North Carolina Healthcare Foundation Inc

Organization Overview

North Carolina Healthcare Foundation Inc is located in Raleigh, NC. The organization was established in 1964. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, North Carolina Healthcare Foundation Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Healthcare Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, North Carolina Healthcare Foundation Inc generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, North Carolina Healthcare Foundation Inc has awarded 114 individual grants totaling $10,405,051. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FOSTER AND ACCELERATE THE COLLECTIVE IMPACT OF HOSPITALS, HEALTH SYSTEMS AND COMMUNITY PARTNERS TO IMPROVE THE HEALTH OF NORTH CAROLINIANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CARONOVA IS AN INCUBATOR THAT CONNECTS KEY PEOPLE AND ORGANIZATIONS WITH PROMISING INNOVATIONS TO ACCELERATE NECESSARY CHANGE. OUR PURPOSE IS TO ALIGN LEADERS ACROSS THE CAROLINAS IN PURSUIT OF A BETTER AND MORE EQUITABLE SYSTEM OF CARE.


OTHER PROGRAMS ADDRESS IMPROVED HEALTH IN NORTH CAROLINA'S COMMUNITIES WITH A FOCUS ON BEHAVIORAL HEALTH, RURAL HEALTHCARE, HEALTHCARE QUALITY AND PATIENT SAFETY CARE, AND DEVELOPING THE NEXT GENERATION OF HEALTHCARE LEADERS.


NORTH CAROLINA COMMUNITY HEALTH PROGRAMS IMPROVE ACCESS TO BETTER HEALTH THROUGH COMMUNITY-BASED NETWORKS OF CARE AND PROGRAMS ADDRESSING CHRONIC HEALTH ISSUES.


EQUITY OF CARE PROGRAMS ADDRESS HEALTH INEQUITIES AND BUILD A PIPELINE OF DIVERSE HEALTHCARE LEADERS WHO REFLECT ON THE NORTH CAROLINA COMMUNITIES THEY SERVE.


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Board, Officers & Key Employees

Name (title)Compensation
Vanessa Ervin
Board Member
$0
Greg Gombar
Board Member
$0
Lin B Hollowell III
Board Member
$0
Chuck Mantooth
Board Member
$0
Allen Smart
Board Member
$0
Michael C Tarwater
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tsne Missionworks
Consulting & Customized Training
$287,621
Brigham And Women's Hospital
Education, Resources, & Coaching Svcs.
$150,014
Association For Healthcare Environment
Ed. & Online Learning-healthcare Pro.
$106,950
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$22,971
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,794,027
Noncash contributions included in lines 1a–1f $11,801
Total Revenue from Contributions, Gifts, Grants & Similar$4,816,998
Total Program Service Revenue$0
Investment income $105,071
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,026
Net Income from Fundraising Events -$23,203
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,901,892

Grants Awarded

Over the last fiscal year, North Carolina Healthcare Foundation Inc has awarded $150,000 in support to 6 organizations.

Grant RecipientAmount

BOYS & GIRLS CLUB OF HENDERSON COUNTY

PURPOSE: SUPPORTING UNDERSERVED POPULATIONS DISPROPORTIONATELY AFFECTED BY COVID-19.

$25,000

CAMINO COMMUNITY DEVELOPMENT CORP

PURPOSE: SUPPORTING UNDERSERVED POPULATIONS DISPROPORTIONATELY AFFECTED BY COVID-19.

$25,000

CROSSNORE SCHOOL & CHILDREN'S HOME

PURPOSE: SUPPORTING UNDERSERVED POPULATIONS DISPROPORTIONATELY AFFECTED BY COVID-19.

$25,000

CUMBERLAND COUNTY HOSPITAL SYSTEM INC

PURPOSE: SUPPORTING UNDERSERVED POPULATIONS DISPROPORTIONATELY AFFECTED BY COVID-19.

$25,000

PELETAH MINISTRIES

PURPOSE: SUPPORTING UNDERSERVED POPULATIONS DISPROPORTIONATELY AFFECTED BY COVID-19.

$25,000

REFUGEE COMMUNITY PARTNERSHIP

PURPOSE: SUPPORTING UNDERSERVED POPULATIONS DISPROPORTIONATELY AFFECTED BY COVID-19.

$25,000
View Grant Profile

Peer Organizations

Organization NameAssets
Macon County General Hospital Inc
Lafayette, TN
$20,336,207
Kershawhealth
Camden, SC
$15,343,268
Alleghany County Memorial Hospital Inc
Sparta, NC
$15,001,905
Baptist Memorial Hospital - Calhoun Inc
Memphis, TN
$14,891,498
Williamsburg Regional Hospital
Kingstree, SC
$6,704,989
Wellmont Hawkins County Memorial Hospital Inc
Johnson City, TN
$14,149,298
Chesapeake Hospital Corporation
Kilmarnock, VA
$13,682,871
University Mcduffie County Regional Medical Center Inc
Augusta, GA
$14,746,844
Wellstar Sylvan Grove Hospital Inc
Marietta, GA
$16,516,673
Healthcare Foundation Of Wilson
Wilson, NC
$3,957,650
Mcleod Medical Center Foundation
Florence, SC
$13,627,230
Methodist Healthcare Community Care Association
Memphis, TN
$9,538,873
The Spartanburg Regional Healthcare System Foundation
Spartanburg, SC
$9,375,394
Presbyterian Hospital Foundation
Winston Salem, NC
$18,946,745
Hoosier Care Inc
Nashville, TN
$8,058,141
Hardeman County Community Health Center
Bolivar, TN
$9,843,620
Hospital Authority Of Clarke County Georgia
Athens, GA
$6,778,894
Durham Asset Management Company Incorporated
Durham, NC
$5,962,144
Glynn-Brunswick Memorial Hospital Authority
Brunswick, GA
$6,105,559
Our Community Hospital Inc
Scotland Neck, NC
$5,238,476
Rex Healthcare Inc
Raleigh, NC
$4,949,726
Rappahannock General Hospital Foundation Inc
Kilmarnock, VA
$116,039
Americus & Sumter County Hospital Authority
Americus, GA
$1,420,033
Nephronet Inc
Buford, GA
$4,334,687
Good Hope Hospital Inc
Erwin, NC
$5,824,324

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