North Carolina · Nonprofit
BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION
BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION (North Carolina) receives grants from 7 organizations whose IRS filings report $9,537,242 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,031,000). 3 of them have funded it in more than one year, and 95% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $545k
- Funders on record
- 7
- Grants received
- $9.5M
- Net assets
- $12M
What Brunswick Novant Medical Center Foundation does
Mission
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. Our cause we create a healthier future and bring remarkable experiences to life. Discover we consistently seek to innovate, courageously transform ourselves and find new ways to add value for our patients, communities and one another. Empower we provide one another, our patients, families and communities with the resources and environment to create shared accountability and action. Thrive we demonstrate equity, empathy, safety and quality to help each other, and our communities grow and succeed. Together we work as a trusted team with our unique perspectives, life experiences and expertise to bring remarkable to life in every interaction. We all belong.
As stated on its FY2024 Form 990.
Program
The organization operates to raise community support and funding through charitable giving for essential programs, improved facilities, and state-of-the-art technology of novant health brunswick medical center, a non-profit hospital located in bolivia, nc.
$236,660 spentof which $217,295 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $236,660.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.6M to $12M (+640%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
89% of BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Margaret Wassum
Exec director
Board chair
Kristin Tait
Chair (to 12/31/24)/integr proj mgr
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base narrowed from 4 funders to 2 funders, grant income rose $341k → $2.0M.
3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 95% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $6k from one payer (the payer shares this organization's board, largest Presbyterian Hospital Foundation). These are real filings, and they are not money BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION raised.
From the IRS filings of BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION leans on a few funders — its largest provides 95% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION.
Largest funder’s share by year: 2020 91% · 2021 89% · 2022 99% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
95% of BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $466k that is directly attributable, 98% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $9.1M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION runs a healthier operating margin than three-quarters of the 13,754 health nonprofits its size.
this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024
Organizations like BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
69% of spending goes to programs.
Governance
Public support
58%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 22 related entities
- Auxiliary of Forsyth Memorial Hospital · exempt
- Carolina Healthcare Associates Inc · exempt
- Community General Hospital Foundation Inc · exempt
- Forsyth Medical Center Foundation · exempt
- Forsyth Memorial Hospital Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION?
- BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION (North Carolina) receives grants from 7 organizations whose IRS filings report $9,537,242 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,031,000). 3 of them have funded it in more than one year, and 95% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION have?
- IRS filings report 7 organizations giving $9,537,242 in grants to BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $9,031,000 in grants. The full list of funders is on this page.
- How can an organization like BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing