The North Carolina Medical Society employee benefit plan provides North Carolina physicians with a value-added plan that is straightforward and specifically customized to meet their practice and employees' needs. As the only statewide health benefits plan designed exclusively for North Carolina physicians, the ncms plan offers choices that are unique to the market.
Key facts about North Carolina Medical Society
In short: North Carolina Medical Society gave $50K across 1 grant in 2025 (avg $50K), mostly in North Carolina. Source: 2025 IRS Form 990.
- EIN
- 56-2096193
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $50,000
- Grants made (2025)
- 1
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $13,704,276
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$13.7M
-43.2% YoY
Annual Giving
$50K
-49.4% YoY
Grant Count
1
-83.3% YoY
Avg Grant Size
$50K
+203.3% YoY
How North Carolina Medical Society gives
- Giving fell 60% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About North Carolina Medical Society
Based on IRS filings
North Carolina Medical Society is a public charity focused on Health, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $13.7M in total assets. In 2025, it awarded 1 grant totaling $50K. Net investment income was $983K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $16K (2021) to $124K (2022). In 2025 it made 1 grant totaling $50K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Carolina Eye Associates ($50K).
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 27 grants of 29 (93%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carolina Eye Associates Southern Pines, NC | Wellness Grant | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $13,704,276 | $24,111,332 | $29,038,709 |
| Revenue | $45,996,137 | $47,837,781 | $45,166,434 |
| Expenses | $55,147,724 | $52,613,797 | $49,222,917 |
| Net Investment Income | $982,716 | $1,457,476 | $687,399 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 1, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 3, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 1, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 10, 2026)
Leadership & Key People
Officers and directors from IRS filings
North Carolina Medical Society is led by Kenneth A. Holt MD, Chair since 2022 (on filings since 2020); all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kenneth A. Holt MD
Chair
Trustee → Chair, 2022
On filings since 2020
2 hrs/week
$1K (2020) → $5K (2025)
Mary Ann Contagiannis MD
Trustee
On filings since 2022
1 hr/week
$2K (2022) → $2K (2025)
Sandy Cohen MD
Trustee
On filings since 2022
1 hr/week
$2K (2022) → $500 (2025)
William Ingram III MD
Trustee
On filings since 2022
1 hr/week
$2K (2022) → $2K (2025)
Former officers (6)
- Former: Robert P. Gossett MD (2020–2022) — Chair
- Former: Abigail Devries MD (2020) — Trustee
- Former: G. Hadley Callaway MD (2020) — Trustee
- Former: John A. Fagg MD (2020) — Trustee
- Former: Merritt Seshul MD (2020) — Trustee
- Former: Robert Littleton MD (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 2025 IRS filing
The highest reported compensation on the 2025 filing was $5K, to Kenneth a Holt MD (Chair). 4 officers or directors reported compensation on that filing.
Frequently asked questions about North Carolina Medical Society
How much does North Carolina Medical Society give each year?
North Carolina Medical Society gave $50K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $99K across 6 grants.
How large is North Carolina Medical Society?
North Carolina Medical Society reported $13.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $46.0M.
What is North Carolina Medical Society?
North Carolina Medical Society is a public charity focused on Health, based in Raleigh, NC. It holds $13.7M in total assets as of 2025.
Where does North Carolina Medical Society operate?
North Carolina Medical Society has awarded grants in North Carolina, Virginia.
What is North Carolina Medical Society's EIN?
North Carolina Medical Society's EIN (Employer Identification Number) is 56-2096193. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching North Carolina Medical Society by hand.
Explore Open Grants
Browse active grant opportunities in North Carolina Medical Society's focus areas in our free grants database
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