Novant Health Inc is a 501(c)(3) charitable organization and integrated healthcare system headquartered in Winston Salem, North Carolina. The organization operates as a non-profit integrated group of hospitals, physician clinics, outpatient centers, and other healthcare service providers. Novant Health consists of over 8,500 independent and employed clinicians and over 40,000 team members operating at more than 900 locations, including 19 medical centers and hundreds of outpatient facilities and physician clinics.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.6B
+51.7% YoY
Annual Giving
$19.5M
+2.7% YoY
Grant Count
77
+11.6% YoY
Avg Grant Size
$253K
-8.0% YoY
Mission & Focus Areas
Novant Health exists to improve the health of their communities, one person at a time. The organization is committed to making healthcare remarkable for patients and communities.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
Grantmaking
Novant Health awards grants through its philanthropic efforts to support programs and initiatives with direct patient impact. The organization engages individuals, families, companies, and grant-making institutions to support Novant Health programs and initiatives that save lives and improve community health.
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Geographic Focus
Where this funder awards grants
Novant Health's grantmaking focuses primarily on:
- North Carolina
- South Carolina
- Virginia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $14,556,934,673
- Total Revenue: $6,542,888,138
- Total Expenses: $6,192,258,960
- Total Giving: $22,009,853
- Number of Employees: 33,786
Tax Status:
- 501(c)(3) organization
- Tax-exempt since July 2020
- EIN: 56-1376950
- Ruling Date: August 1984
Financial Rating: The organization received an 85% score (Three-Star rating) based on Accountability & Finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,556,934,673 | $9,596,623,033 | $8,958,963,272 |
| Revenue | $6,542,888,138 | $4,015,833,950 | $3,193,826,783 |
| Expenses | $6,192,258,960 | $3,902,611,082 | $3,217,545,790 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $181,836,148 | $98,101,676 | $84,450,053 |
| 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
202 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unc Health Foundation Inc ($16,390,905), Coastal Community Development Corporation ($1,000,000), Winston-salem Foundation ($675,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNC HEALTH FOUNDATION INC CHAPEL HILL, NC | ACADEMIC AND CLINICAL SUPPORT | $16,390,905 |
| COASTAL COMMUNITY DEVELOPMENT CORPORATION HILTON HEAD ISLAND, SC | AFFORDABLE WORKFORCE HOUSING SUPPORT | $1,000,000 |
| WINSTON-SALEM FOUNDATION WINSTONSALEM, NC | COMMUNITY OUTREACH | $675,000 |
| MECKLENBURG COUNTY CHARLOTTE, NC | COMMUNITY OUTREACH | $160,000 |
| AMERICAN HEART ASSOCIATION INC DALLAS, TX | COMMUNITY OUTREACH | $75,000 |
| CAPE FEAR HABITAT FOR HUMANITY HOUSE BUILD WILMINGTON, NC | AFFORDABLE HOUSING SUPPORT | $60,000 |
| YOUNG MEN'S CHRISTIAN ASSOCIATION OF NORTHWEST NORTH CAROLINA WINSTONSALEM, NC | COMMUNITY OUTREACH | $50,350 |
| WINGATE UNIVERSITY WINGATE, NC | WORKFORCE DEVELOPMENT SUPPORT | $50,000 |
| MATTHEWS FREE MEDICAL CLINIC MATTHEWS, NC | COMMUNITY OUTREACH | $50,000 |
| ROWAN COUNTY UNITED WAY INC SALISBURY, NC | COMMUNITY OUTREACH | $46,418 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALVARO DE MOLINA | TRUSTEE | 0.2 | — |
| BEVERLY MOOSE MD | TRUSTEE | 0.2 | — |
| BRANDON ADCOCK | TRUSTEE | 0.2 | — |
| BRIAN ECKEL | TRUSTEE | 0.2 | $725 |
| CARL ARMATO | TRUSTEE, PRES/CEO NH | 50.2 | $6,943,831 |
| CHARLES HAUSER | TRUSTEE (FR 1/1/24) | 0.2 | — |
| CHRISTINE KATZIFF | VICE CHAIR | 0.5 | — |
| CHRISTOPHER DUGGINS MD | TRUSTEE | 0.2 | — |
| DAVID KING | TRUSTEE | 0.2 | — |
| DEBORAH ALLY | TRUSTEE (TO 12/31/24) | 0.2 | $725 |
| ELWOOD ROBINSON PHD | TRUSTEE | 0.2 | — |
| IAN MCDONALD | TRUSTEE | 0.2 | — |
| JAMES AMOS | SECRETARY/TREASURER | 0.5 | — |
| JASON THOMPSON | TRUSTEE | 0.2 | — |
| LAURA SCHULTE | CHAIR | 0.5 | $725 |
| ROBERT BARR MD | TRUSTEE (TO 12/31/24) | 0.2 | — |
| ALICE POPE | EVP/CFO (FR 4/29/24) | 50 | $991,687 |
| GEOFFREY GARDNER | CFO (TO 4/28/24) | 50 | $1,254,252 |
| DENISE MIHAL | EVP | 50 | $1,983,433 |
| FRANK EMORY JR | EVP | 50 | $1,881,321 |
| JAMES DEAN SWINDLE | EVP | 50 | $3,290,733 |
| JOHN GIZDIC | EVP | 50 | $2,208,311 |
| KIMBERLY HENDERSON | EVP | 50 | $1,421,376 |
| ONYEKA NCHEGE | EVP | 50 | $1,287,464 |
| PAMELA OLIVER MD | EVP | 50 | $1,825,710 |
| SANJAY GUPTA | EVP | 50 | $891,331 |
| DAVID DUVALL | FMR SVP MARKETING & COMMUNICATIONS | 45 | $2,118,253 |
| DEREK BERNSTEIN MD | ORTHOPAEDIST | 45 | $2,120,243 |
| HOWARD HOMESLEY MD | ORTHOPAEDIST | 45 | $2,983,719 |
| JOHN MARCEL MD | ORTHOPAEDIST | 45 | $2,086,151 |
| RASHID JANJUA MD | NEUROSURGEON | 45 | $1,981,921 |
| ALLISON GREEAR | FMR KE (12/31/21) | 50 | $619,144 |
| ANGELA YOCHEM | FMR KE (3/28/23) | — | $224,358 |
| CHERE GREGORY MD | FMR KE (12/31/21) | 50 | $938,101 |
| ERIC ESKIOGLU MD | FMR KE (11/30/22) | — | $100,800 |
| JESSE CURETON | FMR KE (4/27/23) | — | $1,039,476 |
| JONATHAN APPLEBAUM | FMR KE (12/31/21) | 50 | $561,807 |
| KATHRYN LANGFORD | FMR KE (12/31/21) | 50 | $635,562 |
| LAURIE WHALIN | FMR KE (12/31/21) | 50 | $796,515 |
| SCOTT MYERS | FMR KE (12/31/21) | 50 | $961,680 |
| SHELBOURN STEVENS | FMR KE (12/31/21) | — | $605,812 |
| TANYA BLACKMON | FMR KE (3/21/22) | — | $121,461 |
| THOMAS JENIKE MD | FMR KE (12/31/21) | 50 | $897,741 |
| WAYNE MORGAN | FMR KE (6/30/21) | 50 | $330,242 |
Recent News & Activity
Recent developments and announcements
Novant Health, in collaboration with UNC Health and UNC School of Medicine, has been actively awarding research grants:
Novant Health, UNC Health and UNC School of Medicine award third cycle of**November 2025:** Awarded third cycle of $1 million grants to fund regional research efforts
Novant Health, UNC Health and UNC School of Medicine award third cycle of**May 2025:** Awarded $1 million to launch two regional research efforts
These partnerships demonstrate the organization's commitment to advancing healthcare research and innovation in its service regions.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Novant Health Inc fund?
Novant Health exists to improve the health of their communities, one person at a time. The organization is committed to making healthcare remarkable for patients and communities. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and STEM Education
How do I apply for a grant from Novant Health Inc?
Novant Health awards grants through its philanthropic efforts to support programs and initiatives with direct patient impact. The organization engages individuals, families, companies, and grant-making institutions to support Novant Health programs and initiatives that save lives and improve community health. **Grant Activity:** • Novant Health, in partnership with UNC Health and UNC School of Medicine, has awarded $1 million grants to fund regional research efforts in multiple cycles (most rec…
Where does Novant Health Inc make grants?
Novant Health's grantmaking focuses primarily on: • North Carolina • South Carolina • Virginia
What size grants does Novant Health Inc award?
In 2024, Novant Health Inc awarded 77 grants totaling $19.5M — an average of about $253K per grant, based on its IRS Form 990 filings.
What is Novant Health Inc's EIN?
Novant Health Inc's EIN (Employer Identification Number) is 56-1376950. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Novant Health Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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