EIN 52-6063009

Pharmaceutical Research and Manufacturers of America Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1965
Most recent tax filings
2022-12-01
Description
To support young scientists in disciplines important to the pharmaceutical industry by awarding them competitive research fellowships and grants at a critical decision point at the outset of their careers.
Also known as...
Pharmaceutical Research and Manufacturers of America FND; Phrma Foundation
Total revenues
$3,902,642
2022
Total expenses
$4,077,991
2022
Total assets
$22,787,225
2022
Num. employees
3
2022

Program areas at Pharmaceutical Research and Manufacturers of America Foundation

Drug discovery - the program considers the process through which potential new medicines are identified. The evolving process of drug discovery should include innovative culture-based and animal-based efforts that embrace new cutting-edge technology. The awards provide stipend support for individuals engaged in a multidisciplinary Research training program that will create for extend their credentials and provide new skills.
Drug delivery - the program emphasizes the quantitative understanding and use of the principles underlying drug transport, route of administration, formulation composition, technology development and manufacturing/engineering aspects intended to improve drug product safety and efficacy, including patient compliance.
Value assessment - initiative to develop strategies to better assess the value of medicines and health care services while improving patient outcomes and reducing inefficiency in health care.

Grants made by Pharmaceutical Research and Manufacturers of America Foundation

GranteeGrant descriptionAmount
American Foundation for Pharmaceutical EducationAfpe Pre Doctoral Fellowship$11,000
Sick CellsVaca Challenge Award$7,500
The Tower Foundation of San Jose State UniversityVaca Challenge Award$7,500
...and 1 more grant made

Personnel at Pharmaceutical Research and Manufacturers of America Foundation

NameTitleCompensation
Eileen CannonPresident / Executive Director$534,005
Joanne WestphalHead of Operations$163,455
Emily OrtmanHead of Communications$106,642
Iris Loew-FriedrichTreasurer , Phrma Foundation$0
Andrew PlumpChair , Phrma Foundation$0
...and 3 more key personnel

Financials for Pharmaceutical Research and Manufacturers of America Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,535,607
Program services$0
Investment income and dividends$460,897
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-93,862
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,902,642

Form 990s for Pharmaceutical Research and Manufacturers of America Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-12990View PDF
2021-122022-09-08990View PDF
2020-122021-05-21990View PDF
2019-122020-10-13990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s
Data update history
November 9, 2023
Updated personnel
Identified 1 new personnel
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Updated personnel
Identified 3 new personnel
August 19, 2023
Used new vendors
Identified 2 new vendors, including , and
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsMedical research organizationsCharities
Issues
Health
Characteristics
Conducts researchNational levelTax deductible donations
General information
Address
950 F St Suite 300
Washington, DC 20004
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
phrmafoundation.org/ 
Phone
(202) 572-7756
Facebook page
PhRMAFoundation 
Twitter profile
@phrmafoundation 
IRS details
EIN
52-6063009
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1965
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H90: Medical Specialty Research
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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