Ifpw Foundation FY2024 filing

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Supports organizations and initiatives that improve the availability of vaccines, medicines and other healthcare products to those in need worldwide through a variety of educational and charitable activities, including those focused on pharmaceutical supply chain improvements.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1554531) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $4K a year · 2% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
87% of spending went to programs.
Pt IX · Ln 25 · col B
2.5 mo
of spending, in cash
2.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$123K
156% of total assets
Liabilities are 156% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$265K
+25% vs prior year
Spent
$382K
To programs
87%
Net assets
−$44K
By yearFY2020–FY2025
Revenue
$265K
FY2024▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$26K
FY2021$248K
FY2022$170K
FY2023$212K
FY2024$265K
FY2025$417K
Expenses
$382K
FY2024▲ +44%
Tap a bar for its year
Expenses by fiscal year
FY2020$55K
FY2021$90K
FY2022$207K
FY2023$265K
FY2024$382K
FY2025$365K
Net assets
−$44K
FY2024▼ -162%
Tap a bar for its year
Net assets by fiscal year
FY2020$4K
FY2021$162K
FY2022$125K
FY2023$72K
FY2024−$44K
FY2025$7K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $333K Management & general 13% · $49K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Executive VP
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
See Ifpw Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves global access to vaccines and medicines through education and charitable initiatives.

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3 programs · $333K · in their own filed words · FY2024
01

Provides strategic consultation and implementation support to GAVI Alliance, Global Fund, and other donors for the implementation of an executive leadership program, STEP 2.0 Leadership, which provides online and face-to-face training to public health supply chain managers and personnel to help them improve efficiency and performance.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1554531) · Dispute this line
$310Kprogram expense
02

Supports Fight the Fakes Alliance, a Swiss association, in raising awareness around the issue of counterfeit, falsified, and substandard medicines and the dangers they pose to patients worldwide. Financial dues are paid which allows a related organization, International Federation of Pharmaceutical Wholesalers, Inc.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1554531) · Dispute this line
$22Kprogram expense
03

Support the African Pharmaceutical Distribution Association (APDA), based in Morocco, to help this pan-African group realize its potential to serve as a strong platform for information exchanges and the development of the private sector for medicines on the Continent.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1554531) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$265K
Ln 12
Fees for servicesLn 2g$260K
Investment incomeLn 3$5K
Money outPt IX
$382K
Ln 25
Programscol B$333K
Managementcol C$49K
Owns and owesPt X
−$44K
net assets · Ln 32
Cash and savingsLn 1–2$78K
Total assetsLn 16$79K
LiabilitiesLn 26$123K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$260K
Investment incomeLn 3$5K
Total revenueLn 12$265K
Assets in detailPt X, end of year
CashLn 1$77K
SavingsLn 2$2K
Cash and savings togetherLn 1–2$78K
Accounts receivableLn 4$366
Prepaid expenses and deferred chargesLn 9$335
Total assetsLn 16$79K
LiabilitiesLn 26$123K
Net assetsLn 32−$44K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$216K$78K
InvestmentsLn 11–13$0
Total assetsLn 16$216K$79K
LiabilitiesLn 26$144K$123K
Net assetsLn 32$72K−$44K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$44K$44K
TravelLn 17$5K$5K
InsuranceLn 23$325$325
Other expenses (24a–d)Ln 24$333K$333K$283$0
All other expensesLn 24e$66$66
Total functional expensesLn 25$382K$333K$49K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 31, 2026 $417K$365K$52K$7K 990 PDF
FY2024 ViewingFiled with the IRS May 1, 2025 $265K$382K−$117K−$44K 990 PDF
FY2023Filed with the IRS Apr 23, 2024 $212K$265K−$53K$72K 990 PDF
FY2022Filed with the IRS May 12, 2023 $170K$207K−$37K$125K 990 PDF
FY2021Filed with the IRS Apr 19, 2022 $248K$90K$158K$162K 990 PDF
FY2020Filed with the IRS May 18, 2021 $26K$55K−$29K$4K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $264,956 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $207,635$260,001
I-10 Investment incomePrior year $4,651$4,955
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $212,286$264,956
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $265,013$381,627
I-18 Total expensesPrior year $265,013$381,627
I-19 Revenue less expensesPrior year −$52,727−$116,671
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $264,956 across 5 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $260,001 · Unrelated business $0 · Excluded from tax $0$260,001
VIII-3 Investment incomeRelated to mission $4,955 · Unrelated business $0 · Excluded from tax $0$4,955
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $264,956 · Unrelated business $0 · Excluded from tax $0$264,956
Part IX · Statement of functional expenses $381,627 across 5 lines filed
IX-11a Management feesManagement $43,800$43,800
IX-17 TravelManagement $4,568$4,568
IX-23 InsuranceManagement $325$325
IX-24 Other expenses (24a–d)Programs $332,585 · Management $283 · Fundraising $0$332,868
IX-24e All other expensesManagement $66$66
IX-25 Total functional expensesPrograms $332,585 · Management $49,042 · Fundraising $0$381,627
Part X · Balance sheet $79,030 assets, 28 lines filed
X-1 Cash, non-interest-bearingStart of year $135,817$76,826
X-2 Savings and temporary cash investmentsStart of year $80,048$1,503
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$366
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$335
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $215,865$79,030
X-17 Accounts payable and accrued expensesStart of year $85,164$15,000
X-19 Deferred revenueStart of year $58,464$108,464
X-20 Tax-exempt bond liabilities$0
X-21 Escrow or custodial accounts$0
X-22 Loans from officers and insiders$0
X-23 Secured mortgages and notes payable$0
X-24 Unsecured notes and loans payable$0
X-26 Total liabilitiesStart of year $143,628$123,464
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $72,237−$44,434
X-32 Total net assets or fund balancesStart of year $72,237−$44,434
X-33 Total liabilities and net assetsStart of year $215,865$79,030
Part XI · Reconciliation of net assets −$44,434 net assets at year end
XI-1 Total revenue$264,956
XI-2 Total expenses$381,627
XI-3 Revenue less expenses−$116,671
XI-4 Net assets at start of year$72,237
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$44,434

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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