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← AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS RESEARCH AND EDUCATION

Form 990 for tax year 2022

Filed by AMERICAN SOCIETY OF HEALTH-SYSTEM PHARMACISTS RESEARCH AND EDUCATION.

Totals

Total revenue
$3,278,745
Total expenses
$2,993,667
Contributions and grants received
$1,414,901
Grants paid
$526,582
Program service revenue
$1,439,967
Investment income
$423,877
Other revenue
$0
Total assets, end of year
$12,995,656
Total liabilities, end of year
$811,149
Net assets or fund balances, end of year
$12,184,507
Program services expenses (Part IX)
$1,813,737
Management and general expenses
$426,831
Fundraising expenses
$753,099
Program service expenses (Part III)
$1,813,737

Program services were 60.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $358,050

  • 1f · All other contributions, gifts and grants

    $1,056,851

  • 2a · Program service revenue: PHARMACY LEADERSHIP ACADEMY

    total $741,425 · related or exempt $741,425

  • 2b · Program service revenue: CORPORATE PARTNER PROGRAM

    total $678,542 · related or exempt $678,542

  • 2c · Program service revenue: SPONSORSHIPS

    total $20,000 · excluded $20,000

  • 3 · Investment income

    total $436,902 · excluded $436,902

  • 7a · Gross sales of assets other than inventory

    securities $11,117,885

  • 7b · Less cost or other basis and sales expenses

    securities $11,130,910

  • 7c · Gain or loss

    securities -$13,025

  • 7d · Net gain or loss

    total -$13,025 · excluded -$13,025

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $511,482 · program services $511,482

  • 2 · Grants to domestic individuals

    total $15,100 · program services $15,100

  • 5 · Compensation of officers, directors and key employees

    total $1,048,566 · program services $443,212 · management and general $198,262 · fundraising $407,092

  • 7 · Other salaries and wages

    total $546,031 · program services $230,799 · management and general $103,243 · fundraising $211,989

  • 8 · Pension plan contributions

    total $10,604 · program services $4,482 · management and general $2,005 · fundraising $4,117

  • 9 · Other employee benefits

    total $29,109 · program services $12,304 · management and general $5,504 · fundraising $11,301

  • 10 · Payroll taxes

    total $83,541 · program services $35,311 · management and general $15,796 · fundraising $32,434

  • 11c · Fees: accounting

    total $10,910 · management and general $10,910

  • 11f · Fees: investment management

    total $49,316 · management and general $49,316

  • 11g · Fees: other

    total $435,044 · program services $422,175 · management and general $364 · fundraising $12,505

  • 13 · Office expenses

    total $59,225 · program services $48,848 · management and general $2,923 · fundraising $7,454

  • 17 · Travel

    total $137,455 · program services $45,818 · management and general $25,430 · fundraising $66,207

  • 22 · Depreciation, depletion and amortization

    total $42,206 · program services $42,206

  • 24a · Other expenses: CREDIT CARD FEES

    total $13,078 · management and general $13,078

  • 24b · Other expenses: HONORARIA

    total $2,000 · program services $2,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $506,045 · end of year $656,263

  • 2 · Savings and temporary cash investments

    beginning of year $547,495

  • 3 · Pledges and grants receivable

    beginning of year $1,390,682 · end of year $958,430

  • 4 · Accounts receivable

    beginning of year $74,420 · end of year $154,944

  • 9 · Prepaid expenses and deferred charges

    beginning of year $62,661 · end of year $14,946

  • 10a · Land, buildings and equipment: cost or other basis

    $294,308

  • 10b · Land, buildings and equipment: accumulated depreciation

    $222,832

  • 10c · Land, buildings and equipment, net

    beginning of year $99,682 · end of year $71,476

  • 11 · Investments: publicly traded securities

    beginning of year $10,540,167 · end of year $10,955,064

  • 12 · Investments: other securities

    beginning of year $115,405 · end of year $78,230

  • 15 · Other assets

    beginning of year $48,656 · end of year $106,303

  • 17 · Accounts payable and accrued expenses

    beginning of year $177,452 · end of year $199,420

  • 19 · Deferred revenue

    beginning of year $764,002 · end of year $611,729

  • 27 · Net assets without donor restrictions

    beginning of year $3,083,557 · end of year $3,157,407

  • 28 · Net assets with donor restrictions

    beginning of year $9,360,202 · end of year $9,027,100

Mission and programs · 2022

Mission

OUR MISSION: SUPPORT ASHP BY ADVANCING THE PROFESSIONAL PRACTICE OF PHARMACISTS AND THE PHARMACY WORKFORCE BY FUNDING RESEARCH AND EDUCATION THAT IMPROVES HEALTH OUTCOMES THROUGH OPTIMAL, SAFE AND EFFECTIVE MEDICATION USE. OUR VISION: AS THE PHILANTHROPIC ARM OF ASHP, THE FOUNDATION SHARES ASHP'S VISION THAT MEDICATION USE WILL BE OPTIMAL, SAFE, AND EFFECTIVE FOR ALL PEOPLE ALL OF THE TIME.

Activities or mission (Part I)

THE MISSION OF THE ASHP FOUNDATION IS TO SUPPORT ASHP BY ADVANCING (CONTINUED ON SCHEDULE O)THE PROFESSIONAL PRACTICE OF PHARMACISTS AND THE PHARMACY WORKFORCE BY FUNDING RESEARCH AND EDUCATION THAT IMPROVES HEALTH OUTCOMES THROUGH OPTIMAL, SAFE AND EFFECTIVE MEDICATION USE.

  • EXCELLENCE IN PHARMACY PRACTICE & LEADERSHIP DEVELOPMENT: RECOGNIZE AND PROMOTE EFFORTS THAT FOSTER EXCELLENCE AND GROWTH OF HEALTH-SYSTEM PHARMACY.ASHP STUDENT LEADERSHIP AWARD: THIS PROGRAM, FUNDED THROUGH THE DAVID A. ZILZ FUND, IS ADMINISTERED BY THE ASHP PHARMACY STUDENT FORUM IN COLLABORATION WITH THE ASHP FOUNDATION. TWELVE STUDENTS WHO DEMONSTRATE HIGH ACADEMIC ACHIEVEMENT, EXCEPTIONAL INTEREST IN HEALTH-SYSTEM PHARMACY PRACTICE, AND OUTSTANDING LEADERSHIP SKILLS WERE RECOGNIZED. THE AWARDEES RECEIVED A PLAQUE, A $2,000 AWARD AND AN ASHP DRUG INFORMATION LIBRARY. EACH AWARDEE SUBMITTED A PLAN TO RAISE STUDENT AWARENESS OF THE ASHP PRACTICE ADVANCEMENT INITIATIVE. AWARDEES WILL BE SURVEYED TO COLLECT INFORMATION ON IMPLEMENTATION AND OUTCOMES OF THEIR PLAN.PHARMACY RESIDENCY EXCELLENCE AWARDS PROGRAM: THE 2022 PHARMACY RESIDENCY EXCELLENCE AWARDS PROGRAM WAS SUPPORTED BY SAMSON MEDICAL TECHNOLOGIES AND MEDI-DOSE. THIS UNIQUE AWARD RECOGNIZES EXCELLENCE AND LEADERSHIP IN THE TRAINING AND MENTORING OF PHARMACY RESIDENTS. THE PHARMACY RESIDENCY EXCELLENCE AWARDS PROGRAM RECOGNIZES A PRECEPTOR, NEW PRECEPTOR AND PROGRAM. THE OBJECTIVES OF THIS PROGRAM ARE TO: 1) RECOGNIZE THE ACHIEVEMENTS OF RESIDENCY PROGRAMS AND PHARMACISTS WHO HAVE DEMONSTRATED EXCELLENCE AND LEADERSHIP IN THE TRAINING OF PHARMACY RESIDENTS AND 2) WIDELY DISSEMINATE THE RESULTS OF THESE ACCOMPLISHMENTS TO FOSTER INNOVATIONS IN PHARMACY RESIDENT TRAINING. EACH AWARDEE WILL ALSO PRESENT AN EDUCATIONAL WEBINAR ON A RESIDENT PROFESSIONAL DEVELOPMENT TOPICS. THE WEBINARS ARE RECORDED AND MADE AVAILABLE FOR ON-DEMAND ACCESS. LITERATURE AWARDS PROGRAM: THE ASHP FOUNDATION LITERATURE AWARDS PROGRAM RECOGNIZES IMPORTANT CONTRIBUTIONS TO THE BIOMEDICAL LITERATURE BY PHARMACISTS. THIS PROGRAM, ADMINISTERED BY THE ASHP FOUNDATION SINCE 1971, RECOGNIZES TO STIMULATE INNOVATION AND FOSTERS IMPROVEMENT IN THE QUALITY OF THE EVIDENCE. AWARDEES ARE RECOGNIZED THROUGH VARIOUS ELECTRONIC PLATFORMS AND AT THE ASHP MIDYEAR CLINICAL MEETING. ASHP FOUNDATION PHARMACY STUDENT SCHOLARSHIP: IN FY23, THE ASHP FOUNDATION LAUNCHED A PHARMACY STUDENT SCHOLARSHIP. THE INAUGURAL PROGRAM, PART OF ASHP'S COMMITMENT TO INCREASING DIVERSITY, EQUITY, AND INCLUSION IN THE PHARMACY WORKFORCE, WAS SUPPORTED BY APEXUS. THE PROGRAM AWARDED A TOTAL OF $25,000 IN SCHOLARSHIPS TO P3 AND P4 PHARMACY STUDENTS ENROLLED AT US-ACCREDITED HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS) FOR THE 2023-2024 ACADEMIC YEAR. THE ASHP FOUNDATION PARTNERED WITH FIVE ACCREDITED HBCU SCHOOLS OF PHARMACY AND PROVIDED EACH WITH $5,000 IN FUNDING FOR DISBURSEMENT TO RECIPIENTS. EACH HBCU SCHOOLS OF PHARMACY WILL SELECT ONE RECIPIENT TO RECEIVE $5,000 OR TWO RECIPIENTS TO RECEIVE $2,500 EACH. THE RECIPIENTS WILL BE SELECTED BY THEIR RESPECTIVE SCHOOLS IN FALL 2023 AND WILL HAVE THE OPPORTUNITY TO PARTICIPATE IN ADDITIONAL ENGAGEMENT ACTIVITIES WITH ASHP IN FY24. PHARMACIST NUTRITION SUPPORT PATIENT-CARE IMPACT PROGRAM: SUPPORTED BY AN EDUCATIONAL GRANT FROM BAXTER AND OFFERED IN COLLABORATION WITH ASHP'S SECTION ON CLINICAL SPECIALISTS AND SCIENTISTS, THE PHARMACIST NUTRITION SUPPORT PATIENT-CARE IMPACT PROGRAM DISTANCE PROGRAM IS DESIGNED TO DEVELOP LEADERS WITH KNOWLEDGE AND SKILLS TO OPTIMIZE SAFE AND EFFECTIVE NUTRITIONAL SUPPORT NEEDS OF PATIENTS. THE PROGRAM SUPPORTS COHORTS OF UP TO TEN PHARMACY RESIDENTS IN PGY2 PROGRAMS. THE PROGRAM AND APPLICATION LAUNCHED IN FY23, WITH THE COHORT SELECTED IN FY24. MEDICATION SAFETY SCHOLARS: ASHP FOUNDATION IN PARTNERSHIP WITH EMILY JERRY FOUNDATION AND THE ASHP STUDENT FORUM SELECTED PARTICIPANTS FOR THE MEDICATION SAFETY SCHOLARS PROGRAM. THE PROGRAM IS A DISTANCE IMPACT PROGRAM STRUCTURED TO SUPPORT FIVE P2 AND P3 DOCTOR OF PHARMACY STUDENTS, PAIRED WITH ONE GROUP COACH, TO ENHANCE THEIR KNOWLEDGE AND SKILLS IN MEDICATION SAFETY. PROGRAM PARTICIPANTS MET IN JUNE 2022 AT THE ASHP SUMMER MEETINGS IN PHOENIX, ARIZONA TO SUPPORT A LIVE SESSION AT THE MEETING AND HAVE A NETWORKING DINNER TO CONCLUDE THE PROGRAM AND MEET WITH THE FACULTY IN PERSON. PHARMACY STUDENT CLINICAL SKILLS COMPETITION: ELLA DOMINGO & MARY ROTHENBERGER, PURDUE UNIVERSITY COLLEGE OF PHARMACY COMPETED FOR THE 2022 ASHP NATIONAL CLINICAL SKILLS COMPETITIONS AND WERE AWARDED IN DECEMBER 2022, DURING THE ASHP MIDYEAR CLINICAL MEETING IN LAS VEGAS, NV. THE FOUNDATION HAS SPONSORED THE PHARMACY STUDENT CLINICAL SKILLS COMPETITION (CSC) AT THE ASHP MIDYEAR CLINICAL MEETING 17 YEARS. TEAMS WHO WON PRELIMINARY COMPETITIONS AT THEIR LOCAL PHARMACY SCHOOL PARTICIPATED IN THE COMPETITION. DURING THE CSC, STUDENTS DEMONSTRATE THEIR SKILLS BY ASSESSING PATIENT INFORMATION AND CURRENT THERAPY, IDENTIFYING AND PRIORITIZING DRUG THERAPY PROBLEMS, IDENTIFYING TREATMENT GOALS, AND RECOMMENDING A PHARMACIST CARE PLAN. VISITING LEADERS PROGRAM (VLP): THE VISITING LEADERS PROGRAM, WITH SUPPORT FROM THE DAVID A. ZILZ LEADERS FOR THE FUTURE FUND, HAD ANOTHER SUCCESSFUL YEAR. TEN LEADERS WERE INVOLVED IN 19 RESIDENCY VISITS, REACHING RESIDENTS, IN FY23. THERE WERE TWENTY VISITS SCHEDULED, BUT ONE WAS CANCELLED DUE TO LAST MINUTE CONFLICTS WITH LEADERS' SCHEDULES. OF THE TOTAL VISITS MAJORITY WERE CONDUCTED IN-PERSON.PHARMACY LEADERSHIP ACADEMY (PLA): THE PLA, SUPPORTED IN PART BY A GRANT FROM APEXUS, IS AN ONLINE EDUCATION PROGRAM DESIGNED TO PROVIDE COMPREHENSIVE LEADERSHIP EDUCATION TO PHARMACISTS AND PHARMACY TECHNICIANS. THE PLA CLASS IN FY23 CONSISTED OF 117 PARTICIPANTS, WHO ALSO REMITTED TUITION AND WERE ENROLLED IN THE PROGRAM FROM JULY 2022 JUNE 2023. THE NUMBER OF GRADUATES FROM THIS CLASS BRINGS THE TOTAL NUMBER OF PLA GRADUATES TO 1,178 PHARMACISTS.WILLIAM A. ZELLMER LEADERSHIP LECTURE: WHERE PRACTICE MEETS POLICY: THIS ANNUAL LUNCHEON-LECTURE EVENT, HOSTED BY ASHP IN PARTNERSHIP WITH THE ASHP FOUNDATION, IS DESIGNED TO HONOR THE DISTINGUISHED 40-YEAR ASHP CAREER OF WILLIAM A. ZELLMER AND IS SUPPORTED BY DONORS TO THE ASHP FOUNDATION'S WILLIAM ZELLMER FUND. REAR ADMIRAL KRISTA M. PEDLEY, PHARMD, MS, DIRECTOR OF THE HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) OFFICE OF SPECIAL HEALTH INITIATIVES, AND THE LECTURE CEREMONY OCCURRED ON SEPTEMBER 13, 2022 DURING ASHP'S ANNUAL POLICY WEEK ACTIVITIES. NO EXPENSES WERE INCURRED BY THE ASHP FOUNDATION FOR THIS PROGRAM IN FY23. JOSEPH A. ODDIS ETHICS COLLOQUIUM: THE JOSEPH A. ODDIS ETHICS COLLOQUIUM FOCUSED ON THE TOPIC: ETHICS OF BIG DATA-I POLICY VALUES FOR IMPLEMENTING TODAY'S DATA TECHNOLOGY IN HEALTHCARE SYSTEMS. THE SESSION WAS PLANNED AND LED BY THE PROGRAM CHAIR IN JUNE DURING THE 2022 ASHP SUMMER MEETINGS & EXHIBITION IN PHOENIX, AZ.

    Expenses $987,225 · Grants $194,227 · Revenue $741,425

  •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

    Expenses $826,512 · Grants $332,355

  • THE ASHP FOUNDATION CORPORATE PARTNERS PROGRAM IS A STRATEGIC PARTNERSHIP BETWEEN THE ASHP FOUNDATION, ASHP, AND CORPORATIONS WHICH PROMOTES MEDICATION SAFETY AND IMPROVEMENTS IN PATIENT CARE. THE PROGRAM OFFERS A ROBUST MENU OF SPONSORSHIP LEVELS AND BENEFITS FOR COMPANIES, FOCUSED ON COLLABORATION, RECOGNITION, AND INFORMATIONAL OPPORTUNITIES. THERE ARE FOUR SPONSORSHIP LEVELS AND A-LA-CARTE OPPORTUNITIES TO BETTER MEET BUSINESS OBJECTIVES. CORPORATE PARTNERS PROGRAM SPONSORSHIP IS ON AN ANNUAL BASIS. WITH THE GENEROUS SUPPORT OF CORPORATE PARTNERS, THE ASHP FOUNDATION INVESTS IN RESEARCH, AWARDS, EDUCATION, AND LEADERSHIP DEVELOPMENT THAT ADVANCES THE PHARMACY PROFESSION AND ENSURES THE SAFE, EFFECTIVE, AND OPTIMAL USE OF MEDICATIONS.

    Revenue $678,542

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Chris Hatwig

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Christene Jolowsky

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Ellen Wetterling

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Kelly M Smith

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Ken Perez

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Linda S Tyler

    IMMEDIATE PAST PRESIDENT OF ASHP

    Total calculated
    $10,500
    From this org
    $0
    From related orgs
    $10,500
    Other
    $0
    Hours/week
    1 + 1 related
  • Lindsey Thomas

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Paul C Walker

    PRESIDENT OF ASHP

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    1 + 5 related
  • Paul W Abramowitz

    PRESIDENT

    Total calculated
    $1,118,595
    From this org
    $0
    From related orgs
    $1,056,203
    Other
    $62,392
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $894,671 related
    Bonus
    $0 + $133,875 related
    Other
    $0 + $27,657 related
    Deferred
    $0 + $29,600 related
    Nontaxable benefits
    $0 + $32,792 related
    Filer's total
    $0 + $1,118,595 related
  • Roger Anderson

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Scott M Samson

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Steven A Rubloff

    SECRETARY AND CEO

    Total calculated
    $447,191
    From this org
    $375,648
    From related orgs
    $0
    Other
    $71,543
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $332,055
    Bonus
    $23,500
    Other
    $20,093
    Deferred
    $29,600
    Nontaxable benefits
    $41,943
    Filer's total
    $447,191
  • Thomas J Rice

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Wendy Horton

    DIRECTOR AT LARGE

    Total calculated
    $0
    Hours/week
    1
  • Barbara Nussbaum

    VP, RESEARCH AND EDUCATION

    Total calculated
    $257,325
    From this org
    $194,806
    From related orgs
    $0
    Other
    $62,519
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,553
    Bonus
    $8,419
    Other
    $1,834
    Deferred
    $19,897
    Nontaxable benefits
    $42,622
    Filer's total
    $257,325
  • Martha Crews

    VP, DEVELOPMENT

    Total calculated
    $187,604
    From this org
    $139,571
    From related orgs
    $0
    Other
    $48,033
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $132,809
    Bonus
    $6,090
    Other
    $672
    Deferred
    $14,294
    Nontaxable benefits
    $33,739
    Filer's total
    $187,604
  • Stephanie Brown

    DIRECTOR, OPERATIONS

    Total calculated
    $156,446
    From this org
    $129,291
    From related orgs
    $0
    Other
    $27,155
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,810
    Bonus
    $5,261
    Other
    $220
    Deferred
    $12,436
    Nontaxable benefits
    $14,719
    Filer's total
    $156,446

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 6
PAUL ABRAMOWITZ, PRESIDENT/ASHP CEO, AND STEVEN RUBLOFF, SECRETARY/ASHP REF CEO, RECEIVE A BONUS BASED ON THE ACHIEVEMENT OF SPECIFIC FINANCIAL AND NON-FINANCIAL OUTCOMES FOR THEIR RESPECTIVE ORGANIZATIONS.
PART I, LINE 7
ALL ASHP-REF EMPLOYEES ARE ELIGIBLE FOR AN ANNUAL PERFORMANCE INCENTIVE PROGRAM IN ACCORDANCE WITH POLICY, AT THE DISCRETION OF THE BOARD OF DIRECTORS, BASED ON MUTUALLY AGREED UPON PREDETERMINED OBJECTIVES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
25 March 2024
IRS schema version
2022v5.0
Source object
202420929349300762

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.