On March 15, 1992, a non-profit organization was established called the Kappa Psi Pharmaceutical Foundation to provide educational, leadership, financial assistance, and other charitable functions for Kappa Psi Pharmaceutical Fraternity.
Seven graduate brothers met during the 1992 American Pharmaceutical Association annual meeting in San Diego at the San Diego Marriott and approved by-laws and elected officers, with Dr. Norman A. Campbell being elected as the first President. The Foundation was officially incorporated on February 16, 1993 in Wilmington, Delaware. Subsequently, the Foundation was granted a tax-exempt status from the Internal Revenue Service under Section 501(c)(3) of the IRS Code.
The purposes and objectives of the Foundation are exclusively charitable, scientific, education and literary. As stipulated in the Foundation by-laws, the specific objectives of the Foundation include:
- Assist in the education of selected qualified students of pharmacy and other qualified students through financial aid and scholarship programs.
- Foster the educational goals (scholarship and scientific research) of Kappa Psi Pharmaceutical Fraternity, Inc.
- Encourage the advancement of the practice of pharmacy through the rendition of continuing educational services for the benefit of pharmacists, other health care professionals and the general public.
- Provide opportunities for the advancement of new pharmacy developments through the financial support of research, and to convey this knowledge to members of the profession and the general public.
- Promote the improvement of the general welfare of the community through the support of pharmacy outreach programs by chapters, such as medication counseling programs, drug abuse and poison control lectures and health programs for the elderly.
- Assist Kappa Psi members and other professionals who are chemically impaired by serving as a resource for the distribution of brochures and other literature.
- Other 501(c)(3) activities as deemed appropriate by the Board of Directors.
One of the initial goals of the Foundation was to develop a scholarship program to help deserving Kappa Psi brothers to complete their pharmacy education and become contributing members of the pharmacy profession. This goal was first realized in 1995 when the first 2 scholarships were awarded in the amount of $500 each. Since that time, the Foundation has grown and now contributes $12-14k in scholarships every year to deserving collegiate brothers. In order to continue this meaningful tradition, the Foundation needs the support of all of our graduate brothers! Please consider making a contribution to the Foundation, to help support its goals, the Fraternity, and our profession.