North Carolina Medical Society Foundation Inc
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.
Key facts about North Carolina Medical Society Foundation Inc
In short: North Carolina Medical Society Foundation Inc gave $585K across 26 grants in 2024 (avg $23K), mostly in North Carolina. Source: 2024 IRS Form 990.
- EIN
- 56-6088142
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $585,000
- Grants made (2024)
- 26
- Average grant
- $22,500
- Median grant
- $10,000
- Total assets
- $25,449,057
- Primary geography
- North Carolina (74% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$25.4M
+2.3% YoY
Annual Giving
$585K
Grant Count
26
Avg Grant Size
$23K
How North Carolina Medical Society Foundation Inc gives
- Giving grew 192% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
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.
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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
Share of 2024 grant dollars across all 26 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $200K (2021) to $24.8M (2020). In 2024 it made 26 grants totaling $585K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Dr Lorna Breen Heroes' Foundation ($150K). Together the top 10 received $425K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 24 grants of 30 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dr Lorna Breen Heroes' Foundation Charlottesville, VA | Program Support | $150,000 |
| Faith Primary Care Rutherfordton, NC | Disaster Relief | $100,000 |
| Hendersonville Pediatrics Hendersonville, NC | Disaster Relief | $100,000 |
| Brie Folkner MD PC Spruce Pine, NC | Disaster Relief | $15,000 |
| Hope Health Family Practice Rowland, NC | Medical Equipment | $10,000 |
| Ascend Pediatric Pulmonary PLLC Asheville, NC | Disaster Relief | $10,000 |
| Ashe Family Healthcare West Jefferson, NC | Disaster Relief | $10,000 |
| Asheville Arthritis & Osteoporosis Asheville, NC | Disaster Relief | $10,000 |
| Asheville Children's Medical Center Asheville, NC | Disaster Relief | $10,000 |
| Asheville Ear Nose & Throat PA Asheville, NC | Disaster Relief | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported |
|---|---|---|---|---|
| 2024 | $25,449,057 | $2,611,253 | $2,208,365 | $585,000 across 26 grants |
| 2023 | $24,865,225 | $3,318,274 | $1,473,519 | 0 grants |
| 2022 | $21,133,016 | $1,345,809 | $1,331,349 | 0 grants |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,449,057 | $24,865,225 | $21,133,016 |
| Revenue | $2,611,253 | $3,318,274 | $1,345,809 |
| Expenses | $2,208,365 | $1,473,519 | $1,331,349 |
| Net Investment Income | $1,658,480 | $698,663 | $690,314 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 20, 2022)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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 2024 report compensation.
Officers on the 2024 filing
Hurshell E. Baggett Jr.
CEO
On filings since 2020
52 hrs/week
No compensation reported
Cynthia Gary
President
Trustee → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Marc R. Carruth
Trustee
On filings since 2020
1 hr/week
No compensation reported
Palmer Edwards
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
New on the 2024 filing
1 hr/week
No compensation reported
Frank Snyder
Director Member
New on the 2024 filing
40 hrs/week
No compensation reported
Katherine Croom
Director Finance
New on the 2024 filing
40 hrs/week
No compensation reported
Kelly Wilson
Director Ope
New on the 2024 filing
40 hrs/week
No compensation reported
Michelle Jones
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Venkat Prasad
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Vinay Saranga
Trustee
New on the 2024 filing
1 hr/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 (2024)
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
Michelle Laws
Former Director
Director → Former Director, 2024
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
Randy Alridge
Vice President Communications
On filings since 2023
40 hrs/week
No compensation reported
Shawn Scott
COO
On filings since 2023
40 hrs/week
No compensation reported
Evan Simmons
Chief of Sta
New on the 2024 filing
40 hrs/week
No compensation reported
John Thompson
Vice President External
New on the 2024 filing
40 hrs/week
No compensation reported
Former officers (19)
- 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, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
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.
Contact
Mailing address: PO Box 27167, Raleigh, NC 27611
Phone: (919) 833-3836
Website: https://ncmsfoundation.org
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 $585K across 26 grants in 2024, according to its 2024 IRS Form 990.
What is North Carolina Medical Society Foundation Inc's typical grant size?
North Carolina Medical Society Foundation Inc's median grant in 2024 was $10,000, and its average grant was $22,500, across 26 grants on its 2024 IRS Form 990.
Where does North Carolina Medical Society Foundation Inc give grants?
North Carolina Medical Society Foundation Inc gives mostly in North Carolina: 74% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Virginia (26%). The most frequent recipient cities were Asheville, NC (13 grants) and Hendersonville, NC (2 grants).
Does North Carolina Medical Society Foundation Inc give general operating support?
Not in 2024: none of the 26 grants with a stated purpose on North Carolina Medical Society Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Disaster Relief" (24 grants).
Who are North Carolina Medical Society Foundation Inc's largest grantees?
North Carolina Medical Society Foundation Inc's largest 2024 grantees include Dr Lorna Breen Heroes' Foundation ($150,000), Faith Primary Care ($100,000) and Hendersonville Pediatrics ($100,000), according to its 2024 IRS Form 990. Together they received 60% of its itemized 2024 grant dollars.
How large is North Carolina Medical Society Foundation Inc?
North Carolina Medical Society Foundation Inc reported $25.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.6M.
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 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Here's the math on researching North Carolina Medical Society Foundation Inc by hand.
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