Carilion Medical Center is a 501(c)(3) nonprofit health organization based in Roanoke, Virginia. The organization operates hospital facilities and provides comprehensive healthcare services to communities across multiple states. Carilion Medical Center has maintained tax-exempt status since May 1980.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2B
+11.5% YoY
Annual Giving
$5.6M
+1.8% YoY
Grant Count
31
-8.8% YoY
Avg Grant Size
$182K
+11.7% YoY
Mission & Focus Areas
Mission: To improve the health of the communities served through a commitment to better patient care, better community health, and lower cost.
The organization's primary funding focus areas include higher education, arts grants for nonprofits, grants for creative writing, and grants for historic buildings. Grant-making priorities emphasize Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
Carilion Medical Center's total giving reached $6,123,879 in their most recent fiscal year. Typical grant awards range from $6,000 to $6,344,695. The organization does not currently list live grant opportunities.
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Geographic Focus
Where this funder awards grants
Grant-making activities are concentrated primarily in Virginia, Texas, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,217,235,562
- Total Revenue: $1.98 billion
- Total Expenses: $1.92 billion
- Total Liabilities: $1.2 billion
- Total Giving: $6,123,879
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,217,235,562 | $1,989,095,314 | $1,949,690,459 |
| Revenue | $1,983,462,548 | $1,742,822,940 | $1,707,278,174 |
| Expenses | $1,918,638,997 | $1,769,567,616 | $1,711,194,836 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $65,422,108 | $20,993,797 | $47,222,248 |
| 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 10 recipients in 2024
Grant Size Distribution
156 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 |
|---|---|---|---|
| Damon Williams | Director/Chair | 2 | — |
| Steven Arner | Director/President/CEO | 42 | — |
| Ann Hoff PhD | Director | 2 | — |
| Cathy Jo Swanson MD | Director / Chief of Medical Staff | 2 | $90,000 |
| Daniel Tershak MD | Director/Chief of Medical Staff | 50 | $530,882 |
| Isabel Thornton | Director | 2 | — |
| Jamie Greenawalt | Director | 2 | — |
| Janet Frantz | Director | 2 | — |
| Katherin Elam | Director | 2 | — |
| Kianna Price Marshall | Director | 2 | — |
| Lee Learman MD PhD | Director/Physician | 4.6 | $8,655 |
| Michael Nussbaum MD | Director/SVP/Surgical Services Chair | 50 | $976,550 |
| Paul Haskins MD | Director/Physician | 50 | $382,001 |
| Donald Halliwill | Asst. Treasurer | 0.5 | — |
| G Robert Vaughan Jr | Treasurer | 0.5 | — |
| J Harrison Lapuasa | Asst. Treasurer | 0.5 | — |
| Julie Smith-Hamilton | Asst. Secretary | 0.5 | — |
| Nicholas Conte | Secretary | 3 | — |
| Daniel Harrington MD | Interim Chief Medical Officer/EVP | 50 | — |
| John Jane MD | SVP, Chair Neurosurgery | 50 | $654,291 |
| Jon Sweet MD | SVP/Chair, Dept. of Medicine | 50 | $596,807 |
| Joseph Moskal MD | SVP/Chair, Dept. of Orthopedics | 50 | $1,421,697 |
| Michael Abbott | Senior Vice President | 50 | $361,790 |
| Nancy Howell Agee | CEO, Carilion Clinic | 2 | — |
| Adeolu Olasunkanmi MD | Physician | 50 | $1,352,897 |
| Cara Rogers MD | Physician | 50 | $1,111,647 |
| Eric Marvin MD | Physician | 50 | $1,546,060 |
| Gregory Howes MD | Physician | 50 | $1,476,712 |
| Jonathan Carmouche MD | Physician | 50 | $1,620,383 |
| David Hagadorn | Former Officer | — | — |
Recent News & Activity
Recent developments and announcements
Carilion Medical Center has received recognition for its financial accountability and management practices, earning a Four-Star rating based on its financial performance metrics.
VIPC Awards Commonwealth Commercialization Fund Grant to Carilion MedicalThe organization has been involved in research and development initiatives, including receiving grants to support biotechnology incubation and brain injury diagnostic research in the Roanoke region.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
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Assets
$6.4M
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2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
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Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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