FORSYTH MEDICAL CENTER FOUNDATION Charity Report

Public IRS 990 nonprofit record

FORSYTH MEDICAL CENTER FOUNDATION

EIN 56-2120959 · Health Care (E112)

What they do

SEE SCHEDULE O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.85%of revenue went to mission work83.0% of expenses · Program services

5.30%of revenue went to fundraising5.9% of expenses

$90.16spent for every $100 of revenueRevenue covered expenses this year.

10.01%of revenue went to management and office costs11.1% of expenses

$19.37in assets for every $1 spent this yearSome assets cannot be spent right away.

36.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $218,583 for HEATHER EGAN (EXEC DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,125,851

Mission workProgram services$3,836,95174.85% of revenue83.0% of expenses

ManagementOffice and general costs$512,93910.01% of revenue11.1% of expenses

FundraisingAsking for donations$271,8315.30% of revenue5.9% of expenses

Revenue left after expensesReported annual surplus$504,1309.84% of revenueShown in gray on the chart

Total expenses$4,621,72190.16% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.0% mission · 11.1% management · 5.9% fundraisingTotal expenses: 90.16% of revenue

2023Expense mix: 87.4% mission · 8.0% management · 4.6% fundraisingTotal expenses: 84.15% of revenue

2022Expense mix: 83.7% mission · 11.2% management · 5.1% fundraisingTotal expenses: 65.03% of revenue

2021Expense mix: 90.9% mission · 4.1% management · 5.0% fundraisingTotal expenses: 67.74% of revenue

2020Expense mix: 86.8% mission · 7.0% management · 6.1% fundraisingTotal expenses: 139.34% of revenue

2019Expense mix: 79.3% mission · 10.9% management · 9.8% fundraisingTotal expenses: 87.40% of revenue

2018Expense mix: 87.2% mission · 3.8% management · 9.0% fundraisingTotal expenses: 69.55% of revenue

2017Expense mix: 87.4% mission · 3.0% management · 9.6% fundraisingTotal expenses: 103.04% of revenue

Money in and money out

Revenue$5,125,851

Expenses$4,621,721

Annual surplus $504,130 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,836,951 · 83.0% of expenses

Management and office costs$512,939 · 11.1% of expenses

Fundraising$271,831 · 5.9% of expenses

See all reported dollar amounts

Revenue$5,125,851

Expenses$4,621,721

Assets$89,545,285

Income$36,580,526

Contributions$1,875,396

Mission work (program services)$3,836,951

Fundraising$271,831

Grants given$29,996,544

Average grant$508,416

Management and general$512,939

Stocks and bonds$66,642,513

Investing fees$72,304

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HEATHER EGANEXEC DIRECTOR · 25 hrs/week $218,583Base $171,588 · Other $46,995

KIMBERLY HENDERSONFMR OFFICER (12/31/19) $199,453Base · Other $199,453

ALICE POPEEVP/CFO (FR 4/29/24) $183,469Base · Other $183,469

JALEEMA SPEAKS MDTRUSTEE/OBGYN $57,266Base · Other $57,266

GEOFFREY GARDNERCFO (TO 4/28/24) $45,078Base · Other $45,078

DOROTHY ANN CAULKINSSVP FDN (TO 6/1/24) · 8 hrs/week $39,237Base · Other $39,237

JOHN CARD MDCHAIR/INTERNIST $36,755Base · Other $36,755

SHARON HARRINGTONVP CHIEF PHILANTHROPY OFF(FR 6/2/24) · 8 hrs/week $14,848Base · Other $14,848

THOMAS GROTE MDTRUSTEE/ONCOLOGIST $10,607Base · Other $10,607

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

HEATHER EGANEXEC DIRECTOR

KIMBERLY HENDERSONFMR OFFICER (12/31/19)

ALICE POPEEVP/CFO (FR 4/29/24)

JALEEMA SPEAKS MDTRUSTEE/OBGYN

GEOFFREY GARDNERCFO (TO 4/28/24)

DOROTHY ANN CAULKINSSVP FDN (TO 6/1/24)

JOHN CARD MDCHAIR/INTERNIST

SHARON HARRINGTONVP CHIEF PHILANTHROPY OFF(FR 6/2/24)

THOMAS GROTE MDTRUSTEE/ONCOLOGIST

JOSEPH LOGANVICE CHAIR

JOHN WOLFETRUSTEE

LARRY PULLIAMTRUSTEE

MARY FOWLERTRUSTEE

ROLLAND BARRETT MDTRUSTEE/CLIN ETHICS MED ED CONSULT

RONNIE WILLARDTRUSTEE

SHERRY POLONSKYTREASURER

STEPHANIE FLORES DE VALGAZTRUSTEE

SUZANNE JABBOURTRUSTEE (FR 1/1/24)

TADELRO BROWNSECRETARY

THOMAS MCDANIELTRUSTEE (FR 1/1/24)

JOSEPH ELYTRUSTEE

JOHN-MARK MITCHELLTRUSTEE (TO 4/30/24)

HENRI CANCIO-FITZGERALDTRUSTEE (FR 1/1/24)

GWENDOLYN CLEMENTSTRUSTEE

GREGORY BREWERTRUSTEE (FR 1/1/24)

GARY ORTIZTRUSTEE (TO 12/31/24)

EVA WUTRUSTEE

ELIZABETH MADDENTRUSTEE

DAVID BAILEYTRUSTEE

DAMON SANDERS-PRATTTRUSTEE

CHARLES BLIXTTRUSTEE

BONNIE DONAHUETRUSTEE

ANDREW SCHNEIDER MDTRUSTEE (TO 12/31/24)/CHIEF OF STAFF

ANDREA GENDRACHITRUSTEE

About this charity

Recognized since: January 1999
Location: 2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC 27103
County: Forsyth
In care of: ALICE POPE
Primary officer: ALICE POPE, EVP & CFO

How to reach them

WebsiteVisit the charity’s website EmailTanya.Armour@novanthealth.org Phone(336) 277-2411

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Health Care (E112)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes