The Pharmacy Network Foundation Inc
RALEIGH, NC EIN: 56-1690027
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$15.7M
+3.5% YoY
Annual Giving
$780K
+12.2% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$98K
-1.8% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,660,342 | $15,129,404 | $14,545,257 |
| Revenue | $711,739 | $132,351 | $801,963 |
| Expenses | $1,094,224 | $984,547 | $1,153,164 |
| Qualifying Distributions | $858,432 | $767,268 | $885,109 |
| Net Investment Income | $456,979 | $190,853 | $564,136 |
| Distributable Amount | $777,447 | $739,836 | $765,764 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Pharmacy Network Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MITCHELL W WATTS | PRESIDENT | 2 | $40,800 |
| JIMMY S JACKSON | SECRETARY | 2 | $40,800 |
| J ANDREW BARRETT | TREASURER | 2 | $40,800 |
| MILTON GRAHAM STEWART JR | DIRECTOR | 2 | $40,800 |
| PHILLIP A ELLEN | DIRECTOR | 2 | $26,400 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $2.7M (72%)
South Carolina $1.0M (28%)
Mississippi $10K (0%)
Cities
Buies CreekChapel HillCharlestonOxfordWingate
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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