North Carolina Medical Society logo

North Carolina Medical Society

RALEIGH, NC EIN: 56-6088142 Website

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

2states

Cities

ArdenAshevilleBurnsvilleCharlottesvilleFlat RockHendersonvilleKings MountainMarshallRaleighRowlandRutherfordtonSpruce PineWest JeffersonWoodfin

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$14M$22M$29M20202021202220232024
Metric202420232022
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

$0$6M$12M$19M$25M3 grants20201 grants20210 grants20220 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DR LORNA BREEN HEROES' F…$150KFAITH PRIMARY CARE$100KHENDERSONVILLE PEDIATRICS$100KBRIE FOLKNER MD PC$15KHOPE HEALTH FAMILY PRACT…$10KASCEND PEDIATRIC PULMONA…$10KASHE FAMILY HEALTHCARE$10KASHEVILLE ARTHRITIS & OS…$10KASHEVILLE CHILDREN'S MED…$10KASHEVILLE EAR NOSE & THR…$10K

Grant Size Distribution

30 grants across all recorded years

24<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M1$5M+

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).

RecipientPurposeAmount
FAITH PRIMARY CARE RUTHERFORDTON, NCDISASTER RELIEF$100,000
HENDERSONVILLE PEDIATRICS HENDERSONVILLE, NCDISASTER RELIEF$100,000
HOPE HEALTH FAMILY PRACTICE ROWLAND, NCMEDICAL EQUIPMENT$10,000
BRIE FOLKNER MD PC SPRUCE PINE, NCDISASTER RELIEF$15,000
ASCEND PEDIATRIC PULMONARY PLLC ASHEVILLE, NCDISASTER RELIEF$10,000
ASHE FAMILY HEALTHCARE WEST JEFFERSON, NCDISASTER RELIEF$10,000
ASHEVILLE ARTHRITIS & OSTEOPOROSIS ASHEVILLE, NCDISASTER RELIEF$10,000
ASHEVILLE CHILDREN'S MEDICAL CENTER ASHEVILLE, NCDISASTER RELIEF$10,000
ASHEVILLE EAR NOSE & THROAT PA ASHEVILLE, NCDISASTER RELIEF$10,000
ASHEVILLE NEUROLOGY SPECIALISTS PA ASHEVILLE, NCDISASTER RELIEF$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HURSHELL E BAGGETT JRCEO52
SHAWN SCOTTCOO40
JOHN THOMPSONVP EXTERNAL40
ASHLEY RODRIGUEZCLO40
FRANKLIN WALKERVP PRACTICE40
ASHLEY NEWTONVP SOC MGMT40
ALLAN SKIPPERVP LIASON40
LARRY CRAWFORDVP FINANCE40
PAMELA HIGHSMITHVP MMEBERSHI40
RANDY ALRIDGEVP COMMUNICA40
KELLY WILSONDIRECTOR OPE40
EVAN SIMMONSCHIEF OF STA40
KATHERINE CROOMDIRECTOR FIN40
MICHELLE LAWSFORMER DIREC40
FRANK SNYDERDIRECTOR MEM40
MARC R CARRUTHTRUSTEE1
EMILY COLETRUSTEE1
SHIRISH DEVASTHALITRUSTEE1
PALMER EDWARDSTRUSTEE1
LELAND GARRETTTRUSTEE1
CYNTHIA GARYPRESIDENT1
CHRIS GRUBBTRUSTEE1
LACY HOBGOODTRUSTEE1
ROY STROWD IIITRUSTEE1
MICHELLE JONESTRUSTEE1
VENKAT PRASADTRUSTEE1
TIMOTHY REEDERTRUSTEE1
VINAY SARANGATRUSTEE1
OSI UDEKWUTREASURER1

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

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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