Forsyth Memorial Hospital Inc
Forsyth Memorial Hospital Inc is a public charity based in Winston-Salem, North Carolina. It operates as Novant Health Forsyth Medical Center, Novant Health Kernersville Medical Center, and Novant Health Clemmons Medical Center, along with provider-based physician practices. The organization says these facilities serve communities in Forsyth County and maintain an open-door policy, accepting patients regardless of ability to pay.
Forsyth Memorial Hospital Inc at a glance
In short: Forsyth Memorial Hospital Inc gave $2.1M across 22 grants in 2024 (avg $97K), mostly in North Carolina. 18% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,129,206
- -22.5% vs 2023
- Grants made (2024)
- 22
- -46.3% vs 2023
- Average grant
- $96,782
- +44.4% vs 2023
- Median grant
- $22,250
- Total assets
- $3,190,552,079
- +55.2% vs 2023
- New grantees (estimate)
- 18% first-time grantees (4 of 22, 2024; small sample)
- Primary geography
- North Carolina (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Forsyth Memorial Hospital Inc
- Contact
Mailing address: 2085 Frontis Plaza Blvd, Winston Salem, NC 27103
Phone: (336) 277-2411
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Forsyth Memorial Hospital Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Young Men's Christian Association of Northwest North Carolina ($948K). Together the top 10 received $2.0M.
Grant Size Distribution
152 grants across all recorded years
The most common grant size was under $50K: 127 grants of 152 (84%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to North Carolina recipients, which received 91%; Texas recipients received 6%, and New York recipients received 3%. The filing describes the hospital’s purpose as serving communities in Forsyth County, including Winston-Salem, Kernersville, and Clemmons. Its website also describes Forsyth Medical Center as serving patients from more than 22 counties in North Carolina and Virginia.
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
States
Cities
Is Forsyth Memorial Hospital Inc open to new grantees?
18%
first-time grantees, 2024
In 2024, 4 of 22 grantees (18%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $8K; repeat grants $116K. How we count
Medians: $9K first-time, $33K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $835K (2021) to $2.7M (2023). In 2024 it made 22 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Young Men's Christian Association of Northwest North Carolina Winston-Salem, NC | Support Access to Care | $948,206 |
| The Science Center and Environmental Park of Forsyth County DBA Sciworks Winston-Salem, NC | Support Maternal and Infant Health | $400,000 |
| Forsyth Healthcare Inc Winston-Salem, NC | Community Outreach | $150,000 |
| Senior Services Inc Winston-Salem, NC | Support Access to Care | $150,000 |
| American Heart Association Inc Dallas, TX | Community Outreach | $129,500 |
| The Leukemia & Lymphoma Society Inc Rye Brook, NY | Community Outreach | $62,000 |
| Piedmont Triad Partnership High Point, NC | Community Outreach | $45,000 |
| Young Women's Christian Association of the Central Carolinas Inc Charlotte, NC | Community Outreach | $40,000 |
| Greater Winston-Salem Chamber of Commerce Inc Winston-Salem, NC | Community Outreach | $40,000 |
| Second Harvest Food Bank of Northwest NC Inc Winston-Salem, NC | Community Outreach | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,190,552,079 | $1,560,678,254 | $1,566,534,081 | $2,129,206 | 22 | $597,672 |
| 2023 | $2,056,045,743 | $1,442,088,470 | $1,444,760,573 | $2,747,396 | 41 | $513,788 |
| 2022 | $2,102,000,445 | $1,377,864,424 | $1,409,445,707 | $1,529,900 | 40 | $945,729 |
| 2021 | $2,202,894,341 | $1,668,189,599 | $1,527,559,495 | $834,800 | 25 | $598,751 |
| 2020 | $2,063,331,863 | $1,551,372,846 | $1,443,848,191 | $1,240,635 | 24 | $409,589 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The 2024 filing says Forsyth Memorial Hospital exists to advance and support the promotion of health for communities in Forsyth County, including Winston-Salem, Kernersville, and Clemmons. The Novant Health mission stated in its community health plan is to create a healthier future and bring remarkable experiences to life.
In its 2024 grants, the organization listed purposes including access to care, maternal and infant health, community outreach, and workforce development. Recipients included organizations with varied missions. For example, Senior Services says its mission is to help older adults remain at home as long as possible and live with dignity, while Crosby Scholars says it prepares Forsyth County public middle and high school students for successful college enrollment. Kaleideum describes its mission as inspiring wonder, curiosity, and lifelong learning through interactive play and discovery.
Grantmaking
In 2024, Forsyth Memorial Hospital reported 22 grants totaling $2,129,206. Awards ranged from $6,000 to $948,206, with a median of $22,250. The largest listed grants included $948,206 to the Young Men’s Christian Association of Northwest North Carolina for access to care; $400,000 to the Science Center and Environmental Park of Forsyth County, doing business as SciWorks, for maternal and infant health; and $150,000 each to Forsyth Healthcare Inc. for community outreach and Senior Services Inc. for access to care.
Other listed awards included $129,500 to the American Heart Association for community outreach, $62,000 to the Leukemia & Lymphoma Society for community outreach, and $24,500 to Crosby Scholars Community Partnership for workforce development. The 2023 Novant Health announcement described community contribution cycles for Developing Healthy Communities and Expanding Opportunity Through Education, with applications for the education cycle due February 7, 2023. That deadline is in the past.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Avery Hall as chair. Listed trustees include Annette Knight, Ashley Perrott MD, Brian Smith MD, Carl Armato, Franklin Chen MD, Kristine Sims, and Lari Harding. The filing also lists Charles Hauser and Charles Welton as trustees through December 31, 2024.
Forsyth Memorial Hospital Inc is led by Carl Armato, Trustee, President & CEO Nh on every filing since 2023; 9 of 32 officers listed in 2024 are compensated.
Officers on the 2024 filing
Carl Armato
Trustee, President & CEO Nh
On filings since 2023
0.2 hrs/week
No compensation reported
Alisha Hutchens
President & COO
COO → President & COO, 2023
On filings since 2022
50 hrs/week
$449K (2022) → $552K (2024)
John Mann MD
Fmr President, COO & Senior Vice President Nh Inst
President & COO → Senior Vice President Nh Inst, 2023
Senior Vice President Nh Inst → Fmr President, COO & Senior Vice President Nh Inst, 2024
On filings since 2022
$979K (2022) → $0 (2024)
Michael Setliff
President Nhfmc & Gwm
On filings since 2022
50 hrs/week
$1M (2022) → $1.1M (2024)
Avery Hall
Chair
Secretary & Treasurer → Chair, 2023
On filings since 2022
0.5 hrs/week
No compensation reported
Ashley Perrott MD
Trustee & Senior Physician Executive
Trustee & Senior Physician Executive → Trustee & Senior Phys Executive, 2023
Trustee & Senior Phys Executive → Trustee & Senior Physician Executive, 2024
On filings since 2022
0.2 hrs/week
$527K (2022) → $447K (2024)
Franklin Chen MD
Trustee & Oncologist
Trustee & Clinical Physician Executive → Trustee & Clin Phys Executive, 2023
Trustee & Clin Phys Executive → Trustee & Oncologist, 2024
On filings since 2022
0.2 hrs/week
$653K (2022) → $0 (2024)
Charles Hauser
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Charles Welton
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Lari Harding
Trustee
Chair → Trustee, 2023
On filings since 2022
0.2 hrs/week
No compensation reported
Mark Owens
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Robert Landry
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Samuel Barefoot
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Tracey Martin
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
William Hall
Trustee
On filings since 2022
0.2 hrs/week
No compensation reported
Kristine Sims
Trustee
On filings since 2023
0.2 hrs/week
No compensation reported
Phyllis Caldwell-George
Trustee
On filings since 2023
0.2 hrs/week
No compensation reported
Annette Knight
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Brian Smith MD
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Randell Cain
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Stephen Williams
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Summer McGee
Trustee
New on the 2024 filing
0.2 hrs/week
No compensation reported
Kirsten Royster
Fmr Ke
Fmr President & COO Kmc → Fmr Ke, 2023
On filings since 2022
50 hrs/week
$689K (2022) → $750K (2024)
Roland Friedman MD
Urologist
On filings since 2022
45 hrs/week
$973K (2022) → $1.2M (2024)
Stanley Fuller MD
Senior Vice President Ch Clin Officer
Senior Vice President Chief Clinical Officer → Senior Vice President Ch Clin Officer, 2023
On filings since 2022
45 hrs/week
$790K (2022) → $832K (2024)
Hassan Alhosaini MD
Cardiologist
New on the 2024 filing
45 hrs/week
$831K (2024)
Oliver Benton MD
Urologist
New on the 2024 filing
45 hrs/week
$757K (2024)
Paul McClain MD
Urologist
New on the 2024 filing
45 hrs/week
$835K (2024)
Linda Latham
Vice Chair
On filings since 2022
0.5 hrs/week
No compensation reported
Mike Horn
Secretary & Treasurer
Trustee → Secretary & Treasurer, 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
Former officers (39)
- Former: Fred Hargett (2022–2023) — Executive Vice President & CFO
- Former: Imen Clark (2022–2023) — Trustee
- Former: Judson Rackley MD (2023) — Urologist
- Former: Susan Hines MD (2023) — Oncologist
- Former: Brandon Craven (2022) — Urologist
- Former: Christopher Leon (2022) — Trustee
- Former: Kathleen Elliott (2022) — Oncologist
- Former: Baker William (2020–2021) — Oncologist
- Former: Barefoot Samuel (2020–2021) — Trustee
- Former: Brown Candice (2020–2021) — Trustee
- Former: Collins Timothy (2020–2021) — Oncologist
- Former: Edwards Joel MD (2020–2021) — Trustee & Physician
- Former: Elliott Kathleen (2020–2021) — Oncologist
- Former: Foriest Bryant (2020–2021) — Trustee
- Former: Friedman Roland (2020–2021) — Urologist
- Former: Hall Avery (2020–2021) — Secretary & Treasurer
- Former: Harding Lari (2020–2021) — Chair
- Former: Hauser Charles (2020–2021) — Trustee
- Former: Horn Mike (2020–2021) — Trustee
- Former: Landry Robert (2020–2021) — Trustee
- Former: Latham Linda (2020–2021) — Vice Chair
- Former: Leon Christopher (2020–2021) — Trustee
- Former: Mann John (2020–2021) — President & COO
- Former: Martin Tracey (2020–2021) — Trustee
- Former: Nycum Lawrence MD (2020–2021) — Fmr Senior Vice President & CCO
- Former: Owens Mark (2020–2021) — Trustee
- Former: Royster Kirsten (2020–2021) — President & COO Kmc
- Former: Setliff Michael (2020–2021) — President & COO
- Former: Smith Harry (2020–2021) — Fmr Senior Vice President Hosp Ops
- Former: Welton Charles (2020–2021) — Trustee
- Former: Wolfe Iii John (2020–2021) — Trustee
- Former: Chen Franklin MD (2021) — Trustee & Physician
- Former: Dugan James (2021) — Oncologist
- Former: Perrott Ashley MD (2021) — Trustee & Physician
- Former: Berger William MD (2020) — Trustee
- Former: Bright Janet (2020) — Fmr Vice President Nursing & Market Cno
- Former: Healy Joan (2020) — Assistant Secretary
- Former: Johnson Joia (2020) — Chair
- Former: Zeylikman Yuriy (2020) — Neurologist
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
The highest reported compensation on the 2024 filing was $1.2M, to Roland Friedman MD (Urologist). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Forsyth Memorial Hospital Inc
How much does Forsyth Memorial Hospital Inc give each year?
Forsyth Memorial Hospital Inc gave $2.1M across 22 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.7M across 41 grants.
What is Forsyth Memorial Hospital Inc's typical grant size?
Forsyth Memorial Hospital Inc's median grant in 2024 was $22,250, and its average grant was $96,782, across 22 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Forsyth Memorial Hospital Inc that year got $8K on average.
Where does Forsyth Memorial Hospital Inc give grants?
Forsyth Memorial Hospital Inc gives mostly in North Carolina: 91% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Texas (6%). The most frequent recipient cities were Winston-Salem, NC (12 grants) and High Point, NC (2 grants).
Does Forsyth Memorial Hospital Inc give general operating support?
Not in 2024: none of the 22 grants with a stated purpose on Forsyth Memorial Hospital Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Outreach" (17 grants).
Who are Forsyth Memorial Hospital Inc's largest grantees?
Forsyth Memorial Hospital Inc's largest 2024 grantees include Young Men's Christian Association of Northwest North Carolina ($948,206), The Science Center and Environmental Park of Forsyth County DBA Sciworks ($400,000) and Forsyth Healthcare Inc ($150,000), according to its 2024 IRS Form 990. Together they received 70% of its itemized 2024 grant dollars.
How large is Forsyth Memorial Hospital Inc?
Forsyth Memorial Hospital Inc reported $3.2B in total assets on its 2024 IRS Form 990. Its revenue that year was $1.6B.
What does Forsyth Memorial Hospital Inc fund?
The 2024 filing says Forsyth Memorial Hospital exists to advance and support the promotion of health for communities in Forsyth County, including Winston-Salem, Kernersville, and Clemmons. See mission & focus areas ↑
How do I apply for a grant from Forsyth Memorial Hospital Inc?
Forsyth Memorial Hospital Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Forsyth Memorial Hospital Inc's EIN?
Forsyth Memorial Hospital Inc's EIN (Employer Identification Number) is 56-0928089. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Forsyth Memorial Hospital Inc funds
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Cite this profile
Grantable. (2026). Forsyth Memorial Hospital Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/forsyth-memorial-hospital-inc-morg_03160c65cfbb4f579ae8b8efb8bf35de
BibTeX
@misc{grantable_560928089_2026,
author = {{Grantable}},
title = {{Forsyth Memorial Hospital Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/forsyth-memorial-hospital-inc-morg_03160c65cfbb4f579ae8b8efb8bf35de},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Forsyth Memorial Hospital Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Forsyth Memorial Hospital Inc down — hundreds of funders to go?