National Advisory Panel on Acquired Immune Deficiency Syndrome Act of 1987

National Advisory Panel on Acquired Immune Deficiency Syndrome Act of 1987 - Amends the Public Health Service Act to require the Secretary of Health and Human Services (Secretary) to make grants for the development, establishment, and operation of a national advisory panel on acquired immune deficiency syndrome. Requires the Secretary to request an application for such grant from and make such grant to the Institute of Medicine of the National Academy of Sciences, with provision for grants to other appropriate nonprofit private entities if the Institute submits no acceptable application. Requires the panel to: (1) advise the Congress and the President concerning policies and programs regarding AIDS; (2) make recommendations for changing health care services, public health activities, and research relating to AIDS; (3) monitor the spread of AIDS among given populations; (4) evaluate certain research activities associated with AIDS; (5) evaluate health services provided to individuals with AIDS; (6) analyze Federal, State, and local public efforts to combat AIDS; (7) assess efforts among different geographic areas to coordinate and share information about AIDS; (8) study the legal and ethical issues relating to AIDS; (9) examine problems encountered by AIDS victims in the areas of employment, education, housing, and insurance; (10) study potential violations of the civil rights of individuals with AIDS; (11) study the effect of AIDS on the armed services; (12) evaluate public and private efforts to provide education about AIDS; (13) identify financial resources available to address various aspects of AIDS; (14) encourage participation by both public and private entities in efforts to prevent and treat AIDS and to assist AIDS victims; and (15) encourage public and private agencies to participate in international efforts regarding AIDS. Sets forth criteria relating to the panel and its activities that must be met by applicants for grants to develop, establish, or operate the panel. Requires that the Secretary submit specified data relating to the panel's activities to the President, each panel member, and each appropriate congressional committee. Authorizes appropriations for FY 1988 through 1992.