Hendersonvance Healthcare Inc

Public charity · Grantmaker Henderson, NC EIN: 56-0603925

To be the premier healthcare provider in our market, committed to improving the lives of our staff and the community we serve.

Key facts about Hendersonvance Healthcare Inc

In short: Hendersonvance Healthcare Inc gave $1.7M across 2 grants in 2025 (avg $854K), mostly in North Carolina. Source: 2025 IRS Form 990.

EIN
56-0603925
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,707,845
Grants made (2025)
2
Average grant
$853,923
Median grant
$853,923
Total assets
$58,889,031
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$58.9M

+3.7% YoY

Annual Giving

$1.7M

+74.5% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$854K

-12.7% YoY

How Hendersonvance Healthcare Inc gives

  • Giving grew 242% from 2022 to 2025. Method

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

About Hendersonvance Healthcare Inc

Based on IRS filings

Hendersonvance Healthcare Inc is a public charity focused on Health, based in Henderson, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $58.9M in total assets. In 2025, it awarded 2 grants totaling $1.7M. Net investment income was $2.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

Cities

Henderson

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2020 1 grant2021 1 grant2022 2 grants2023 1 grant2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $500K (2022) to $1.7M (2025). In 2025 it made 2 grants totaling $1.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Triangle North Healthcare Foundation Inc: $914KTriangle North HealthcareFoundation Inc$914KHenderson Family YMCA: $794KHenderson Family YMCA$794K

The largest 2025 recipient was Triangle North Healthcare Foundation Inc ($914K). Together the top 2 received $1.7M.

Grant Size Distribution

7 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K6$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 6 grants of 7 (86%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Triangle North Healthcare Foundation Inc Henderson, NCTo Assist with Healthcare Issues in the Community.$914,000
Henderson Family YMCA Henderson, NCTo assist with architect fees to determine the feasibility of remodeling orcontructing a new ymca.$793,845

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$58,889,031$56,765,895$55,863,955
Revenue$3,939,206$1,970,200$905,411
Expenses$1,801,232$1,056,284$989,320
Net Investment Income$2,335,882$1,323,841$1,403,823

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 9, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS August 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

Hendersonvance Healthcare Inc is led by David Carver, Chairman since 2023 (on filings since 2020); none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Carver

    Chairman

    Vice Chairman → Chairman, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael H. Brafford

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ruth Jones

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • W. Rodwell Drake Jr. MD

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Woody Caudle

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chip Hight

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Mack Choplin

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Robert F. Noel Jr. MD (2020–2022) — Chairman
  • Former: Robert Fleming (2020–2022) — Board Member

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hendersonvance Healthcare Inc

How much does Hendersonvance Healthcare Inc give each year?

Hendersonvance Healthcare Inc gave $1.7M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $979K across 1 grant.

How large is Hendersonvance Healthcare Inc?

Hendersonvance Healthcare Inc reported $58.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.9M.

What is Hendersonvance Healthcare Inc?

Hendersonvance Healthcare Inc is a public charity focused on Health, based in Henderson, NC. It holds $58.9M in total assets as of 2025.

Where does Hendersonvance Healthcare Inc operate?

Hendersonvance Healthcare Inc has awarded grants in North Carolina.

What is Hendersonvance Healthcare Inc's EIN?

Hendersonvance Healthcare Inc's EIN (Employer Identification Number) is 56-0603925. IRS Form 990 filing data is available on this page for 2020–2025.

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

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