North Carolina Medical Society
TO IMPROVE ACCESS TO QUALITY HEALTHCARE FOR ALL NORTH CAROLINIANS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.4M
+2.3% YoY
Annual Giving
$585K
Grant Count
26
Avg Grant Size
$23K
About North Carolina Medical Society
Based on IRS filings
North Carolina Medical Society is a nonprofit organization, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.4M in total assets. In 2024, it awarded 26 grants totaling $585K. Net investment income was $1.7M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,658,480 | $698,663 | $690,314 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dr Lorna Breen Heroes' Foundation ($150,000), Faith Primary Care ($100,000), Hendersonville Pediatrics ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FAITH PRIMARY CARE RUTHERFORDTON, NC | DISASTER RELIEF | $100,000 |
| HENDERSONVILLE PEDIATRICS HENDERSONVILLE, NC | DISASTER RELIEF | $100,000 |
| HOPE HEALTH FAMILY PRACTICE ROWLAND, NC | MEDICAL EQUIPMENT | $10,000 |
| BRIE FOLKNER MD PC SPRUCE PINE, NC | DISASTER RELIEF | $15,000 |
| 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 |
| ASHEVILLE NEUROLOGY SPECIALISTS PA ASHEVILLE, NC | DISASTER RELIEF | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HURSHELL E BAGGETT JR | CEO | 52 | — |
| SHAWN SCOTT | COO | 40 | — |
| JOHN THOMPSON | VP EXTERNAL | 40 | — |
| ASHLEY RODRIGUEZ | CLO | 40 | — |
| FRANKLIN WALKER | VP PRACTICE | 40 | — |
| ASHLEY NEWTON | VP SOC MGMT | 40 | — |
| ALLAN SKIPPER | VP LIASON | 40 | — |
| LARRY CRAWFORD | VP FINANCE | 40 | — |
| PAMELA HIGHSMITH | VP MMEBERSHI | 40 | — |
| RANDY ALRIDGE | VP COMMUNICA | 40 | — |
| KELLY WILSON | DIRECTOR OPE | 40 | — |
| EVAN SIMMONS | CHIEF OF STA | 40 | — |
| KATHERINE CROOM | DIRECTOR FIN | 40 | — |
| MICHELLE LAWS | FORMER DIREC | 40 | — |
| FRANK SNYDER | DIRECTOR MEM | 40 | — |
| MARC R CARRUTH | TRUSTEE | 1 | — |
| EMILY COLE | TRUSTEE | 1 | — |
| SHIRISH DEVASTHALI | TRUSTEE | 1 | — |
| PALMER EDWARDS | TRUSTEE | 1 | — |
| LELAND GARRETT | TRUSTEE | 1 | — |
| CYNTHIA GARY | PRESIDENT | 1 | — |
| CHRIS GRUBB | TRUSTEE | 1 | — |
| LACY HOBGOOD | TRUSTEE | 1 | — |
| ROY STROWD III | TRUSTEE | 1 | — |
| MICHELLE JONES | TRUSTEE | 1 | — |
| VENKAT PRASAD | TRUSTEE | 1 | — |
| TIMOTHY REEDER | TRUSTEE | 1 | — |
| VINAY SARANGA | TRUSTEE | 1 | — |
| OSI UDEKWU | TREASURER | 1 | — |
Frequently Asked Questions
How large is North Carolina Medical Society?
As of 2024, North Carolina Medical Society holds $25.4M in total assets with $2.6M in annual revenue. It awarded 26 grants totaling $585K in 2024.
Where does North Carolina Medical Society operate?
North Carolina Medical Society has awarded grants in North Carolina, Virginia.
What size grants does North Carolina Medical Society award?
In 2024, North Carolina Medical Society awarded 26 grants totaling $585K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is North Carolina Medical Society's EIN?
North Carolina Medical Society's EIN (Employer Identification Number) is 56-6088142. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in North Carolina Medical Society's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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