Forsyth Medical Center Foundation logo

Forsyth Medical Center Foundation

Grantmaker Winston-Salem, NC EIN: 56-2120959 Website

Key facts about Forsyth Medical Center Foundation

In short: Forsyth Medical Center Foundation gave $3.2M across 5 grants in 2024 (avg $644K), mostly in North Carolina. Source: 2024 IRS Form 990 filing.

EIN
56-2120959
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$3,217,929
Grants made (2024)
5
Average grant
$643,586
Median grant
$125,000
Total assets
$89,545,285
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990 filing, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$89.5M

+7.5% YoY

Annual Giving

$3.2M

-7.7% YoY

Grant Count

5

-37.5% YoY

Avg Grant Size

$644K

+47.6% YoY

How Forsyth Medical Center Foundation gives

  • Giving fell 53% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Forsyth Medical Center Foundation

Based on IRS filings

Forsyth Medical Center Foundation is a nonprofit organization focused on Health, based in Winston-Salem, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $89.5M in total assets. In 2024, it awarded 5 grants totaling $3.2M. Net investment income was $3.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 5 itemized 2024 grant dollars.

Cities

Winston-SalemSalisburyDallas

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M7 grants20207 grants20216 grants20228 grants20235 grants2024

From 2020 to 2024, annual grant giving ranged from $3.1M (2022) to $6.9M (2021). In 2024 it made 5 grants totaling $3.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Novant Health Inc: $1.9MNovant Health Inc$1.9MForsyth Memorial Hospital Inc: $1.1MForsyth Memorial Hospital Inc$1.1MCommunity Care Center for Forsyth County: $125KCommunity Care Center forForsyth County$125KForsyth County: $107KForsyth County$107KFoundation Health Systems Corp: $42KFoundation Health Systems Corp$42K

The largest 2024 recipient was Novant Health Inc ($1.9M). Together the top 5 received $3.2M.

Grant Size Distribution

33 grants across all recorded years

9<$50K1$50–100K4$100–250K8$250–500K5$500K–1M5$1–5M1$5M+

The most common grant size was under $50K: 9 grants of 33 (27%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Novant Health Inc Winston-Salem, NCTo Support Novant Health, Inc. and Affiliates$1,851,350
Forsyth Memorial Hospital Inc Winston-Salem, NCTo Support NHFMC, NHCMC, and NHKMC$1,092,809
Community Care Center for Forsyth County Winston-Salem, NCCommunity Outreach$125,000
Forsyth County Winston-Salem, NCTo Support Forysth County Department of Public Health$107,103
Foundation Health Systems Corp Winston-Salem, NCTo Support Today's Woman$41,667

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M20202021202220232024
Metric202420232022
Total Assets$89,545,285$83,318,371$76,328,659
Revenue$5,125,851$5,595,810$6,515,248
Expenses$4,621,721$4,708,949$4,236,616
Qualifying Distributions———
Net Investment Income$3,250,455$1,628,793$2,607,752
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Forsyth Medical Center Foundation is led by Heather Egan, Executive Director on every filing since 2022; 1 of 34 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Heather Egan

    Executive Director

    On filings since 2022

    25 hrs/week

    $158K (2022) → $172K (2024)

  • Rolland Barrett MD

    Trustee & Clin Ethics Med Executive Director Consult

    Trustee → Trustee & Clin Ethics Med Executive Director Consult, 2023

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • John Card MD

    Chair & Internist

    Trustee → Trustee, Chair & Internist, 2023

    Trustee, Chair & Internist → Chair & Internist, 2024

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Andrew Schneider MD

    Trustee & Chief of Staff

    Trustee → Trustee & Chief of Staff, 2024

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Bonnie Donahue

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • David Bailey

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Elizabeth Madden

    Trustee

    Treasurer → Trustee & Chair, 2023

    Trustee & Chair → Trustee, 2024

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Eva Wu

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Jaleema Speaks MD

    Trustee & Obgyn

    Trustee → Trustee, Obstetrician & Gynecologist, 2023

    Trustee, Obstetrician & Gynecologist → Trustee & Obgyn, 2024

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Joseph Ely

    Trustee

    Vice Chair → Trustee & Vice Chair, 2023

    Trustee & Vice Chair → Trustee, 2024

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Larry Pulliam

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Mary Fowler

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Ronnie Willard

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Stephanie Flores De Valgaz

    Trustee

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Thomas Grote MD

    Trustee & Oncologist

    Trustee → Trustee & Oncologist, 2023

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Andrea Gendrachi

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Charles Blixt

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Gary Ortiz

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Gwendolyn Clements

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • John Wolfe

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • John-Mark Mitchell

    Trustee

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Damon Sanders-Pratt

    Trustee

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Gregory Brewer

    Trustee

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Henri Cancio-Fitzgerald

    Trustee

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Suzanne Jabbour

    Trustee

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Thomas McDaniel

    Trustee

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Dorothy Ann Caulkins

    Senior Vice President Fdn

    Senior Vice President Foundations → Senior Vice President Fdn, 2023

    On filings since 2022

    8 hrs/week

    No compensation reported

  • Joseph Logan

    Vice Chair

    Trustee → Trustee & Vice Chair, 2023

    Trustee & Vice Chair → Vice Chair, 2024

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Kimberly Henderson

    Fmr Officer

    Fmr Senior Vice President Foundations → Fmr Officer, 2023

    On filings since 2022

    No compensation reported

  • Sherry Polonsky

    Treasurer

    Trustee → Treasurer, 2023

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Tadelro Brown

    Secretary

    Trustee → Secretary, 2023

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Geoffrey Gardner

    CFO

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Alice Pope

    Executive Vice President & CFO

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Sharon Harrington

    Vice President Chief Philanthropy Officer

    New on the 2024 filing

    8 hrs/week

    No compensation reported

Former officers (44)
  • Former: Damon Pratt (2022–2023) — Trustee
  • Former: Elms Allen MD (2022–2023) — Trustee
  • Former: Fred Hargett (2022–2023) — Executive Vice President & CFO
  • Former: Andrew Harding (2022) — Trustee
  • Former: Ashleigh Hargrave (2022) — Trustee
  • Former: Brenda Diggs (2022) — Trustee
  • Former: Deborah Marshall (2022) — Chair
  • Former: Karen Bovender (2022) — Trustee
  • Former: Leesha Fuller-Andrews (2022) — Secretary
  • Former: William Hayes (2022) — Trustee
  • Former: Allen Elms MD (2020–2021) — Trustee
  • Former: Bailey David (2020–2021) — Trustee
  • Former: Barrett Rolland MD (2020–2021) — Trustee
  • Former: Brown Tadelro (2020–2021) — Trustee
  • Former: Cameron Mary (2020–2021) — Trustee
  • Former: Card John MD (2020–2021) — Trustee
  • Former: Caulkins Dorothy (2020–2021) — Senior Vice President Foundations
  • Former: Egan Heather (2020–2021) — Chief Development Officer
  • Former: Ely Joseph (2020–2021) — Vice Chair
  • Former: Grote Thomas MD (2020–2021) — Trustee
  • Former: Henderson Kimberly (2020–2021) — Fmr Senior Vice President Foundations
  • Former: Logan Joseph (2020–2021) — Trustee
  • Former: Madden Elizabeth (2020–2021) — Treasurer
  • Former: Marshall Deborah (2020–2021) — Chair
  • Former: Polonsky Sherry (2020–2021) — Trustee
  • Former: Pratt Damon (2020–2021) — Trustee
  • Former: Warren Reba (2020–2021) — Trustee
  • Former: Willard Ronnie (2020–2021) — Trustee
  • Former: Wolfe Iv John (2020–2021) — Trustee
  • Former: Bovender Karen (2021) — Trustee
  • Former: Diggs Brenda (2021) — Trustee
  • Former: Fuller-Andrews Leesha (2021) — Secretary
  • Former: Harding Andrew (2021) — Trustee
  • Former: Hargrave Ashleigh (2021) — Trustee
  • Former: Hayes William (2021) — Trustee
  • Former: Schneider Andrew MD (2021) — Trustee
  • Former: Byers Kevin (2020) — Treasurer
  • Former: Carr Katheryn (2020) — Trustee
  • Former: Holmes Harold (2020) — Trustee
  • Former: Knight Annette (2020) — Chair
  • Former: Morris John (2020) — Assistant Secretary
  • Former: Myers Scott (2020) — Assistant Secretary
  • Former: Welch Edwin (2020) — Secretary
  • Former: Yarborough D. Cheff (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Heather Egan — Exec Director: $172KHeather EganExec Director$172K

The highest reported compensation on the 2024 filing was $172K, to Heather Egan (Exec Director).

Frequently asked questions about Forsyth Medical Center Foundation

How much does Forsyth Medical Center Foundation give each year?

Forsyth Medical Center Foundation gave $3.2M across 5 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $3.5M across 8 grants.

What is Forsyth Medical Center Foundation's typical grant size?

Forsyth Medical Center Foundation's median grant in 2024 was $125,000, and its average grant was $643,586, across 5 grants on its 2024 IRS Form 990 filing.

Where does Forsyth Medical Center Foundation give grants?

Forsyth Medical Center Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Winston-Salem, NC (5 grants).

Does Forsyth Medical Center Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Forsyth Medical Center Foundation's 2024 IRS Form 990 filing were described as general or operating support.

Who are Forsyth Medical Center Foundation's largest grantees?

Forsyth Medical Center Foundation's largest 2024 grantees include Novant Health Inc ($1,851,350), Forsyth Memorial Hospital Inc ($1,092,809) and Community Care Center for Forsyth County ($125,000), according to its 2024 IRS Form 990 filing. Together they received 95% of its itemized 2024 grant dollars.

How large is Forsyth Medical Center Foundation?

Forsyth Medical Center Foundation reported $89.5M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $5.1M.

What is Forsyth Medical Center Foundation?

Forsyth Medical Center Foundation is a nonprofit organization focused on Health, based in Winston-Salem, NC. It holds $89.5M in total assets as of 2024.

What is Forsyth Medical Center Foundation's EIN?

Forsyth Medical Center Foundation's EIN (Employer Identification Number) is 56-2120959. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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