The Rex Healthcare Foundation Inc logo

The Rex Healthcare Foundation Inc

Public charity · Grantmaker Raleigh, NC EIN: 56-6052117 Website

Our mission is to provide opportunities for our community to invest resources in the excellent work of unc rex healthcare. The core activities through which the foundation fulfills this mission include: advocacy, education, program development, fundraising, strategic partnerships and donor engagement.

The Rex Healthcare Foundation Inc at a glance

In short: The Rex Healthcare Foundation Inc gave $747K across 2 grants in 2022 (avg $373K), mostly in North Carolina. Source: 2022 IRS Form 990.

Annual giving (2022)
$746,611
-7.5% vs 2021
Grants made (2022)
2
+100.0% vs 2021
Average grant
$373,306
-53.7% vs 2021
Median grant
$373,306
Primary geography
North Carolina (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990, 2022 View filing

Data from IRS Form 990, 2022; updated September 2026.

Who The Rex Healthcare Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2022

Rex Hospital Inc: $747K across 2 grantsRex Hospital Inc$747K · 2 grants

The largest 2022 recipient was Rex Hospital Inc ($747K across 2 grants).

Grant Size Distribution

4 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K2$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 2 grants of 4 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2022 grant dollars across all 2 itemized grants.

Cities

Raleigh

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2020 1 grant2021 2 grants2022

From 2020 to 2022, annual grant giving ranged from $747K (2022) to $1.1M (2020). In 2022 it made 2 grants totaling $747K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Rex Hospital Inc Raleigh, NCGeneral Support$731,385
Rex Hospital Inc Raleigh, NCGift$15,226
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2022—$2,413,980$1,298,119$746,6112$626,302
2021$7,822,343$2,916,084$1,718,268$807,1231$268,121
2020$5,851,305$3,399,183$2,126,270$1,054,6241$253,821

About The Rex Healthcare Foundation Inc

Based on IRS filings

The Rex Healthcare Foundation Inc is a public charity, based in Raleigh, NC. IRS filing data is available from 2020 through 2022. In 2022, it awarded 2 grants totaling $747K. Net investment income was $626K.

Leadership & Key People

Officers and directors from IRS filings

The Rex Healthcare Foundation Inc is led by Ernest L. Bovio Jr., President on every filing since 2020; none of the 23 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Ernest L. Bovio Jr.

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ann S. Collins MD

    Director & Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bobby T. Parker

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Catharine B. Arrowood

    Director & Vice Chairman

    Director → Director & Vice Chairman, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Courtney A. Crowder

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason T. Sandner

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rig S. Patel MD

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stephen W. Burriss

    Director

    President → Director, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Teresa C. Artis

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • David F. Mills

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kevin D. Howell

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kevin T. Anderson

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Melissa A. Fitzpatrick

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Robert B. Oakes

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Wesley A. Burks MD

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Marilyn R Pearson MD

    Director

    New on the 2022 filing

    1 hr/week

    No compensation reported

  • Andrew K. Zukowski

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Benjamin J. Mathew

    Assistant Treasurer & Assistant Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gary L Park

    Former Director

    Director → Former Director, 2022

    On filings since 2020

    No compensation reported

  • Sylvia D. Hackett

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tate M. Bombard

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kirsten S Riggs

    Vice President

    New on the 2022 filing

    1 hr/week

    No compensation reported

  • Meghan E Hooley

    Assistant Treasurer & Assistant Secretary

    New on the 2022 filing

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: C. Howard Nye (2020–2021) — Director
  • Former: A Wesley Burks MD (2020) — Director
  • Former: Peter D Hans (2020) — Director
  • Former: Steven C Lilly (2020) — Director
  • Former: Susan M Sandberg (2020) — Former Secretary

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Rex Healthcare Foundation Inc

How much does The Rex Healthcare Foundation Inc give each year?

The Rex Healthcare Foundation Inc gave $747K across 2 grants in 2022, according to its 2022 IRS Form 990. In 2021 it gave $807K across 1 grant.

Where does The Rex Healthcare Foundation Inc operate?

The Rex Healthcare Foundation Inc has awarded grants in North Carolina.

What is The Rex Healthcare Foundation Inc's EIN?

The Rex Healthcare Foundation Inc's EIN (Employer Identification Number) is 56-6052117. IRS Form 990 filing data is available on this page for 2020–2022.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
  4. IRS filings on file for fiscal years 2020–2022

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Rex Healthcare Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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