The North Carolina Pharmaceutical Association Endowment Fund Inc

Public charity · Grantmaker Graham, NC EIN: 56-1652001

To provide for the administration and investment of designated funds, to foster and maintain the honor and integrity of the pharmaceutical profession, to promote and elevate the standards of pharmaceutical education, and to provide support to the North Carolina association of pharmacists to aid in achieving charitable, scientific, literary and educational goals.

Key facts about The North Carolina Pharmaceutical Association Endowment Fund Inc

In short: The North Carolina Pharmaceutical Association Endowment Fund Inc gave $300K across 1 grant in 2024 (avg $300K), mostly in North Carolina. Source: 2024 IRS Form 990.

EIN
56-1652001
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$300,000
Grants made (2024)
1
Average grant
$300,000
Median grant
$300,000
Total assets
$2,802,095
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$2.8M

-3.4% YoY

Annual Giving

$300K

+100.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$300K

+100.0% YoY

How The North Carolina Pharmaceutical Association Endowment Fund Inc gives

  • Giving grew 100% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About The North Carolina Pharmaceutical Association Endowment Fund Inc

Based on IRS filings

The North Carolina Pharmaceutical Association Endowment Fund Inc is a public charity, based in Graham, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 1 grant totaling $300K. Net investment income was $90K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

DurhamGraham

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $75K (2022) to $300K (2024). In 2024 it made 1 grant totaling $300K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

North Carolina Association of Pharmacists: $300KNorth Carolina Association ofPharmacists$300K

The largest 2024 recipient was North Carolina Association of Pharmacists ($300K).

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 5 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
North Carolina Association of Pharmacists Graham, NCEducation Programs$300,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,802,095$2,899,969$2,761,431
Revenue$89,711$95,804$-30,314
Expenses$329,841$181,029$109,690
Net Investment Income$89,711$95,804$-30,314

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 14, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The North Carolina Pharmaceutical Association Endowment Fund Inc is led by W. Keith Elmore, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • W. Keith Elmore

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • J. Frank Burton

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jimmy S. Jackson

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ouita Gatton

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bob Granko

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tom Dandrea

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Mitchell W. Watts

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stephen C. Dedrick

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Matthew Kelm (2021–2023) — Director
  • Former: Albert F. Lockamy (2020–2022) — Director
  • Former: Beth Mills (2020–2022) — Director
  • Former: David Phillips (2020–2021) — Director
  • Former: Debra Kemp (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The North Carolina Pharmaceutical Association Endowment Fund Inc

How much does The North Carolina Pharmaceutical Association Endowment Fund Inc give each year?

The North Carolina Pharmaceutical Association Endowment Fund Inc gave $300K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $150K across 1 grant.

How large is The North Carolina Pharmaceutical Association Endowment Fund Inc?

The North Carolina Pharmaceutical Association Endowment Fund Inc reported $2.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $90K.

Where does The North Carolina Pharmaceutical Association Endowment Fund Inc operate?

The North Carolina Pharmaceutical Association Endowment Fund Inc has awarded grants in North Carolina.

What is The North Carolina Pharmaceutical Association Endowment Fund Inc's EIN?

The North Carolina Pharmaceutical Association Endowment Fund Inc's EIN (Employer Identification Number) is 56-1652001. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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