Public Charity

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.6M in revenue, $2.2M in expenses, $27.6M in total assets. 20 publicly reported grants to this organization, totaling roughly $3.5M, appear in IRS filings.

EIN: 566088142 RALEIGH, NC Latest filing: 2025
Total Revenue$3.6M
Total Expenses$2.2M
Total Assets$27.6M
Grant Records20
Funding Total$3.5M
Filing Years2020–2025

Mission

TO IMPROVE ACCESS TO QUALITY HEALTHCARE FOR ALL NORTH CAROLINIANS.

Where $100 goes at North Carolina Medical Society Foundation Inc

How North Carolina Medical Society Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$97 Programs the work itself
$2 Management running the organization
$1 Fundraising raising the next dollar

Inside the $97 for programs

$63
The workforce recruitment and retention program includes the community practitioner program (cpp)
65% of program spending
$17
Leadership development initiatives fall under the umbrella of the kanof institute for physician leadership (kipl)
18% of program spending
$12
The physician wellness program devotes resources to physicians' well-being to help rediscover the joy of practicing medicine and the beauty of reconnecting with patients
12% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
FUNDING FOR TREATMENT OF INDIVIDUAL MEDICAL PROFESSIONALS
$248,601
2024
HURRICANE HELENE RELIEF
$50,000
2023
FUNDING FOR TREATMENT OF INDIVIDUAL MEDICAL PROFESSIONALS
$240,183
2023
PHYSICAL RESILIENCE AND WELLBEING CONSORTIUM GRANT
$200,000

Showing up to 5 of 20 total records — full history available with membership.

Officers & Directors

VP LIASON Allan Skipper
VP SOC MGMT Ashley Newton
CLO Ashley Rodriguez
TRUSTEE Chris Grubb
PRESIDENT Cynthia Gary
TRUSTEE Emily Cole

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$1,903,910 12 grants
General Support
$893,500 5 grants
Public Safety & Disaster Relief
$550,000 2 grants
Education
$120,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.6M $2.2M $27.6M
2024 $2.6M $2.2M $25.4M
2023 $3.3M $1.5M $24.9M
2022 $1.3M $1.3M $21.1M
2020 $25.9M $26.2M $23.9M

Between 2020 and 2025, reported annual revenue declined from $25.9M to $3.6M (-86%), with total assets most recently reported at $27.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

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