Moses H Cone Memorial Hospital Operating Corporation is a 501(c)(3) nonprofit healthcare organization based in Greensboro, North Carolina. The organization operates hospital facilities and serves as the strategic oversight and support entity for subsidiary corporations within the Cone Health System, a provider of healthcare services to the community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0B
+16.4% YoY
Annual Giving
$6.6M
+329.2% YoY
Grant Count
42
+2.4% YoY
Avg Grant Size
$157K
+319.0% YoY
Mission & Focus Areas
Mission Statement: "We serve our communities by preventing illness, restoring health and providing comfort, through exceptional people delivering exceptional care."
The organization's primary focus is the provision of healthcare services. During the fiscal year covered in recent filings, the system had a total of 11,431 patient discharges, 59,337 days of care, 293,963 total outpatient and telehealth visits, and an average daily census of 645.0.
Grantmaking
The organization makes grants with typical award sizes ranging from $5,500 to $5,000,000. Recent grantmaking activity includes:
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Geographic Focus
Where this funder awards grants
The organization primarily funds initiatives in North Carolina, Virginia, and Texas.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $1,998,205,395
- Total Revenues: $598,632,199
- Total Expenses: $550,308,780
- Total Giving: $186,607
As of 2023:
- Revenue: $1.93 billion
- Expenses: $1.75 billion
- Total Assets: $1.72 billion
- Total Liabilities: $258 million
Staffing: The organization employs 12,773 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,997,262,448 | $1,716,180,015 | $1,450,926,626 |
| Revenue | $2,307,557,291 | $1,929,317,490 | $1,647,783,819 |
| Expenses | $2,042,818,228 | $1,745,593,096 | $1,611,711,413 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $17,563,119 | $6,132,672 | $-1,601,625 |
| 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
160 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City of Greensboro ($5,000,000), Greensboro Chamber of Commerce ($192,412), Shift Education ($180,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACTION GREENSBORO GREENSBORO, NC | SUPPORT OF THE COMMUNITY | $12,500 |
| ALAMANCE CHAMBER OF COMMERCE BURLINGTON, NC | SUPPORT OF THE COMMUNITY | $12,000 |
| AMERICAN CANCER SOCIETY ATLANTA, GA | SUPPORT OF THE COMMUNITY | $30,000 |
| AMERICAN HEART ASSOC DALLAS, TX | PROMOTION OF HEALTHY LIFESTYLES | $50,000 |
| ASHEBORO RANDOLPH CHAMBER OF COMMERCE ASHEBORO, NC | SUPPORT OF THE COMMUNITY | $7,894 |
| AUTHORACARE COLLECTIVE GREENSBORO, NC | SUPPORT OF THE COMMUNITY | $106,500 |
| DIABETES FAMILY CONNECTION RALEIGH, NC | SPONSORSHIP CAMP MORRIS | $20,000 |
| ELON UNIVERSITY ELON, NC | EDUCATION AND ADVOCACY | $72,340 |
| FAMILY SERVICE OF THE PIEDMONT JAMESTOWN, NC | SUPPORT OF THE COMMUNITY | $20,000 |
| FAMILY SUPPORT NETWORK OF CENT GREENSBORO, NC | SUPPORT OF THE COMMUNITY | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAGLE MD MARY JO | PRESIDENT & CEO | 40 | $1,587,536 |
| PRIEST MD MARLON | EXE VP & ASST SEC THRU 02/24 | 40 | $902,565 |
| KATRAGADDA SREEDHAR | PHYSICIAN | 40 | $930,404 |
| EATON MANDY | CHIEF OPERATING OFFICER | 40 | $861,178 |
| BOKSHAN STEVEN | PHYSICIAN | 40 | $834,526 |
| HAMMOCK PRESTON | SVP & PRESIDENT MOSES CONE HOS | 40 | $765,653 |
| BARROW ANDREW | CFO & SECRETARY | 40 | $719,090 |
| PATEL BAKUL | EVP & CHIEF INFORMATION OFFICE | 40 | $710,000 |
| AKIN TERRENCE | FORMER PRESIDENT & CEO | 40 | $735,294 |
| CARTER ROBERT | SVP & CHIEF LEGAL COUNSEL | 40 | $563,659 |
| CASTANEDA MAYORGA DANIEL | PHYSICIAN | 40 | $601,965 |
| THEKKEKANDAM THOMAS | PHYSICIAN | 40 | $593,736 |
| MILLER JOHN | CIO & TREASURER | — | — |
| CORNUE CHRISTOPHER | EXECUTIVE VP & ASSISTANT SECRE | 40 | $514,675 |
| SWORDS BRUCE | FORMER CHIEF PHYSICIAN EXEC. | 40 | $518,717 |
| ADAMOLEKUN MICHELLE | EXECUTIVE VP & ASSITANT SECRE | 40 | $432,455 |
| REMPHER KENNETH | FORMER EVP & ASST. SECRETARY | 40 | $495,267 |
| ANTRUM DNP VI-ANNE | EXECUTIVE VP & ASSISTANT SECRE | 40 | $453,879 |
| JEFFREY PAUL | SVP & PRES. WESLEY LONG HOSP. | 40 | $452,610 |
| STUCKEY MD THOMAS | TRUSTEE | 40 | $224,683 |
| NELMS JASON | VP & ASSISTANT TREASURER | 40 | $265,644 |
| FORTNEY CATHARINE | VP & CHIEF COMPLIANCE OFFICER | 40 | $256,964 |
| HAYWOOD MEHEE | ASSISTANT TREASURER | — | — |
| SMITH RENE | ASSISTANT TREASURER | 40 | $193,809 |
| KITZMILLER DAVID | ASSISTANT TREASURER | 40 | $166,597 |
| BOYLSTON MD YUN | TRUSTEE | — | — |
| BRANDON MD ASHLEY | TRUSTEE | — | — |
| CAMPBELL PHD LENORA | TRUSTEE | — | — |
| CHANDLER THOMAS | TRUSTEE | — | — |
| CONE EDWARD | TRUSTEE | — | — |
| DONNELLY ABBY | TRUSTEE | — | — |
| DOUGLAS MAE | CHAIR | — | — |
| FRENCH DAVID | TRUSTEE | — | — |
| GONZALEZ MARIA | TRUSTEE | — | — |
| HAYES WILLIAM | VICE CHAIR | — | — |
| MCIVOR WILLIAM | TRUSTEE | — | — |
| SAMET ARTHUR | TRUSTEE | — | — |
| STRINGER MD ARTHUR | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Moses H Cone Memorial Hospital fund?
**Mission Statement:** "We serve our communities by preventing illness, restoring health and providing comfort, through exceptional people delivering exceptional care." The organization's primary focus is the provision of healthcare services. During the fiscal year covered in recent filings, the system had a total of 11,431 patient discharges, 59,337 days of care, 293,963 total outpatient and telehealth visits, and an average daily census of 645.0.
How do I apply for a grant from Moses H Cone Memorial Hospital?
The organization makes grants with typical award sizes ranging from $5,500 to $5,000,000. Recent grantmaking activity includes: • **Greensboro Children's Museum (GCM)** - $25,000 for support of the community (2024) • **The Conference Board** - $25,000 for support of the community (2024) Grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, primarily in North Carolina, Virginia, and Texas.
Where does Moses H Cone Memorial Hospital make grants?
The organization primarily funds initiatives in North Carolina, Virginia, and Texas.
What size grants does Moses H Cone Memorial Hospital award?
In 2024, Moses H Cone Memorial Hospital awarded 42 grants totaling $6.6M — an average of about $157K per grant, based on its IRS Form 990 filings.
What is Moses H Cone Memorial Hospital's EIN?
Moses H Cone Memorial Hospital's EIN (Employer Identification Number) is 58-1588823. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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