American College of Apothecaries Research & Education Foundation

The American College of Apothecaries Research & Education Foundation is a nonprofit organization established to support education and research within the pharmacy field. This foundation was incorporated in 1978 as a public entity and operates as a 501(c)(3) organization, which means donations to it are tax deductible[1][4].

Mission and Vision

The foundation's mission is to conduct research and develop quality programs in pharmacy to enhance public health. Its vision is centered on improving patient health outcomes through advancements in pharmacy practices[1].

Activities and Awards

The foundation supports educational opportunities for pharmacists and pharmacy technicians, providing scholarships and grants to foster growth in the field. Each year, the foundation presents several awards recognizing outstanding contributions to pharmacy education and practice. These awards include:

• The Albert E. Rosica, Jr. Memorial Award, honoring contributions to pharmacy education.
• The ACA Dean’s Recognition Award, bestowed upon deans of pharmacy colleges who advance community pharmacy practice.
• The ACA Research & Education Foundation Lifetime Achievement Award, recognizing sustained contributions to the advancement of pharmacy.
• The J. Leon Lascoff Memorial Award, the highest honor for outstanding contributions to professional pharmacy[1].

Governance

The foundation is governed by a Board of Directors, which includes officers such as a President, Vice President, Treasurer, and Secretary, along with other directors. The board is composed of individuals dedicated to improving healthcare through education and research[1].

Financial Overview

The foundation's revenue primarily comes from contributions, program services, and investment income. As a nonprofit, it relies on external support to maintain its programs and continue its mission to promote public health through quality pharmacy services[4].