North Carolina Baptist Hospital Foundation

Public charity · Grantmaker Winston-Salem, NC EIN: 56-1685120

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

1state

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Winston-SalemAhoskieClemmonsConoverWilkesboro

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M9 grants2019 4 grants2020 5 grants2021* Covers 18 months (fiscal year-end changed)2 grants2022 1 grant2023 3 grants2024

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

North Carolina Baptist Hospital: $575KNorth Carolina BaptistHospital$575KWake Forest University Health Sciences: $491KWake Forest University HealthSciences$491KCarenet Inc: $135KCarenet Inc$135K

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

2<$50K4$50–100K2$100–250K2$250–500K4$500K–1M1$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 15 (27%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
North Carolina Baptist Hospital Winston-Salem, NCSupport of faithhealth nc, ee emergency fd, and other programs$574,604
Wake Forest University Health Sciences Winston-Salem, NCSupport of Philanthropy, Pedicatrics and Vascular Health Project$491,487
Carenet Inc Winston-Salem, NCSupport of Philanthropy and Carenet Disaster Response$135,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M2019 2020 2021* Covers 18 months (fiscal year-end changed)2022 2023 2024

*2021: Covers 18 months (fiscal year-end changed).

Metric202420232022
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

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 14, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  7. 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

Bradley a Clark — Treasurer: $2.5MBradley a ClarkTreasurer$2.5MJ McLain Wallace Jr — Secretary: $1.7MJ McLain Wallace JrSecretary$1.7M

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.

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