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North Carolina · Nonprofit

NORTH CAROLINA HEALTHCARE FOUNDATION INC

NORTH CAROLINA HEALTHCARE FOUNDATION INC (North Carolina) receives grants from 18 organizations whose IRS filings report $8,757,927 to it, the largest being THE DUKE ENDOWMENT ($8,300,000). 4 of them have funded it in more than one year.

Revenue FY2024
$6.5M
Funders on record
18
Grants received
$8.8M
Net assets
$7.5M
4/18 repeat funderspeak grant-dependency 34%
01What it does

What North Carolina Healthcare Foundation Inc does

Mission

To foster and accelerate the collective impact of hospitals, health systems and community partners to improve the health of north carolinians.

As stated on its FY2024 Form 990.

Programs

  1. North carolina community health programs improve access to better health through community-based networks of care and programs addressing chronic health for low-income and uninsured individuals with chronic health issues.

    $1,707,690 spentof which $200,000 as grants
    21% of program spending
  2. Caronova is an incubator that connects key people and organizations with promising innovations to accelerate necessary change. Our purpose is to align leaders across the carolinas in pursuit of a better system of care.

    $4,517,089 spentof which $1,700,000 as grants
    55% of program spending
  3. Patient safety programs promote patient safety and healthcare improvement, including a focus on rural and behavioral health needs throughout north carolina.

    $1,668,844 spentof which $60,000 as grants
    20% of program spending
  4. Other programs address improved health in north carolina's communities with a focus on developing the next generation of healthcare leaders.

    $342,015 spentof which $247,714 as grants
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $8,235,638.

02The organization over time

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.

100 = 20172017 Revenue 100 ($3.7M) Expenses 100 ($5.1M) Net assets 100 ($4.2M)2019 Revenue 158 ($5.9M) Expenses 109 ($5.5M) Net assets 125 ($5.2M)2020 Revenue 1004 ($37M) Expenses 708 ($36M) Net assets 174 ($7.3M)2021 Revenue 143 ($5.3M) Expenses 80 ($4.0M) Net assets 205 ($8.6M)2022 Revenue 131 ($4.9M) Expenses 76 ($3.9M) Net assets 213 ($8.9M)2023 Revenue 142 ($5.3M) Expenses 105 ($5.3M) Net assets 221 ($9.3M)2024 Revenue 176 ($6.5M) Expenses 169 ($8.5M) Net assets 179 ($7.5M)
2017201920202021202220232024
Revenue (176)Expenses (169)Net assets (179)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $6.8M to $12M (+75%).

$5.1M
$6.8M
$12M
$9.8M
$11M
$11M
$9.9M
2017201920202021202220232024
Total assetsTotal liabilities

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.

2017
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 21% · 2019 44% · 2020 73%. Grants only. Government contracts and fees sit inside program revenue.

97% of NORTH CAROLINA HEALTHCARE FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$1.3M
’17
$370k
’19
$1.6M
’20
$1.3M
’21
$1.0M
’22
−$21k
’23
−$2.0M
’24
6.7
months of
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.

Board chair

Greg Lowe

Board chair

As listed on its FY2024 Form 990.

2017201920202021202220232024
Listed6131214242427
Joined··+1+5+11+0+15
No longer listed··231012
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $15k → $1.1M.

5 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NORTH CAROLINA HEALTHCARE FOUNDATION INC’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

NORTH CAROLINA HEALTHCARE FOUNDATION INC leans on a few funders — its largest provides 95% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95%
largest funder
97%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 60% · 2019 100% · 2020 37% · 2021 92% · 2023 100% — broadly stable.

“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.

How long its funders stay

0% of NORTH CAROLINA HEALTHCARE FOUNDATION INC's funders are still giving 3 years after their first grant; 22% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

97% of NORTH CAROLINA HEALTHCARE FOUNDATION INC's grant income comes from North Carolina funders.

MN
IL
IA
CA
VA
TN
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $97k arriving through sponsors registered in 4 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.

04Its place in the field

Against its field

NORTH CAROLINA HEALTHCARE FOUNDATION INC is better cushioned than half of the 8,121 health nonprofits its size.

Operating margin−31% · bottom quartile
Months of reserve6.7mo · above the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Government funding NORTH CAROLINA HEALTHCARE FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.6M on record.

Federal$7.6M
grants $7.6Mcontracts $0
Top agencies
  • Department of Health and Human Services$7.6M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NORTH CAROLINA HEALTHCARE FOUNDATION INC

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

14
board members
93%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 2 related entities

  • Ncha Inc · exempt
  • North Carolina Healthcare Enterprises · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA HEALTHCARE FOUNDATION INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 NORTH CAROLINA HEALTHCARE FOUNDATION INC?
NORTH CAROLINA HEALTHCARE FOUNDATION INC (North Carolina) receives grants from 18 organizations whose IRS filings report $8,757,927 to it, the largest being THE DUKE ENDOWMENT ($8,300,000). 4 of them have funded it in more than one year.
How many funders does NORTH CAROLINA HEALTHCARE FOUNDATION INC have?
IRS filings report 18 organizations giving $8,757,927 in grants to NORTH CAROLINA HEALTHCARE FOUNDATION INC, 4 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA HEALTHCARE FOUNDATION INC?
THE DUKE ENDOWMENT is the largest funder on record, with $8,300,000 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA HEALTHCARE FOUNDATION INC 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 18 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