Atrium Health Foundation
Atrium Health Foundation reported $150.1 million in revenue and $51.6 million in expenses for calendar year 2024. Of every $100 it spent, $82.91 went to program services, $3.38 to management and general costs and $13.71 to fundraising. Its largest source of revenue was investment income: 58.0% of the total. The highest compensation it reported for one person was $1,610,514 (PRESIDENT). Revenue rose 195% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $52MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $150MOther revenue was negative: −$208K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.4% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 13.7% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.11 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 42.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,610,514 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.12% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 127.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 16 of 16 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseSupport for medical education programs: provided operational funding for a variety of medical education programs conducted by ah hospitals to broaden medical knowledge, trained hundreds of new medical professionals, and enhanced medical care for thousands of patients in the carolinas
Support for community health education & awareness programs
Support for children's programs & services: provided significant support for medical equipment & programming in newborn & pediatric units throughout ah hospitals
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 50.00 hrs/week | $0 | $1,475,348 | $135,166 | $1,610,514 |
| SVP OPERATIONS & CFO Officer, 50.00 hrs/week | $0 | $416,376 | $67,784 | $484,160 |
| VP, CHIEF OF STAFF Officer, 50.00 hrs/week | $0 | $254,670 | $41,652 | $296,322 |
| VP, DEVELOPMENT Key employee, 50.00 hrs/week | $0 | $247,219 | $44,456 | $291,675 |
| AVP, FINANCE Highest compensated employee, 40.00 hrs/week | $0 | $177,802 | $23,280 | $201,082 |
| AVP, CORP & FDN RELATIONS/GRANTS Highest compensated employee, 40.00 hrs/week | $0 | $178,522 | $13,486 | $192,008 |
| AVP, DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $0 | $158,527 | $27,354 | $185,881 |
| AVP, STRAT RELATIONS & COM Highest compensated employee, 40.00 hrs/week | $0 | $159,822 | $21,349 | $181,171 |
0 people received more than $100,000 in reportable compensation from Atrium Health Foundation (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6300
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| TCG EVENTS INC Event planning | $1,121,403 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
30 private foundations reported grants to Atrium Health Foundation totaling $8.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Atrium Health Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Atrium Health Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Atrium Health Foundation spent in 2024, $82.91 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Ridgecrest Regional HospitalRidgecrest, CA · revenue $150M · programs 67.0% · 2024
- Planned Parenthood Mar MonteSan Jose, CA · revenue $150M · programs 84.7% · FY2025
- Valley Physician ServicesParamus, NJ · revenue $150M · programs 72.2% · 2024
- Insight ChicagoChicago, IL · revenue $151M · programs 60.2% · 2024
- The Blood ConnectionPiedmont, SC · revenue $150M · programs 94.2% · FY2025
All health care charities · Largest charities in North Carolina
Questions people ask
How much of Atrium Health Foundation's spending goes to programs?
In calendar year 2024, Atrium Health Foundation reported that 82.9% of its $51.6 million in expenses went to program services, 3.4% to management and general and 13.7% to fundraising (Form 990, Part IX).
How much does Atrium Health Foundation pay its top executive?
The largest total compensation Atrium Health Foundation reported for one person in calendar year 2024 was $1,610,514, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Atrium Health Foundation get its money?
Of $150.1 million in revenue in calendar year 2024, 42.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Atrium Health Foundation a registered charity?
The IRS lists EIN 56-6060481 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523179349311112 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433169349305833 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333139349304578 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203159349306720 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349309205 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349300724 · read the filing
All filings for EIN 56-6060481: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.