Non-hospital 340B covered entities have formed a group called 340B Grantees to fight on their own behalf on legislation, in courts, and perhaps in politics at the federal and state levels.
340B Grantees hasn’t formally announced itself yet and is just getting off the ground. It will be a 501(c)(4) nonprofit social welfare organization for federal tax purposes, according to one of its founders. Donations to it will not be tax-deductible. But 340B Grantees, if it wishes, will be able to engage in partisan politics, unlike charities or foundations set up under section 501(c)(3) of the federal tax code. AARP and the National Rifle Association are two of the best-known 501(c)(4)s.
Non-hospital 340B covered entities have formed a group called 340B Grantees to fight on their own behalf on legislation, in courts, and perhaps in politics at the federal and state levels.
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