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North Carolina · Nonprofit

THE HEALTH FOUNDATION INC

THE HEALTH FOUNDATION INC (North Carolina) receives grants from 18 organizations whose IRS filings report $1,086,983 to it, the largest being LUCILLE S BEESON CHAR TR BOND MGMT ($637,440). 8 of them have funded it in more than one year.

Revenue FY2025
$1.9M
Funders on record
18
Grants received
$1.1M
Net assets
$2.9M
8/18 repeat funderspeak grant-dependency 5%
01What it does

What The Health Foundation Inc does

Mission

To improve the health and well-being of the people in our communities.

As stated on its FY2025 Form 990.

Programs

  1. Scholarship - there is a national shortage of health care professionals that is even more acutely felt in rural areas such as wilkes county. The health foundation awards scholarships for students interested in earning a degree in a health care profession and then working in wilkes or surrounding northwestern north carolina counties. Health care professionals are in high demand and typically provide living wage jobs and career advancement. By investing in these students' professional development, we help ensure a caring work force to meet local demand. Students who maintain strong grade point averages can renew their scholarship for each year until graduation. Health care programs require classroom, lab, and clinical rotations that make it nearly impossible to work while attaining their degree, making the scholarship even more important to the students' ability to complete their studies. In our small, rural community, it is an added bonus that we get to see these students find lasting employment in work they love while caring for others.

    $93,854 spentof which $72,000 as grants$77,974 earned by the program
    5% of program spending
  2. Prevention - many of the most complex health care issues in our rural, underserved community can't possibly be solved by any one person, program, or organization. We have found that by bringing together others who share our vision of a community where everyone is healthy, safe, and able to thrive that we can accomplish deeper, meaningful change. That is why we lead local collaborative efforts that engage a broad cross sector of service providers, local governments, businesses, and concerned citizens. These groups identify barriers people face and then test and develop strategies to solve them. For example, the resiliency collaborative recognizes that children who experience abuse, neglect, or family separation often carry those traumas into adulthood. Likewise, if their parents or caregivers have mental illness or substance use disorders, children don't learn healthy coping skills. This can lead to very unhealthy behaviors -- so-called generational trauma -- that can reduce life expectancy by as much as twenty years. Thankfully, even just one healthy and caring adult can be a lifeline for a child living with these adverse childhood experiences. Therefore, the collaborative offers…

    $677,156 spentof which $310,974 as grants$562,580 earned by the program
    39% of program spending
  3. Access to care - because people in rural communities face numerous barriers to receiving adequate health care due to its costs, as well as having transportation to consider. The health foundation's flagship program is the operation of west park, a centrally located medical campus just one-quarter mile from our local hospital. Tenants include primary care, medical specialists, dental care, and social support services. The campus connects to the yadkin river greenway and hosts both a pre-school playground and an adult exercise equipment zone that are free to the public. The campus is also home to an indoor meeting space that nonprofit organizations can reserve free of charge for meetings of up to 36 people, complete with audiovisual capabilities. The campus's central greenspace can also be reserved for community benefit activities such as "safe kids" events, the start of fundraising walks, or small group events. The "wilkes fresh" mobile market has its food hub at west park and its mobile unit sells affordable fruits and vegetables there. Through grantmaking, we expand access to care by supporting organizations to provide vital services to improve the health and wellbeing of wilkes…

    $944,713 spentof which $122,175 as grants$784,865 earned by the program
    55% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,715,723.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($1.6M) Expenses 100 ($1.7M) Net assets 100 ($4.6M)2021 Revenue 108 ($1.7M) Expenses 117 ($2.0M) Net assets 97 ($4.5M)2022 Revenue 120 ($1.9M) Expenses 112 ($1.9M) Net assets 98 ($4.6M)2023 Revenue 116 ($1.8M) Expenses 96 ($1.6M) Net assets 82 ($3.8M)2024 Revenue 128 ($2.0M) Expenses 150 ($2.5M) Net assets 80 ($3.7M)2025 Revenue 121 ($1.9M) Expenses 126 ($2.1M) Net assets 63 ($2.9M)
202020212022202320242025
Revenue (121)Expenses (126)Net assets (63)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 2022 to 2023, from $5.3M to $6.1M (+14%).

$5.7M
$5.5M
$5.3M
$6.1M
$5.9M
$5.7M
202020212022202320242025
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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 9% · 2024 4% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

24% of THE HEALTH FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.

−$105k
’20
−$277k
’21
$6k
’22
$221k
’23
−$501k
’24
−$206k
’25
5.1
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.

Chief executive

Heather Murphy

Executive director

As listed on its FY2025 Form 990.

202020212022202320242025
Listed181817201920
Joined·+0+2+4+1+1
No longer listed·03120
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $20k → $41k.

4 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 THE HEALTH 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

THE HEALTH FOUNDATION INC leans on a few funders — its largest provides 59% of grant income and the top three 76%; half comes from just 1 funder.

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

59%
largest funder
76%
top three
~3
effective funders

Largest funder’s share by year: 2017 50% · 2019 59% · 2020 65% · 2021 65% · 2022 88% · 2023 67% — 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.

How long its funders stay

43% of THE HEALTH FOUNDATION INC's funders are still giving 3 years after their first grant; 44% give in more than one year at all.

first grant+1y+2y+3y

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

THE HEALTH FOUNDATION INC draws 68% of its grant income from funders outside North Carolina, across 6 states in all.

MN
CT
VA
NC
AL
GA

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

’17
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $26k 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

THE HEALTH FOUNDATION INC is better cushioned than half of the 5,002 health nonprofits its size.

Operating margin−11% · bottom quartile
Months of reserve5.1mo · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025

Organizations like THE HEALTH 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

81% of spending goes to programs.

Program 81%Management 17%Fundraising 2%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

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

Screen this organization

A dated, signed PDF of the compliance screen for THE HEALTH 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.

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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 THE HEALTH FOUNDATION INC?
THE HEALTH FOUNDATION INC (North Carolina) receives grants from 18 organizations whose IRS filings report $1,086,983 to it, the largest being LUCILLE S BEESON CHAR TR BOND MGMT ($637,440). 8 of them have funded it in more than one year.
How many funders does THE HEALTH FOUNDATION INC have?
IRS filings report 18 organizations giving $1,086,983 in grants to THE HEALTH FOUNDATION INC, 8 of which have funded it in more than one year.
Who is the largest funder of THE HEALTH FOUNDATION INC?
LUCILLE S BEESON CHAR TR BOND MGMT is the largest funder on record, with $637,440 in grants. The full list of funders is on this page.
How can an organization like THE HEALTH 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 FY2025 (financials across 2020–2025), 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 22, 2026. What this page cannot tell you · view filing