North Carolina Baptist Hospital Foundation
To operate as a charitable organization, to make charitable donations and further to operate and carry out the functions and purposes of North Carolina baptist hospital.
Key facts about North Carolina Baptist Hospital Foundation
In short: North Carolina Baptist Hospital Foundation gave $1.2M across 3 grants in 2024 (avg $400K), mostly in North Carolina. Source: 2024 IRS Form 990.
- EIN
- 56-1685120
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $1,201,091
- Grants made (2024)
- 3
- Average grant
- $400,364
- Median grant
- $491,487
- Total assets
- $62,877,390
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$62.9M
+15.3% YoY
Annual Giving
$1.2M
+12.1% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$400K
-62.6% YoY
About North Carolina Baptist Hospital Foundation
Based on IRS filings
North Carolina Baptist Hospital Foundation is a public charity focused on Health, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $62.9M in total assets. In 2024, it awarded 3 grants totaling $1.2M. Net investment income was $3.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $882K (2020) to $1.2M (2021, 18 months). In 2024 it made 3 grants totaling $1.2M.
*2021: Covers 18 months (fiscal year-end changed).
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was North Carolina Baptist Hospital ($575K). Together the top 3 received $1.2M.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $50–100K range: 4 grants of 15 (27%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Carolina Baptist Hospital Winston-Salem, NC | Support of faithhealth nc, ee emergency fd, and other programs | $574,604 |
| Wake Forest University Health Sciences Winston-Salem, NC | Support of Philanthropy, Pedicatrics and Vascular Health Project | $491,487 |
| Carenet Inc Winston-Salem, NC | Support of Philanthropy and Carenet Disaster Response | $135,000 |
Financial History
Multi-year comparison from IRS filings
*2021: Covers 18 months (fiscal year-end changed).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,877,390 | $54,516,770 | $53,724,183 |
| Revenue | $3,926,745 | $1,019,647 | $1,445,824 |
| Expenses | $1,216,274 | $1,097,917 | $1,080,830 |
| Net Investment Income | $3,764,739 | $1,017,263 | $1,414,170 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 14, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 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 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
North Carolina Baptist Hospital Foundation is led by Sheree B. Watson, Chair since 2024 (on filings since 2019); 2 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Sheree B. Watson
Chair
Board Member → Chair, 2024
On filings since 2019
2 hrs/week
No compensation reported
William C. Warden Jr.
Chair
Chair → Board Member, 2022
Board Member → Chair, 2024
On filings since 2021
2 hrs/week
No compensation reported
Bradley A. Clark
Treasurer
On filings since 2019
0.5 hrs/week
$1.3M (2022) → $2.5M (2024)
J. McLain Wallace Jr.
Secretary
On filings since 2019
2 hrs/week
$984K (2022) → $1.7M (2024)
A. Lee Herring
Board Member
On filings since 2019
2 hrs/week
No compensation reported
Arthur A. Gibel
Board Member
On filings since 2019
2 hrs/week
No compensation reported
Stephen L. Robertson
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Frank K. Thomas
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (3)
- Former: Edwin L. Welch Jr. (2019–2023) — Chair
- Former: George D. Renfro (2021) — Board Member
- Former: R. Michael Wells (2019) — Board Member
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
The highest reported compensation on the 2024 filing was $2.5M, to Bradley a Clark (Treasurer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about North Carolina Baptist Hospital Foundation
How much does North Carolina Baptist Hospital Foundation give each year?
North Carolina Baptist Hospital Foundation gave $1.2M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.1M across 1 grant.
What is North Carolina Baptist Hospital Foundation's typical grant size?
North Carolina Baptist Hospital Foundation's median grant in 2024 was $491,487, and its average grant was $400,364, across 3 grants on its 2024 IRS Form 990.
Where does North Carolina Baptist Hospital Foundation give grants?
North Carolina Baptist Hospital Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Winston-Salem, NC (3 grants).
Does North Carolina Baptist Hospital Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on North Carolina Baptist Hospital Foundation's 2024 IRS Form 990 were described as general or operating support.
How large is North Carolina Baptist Hospital Foundation?
North Carolina Baptist Hospital Foundation reported $62.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.9M.
What is North Carolina Baptist Hospital Foundation?
North Carolina Baptist Hospital Foundation is a public charity focused on Health, based in Winston-Salem, NC. It holds $62.9M in total assets as of 2024.
What is North Carolina Baptist Hospital Foundation's EIN?
North Carolina Baptist Hospital Foundation's EIN (Employer Identification Number) is 56-1685120. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching North Carolina Baptist Hospital Foundation by hand.
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