The mission of the Association is to be the leading 340B advocate and resource supporting hospitals in their mission to serve low income, underserved and rural patients.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39.3M
+9.1% YoY
Revenue
$15.1M
+6.1% YoY
Net Investment Income
$1.3M
+83.7% YoY
Expenses
$14.7M
+18.1% YoY
About 340B Health
Based on IRS filings
340B Health is a nonprofit organization focused on Community Improvement & Capacity Building, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39.3M in total assets. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $39,250,049 | $35,979,568 | $24,919,877 |
| Revenue | $15,126,016 | $14,254,781 | $13,814,777 |
| Expenses | $14,743,681 | $12,478,849 | $10,968,686 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,298,325 | $706,848 | $793,104 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Karen L Bowling | Chair | 1 | — |
| Charlton Park | Treasurer | 1 | — |
| Matthew J Perry | Secretary | 1 | — |
| Roben Casey | Director | 1 | — |
| Tim Lynch | Director | 1 | — |
| Adrian Moran | Director | 1 | — |
| Paul Jenny | Director | 1 | — |
| Onisis Stefas | Director | 1 | — |
| Meetali Desai | Director | 1 | — |
| Sumona DasGupta | Director | 1 | — |
| Marjorie Lazarre | Director | 1 | — |
| Mike Loftus | Director | 1 | — |
| Marva Williams-Lowe | Director | 1 | — |
| Beth Feldpush | Director | 1 | — |
| Patt Vilt | Director | 1 | — |
| Rosland McLeod | Director | 1 | — |
| Nick Gnadt | Director | 1 | — |
| Paul Mollo | Director | 1 | — |
| Maureen Testoni | President and CEO | 45 | $699,363 |
| Patrick McGary | SVP of Operations | 45 | $259,921 |
| Michael Hess | VP of Operations | 45 | $252,063 |
| Tom O'Donnell | SVP of Government Relations | 45 | $361,404 |
| Jonathan Tilton | SVP of Communications | 45 | $343,629 |
| Steven Miller | VP of Pharmacy Services | 45 | $284,354 |
| Gregory Doggett | VP of Legal & Policy | 45 | $271,188 |
| Amanda Nagrotsky | Vice President of Legal and Policy | 45 | $257,728 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Association of Schools of Allied Health
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Fulcrum Foundation Inc
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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