential training in FY22. Two completed it with The University of Maryland, one completed it at The Johns Hopkins Hospitals and one completed it at The University of Iowa Hospitals and Clinics. Pharmacy Residency Expansion Program: In FY22, the ASHP Foundation, supported by an educational donation from Merck, awarded $75,000 dollars in grants to PGY-1 and PGY-2 pharmacy residency programs to increase the number of available training positions. Pharmacy Student Clinical Skills Competition Program: Lauren Campisi & Yumi Oh, Auburn University Harrison School of Pharmacy competed in a virtual competition for the 2021 ASHP National Clinical Skills CompetitionSM, and were awarded in December 2021, during the ASHP Midyear Clinical Meeting (virtual). The Foundation has sponsored the Pharmacy Student Clinical Skills Competition (CSC) at the ASHP Midyear Clinical Meeting 16 years. Teams who won preliminary competitions at their local pharmacy school participated in the competition. During the CSC, students demonstrate their skills by assessing patient information and current therapy, identifying and prioritizing drug therapy problems, identifying treatment goals, and recommending a pharmacist care plan. Medication Safety Scholars Program: ASHP Foundation in partnership with Emily Jerry Foundation and the ASHP Student Forum selected participants for the Medication Safety Scholars program. The program is a distance impact program structured to support five P2 and P3 Doctor of Pharmacy students, paired with one group coach, to enhance their knowledge and skills in medication safety. Thirty applications were received and reviewed by volunteers from the ASHP Medication Safety Section Advisory Group. Visiting Leaders Program (VLP): The Visiting Leaders program, with support from the David A. Zilz Leaders for the Future Fund, had another successful year. Nine leaders were involved in 25 residency visits, reaching residents, in FY22. Due to COVID-19, there were a mix of onsite and virtual visits. Pharmacy Leadership Academy (PLA): The PLA, supported in part by a grant from Apexis, is an online education program designed to provide comprehensive leadership education to pharmacists and pharmacy technicians. The PLA class in FY22 consisted of 116 participants, who also remitted tuition and were enrolled in the program from July 2021 - June 2022. The number of graduates from this class brings the total number of PLA graduates to 1060 pharmacists. Student Leadership Development Workshop: The 3-hour Leadership Development Workshop for pharmacy students is conducted annually at the ASHP Summer Meetings. State affiliates have taken advantage of the program to engage students at their annual meetings. No workshops were scheduled in FY22. William A. Zellmer Leadership Lecture: Where Practice Meets Policy: This annual luncheon-lecture event, hosted by ASHP in partnership with the ASHP Foundation, is designed to honor the distinguished 40-year ASHP career of William A. Zellmer and is supported by donors to the ASHP Foundation's William Zellmer Fund. Rita Shane was awarded in a virtual ceremony in October 2021, so no travel expenses were incurred or remitted in FY22.
The Ashp Foundation corporate partners program is a strategic partnership between the Ashp Foundation, Ashp, and corporations which promotes medication safety and improvements in patient care. The program offers a robust menu of sponsorship levels and benefits for companies, focused on collaboration, recognition, and informational opportunities. There are four sponsorship levels and a-la-carte opportunities to better meet business objectives. Corporate partners program sponsorship is on an annual basis. With the generous support of corporate partners, the Ashp Foundation invests in Research, awards, Education, and leadership development that advances the pharmacy profession and ensures the safe, effective, and optimal use of medications.
Innovative Research: Support health services research that foster innovation in pharmacy practice, which promotes the optimal, safe and effective use of medication. Pharmacy Practice Advancement Demonstration Grant (PAI): This grant previously awarded funding up to $75,000 split into three (3) separate payments for demonstration projects related to advancing pharmacy practice and improving outcomes. The grant period for this program is 24 months with the possibility for grantees to request an extension up to one year. Tracking progress reports and final grant payments of previous year's recipients took place in FY22. American Foundation for Pharmaceutical Education (AFPE) Pre-Doctoral Fellowship The ASHP Foundation provided annual funding of $10,000 for the AFPE Pre-Doctoral Fellowship program. Radio Frequency Identification (RFID) Initiative: In alignment with the ASHP Innovation Center and through support from Fresenius Kabi, the ASHP Foundation released the RFID research report, which delved into practice gaps, opportunities and challenges for expanding RFID technology in healthcare. A live webinar to discuss the report was conducted by advisory committee members in Spring 2022 and recorded for on-demand access. An RFID demonstration grant was launched in FY22 - no grantees were recommended for funding from the external review process. Sponsor was notified that no grantees were going to be awarded and approved reopening the program application cycle in FY23. Patient Medication Education: In collaboration with phactMI, the Foundation conducted a survey of ASHP members to understand the role, systems and processes, resource needs related to medication education to optimize patient care and outcomes. PhactMI conducted a survey to the public to understand patient education needs and preferences. Results were highlighted in a 2021 ASHP Midyear educational session. A manuscript of all results is still in development. Pharmacy Leadership Scholars: The ASHP Foundation launched a new research grant program with corporate support from Chiesi. The Pharmacy Leadership Scholars program is a research grant program providing funding for projects focused on DEI conducted by early-stage pharmacists. In addition to providing up to $10,000 in grant funding per recipient, the program's goal is to enhance the leadership and research skills of recipients and to provide a network of pharmacists positioned to lead for equity. The selected participants participated in an online impact collaborative consisting of four education modules with a focus on leadership development and DEI. Fifteen proposals were received and advanced for review by an external panel in FY21 and five grants were awarded in FY22. Collaborative Care Grant for Nurses and Pharmacists: Created in partnership by the ASHP Foundation and the American Nurses Foundation, this grant program aims to stimulate patient-centered interprofessional health services research that demonstrates meaningful outcomes. The application launched in FY21 in order to select recipients of research grant funding up to $75,000. Fifteen proposals were received and advanced for review by an external pane and one research team was awarded in FY22. Biosimilars Project: In collaboration with ASHP, the Foundation initiated a research project to explore the opportunities and barriers related to implementing biosimilars in practice. Amgen sponsored the project providing $126,800 to the Foundation, of which $58,800 was budgeted for the research and report to be conducted by the Foundation and $68,000 was budgeted for the dissemination activities to be done by ASHP under the Advantage brand. The Foundation convened an advisory panel of experts, including pharmacists, a physician and payer representation and engaged an interprofessional research panel in virtual qualitative research using the Canvas system. The work of the virtual research panel was completed in FY22 and the advisory panel began creating the report of the findings that was completed in summer, FY23. MUE Project: Development of a medication-use evaluation (MUE) template for andexanet alfa in the reversal of anticoagulation with factor Xa inhibitors: The Foundation initiated a project to create an MUE template for andexanet. The project was funded by Alexion for $95,900. The Foundation engaged a contractor and a medical writer and then convened content matter experts to develop the MUE template using the newly published AJHP MUE guidelines. The deliverables of the project included: the MUE template with implementation strategies and a manuscript to be submitted to AJHP for first right of refusal. Work on the deliverables was not completed in FY22 and continued into FY23, as planned. Specialty Pharmacy Grant: Planning for a new grant to be administered by the Foundation in close consultation with the ASHP Section of Specialty Pharmacy Practitioners was initiated with a survey to registrants of the ASHP Specialty Pharmacy Conference held virtually, July 14-16 2021. Results and input from ASHP and other key stakeholders led to the creation of a grant program focused on specialty pharmacy services for patients being treated for rheumatoid arthritis. The program was designed to be a grant plus cohort engagement with elevated visibility for the grantees to present their results at an ASHP national meeting. Funding for the grant program was ear-marked from excess funds raised by the Foundation to support the ASHP Specialty Pharmacy Summit held in FY21. The grant program was approved the Foundation Board of Directors and opened for submissions January - March, 2021. Five grantees were approved for funding of $5,000 each, in May, 2022. Pharmacy Resident Practice-Based Research Grant Program: This grant program is funded through the ASHP member dues contribution to the Foundation. A six-member external peer review panel recommended awarding 8 grants up to $5,000. One grant was declined because IRB could not be received in time. Funding is distributed upon receipt of IRB-approval, resulting in distribution of grant funds for only 7 recipients in FY22. New Practitioner Pharmacist Leadership Development Research Grant Program: Funded through the Marianne F. Ivey Leadership Development Fund, awards New Practitioner Pharmacists to support research on leadership competency development or to create education, resources and tools to support leadership development. Grant recipients were selected in FY21 for grants up to $5,000 each. Funding is distributed upon receipt of IRB-approval, resulting in distribution of grant funds in FY21 and FY22. Grantees also participated in a virtual Impact Collaborative, consisting of modules that provide educational content and the opportunity to discuss the progress of their projects. The 2021-2022 application cycle was not opened in FY22. Optimizing Technology Solutions Innovation Grant: Seventeen full applications were reviewed by an external panel in order to distribute funding to grantees in FY22. Created in partnership with the ASHP Innovation Center and supported by a generous donation from Omnicell to the ASHP Foundation, each grantee was awarded up to $30,000. Research Advisory Council: In FY22, ASHP Foundation Board of Directors reappointed five members to the Research Advisory Council (RAC) and appointed to seven new members following an open call. The RAC convened in-person in April and virtually throughout the year to review and update the research agenda framework of Core Principles and Priority Research Areas that align with the Foundation's mission and ASHP's major priorities and are at the forefront of the national healthcare agenda. In addition they identified and prioritized ideas to raise awareness of researcher careers and support researcher development. New activities were planned for FY23. Pharmacy Forecast Report 2022: The 2022 Pharmacy Forecast Report was supported by a grant from Omnicell, Inc., to the ASHP Foundation's David A. Zilz Leaders for the Future Fund and was published in AJHP in the January 15, 2022 issue. The distribution of the Forecast Report in AJHP ensured that it was made available to all 60,000 ASHP members. It was published electronically in December 2021 and previewed during an educational session at the 2021 ASHP Midyear Clinical Meeting. The report generated authoritative, actionable strategic recommendations to enhance the effectiveness of leaders in hospital and health-system pharmacy.

Grants made by ASHP

GranteeGrant descriptionAmount
University of PittsburghAmerican Nurses Foundation Grant & Pharmacy Leadership Scholars Grant$47,339
Regents of the University of California / University of CaliforniaResident Expansion Grant & Pharmacy Leadership Scholars Grant$35,000
University of Georgia Research FoundationOptimizing Technology Innovation Grant$30,000
...and 7 more grants made

Who funds ASHP Research and Education Foundation (ASHP)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Society of Health-System Pharmacists (ASHP)The Grant Is Provided To Help Fund General Operating and Program Expenses$363,500
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$50,000
Tighe FoundationIn Furtherance of Their Exempt Purposes$5,000
...and 1 more grant received

Personnel at ASHP

NameTitleCompensation
Steven ASecretary and Ashp Foundation Chief Executive Officer / Secretary and Ashp Ref Chief Executive Officer$355,886
Martha CrewsVice President - Development$123,180
Barbara NussabaumVice President - Research and Education / Vice President for Research and Education$178,354
Stephanie BrownDirector - Foundation Operations / Director , Foundation Operations / Director of Programs$118,169
John T TigheVice Chair / Director at Large$0
...and 8 more key personnel

Financials for ASHP

RevenuesFYE 05/2022
Total grants, contributions, etc.$1,421,259
Program services$1,380,758
Investment income and dividends$446,440
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,274
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,253,731

Form 990s for ASHP

Fiscal year endingDate received by IRSFormPDF link
2021-052022-03-25990View PDF
2020-052021-04-14990View PDF
2019-052020-10-22990View PDF
2018-052019-05-14990View PDF
2017-052018-04-10990View PDF
...and 7 more Form 990s
Data update history
May 27, 2023
Used new vendors
Identified 1 new vendor, including
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $358,750 from American Society of Health-System Pharmacists (ASHP)
November 14, 2022
Posted financials
Added Form 990 for fiscal year 2021
November 9, 2022
Used new vendors
Identified 1 new vendor, including
October 3, 2021
Received grants
Identified 1 new grant, including a grant for $357,100 from American Society of Health-System Pharmacists (ASHP)
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
HealthReligion
Characteristics
ReligiousConducts researchEndowed supportGala fundraisersTax deductible donationsNo full-time employees
General information
Address
4500 East-West Hwy 900
Bethesda, MD 20814
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Website URL
ashpfoundation.org/ 
Phone
(301) 664-8612
Twitter profile
@ashpfoundation 
IRS details
EIN
23-7033369
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X00: Religion: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
Free account sign-up

Want updates when ASHP has new information, or want to find more organizations like ASHP Research and Education Foundation (ASHP)?

Create free Cause IQ account