EIN 56-6088142

North Carolina Medical Society Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1966
Most recent tax filings
2023-12-01
Description
NCMS Foundation: Improving healthcare access through workforce recruitment/retention (CPP) and physician leadership development (KIPL).
Also known as...
NC Medical Society Foundation
Total revenues
$3,318,274
2023
Total expenses
$1,473,519
2023
Total assets
$24,865,225
2023
Num. employees
0
2023

Program areas at North Carolina Medical Society Foundation

The workforce recruitment and retention program includes the community practitioner program (cpp). The main purpose is to improve access to care for patients living in rural and/or under-served areas of North Carolina. The cpp recruits and retains primary care providers as well as general surgeons and psychiatrists through the provision of educational loan repayment as well as practice management and clinical quality services. Cpp works in concert with additional workforce efforts throughout the state to assess health care workforce needs and plan strategically in order to assure a quality physician workforce for under-served patients and communities.
The office-based opioid treatment (obot) project establishes a coalition of organizations to facilitate the expansion of medication assisted treatment and a platform to coordinate the care and support for the recovery of those with opioid use disorder.
Leadership development initiatives fall under the umbrella of the kanof institute for physician leadership (kipl). Kipl's main purpose is to prepare physicians to lead in an evolving health care system. Kipl operates 2 education programs including the ncms leadership college and health care leadership and management and customized training for practices seeking more individualized learning.
Other programs include physician wellness and our community health initiative.

Grants made by North Carolina Medical Society Foundation

GranteeGrant descriptionAmount
North Carolina Medical SocietyValue Based Educatio$200,000

Who funds North Carolina Medical Society Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
North Carolina Professionals Health ProgramFunding for Treatment of Individual Medical Professionals$230,102
Margaret W and Lorimer W Midgett TrustSupport of Daily Operations$71,929
The Griffin EndowmentProgram Support$40,000
...and 1 more grant received

Personnel at North Carolina Medical Society Foundation

NameTitleCompensation
Chip Baggett, JDChief Executive Officer
Shawn ScottChief Operating Officer$0
Larry CrawfordVice President Finance$0
Ashley NewtonVice President Membership$0
Franklin WalkerVice President Foundation$161,452
...and 8 more key personnel

Financials for North Carolina Medical Society Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,420,339
Program services$199,272
Investment income and dividends$608,188
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$90,475
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,318,274

Form 990s for North Carolina Medical Society Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-16990View PDF
2022-122023-11-07990View PDF
2021-122022-12-20990View PDF
2020-122021-08-12990View PDF
2019-122021-02-26990View PDF
...and 10 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $71,929 from Margaret W and Lorimer W Midgett Trust
November 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 14, 2024
Updated personnel
Identified 15 new personnel
November 2, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $230,102 from North Carolina Professionals Health Program
Nonprofit Types
Grantmaking organizationsMedical research organizationsCharities
Issues
HealthEducation
Characteristics
Conducts researchState / local levelReceives government fundingEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 27167
Raleigh, NC 27611
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
ncmedsoc.org/membership/ncms-foundation/ 
Phone
(919) 833-3836
IRS details
EIN
56-6088142
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1966
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
H00: Medical Research: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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