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· Public charity

Forsyth Medical Center Foundation

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our cause.

$3.6M
Granted FY2024still arriving
5
Grants FY2024still arriving
1
States reached
$1.9M
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Health$33MCommunity Improvement$99k
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 5 grants below total $3,217,929, the rows itemized in this filing. The $3,622,380 headline is the total grant expense on the return; the other $404,451 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • $10k–50k1 grant · $42k
  • $50k–250k2 grants · $232k
  • $250k+2 grants · $2.9M
$125,000
Median grant
1
States reached
$90M
Total assets
Largest grants
RecipientAmount
NOVANT HEALTH INC$1,851,350
FORSYTH MEMORIAL HOSPITAL INC$1,092,809
COMMUNITY CARE CENTER FOR FORSYTH COUNTY$125,000
FORSYTH COUNTY$107,103
FOUNDATION HEALTH SYSTEMS CORP$41,667
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–17, $25k) land where the poverty rate runs at 15%, against an area that typically sits at 12%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%FORSYTH FUTURES: $25k → 15%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

100%of every dollar goes to organizations it has funded before.
$33M · 10 repeat orgs$91k to everyone else

10 repeat relationships: 5 still active in FY2024, 5 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

10
5

Total granted

$33M
$91k

Median revenue growth · since first grant

+33%
+34%

Still filing today

80%
100%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
HealthHuman ServicesEducationOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • FM
    FORSYTH MEMORIAL HOSPITAL INC
    8× · 2017–2024 · $21M · revenue +18%
  • NH
    NOVANT HEALTH INC
    6× · 2018–2024 · $3.6M · revenue +618%
  • CC
    COMMUNITY CARE CENTER FOR FORSYTH COUNTY
    7× · 2017–2024 · $1.4M · revenue +250%

Funded once

  • MP
    MEDICAL PARK HOSPITAL INC
    one grant, 2018 · $30k · revenue -91%
  • FF
    Forsyth Futuresgraduated
    one grant, 2017 · $25k · revenue +119%
  • THE CENTERS FOR EXCEPTIONAL CHILDREN INC
    one grant, 2021 · $16k · revenue +4%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Carolina Medicorp Enterprises Inc

Mission novant health exists to improve the health of our communities, one person at a time. vision we, the novant health team, will deliver the most remarkable patient experience, in every dimension, every time. values -compassion: we…

—
2
Presbyterian Medical Care Corp

Mission novant health exists to improve the health of our communities, one person at a time. vision we, the novant health team, will deliver the most remarkable patient experience, in every dimension, every time. values -compassion: we…

—
3
Forsyth Medical Center Foundation

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
4
Nhrmc Home Care

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
5
Presbyterian Hospital Foundation

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
6
Rowan Regional Medical Center Inc

Mission novant health exists to improve the health of our communities, one person at a time. vision we, the novant health team, will deliver the most remarkable patient experience, in every dimension, every time. values -compassion: we…

—
7
New Hanover Regional Medical Center Foundation Inc

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
8
Pender Memorial Hospital Incorporated

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
9
Community General Hospital Foundation Inc

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
10
Community General Health Partners Inc

Mission novant health exists to improve the health of communities, one person at a time. vision we, the novant health team, will deliver the most remarkable patient experience, in every dimension, every time. values -compassion: we treat…

—
11
Rowan Regional Medical Center Foundation Inc

In the spirit of keeping our focus on patient-centered, equitable and compassionate care while ensuring our organization is sustainable for future generations, we have restated our mission, vision and values and are now guided by our…

Health
12
Rex Hospital Inc

To improve the health and well-being of north carolinians and others whom we serve. we accomplish this by providing leadership and excellence in the interrelated areas of patient care, education, and research.

Health
How this is measured
The grantee most central to the portfolio’s shape is Novant Health Inc; the most unlike its peers is Forsyth Futures. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

13 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 13 of the 15 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
13/13
Grantees still filing
9/13
Grew since first funded

Where the money sits, by cause and then by grantee

FORSYTH MEMORIAL HOSPITAL INC: $21,304,729 · HealthFORSYTH MEMORIAL HOSPITAL INCNOVANT HEALTH INC: $3,592,570 · HealthNOVANT HEALTH INCCOMMUNITY CARE CENTER FOR FORSYTH COUNTY: $1,407,589 · Health+5 more: $483,149 · HealthFOUNDATION HEALTH SYSTEMS CORP: $3,866,305 · OtherFOUNDATION HEALTH SYS…FORSYTH HEALTHCARE INC: $1,750,000 · OtherFORSYTH HEALTHCARE IN…NOVANT MEDICAL GROUP INC: $301,271 · Other+2 more: $211,226 · OtherForsyth Futures: $25,000 · Human ServicesWAKE FOREST UNIVERSITY HEALTH SCIENCES: $11,275 · Education
Health$26,788,037Other$6,128,802Human Services$25,000Education$11,275

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetFORSYTH MEMORIAL HOSPITAL INC: $21,304,729 over 8y, 0.4% of budgetFOUNDATION HEALTH SYSTEMS CORP: $3,866,305 over 8y, 1.5% of budgetNOVANT HEALTH INC: $3,592,570 over 6y, 0.1% of budgetCOMMUNITY CARE CENTER FOR FORSYTH COUNTY: $1,407,589 over 7y, 11% of budgetCOMMUNITY CARE CLINIC OF ROWAN COUNTY INC: $375,000 over 2y, 4.6% of budgetNOVANT MEDICAL GROUP INC: $301,271 over 7y, 0.0% of budgetCANCER SERVICES INC: $67,739 over 3y, 3.4% of budgetMEDICAL PARK HOSPITAL INC: $30,307 over 1y, 0.0% of budgetTHE CENTERS FOR EXCEPTIONAL CHILDREN INC: $16,230 over 1y, 0.9% of budgetAmerican Heart Association Inc: $15,805 over 2y, 0.0% of budgetWAKE FOREST UNIVERSITY HEALTH SCIENCES: $11,275 over 1y, 0.0% of budgetTHE PRESBYTERIAN HOSPITAL: $8,375 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Forsyth Memorial Hospital IncNC15.7× affinity5 shared granteesties to 4 of 4Hover any node to trace its alignments.Compare side by side →

Open a dossier: Forsyth Memorial Hospital Inc · The Winston-Salem Foundation · The Bank of America Charitable Foundation Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Forsyth Medical Center Foundation funds: left to right is the share of its income from government, bottom to top the share from Forsyth Medical Center Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    4report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 15 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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