Annual NACDS Foundation dinner raises $1.76 million

NEW YORK — The charitable arm of the National Association of Chain Drug Stores held its 12th annual dinner in New York on Tuesday, which generated $1.76 million for research, charitable efforts and scholarships.

The NACDS Foundation said some of the funds were granted to those that sought to improve medication adherence -- understanding medication therapy and appropriately taking medications -- among patients. The foundation awarded a $1 million grant to National Consumer League’s public awareness campaign, which promotes medication adherence.

The NACDS Foundation also recognized representatives of Convoy of Hope and AmeriCares for their relief efforts following the earthquake in Haiti last January. The foundation donated $50,000 to each organization to assist with providing food, water, medicines and other resources and supplies to those impacted in Haiti. The foundation also contributed $50,000 to Doctors Without Borders for its healthcare delivery efforts during the aftermath of the earthquake.

In the scholarships sector, the NACDS Foundation recognized six NACDS Foundation pharmacy student scholarship recipients. Annually, the organization contributes more than $500,000 to support pharmacy student education through two scholarship programs.

Walgreens and Duane Reade were premier sponsors of the event, the NACDS Foundation said.

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