Moses H Cone Memorial Hospital Operating Corporation

Public charity · Grantmaker Greensboro, NC EIN: 58-1588823

Moses H Cone Memorial Hospital Operating Corporation is a public charity based in Greensboro, North Carolina. Its primary activity is providing healthcare services; the 2024 filing reports 11,431 patient discharges, 59,337 days of care, 293,963 outpatient and telehealth visits, and an average daily census of 645.

Key facts about Moses H Cone Memorial Hospital Operating Corporation

In short: Moses H Cone Memorial Hospital Operating Corporation gave $6.7M across 47 grants in 2024 (avg $142K), mostly in North Carolina. 33% of 2024 grantees were new. Source: 2024 IRS Form 990.

EIN
58-1588823
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$6,678,036
Grants made (2024)
47
Average grant
$142,086
Median grant
$25,000
New grantees (estimate)
33% first-time grantees (15 of 45, 2024)
Total assets
$1,998,205,395
Primary geography
North Carolina (98% of itemized 2024 grant dollars)
How to apply
Cone Health’s community grant program requires applicants to be 501(c)(3) organizations, professionally managed and able to demonstrate sound financial stewardship and that grant proceeds will benefit the stated… Full details ↓
Deadline
The published application schedule lists review periods in June and November, with submission deadlines of April 24…

Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 · Covers 15 months (fiscal year-end changed) · View filing

Total Assets

$2.0B

+16.4% YoY

Annual Giving

$6.7M

Grant Count

47

Avg Grant Size

$142K

Is Moses H Cone Memorial Hospital Operating Corporation open to new grantees?

33%

first-time grantees, 2024

In 2024, 15 of 45 grantees (33%) were first-time recipients. First grants averaged $367K; repeat grants $39K. How we count

Medians: $25K first-time, $25K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The organization’s stated mission is to serve its communities by preventing illness, restoring health and providing comfort through exceptional people delivering exceptional care.

Its 2024 grants included support for health equity and healthy communities, community organizations, education and advocacy, and healthy lifestyles. Among the supported organizations, the Greensboro Area Chamber of Commerce describes its mission as economic and community development; Shift Education says it works to accelerate student potential through educational programs; and Reading Connections says it improves literacy and promotes educational equity. These are the grantees’ stated missions, not the funder’s.

Grantmaking

In 2024, the organization reported 47 grants totaling $6,678,036. Grant amounts ranged from $7,500 to $5,000,000, with a median of $25,000.

The largest reported grant was $5,000,000 to the City of Greensboro for health equity and healthy communities. Other large grants included $192,412 to the Greensboro Chamber of Commerce for community support, $180,000 to Shift Education for community support, $106,500 to AuthoraCare Collective for community support, and $100,000 to United Way of Greater Greensboro to support community nonprofit organizations. Additional recipients included Family Support Network of Central Carolina ($75,000), Elon University ($72,340), Reading Connections ($65,000), UNC Greensboro ($50,100), and the American Heart Association ($50,000).

Review Cycle

The published application schedule lists review periods in June and November, with submission deadlines of April 24 and October 25. These dates are past cycles as of October 2, 2026.

How to Apply

Cone Health’s community grant program requires applicants to be 501(c)(3) organizations, professionally managed and able to demonstrate sound financial stewardship and that grant proceeds will benefit the stated charitable cause rather than administrative or overhead costs. Applicants must align their purpose with at least one of Cone Health’s giving values: Prevention, Access, Outstanding Patient Outcomes, or Support in Times of Challenge. The application requires organizational and contact information, and applicants must provide their most recent IRS Form 990 upon request. Approved recipients must submit an official invoice and W-9 to receive payment. The program excludes individuals; political causes, candidates, organizations, and campaigns; individual schools other than institutes of higher education; for-profit organizations; youth sports teams and similar groups; organizations that discriminate on listed protected grounds; and faith-based organizations, including individual churches. Only one application per organization is reviewed per calendar year, and a recipient cannot receive an additional grant in the same calendar year. Prior awards do not guarantee future funding.

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Geographic Focus

Where this funder awards grants

The 2024 filing reports that 98% of grant dollars went to North Carolina recipients; smaller shares went to recipients in Texas, Georgia, New York, and Alabama. The 2025 annual report identifies Cone Health’s service region as Alamance, Forsyth, Guilford, Randolph, and Rockingham counties.

Grant Distribution by State

10states

Share of 2024 grant dollars across all 47 itemized grants.

Cities

GreensboroReidsvilleBurlingtonJamestownRaleighEdenWinston-SalemAlexandriaDallasCaryHigh PointElonGrahamKernersvilleCharlotteKansas CityKennesawPleasant GardenWentworthArlington

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M41 grants2019 25 grants2020 24 grants2021 28 grants2022 41 grants2023 47 grants2024* Covers 15 months (fiscal year-end changed)

From 2019 to 2024, annual grant giving ranged from $600K (2020) to $6.7M (2024, 15 months). In 2024 it made 47 grants totaling $6.7M.

*2024: Covers 15 months (fiscal year-end changed).

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

City of Greensboro: $5.0MCity of Greensboro$5.0MGreensboro Chamber of Commerce: $192KGreensboro Chamber of Commerce$192KShift Education: $180KShift Education$180KAuthoracare Collective: $107KAuthoracare Collective$107KUnited Way of Greater Greensbo: $100KUnited Way of Greater Greensbo$100KFamily Support Network of Cent: $75KFamily Support Network of Cent$75KElon University: $72KElon University$72KReading Connections: $65KReading Connections$65KUNC Greensboro: $50KUNC Greensboro$50KAmerican Heart Assoc: $50KAmerican Heart Assoc$50K

The largest 2024 recipient was City of Greensboro ($5.0M). Together the top 10 received $5.9M.

Grant Size Distribution

165 grants across all recorded years

125<$50K20$50–100K17$100–250K2$250–500K$500K–1M$1–5M1$5M+

The most common grant size was under $50K: 125 grants of 165 (76%).

Giving History

Grant recipients and amounts by year

*2024: Covers 15 months (fiscal year-end changed).

RecipientPurposeAmount
City of Greensboro Greensboro, NCHealth Equity & Healthy Communities$5,000,000
Greensboro Chamber of Commerce Greensboro, NCSupport of the Community$192,412
Shift Education Greensboro, NCSupport of the Community$180,000
Authoracare Collective Greensboro, NCSupport of the Community$106,500
United Way of Greater Greensbo Greensboro, NCSupport of Community Non-Profit Organizations$100,000
Family Support Network of Cent Greensboro, NCSupport of the Community$75,000
Elon University Elon, NCEducation and Advocacy$72,340
Reading Connections Greensboro, NCEducation and Advocacy$65,000
UNC Greensboro Greensboro, NCEducation and Advocacy$50,100
American Heart Assoc Dallas, TXPromotion of Healthy Lifestyles$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $1,998,205,395 $2,906,189,490 $2,593,127,008 $6,678,036
2023 $1,716,180,015 $1,929,317,490 $1,745,593,096 $1,535,125
2022 $1,450,926,626 $1,647,783,819 $1,611,711,413 $1,489,964
Revenue
Expenses
Net Investment Income
$0$1B$2B$3B$4B2019 2020 2021 2022 2023 2024* Covers 15 months (fiscal year-end changed)

*2024: Covers 15 months (fiscal year-end changed).

Metric2024*20232022
Total Assets$1,998,205,395$1,716,180,015$1,450,926,626
Revenue$2,906,189,490$1,929,317,490$1,647,783,819
Expenses$2,593,127,008$1,745,593,096$1,611,711,413
Net Investment Income$19,743,800$6,132,672$-1,601,625

*2024: Covers 15 months (fiscal year-end changed).

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 14, 2021)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS August 10, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 14, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 18, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Mary Jo Cagle, MD, as president and CEO; Mandy Eaton as chief operating officer; Andrew Barrow as CFO and secretary; and Preston Hammock as senior vice president and president of Moses Cone Hospital. It also lists Marlon Priest, MD, as executive vice president and assistant secretary through February 2024, and identifies Sreedhar Katragadda, MD; Steven Bokshan, MD; Valerie Leschber, MD; and Priyanka Yadav, MD, as physicians, and Robert Carter as senior vice president and chief legal counsel.

Moses H Cone Memorial Hospital Operating Corporation is led by Cagle Md Mary Jo, President & CEO since 2021 (on filings since 2019); 20 of 35 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Cagle Md Mary Jo

    President & CEO

    Chief Operating Officer → President & CEO, 2021

    On filings since 2019

    40 hrs/week

    $1.6M (2021) → $2.3M (2024)

  • Hammock Preston

    Senior Vice President & President Moses Cone Hos

    President Armc, McH & Senior Vice President → Senior Vice President & President Moses Cone Hos, 2021

    On filings since 2020

    40 hrs/week

    $640K (2021) → $815K (2024)

  • Douglas Mae

    Chair

    Trustee → Chair & Trustee, 2021

    Chair & Trustee → Chair, 2024

    On filings since 2019

    No compensation reported

  • Stuckey Md Thomas

    Trustee

    New on the 2024 filing

    40 hrs/week

    $119K (2024)

  • Boylston Md Yun

    Trustee

    On filings since 2019

    No compensation reported

  • Cone Edward

    Trustee

    On filings since 2019

    No compensation reported

  • Campbell Phd Lenora

    Trustee

    On filings since 2021

    No compensation reported

  • Brandon Md Ashley

    Trustee

    On filings since 2022

    No compensation reported

  • Gonzalez Maria

    Trustee

    On filings since 2022

    No compensation reported

  • Samet Arthur

    Trustee

    On filings since 2022

    No compensation reported

  • Stringer Md Arthur

    Trustee

    On filings since 2022

    No compensation reported

  • Chandler Thomas

    Trustee

    On filings since 2023

    No compensation reported

  • French David

    Trustee

    On filings since 2023

    No compensation reported

  • Donnelly Abby

    Trustee

    New on the 2024 filing

    No compensation reported

  • McIvor William

    Trustee

    New on the 2024 filing

    No compensation reported

  • Barrow Andrew

    CFO & Secretary

    Assistant Treasurer → CFO & Secretary, 2021

    On filings since 2019

    40 hrs/week

    $437K (2019) → $978K (2024)

  • Carter Robert

    Senior Vice President & Chief Legal Counsel

    Vice President & General Counsel → Senior Vice President & Chief Legal Counsel, 2024

    On filings since 2019

    40 hrs/week

    $532K (2019) → $782K (2024)

  • Eaton Mandy

    Chief Operating Officer

    Executive Vice President & Assistant Secretary → COO, 2021

    COO → Chief Operating Officer, 2024

    On filings since 2019

    40 hrs/week

    $330K (2019) → $1.3M (2024)

  • Kitzmiller David

    Assistant Treasurer

    On filings since 2019

    40 hrs/week

    $170K (2019) → $211K (2024)

  • Smith Rene

    Assistant Treasurer

    On filings since 2020

    40 hrs/week

    $210K (2020) → $250K (2024)

  • Adamolekun Michelle

    Executive Vice President & Assistant Secretary

    On filings since 2021

    40 hrs/week

    $171K (2022) → $597K (2024)

  • Katragadda Sreedhar

    Physician

    On filings since 2021

    40 hrs/week

    $889K (2021) → $1M (2024)

  • Priest Md Marlon

    Exe Vice President & Assistant Secretary

    Chief Clinical Officer → Exe Vice President & Assistant Secretary, 2024

    On filings since 2021

    40 hrs/week

    $756K (2022) → $2M (2024)

  • Antrum Dnp Vi-Anne

    Executive Vice President & Assistant Secretary

    On filings since 2023

    40 hrs/week

    $488K (2023) → $584K (2024)

  • Fortney Catharine

    Vice President & Chief Compliance Officer

    Vice President, Chief Compliance & Priv → Vice President & Chief Compliance Officer, 2024

    On filings since 2023

    40 hrs/week

    $264K (2023) → $357K (2024)

  • Leschber Valerie

    Physician

    Chief Medical Officer & Senior Vice President → Physician, 2024

    On filings since 2023

    40 hrs/week

    $583K (2023) → $790K (2024)

  • Nelms Jason

    Vice President & Assistant Treasurer

    Vice President & Assistant T → Vice President & Assistant Treasurer, 2024

    On filings since 2023

    40 hrs/week

    $40K (2023) → $341K (2024)

  • Bokshan Steven

    Physician

    New on the 2024 filing

    40 hrs/week

    $982K (2024)

  • Castaneda Mayorga Daniel

    Physician

    New on the 2024 filing

    40 hrs/week

    $641K (2024)

  • Cornue Christopher

    Executive Vice President & Assistant Secretary

    New on the 2024 filing

    40 hrs/week

    $714K (2024)

  • Sinopoli Md Angelo

    Executive Vice President & Assistant Secretary

    New on the 2024 filing

    40 hrs/week

    $568K (2024)

  • Yadav Priyanka

    Physician

    New on the 2024 filing

    40 hrs/week

    $747K (2024)

  • Haywood Mehee

    Assistant Treasurer

    On filings since 2019

    No compensation reported

  • Miller John

    CIO & Treasurer

    CIO & Treasurer → Chief Investment Officer & Treasurer, 2020

    Chief Investment Officer & Treasurer → CIO & Treasurer, 2021

    On filings since 2019

    No compensation reported

  • Hayes William

    Vice Chair

    Trustee → Vice Chair, 2024

    On filings since 2021

    No compensation reported

Former officers (43)
  • Former: Akin Terrence (2019–2023) — President & Chief Executive of
  • Former: Cunningham Deborah (2019–2023) — Senior Vice President & President Women's Health
  • Former: Jeffrey Paul (2019–2023) — Senior Vice President & President Wesley Long Ho
  • Former: Jones Jeffrey (2019–2023) — Chief Financial Officer & Secretary
  • Former: Kibbe Ike (2019–2023) — Senior Vice President
  • Former: Maxwell MD James (2019–2023) — Vice Chair & Trustee
  • Former: Rempher PhD Kenneth (2019–2023) — Executive Vice President & Assistant Secretary
  • Former: Roskelly James (2019–2023) — Executive Vice President & Assistant Secretary
  • Former: Simms Carole (2019–2023) — Trustee
  • Former: Swords Bruce (2019–2023) — Chief Physician Executive
  • Former: Meador Joe (2021–2023) — Assistant Treasurer
  • Former: Patel Bakul (2021–2023) — Executive Vice President & Chief Information Officer
  • Former: Cornue Christohper (2022–2023) — Executive Vice President & Assistant Secretary
  • Former: Shankar Ravi (2023) — Physician
  • Former: Evans Joan (2019–2022) — Chief of Staff
  • Former: Hornday FD (2019–2022) — Trustee
  • Former: Johnson Julie (2019–2022) — Assistant Treasurer
  • Former: Schanel Judith (2019–2022) — Chief Operating Officer
  • Former: Simms Michael (2019–2022) — Vice President & Assistant Treasurer
  • Former: Balsley III Jacob (2021–2022) — Trustee
  • Former: DeLeon Dereck (2021–2022) — Chief Academic Officer
  • Former: Burt Noel (2019–2021) — Executive Vice President & Assistant Secretary
  • Former: Kitchen J Edward (2019–2021) — Trustee
  • Former: Street Rex (2019–2021) — Vice President & Assistant Treasurer
  • Former: Booker Corenthian (2021) — Physician
  • Former: Goldstein MD Robert (2021) — Physician
  • Former: McQueen MD Chapman (2021) — Trustee
  • Former: Balsley III Jacob B (2019–2020) — Trustee
  • Former: Campbell MD John (2019–2020) — Physician
  • Former: Campbell PhD Lenora R (2019–2020) — Trustee
  • Former: Clontz Timothy (2019–2020) — Senior Vice President & Assistant Secretary
  • Former: Davidson III Dwight M (2019–2020) — Vice Chair
  • Former: Foster Mickey (2019–2020) — Senior Vice President & President the Moses H. C
  • Former: Hayes William B (2019–2020) — Trustee
  • Former: Kumar Archana (2019–2020) — Physician
  • Former: McQueen MD Chapman T (2019–2020) — Trustee
  • Former: Wright Patrick (2019–2020) — Physician
  • Former: Jonnalagadda Janardhana (2020) — Physician
  • Former: Gant Jr Allen E (2019) — Trustee
  • Former: Keeling MD Wayne (2019) — Trustee
  • Former: Leeper David (2019) — Trustee
  • Former: McAllister Lee (2019) — Trustee
  • Former: Windham MD Toby (2019) — Physician

Data from IRS Form 990 filings, 2019–2024. "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

Cagle MD Mary Jo — President & CEO: $2.3MCagle MD Mary JoPresident & CEO$2.3MPriest MD Marlon — EXE VP & Asst Sec Thru 02/24: $2.0MPriest MD MarlonEXE VP & Asst Sec Thru 02/24$2.0MEaton Mandy — Chief Operating Officer: $1.3MEaton MandyChief Operating Officer$1.3MKatragadda Sreedhar — Physician: $1.0MKatragadda SreedharPhysician$1.0MBokshan Steven — Physician: $982KBokshan StevenPhysician$982KBarrow Andrew — CFO & Secretary: $978KBarrow AndrewCFO & Secretary$978KHammock Preston — SVP & President Moses Cone HOS: $815KHammock PrestonSVP & President Moses Cone HOS$815KLeschber Valerie — Physician: $790KLeschber ValeriePhysician$790KCarter Robert — SVP & Chief Legal Counsel: $782KCarter RobertSVP & Chief Legal Counsel$782KYadav Priyanka — Physician: $747KYadav PriyankaPhysician$747KCornue Christopher — Executive VP & Asst Secretary: $714KCornue ChristopherExecutive VP & Asst Secretary$714KCastaneda Mayorga Daniel — Physician: $641KCastaneda Mayorga DanielPhysician$641KAdamolekun Michelle — Executive VP & Asst Secretary: $597KAdamolekun MichelleExecutive VP & Asst Secretary$597KAntrum DNP VI-Anne — Executive VP & Asst Secretary: $584KAntrum DNP VI-AnneExecutive VP & Asst Secretary$584KSinopoli MD Angelo — Executive VP & Assistant Secre: $568KSinopoli MD AngeloExecutive VP & Assistant Secre$568KFortney Catharine — VP & Chief Compliance Officer: $357KFortney CatharineVP & Chief Compliance Officer$357KNelms Jason — VP & Assistant Treasurer: $341KNelms JasonVP & Assistant Treasurer$341KSmith Rene — Assistant Treasurer: $250KSmith ReneAssistant Treasurer$250KKitzmiller David — Assistant Treasurer: $211KKitzmiller DavidAssistant Treasurer$211KStuckey MD Thomas — Trustee: $119KStuckey MD ThomasTrustee$119K

The highest reported compensation on the 2024 filing was $2.3M, to Cagle MD Mary Jo (President & CEO). 20 officers or directors reported compensation on that filing.

Contact

Mailing address: 1200 North Elm Street, Greensboro, NC 27401
Phone: (336) 832-7000

Frequently asked questions about Moses H Cone Memorial Hospital Operating Corporation

How much does Moses H Cone Memorial Hospital Operating Corporation give each year?

Moses H Cone Memorial Hospital Operating Corporation gave $6.7M across 47 grants in 2024, according to its 2024 IRS Form 990. The 2024 filing year covers 15 months because its fiscal year-end changed. In 2023 it gave $1.5M across 41 grants.

What is Moses H Cone Memorial Hospital Operating Corporation's typical grant size?

Moses H Cone Memorial Hospital Operating Corporation's median grant in 2024 was $25,000, and its average grant was $142,086, across 47 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Moses H Cone Memorial Hospital Operating Corporation that year got $367K on average.

Where does Moses H Cone Memorial Hospital Operating Corporation give grants?

Moses H Cone Memorial Hospital Operating Corporation gives mostly in North Carolina: 98% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Greensboro, NC (24 grants), Jamestown, NC (3 grants), Burlington, NC (3 grants) and Raleigh, NC (2 grants).

Does Moses H Cone Memorial Hospital Operating Corporation give general operating support?

Not in 2024: none of the 47 grants with a stated purpose on Moses H Cone Memorial Hospital Operating Corporation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Support of the Community" (21 grants), "Education and Advocacy" (12 grants) and "Promotion of Healthy Lifestyles" (4 grants).

Who are Moses H Cone Memorial Hospital Operating Corporation's largest grantees?

Moses H Cone Memorial Hospital Operating Corporation's largest 2024 grantees include City of Greensboro ($5,000,000), Greensboro Chamber of Commerce ($192,412) and Shift Education ($180,000), according to its 2024 IRS Form 990. Together they received 80% of its itemized 2024 grant dollars.

How large is Moses H Cone Memorial Hospital Operating Corporation?

Moses H Cone Memorial Hospital Operating Corporation reported $2.0B in total assets on its 2024 IRS Form 990. Its revenue that year was $2.9B.

What does Moses H Cone Memorial Hospital Operating Corporation fund?

The organization’s stated mission is to serve its communities by preventing illness, restoring health and providing comfort through exceptional people delivering exceptional care. See mission & focus areas ↑

How do I apply for a grant from Moses H Cone Memorial Hospital Operating Corporation?

Cone Health’s community grant program requires applicants to be 501(c)(3) organizations, professionally managed and able to demonstrate sound financial stewardship and that grant proceeds will benefit the stated… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Moses H Cone Memorial Hospital Operating Corporation's EIN?

Moses H Cone Memorial Hospital Operating Corporation's EIN (Employer Identification Number) is 58-1588823. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

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Total Given

$90.4M

The Community Foundation of Western North Carolina Inc

Asheville, NC

The Community Foundation of Western North Carolina funds nonprofits and public agencies serving 18 Western North Carolina counties, including the Qualla Boundary, in areas such as cultural resources, education, human services, and natural resources. Its 2025 grants had a median of $25,000, though award sizes varied widely; some local opportunities cap grants at $5,000 or $7,500. It provides an online application system, but the profile does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$481.0M

Grants

793

Total Given

$59.4M

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Moses H Cone Memorial Hospital Operating Corporation down — hundreds of funders to go?

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