North Carolina Medical Society Foundation Inc logo

North Carolina Medical Society Foundation Inc

Public charity · Grantmaker Raleigh, NC EIN: 56-6088142 Website

The North Carolina Medical Society Foundation is a public charity based in Raleigh, North Carolina, and the philanthropic arm of the North Carolina Medical Society. Established in 1966, it supports work to improve access to quality health care in North Carolina through clinician workforce programs, leadership development, and community-based initiatives.

North Carolina Medical Society Foundation Inc at a glance

In short: North Carolina Medical Society Foundation Inc gave $203K across 5 grants in 2025 (avg $41K), mostly in Virginia. Source: 2025 IRS Form 990.

Annual giving (2025)
$202,694
-65.4% vs 2024
Grants made (2025)
5
-80.8% vs 2024
Average grant
$40,539
+80.2% vs 2024
Median grant
$15,000
Total assets
$27,568,457
+8.3% vs 2024
Primary geography
Virginia (56% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated November 2026.

How to apply to North Carolina Medical Society Foundation Inc

Contact

Mailing address: PO Box 27167, Raleigh, NC 27611
Phone: (919) 833-3836
Website: https://ncmsfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who North Carolina Medical Society Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Dr Lorna Breen Heroes' Foundation: $113KDr Lorna Breen Heroes'Foundation$113KTides Inc: $50KTides Inc$50KNC Professionals Health Program Inc: $15KNC Professionals HealthProgram Inc$15KOcracoke Health Center Inc: $13KOcracoke Health Center Inc$13KCoalition for Physicians Well Being Inc: $12KCoalition for Physicians WellBeing Inc$12K

The largest 2025 recipient was Dr Lorna Breen Heroes' Foundation ($113K). Together the top 5 received $203K.

Grant Size Distribution

32 grants across all recorded years

26<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 32 (81%).

Geographic Focus

Where this funder awards grants

The Foundation’s stated mission and website priorities focus on North Carolina. Its website describes statewide work, including community initiatives and disaster assistance to practices affected by storms. In 2024, 74% of grant dollars went to recipients in North Carolina and 26% to recipients in Virginia.

Grant Distribution by State

3states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

AshevilleRaleighCharlottesvilleHendersonvilleAltamonte SpringsArdenBurnsvilleFlat RockKings MountainMarshallOcracokeRowlandRutherfordtonSpruce PineWest JeffersonWilmingtonWoodfin

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M3 grants2020 1 grant2021 0 grants2022 0 grants2023 26 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $200K (2021) to $24.8M (2020). In 2025 it made 5 grants totaling $203K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Dr Lorna Breen Heroes' Foundation Charlottesville, VAProgram Support$113,275
Tides Inc Wilmington, NCHurricane Relief$50,000
NC Professionals Health Program Inc Raleigh, NCSuicide Awareness$15,000
Ocracoke Health Center Inc Ocracoke, NCProgram Support$12,669
Coalition for Physicians Well Being Inc Altamonte Springs, FLProgram Support$11,750
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$27,568,457$3,580,807$2,177,892$202,6945$1,832,188
2024$25,449,057$2,611,253$2,208,365$585,00026$1,658,480
2023$24,865,225$3,318,274$1,473,519——$698,663
2022$21,133,016$1,345,809$1,331,349——$690,314
2021$25,149,476$2,368,832$1,458,725$200,0001$1,692,421
2020$23,889,243$25,927,674$26,171,216$24,765,0373$377,925

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

Mission & Focus Areas

The Foundation’s mission is to improve access to quality health care for all North Carolinians. Its website identifies priorities including expanding access to care statewide, advancing health equity, investing in the clinician workforce, developing health care leaders, and building community-centered partnerships.

The 2024 filing describes the Community Practitioner Program as recruiting and retaining primary care providers, general surgeons, and psychiatrists for rural or underserved areas through educational loan repayment and practice-management and clinical-quality services. The filing also describes leadership education and training through the Kanof Institute for Physician Leadership, along with a physician wellness program.

In 2024, the Foundation made grants to medical practices, including practices receiving disaster-relief support and a practice receiving support for medical equipment. One grantee, the Dr. Lorna Breen Heroes’ Foundation, states that its mission is to reduce burnout among health care professionals and safeguard their well-being and job satisfaction.

Grantmaking

In filing year 2024, the Foundation reported 26 grants totaling $585,000. Grant amounts ranged from $10,000 to $150,000, with a median grant of $10,000. The largest listed grants were $150,000 to the Dr. Lorna Breen Heroes’ Foundation for program support, and $100,000 each to Faith Primary Care and Hendersonville Pediatrics for disaster relief. Other listed awards included $15,000 to Brie Folkner MD PC for disaster relief and $10,000 each to Hope Health Family Practice for medical equipment and several North Carolina practices for disaster relief. Its 2025 filing, the latest on this page, reports 5 grants totaling $202,694.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Hurshell E. Baggett Jr. as CEO; Shawn Scott as COO; John Thompson as VP External; Ashley Rodriguez as CLO; Franklin Walker as VP Practice; Ashley Newton as VP Soc Mgmt; Allan Skipper as VP Liason; Larry Crawford as VP Finance; Pamela Highsmith as VP Mmebershi; and Randy Alridge as VP Communica.

North Carolina Medical Society Foundation Inc is led by Hurshell E. Baggett Jr., CEO on every filing since 2020; none of the 29 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Hurshell E. Baggett Jr.

    CEO

    On filings since 2020

    52 hrs/week

    No compensation reported

  • Stephen W. Keene

    Executive Vice President & CEO

    New on the 2025 filing

    52 hrs/week

    No compensation reported

  • Cynthia Gary

    President

    Trustee → President, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Palmer Edwards

    President El

    Trustee → President El, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marc R. Carruth

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roy Strowd III

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Timothy Reeder

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Emily Cole

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Lacy Hobgood

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Leland Garrett

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Shirish Devasthali

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Chris Grubb

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Frank Snyder

    Director Member

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Katherine Croom

    Director Finance

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Kelly Wilson

    Director Ope

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Michelle Jones

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Venkat Prasad

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Vinay Saranga

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kristen Shipherd

    Director Mar

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • Franklin Walker

    Vice President Practice

    Vice President of Soluti → Vice President Foundatio, 2023

    Vice President Foundatio → Vice President Practice, 2024

    On filings since 2020

    40 hrs/week

    $150K (2020) → $0 (2025)

  • Osi Udekwu

    Treasurer

    Trustee → Treasurer, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Allan Skipper

    Vice President Liason

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Ashley Newton

    Vice President Soc Management

    Vice President Membershi → Vice President Soc Management, 2024

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Ashley Rodriguez

    Clo

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Larry Crawford

    Vice President Finance

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Pamela Highsmith

    Vice President Mmebershi

    Vice President Development → Vice President Mmebershi, 2024

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Evan Simmons

    Chief of Sta

    On filings since 2024

    40 hrs/week

    No compensation reported

  • John Thompson

    Vice President External

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Monecia Thomas

    Vice President Prof Grow

    New on the 2025 filing

    40 hrs/week

    No compensation reported

Former officers (22)
  • Former: Michelle Laws (2023–2024) — Former Director
  • Former: Randy Alridge (2023–2024) — Vice President Communications
  • Former: Shawn Scott (2023–2024) — COO
  • Former: Andrew S. Lamb (2020–2023) — President
  • Former: Lyndon K. Jordan (2020–2023) — Trustee
  • Former: Arthur E. Apolinario (2021–2023) — Trustee
  • Former: Jason Newton (2021–2023) — Trustee
  • Former: Kelly A. Pring (2021–2023) — Trustee
  • Former: Kristina Natt Och Dag (2022–2023) — Vice President Training
  • Former: Riaz Mullick (2023) — Vice President Finance
  • Former: Connette P. McMahon (2020–2022) — Trustee
  • Former: Katie Lowry (2020–2022) — Trustee
  • Former: Michael Utecht (2020–2022) — Trustee
  • Former: Rachel D. Keever (2020–2022) — Trustee
  • Former: Pascal Udekwu (2020–2021) — Trustee
  • Former: Robert W. Seligson (2020–2021) — CEO
  • Former: Blaine Hall (2020) — Trustee
  • Former: Docia Hickey (2020) — Trustee
  • Former: Gerri Mattson (2020) — Trustee
  • Former: Jason Sandner (2020) — Trustee
  • Former: John Reynolds (2020) — Trustee
  • Former: Philip J. Brown (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Kristina Natt Och Dag — VP Training: $167KKristina Natt Och DagVP Training$167KFranklin Walker — VP Foundatio: $161KFranklin WalkerVP Foundatio$161K

The highest reported compensation on the 2023 filing was $167K, to Kristina Natt Och Dag (VP Training). 2 officers or directors reported compensation on that filing.

Frequently asked questions about North Carolina Medical Society Foundation Inc

How much does North Carolina Medical Society Foundation Inc give each year?

North Carolina Medical Society Foundation Inc gave $203K across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $585K across 26 grants.

What is North Carolina Medical Society Foundation Inc's typical grant size?

North Carolina Medical Society Foundation Inc's median grant in 2025 was $15,000, and its average grant was $40,539, across 5 grants on its 2025 IRS Form 990.

Where does North Carolina Medical Society Foundation Inc give grants?

North Carolina Medical Society Foundation Inc gives mostly in Virginia: 56% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were North Carolina (38%) and Florida (6%).

Does North Carolina Medical Society Foundation Inc give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on North Carolina Medical Society Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (3 grants).

Who are North Carolina Medical Society Foundation Inc's largest grantees?

North Carolina Medical Society Foundation Inc's largest 2025 grantees include Dr Lorna Breen Heroes' Foundation ($113,275), Tides Inc ($50,000) and NC Professionals Health Program Inc ($15,000), according to its 2025 IRS Form 990. Together they received 88% of its itemized 2025 grant dollars.

How large is North Carolina Medical Society Foundation Inc?

North Carolina Medical Society Foundation Inc reported $27.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.6M.

What does North Carolina Medical Society Foundation Inc fund?

The Foundation’s mission is to improve access to quality health care for all North Carolinians. See mission & focus areas ↑

How do I apply for a grant from North Carolina Medical Society Foundation Inc?

North Carolina Medical Society Foundation Inc has no public application process in the sources Grantable reviewed. Check ncmsfoundation.org for current guidelines, or contact the foundation directly before submitting a request.

What is North Carolina Medical Society Foundation Inc's EIN?

North Carolina Medical Society Foundation Inc's EIN (Employer Identification Number) is 56-6088142. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS September 14, 2026)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS December 20, 2022)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS October 7, 2025)
  5. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from North Carolina Medical Society Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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