North Carolina Baptist Hospital Foundation

Organization Overview

North Carolina Baptist Hospital Foundation is located in Winston Salem, NC. The organization was established in 1986. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Baptist Hospital Foundation 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 Baptist Hospital Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, North Carolina Baptist Hospital Foundation has awarded 53 individual grants totaling $8,957,515. 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 OPERATE AND CARRY OUT THE FUNCTIONS AND PURPOSES OF NORTH CAROLINA BAPTIST HOSPITAL AND TO MAKE CHARITABLE DONATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION WAS ESTABLISHED TO PROVIDE CHARITABLE FUNDING TO HELP MAINTAIN THE MISSION OF THE ORGANIZATION AND TO SUPPORT, PROMOTE, AND GENERALLY ADVANCE THE INTERESTS OF NORTH CAROLINA BAPTIST HOSPITAL IN THE PURSUIT OF ITS MINISTRIES OF HEALING. THE FOUNDATION PROVIDES SUPPORT TO THE HOSPITAL'S DIVISION OF FAITH AND HEALTH MINISTRIES AND ITS FAITHHEALTHNC INITIATIVE TO IMPROVE HEALTH WITHIN THE COMMUNITY AND BETTER ACCESS TO CARE.


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Board, Officers & Key Employees

Name (title)Compensation
A Lee Herring
Board Member
$0
Arthur A Gibel
Board Member
$0
Sheree B Watson
Board Member
$0
Stephen L Robertson
Board Member
$0
William C Warden Jr
Board Member
$0
Edwin L Welch Jr
Chair (fr 1/1/22)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,293
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,293
Total Program Service Revenue$0
Investment income $1,118,806
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $295,364
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,445,824

Grants Awarded

Over the last fiscal year, North Carolina Baptist Hospital Foundation has awarded $1,040,000 in support to 2 organizations.

Grant RecipientAmount

FAITHHEALTH INNOVATIONS

PURPOSE: SUPPORT OF WILKES PATIENT FUND AND OTHER FAITHHEALTH INITIATIVES

$54,764

NORTH CAROLINA BAPTIST HOSPITAL

PURPOSE: SUPPORT OF FAITHHEALTH NC, EE EMERGENCY FD, AND OTHER PROGRAMS

$985,236
View Grant Profile

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Southeastern Pipetrades Health And Welfare Fund
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Moses Cone-Wesley Long Community Health Foundation Inc
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