Alabama Pharmacy Association
Alabama Pharmacy Association is a private foundation, based in MONTGOMERY, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$340K
+9.9% YoY
Annual Giving
$10K
+0.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$5K
+0.0% YoY
Under IRS private-foundation payout rules, Alabama Pharmacy Association reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Alabama Pharmacy Association
Based on IRS filings
Alabama Pharmacy Association is a private foundation, based in MONTGOMERY, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $340K in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $4K.
Ready to take the next step with Alabama Pharmacy Association?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $340,194 | $309,639 | $259,342 |
| Revenue | $29,558 | $50,212 | $26,186 |
| Expenses | $14,237 | $12,309 | $10,272 |
| Qualifying Distributions | $10,000 | $10,000 | $7,500 |
| Net Investment Income | $4,035 | $3,036 | $1,823 |
| Distributable Amount | $15,946 | $13,969 | $12,555 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Samford University ($5,000), Auburn University ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAMFORD UNIVERSITY HOMEWOOD, AL | PHARMACY SCHOLARSHIPS | $5,000 |
| AUBURN UNIVERSITY AUBURN, AL | PHARMACY SCHOLARSHIPS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTY GARMON | CHAIRPERSON | — | — |
| DARRELL CRAVEN | BOARD MEMBER | — | — |
| AUDREY NEWTON | BOARD MEMBER | — | — |
| DAN MCCONAGHY | SECRETARY/TR | — | — |
| STACY GILES | BOARD MEMBER | — | — |
Frequently Asked Questions
How large is Alabama Pharmacy Association?
As of 2024, Alabama Pharmacy Association holds $340K in total assets with $30K in annual revenue. It awarded 2 grants totaling $10K in 2024.
Where does Alabama Pharmacy Association operate?
Alabama Pharmacy Association has awarded grants in Alabama.
What size grants does Alabama Pharmacy Association award?
In 2024, Alabama Pharmacy Association awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Alabama Pharmacy Association required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alabama Pharmacy Association reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alabama Pharmacy Association's EIN?
Alabama Pharmacy Association's EIN (Employer Identification Number) is 63-6049895. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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