Powered for Patients’ application to the IRS to become a 501c3 not-for-profit organization has been formally approved by the Internal Revenue Service. The October 2016 ruling provides an important designation to Powered for Patients. As a public charity, Powered for Patients is now eligible to pursue funding from private foundations and a number of other sources. The designation also enables tax deductible donations to be made to the organization.
“Our designation as a 501c3 not-for-profit is a very exciting development for Powered for Patients as it opens up new opportunities to pursue funding that can help us accelerate important work on many fronts,” said April Salas, Chairperson of the Powered for Patients Board of Directors.
Organizations interested in proving grants to Powered for Patients to support targeted initiatives are encouraged to contact Project Director Eric Cote at firstname.lastname@example.org.