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New Hanover Regional Medical Center

WINSTON SALEM, NC EIN: 56-1752396 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$130.5M

+5.6% YoY

Annual Giving

$6.1M

+199.7% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$1.2M

+79.8% YoY

About New Hanover Regional Medical Center

Based on IRS filings

New Hanover Regional Medical Center 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 $130.5M in total assets. In 2024, it awarded 5 grants totaling $6.1M. Net investment income was $3.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

CaryJacksonvilleWilmingtonWinstonWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$130,493,643$123,547,688$78,035,660
Revenue$5,745,206$4,405,962$5,087,445
Expenses$6,394,925$2,512,391$2,047,557
Qualifying Distributions
Net Investment Income$3,668,420$2,869,729$2,983,440
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M2 grants20202 grants20213 grants20223 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

NOVANT HEALTH INC$6.1MLOUIS WELLS CAMERON ART …$25KGREATER WILMINGTON CHAMB…$10KONSLOW MEMORIAL HOSPITAL…$7KTRIANGLE APHASIA PROJECT…$7K

Grant Size Distribution

15 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K1$500K–1M3$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Novant Health Inc ($6,086,630), Louis Wells Cameron Art Museum ($25,000), Greater Wilmington Chamber of Commerce ($10,000).

RecipientPurposeAmount
NOVANT HEALTH INC WINSTON SALEM, NCTO SUPPORT NH NEW HANOVER REGIONAL MEDICAL CENTER$6,086,630
LOUIS WELLS CAMERON ART MUSEUM WILMINGTON, NCCOMMUNITY OUTREACH$25,000
GREATER WILMINGTON CHAMBER OF COMMERCE WILMINGTON, NCCOMMUNITY OUTREACH$10,000
ONSLOW MEMORIAL HOSPITAL INC JACKSONVILLE, NCCOMMUNITY OUTREACH$7,347
TRIANGLE APHASIA PROJECT UNLIMITED CARY, NCCOMMUNITY OUTREACH$6,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ASHLEY WELLSTRUSTEE0.2
DENNIS DOLLVICE CHAIR/TREASURER0.5
FRANK HOBART MDTRUSTEE0.2
JOHN PACE MDTRUSTEE (TO 12/31/24)0.2
JOSHUA LAMBETHTRUSTEE (TO 12/31/24)0.2
KATHERINE MCKENZIETRUSTEE0.2
LENWOOD SHERILL DEAN JRTRUSTEE0.2
MARTIN MEYERSON MDTRUSTEE0.2
ROBERT JOHNSTONCHAIR0.5
SLOAN TURNER DVMTRUSTEE (TO 12/31/24)0.2
BRYAN DURHAM MDTRUSTEE (TO 12/31/24)0.2
TANYA JORDANTRUSTEE0.2
DENISE ARMBRISTERTRUSTEE (FR 1/1/24)0.2
DILIP SUBRAMANYAMTRUSTEE(FR 1/1/24)0.2
OZLEM NICHOLSTRUSTEE (FR 1/1/24)0.2
PHILIPPE MAITRETRUSTEE (FR 1/1/24)0.2
TANYA ARMOUREXEC DIRECTOR (FR 10/06/24)50
GEOFFREY GARDNERCFO (TO 4/28/24)0.2
SHARON HARRINGTONVP CHIEF PHILANTHROPY OFF(FR 6/2/24)8
DOROTHY ANN CAULKINSSVP FDN (TO 6/1/24)8
DANA CASSONEXEC DIRECTOR (TO 8/31/24)50
ALICE POPEEVP/CFO (FR 4/29/24)0.2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is New Hanover Regional Medical Center?

New Hanover Regional Medical Center is a nonprofit organization focused on Health, based in WINSTON SALEM, NC. It holds $130.5M in total assets as of 2024.

How large is New Hanover Regional Medical Center?

As of 2024, New Hanover Regional Medical Center holds $130.5M in total assets with $5.7M in annual revenue. It awarded 5 grants totaling $6.1M in 2024.

Where does New Hanover Regional Medical Center operate?

New Hanover Regional Medical Center has awarded grants in North Carolina.

What size grants does New Hanover Regional Medical Center award?

In 2024, New Hanover Regional Medical Center awarded 5 grants totaling $6.1M — an average of about $1.2M per grant, based on its IRS Form 990 filings.

What is New Hanover Regional Medical Center's EIN?

New Hanover Regional Medical Center's EIN (Employer Identification Number) is 56-1752396. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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