2025-11-14T11:51:50-06:00 2024-12-31 990 2024-01-01 562120959 FORSYTH MEDICAL CENTER FOUNDATION FORS 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ALICE POPE EVP & CFO 3362772411 2025-11-14 1 2024 2025-03-06 01:10:19Z NOVANT HEALTH FORSYTH MEDICAL CENTER FOUNDATION CARL ARMATO 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 36580526 0 X WWW.SUPPORTNOVANTHEALTH.ORG X 1981 NC SEE SCHEDULE O 27 22 8 22 0 0 3967017 1875396 0 0 1628793 3250455 0 0 5595810 5125851 3974213 3622380 0 0 541020 509301 0 0 271831 193716 490040 4708949 4621721 886861 504130 83318371 89545285 1019374 62548 82298997 89482737 X SEE SCHEDULE O 0 0 3836951 3622380 0 THE ORGANIZATION OPERATES TO RAISE COMMUNITY SUPPORT AND FUNDING THROUGH CHARITABLE GIVING FOR ESSENTIAL PROGRAMS, IMPROVED FACILITIES, AND STATE-OF-THE-ART TECHNOLOGY OF NOVANT HEALTH FORSYTH MEDICAL CENTER, NOVANT HEALTH KERNERSVILLE MEDICAL CENTER, AND NOVANT HEALTH CLEMMONS MEDICAL CENTER, AS WELL AS AFFILIATED OPERATIONS IN THE NOVANT HEALTH SYSTEM AND OTHER HEALTHCARE RELATED COMMUNITY CAUSES. 3836951 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 22 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X WENDI STOCKSTILL 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ANDREA GENDRACHI TRUSTEE 0.20 0.00 X 0 0 0 ANDREW SCHNEIDER MD TRUSTEE (TO 12/31/24)/CHIEF OF STAFF 0.20 1.00 X 0 6105 0 BONNIE DONAHUE TRUSTEE 0.20 0.00 X 0 0 0 CHARLES BLIXT TRUSTEE 0.20 0.00 X 0 0 0 DAMON SANDERS-PRATT TRUSTEE 0.20 0.00 X 0 0 0 DAVID BAILEY TRUSTEE 0.20 0.00 X 0 0 0 ELIZABETH MADDEN TRUSTEE 0.20 0.00 X 0 0 0 EVA WU TRUSTEE 0.20 0.00 X 0 0 0 GARY ORTIZ TRUSTEE (TO 12/31/24) 0.20 0.00 X 0 0 0 GREGORY BREWER TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 GWENDOLYN CLEMENTS TRUSTEE 0.20 0.00 X 0 0 0 HENRI CANCIO-FITZGERALD TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 JALEEMA SPEAKS MD TRUSTEE/OBGYN 0.20 45.00 X 0 472760 57266 JOHN CARD MD CHAIR/INTERNIST 0.50 45.00 X X 0 451509 36755 JOHN WOLFE TRUSTEE 0.20 0.00 X 0 0 0 JOHN-MARK MITCHELL TRUSTEE (TO 4/30/24) 0.20 0.00 X 0 0 0 JOSEPH ELY TRUSTEE 0.20 0.00 X 0 0 0 JOSEPH LOGAN VICE CHAIR 0.50 0.00 X X 0 0 0 LARRY PULLIAM TRUSTEE 0.20 0.00 X 0 0 0 MARY FOWLER TRUSTEE 0.20 0.00 X 0 0 0 ROLLAND BARRETT MD TRUSTEE/CLIN ETHICS MED ED CONSULT 0.20 0.20 X 0 1534 0 RONNIE WILLARD TRUSTEE 0.20 0.00 X 0 0 0 SHERRY POLONSKY TREASURER 0.50 0.00 X X 0 0 0 STEPHANIE FLORES DE VALGAZ TRUSTEE 0.20 0.00 X 0 0 0 SUZANNE JABBOUR TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 TADELRO BROWN SECRETARY 0.50 0.00 X X 0 0 0 THOMAS GROTE MD TRUSTEE/ONCOLOGIST 0.20 45.00 X 0 199116 10607 THOMAS MCDANIEL TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 ALICE POPE EVP/CFO (FR 4/29/24) 0.20 50.00 X 0 991687 183469 DOROTHY ANN CAULKINS SVP FDN (TO 6/1/24) 8.00 42.00 X 0 803158 39237 GEOFFREY GARDNER CFO (TO 4/28/24) 0.20 50.00 X 0 1254252 45078 HEATHER EGAN EXEC DIRECTOR 25.00 25.00 X 171588 0 46995 SHARON HARRINGTON VP CHIEF PHILANTHROPY OFF(FR 6/2/24) 8.00 42.00 X 0 290978 14848 KIMBERLY HENDERSON FMR OFFICER (12/31/19) 0.00 50.00 X 0 1421376 199453 171588 5892475 633708 1 1 1 0 0 253999 1621397 1392 1875396 1078420 1078420 33626710 31454675 2172035 2172035 2172035 5125851 0 0 3250455 3217929 3217929 404451 404451 218583 218583 237837 59537 40449 137851 10242 2560 1740 5942 14574 4014 2561 7999 28065 7016 4771 16278 72304 72304 804 346 169 289 27262 13631 13631 17075 5058 7762 4255 1253 313 213 727 51757 51757 9856 2947 1784 5125 4211 1811 884 1516 11363 4524 3052 3787 358 358 MISCELLANEOUS 136724 62504 72163 2057 DUES AND SUBSCRIPTIONS 64917 27677 13580 23660 TRAINING & EDUCATION 55684 13921 9466 32297 OTHER SUPPLIES 24101 5621 9240 9240 12371 3091 2103 7177 4621721 3836951 512939 271831 1347054 1071554 3671099 2834395 1346 0 196941 114870 93433 82071 61322312 66642513 16883127 18862917 0 51835 83318371 89545285 90795 62548 928579 0 1019374 62548 X 67951738 75032428 14347259 14450309 82298997 89482737 83318371 89545285 X 504130 4125496 2554114 X 0 1 X 1 1 1 X 2719712 2644941 3907496 3967017 1875396 15114562 2719712 2644941 3907496 3967017 1875396 15114562 6189131 8925431 962053 1040141 968399 876173 1078420 4925186 1273 1273 20041021 0.44540 0.47170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14347259 3311481 199503 3407934 14450309 12577293 3945648 61185 2236867 14347259 11321269 2974912 -140614 133741 1444533 12577293 11493574 2081442 271160 70827 2454080 11321269 12447741 1914567 117023 50841 2934916 11493574 0.00000 1.00000 0.00000 0 0 196941 114870 82071 82071 OTHER SECURITIES 18862917 F 18862917 0 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD FOR AFFILIATE HOSPITAL SERVICE COSTS RELATED TO VARIOUS CENTERS AT THE ACUTE CARE FACILITIES AND SUPPORT FOR THE SURROUNDING COMMUNITY. THE VARIOUS ENDOWMENT FUNDS SUPPORT CANCER SERVICES, BEHAVIORAL HEALTH MEDICAL PROGRAMS, NEUROLOGY/STROKE PROGRAMS & EDUCATION, MEDICAL STAFF DEVELOPMENT, NURSING EDUCATION, REHABILITATION SERVICES, NEONATAL SERVICES, WOMEN'S HEALTH SERVICES, ASSISTANCE TO EMPLOYEES, AND OTHER PROGRAMS THAT BENEFIT NOVANT HEALTH FACILITIES. PART X, LINE 2: PART X, LINE 2: LIABILITY UNDER FIN 48 (ASC 740) FOOTNOTE THE AUDIT FOR NOVANT HEALTH AND ITS AFFILIATES IS PREPARED ON A CONSOLIDATED BASIS. THE COMPANY IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THIS EVALUATION INCLUDES A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF OUR FOR-PROFIT SUBSIDIARIES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. 1 COMMUNITY CARE CENTER FOR FORSYTH COUNTY 2135 NEW WALKERTOWN ROAD WINSTONSALEM NC 27101 581403699 501(C)(3) 125000 0 COMMUNITY OUTREACH FORSYTH MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTONSALEM NC 27103 560928089 501(C)(3) 1092809 0 TO SUPPORT NHFMC, NHCMC, AND NHKMC FOUNDATION HEALTH SYSTEMS CORP 2085 FRONTIS PLAZA BLVD WINSTONSALEM NC 27103 561373175 501(C)(3) 41667 0 TO SUPPORT TODAY'S WOMAN NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTONSALEM NC 27103 561376950 501(C)(3) 1851350 0 TO SUPPORT NOVANT HEALTH, INC. AND AFFILIATES FORSYTH COUNTY 201 N CHESTNUT STREET WINSTONSALEM NC 27101 566000450 GOVERNMENT 107103 0 TO SUPPORT FORYSTH COUNTY DEPARTMENT OF PUBLIC HEALTH 5 0 EMPLOYEE EMERGENCY FUND 230 159818 MAMMOGRAMS 452 96595 MEDICATION FOR INDIGENT PATIENTS 21 2233 FMV MEDICATION FOR INDIGENT PATIENTS PATIENT ASSISTANCE 4118 73355 30566 FMV WHEELCHAIRS, CAR SEATS, & ZOLL LIFE VESTS FOR INDIGENT PATIENTS PATIENT TRANSPORTATION 35 3884 FMV CAB FARES FOR INDIGENT PATIENTS SCHOLARSHIPS 14 38000 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE FILING ORGANIZATION IS PART OF THE INTEGRATED HEALTHCARE SYSTEM OPERATED BY NOVANT HEALTH, INC. ("NOVANT HEALTH"), THE PARENT ORGANIZATION. NOVANT HEALTH'S BYLAWS AUTHORIZE IT TO ESTABLISH CERTAIN POLICIES FOR ALL OF ITS SUBSIDIARIES WITHIN THE SYSTEM. NOVANT HEALTH HAS ESTABLISHED A SYSTEM-WIDE CORPORATE POLICY WITH STANDARDIZED GUIDELINES THAT ARE TO BE USED IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE FILING ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS ARE MAINTAINED VIA THE GENERAL LEDGER. FUNDS ARE GENERALLY NOT TRACKED AFTER BEING GRANTED, AS THE ORIGINAL ELIGIBILITY AND SELECTION CRITERIA HAVE ALREADY BEEN MET. X X X X 1 1 1 1 0 0 0 0 0 0 0 KIMBERLY HENDERSON FMR OFFICER (12/31/19) 0 807422 0 498449 0 115505 0 168921 0 30532 0 1620829 0 59922 GEOFFREY GARDNER CFO (TO 4/28/24) 0 457268 0 732220 0 64764 0 20700 0 24378 0 1299330 0 22093 ALICE POPE EVP/CFO (FR 4/29/24) 0 824247 0 0 0 167440 0 173333 0 10136 0 1175156 0 0 DOROTHY ANN CAULKINS SVP FDN (TO 6/1/24) 0 160279 0 335344 0 307535 0 10620 0 28617 0 842395 0 53040 JALEEMA SPEAKS MD TRUSTEE/OBGYN 0 326559 0 85955 0 60246 0 20700 0 36566 0 530026 0 0 JOHN CARD MD CHAIR/INTERNIST 0 357158 0 28860 0 65491 0 20700 0 16055 0 488264 0 0 SHARON HARRINGTON VP CHIEF PHILANTHROPY OFF(FR 6/2/24) 0 227170 0 41184 0 22624 0 14319 0 529 0 305826 0 0 HEATHER EGAN EXEC DIRECTOR 157547 0 13009 0 1032 0 9992 0 37003 0 218583 0 0 0 THOMAS GROTE MD TRUSTEE/ONCOLOGIST 0 160442 0 37388 0 1286 0 9638 0 969 0 209723 0 0 PART I, LINE 1A PART I, LINE 1A: FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: EXECUTIVES ARE LIMITED TO BUSINESS OR COACH CLASS FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE FOR CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL WHO MEET POLICY CRITERIA AND OBTAIN APPROPRIATE APPROVALS. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED AS PASSENGERS ON CERTAIN CHARTER FLIGHTS PAID BY THE ORGANIZATION. THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED USING APPLICABLE TAX LAW. THE CALCULATED AMOUNT IS INCLUDED IN THE EXECUTIVES TAXABLE COMPENSATION INCOME AS PRESCRIBED BY APPLICABLE TAX LAW. DISCRETIONARY SPENDING ACCOUNT: CERTAIN EXECUTIVES RECEIVE A DISCRETIONARY SPENDING ACCOUNT. THE DOLLAR AMOUNT IN THE ACCOUNT IS PRE-APPROVED BY THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD OF TRUSTEES. THE EXECUTIVE MAY DEFER THE AMOUNT TO A RETIREMENT ACCOUNT OR THE AMOUNT IS TREATED AS COMPENSATION AND IS SPREAD OUT OVER THE COURSE OF THE YEAR IN THE EXECUTIVE'S PAYCHECKS AS TAXABLE INCOME. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: TEMPORARY HOUSING ALLOWANCES ARE INCLUDED IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE TAXABLE VALUE OF THESE ARRANGEMENTS IS CALCULATED AND INCLUDED IN THE EXECUTIVE'S TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE FEDERAL LAW AND REGULATIONS. PART I, LINE 3 THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM AND RELIES UPON NOVANT HEALTH, INC., THE PARENT ORGANIZATION, TO USE THE PROCESS DESCRIBED IN PART VI, LINE 15A/15B OF THIS RETURN TO ESTABLISH COMPENSATION FOR CERTAIN EXECUTIVES. THIS PROCESS ADHERES TO THE REQUIREMENTS SET FORTH TO SECURE THE REBUTTABLE PRESUMPTION OF REASONABLENESS AND INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT AND DISINTERESTED MEMBERS OF A COMPENSATION COMMITTEE, CONSULTATION WITH INDEPENDENT COMPENSATION CONSULTANTS, THE UTILIZATION OF THIRD-PARTY COMPARABILITY DATA SUCH AS PUBLISHED COMPENSATION SURVEYS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PART I, LINES 4A-B PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE DOROTHY ANN CAULKINS $218,478 NONQUALIFIED KIMBERLY HENDERSON $62,883 DOROTHY ANN CAULKINS $55,503 GEOFFREY GARDNER $22,093 EQUITY-BASED NONE PART I, LINE 4A - SEVERANCE PLAN: ELIGIBLE EXECUTIVES MAY RECEIVE SEVERANCE PAY THAT IS BASED ON ANNUAL COMPENSATION FOR A SPECIFIED PERIOD OF TIME. THE SEVERANCE PAY WOULD BE PAID ONLY IN THE EVENT OF CERTAIN TYPES OF EMPLOYMENT TERMINATION, AND IS FURTHER CONTINGENT ON THE SATISFACTION OF OTHER CONDITIONS SUCH AS COMPLIANCE WITH A NON-COMPETITION COVENANT. ANY CURRENT YEAR PAYMENTS HAVE BEEN INCLUDED IN THE COMPENSATION AMOUNTS REPORTED IN PART VII AND IN COLUMN (B)(III) OF SCHEDULE J. THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SEVERANCE PLAN. PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") IS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES, AND TO OFFER COMPETITIVE TOTAL COMPENSATION. GENERALLY, ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND ARE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS OR PAYMENTS, THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("COMMITTEE") WILL APPROVE THE AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WILL APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. OTHERWISE, VESTING WILL OCCUR ON JANUARY 1ST OF EACH YEAR FOR THE APPROPRIATE CLASS-YEAR VESTING PERIOD. THE COMMITTEE REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SERP. FORM 990, PI, L1: ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES NOVANT HEALTH, INC. IS A NON-PROFIT INTEGRATED NETWORK OF MORE THAN 900 LOCATIONS, INCLUDING 19 MEDICAL CENTERS, MORE THAN 750 PHYSICIAN CLINICS AND URGENT CARE CENTERS, OUTPATIENT FACILITIES, AND IMAGING AND PHARMACY SERVICES. NOVANT HEALTH'S MORE THAN 40,000 TEAM MEMBERS ALONG WITH MORE THAN 8,500 INDEPENDENT AND EMPLOYED CLINICIANS CARE FOR PATIENTS AND COMMUNITIES IN NORTH CAROLINA AND SOUTH CAROLINA. THE NOVANT HEALTH INTEGRATED HEALTHCARE SYSTEM OPERATES TO CARRY OUT ITS CHARITABLE MISSION OF IMPROVING THE HEALTH OF COMMUNITIES IT SERVES AND MAKING HEALTHCARE REMARKABLE FOR PATIENTS. NOVANT HEALTH ACCOMPLISHES THAT MISSION BY PROVIDING AND SUPPORTING EXCELLENT HEALTHCARE FACILITIES AND PHYSICIAN PRACTICES AND BY MAKING A COMMITMENT TO COMMUNITY OUTREACH/SERVICE THROUGH THE PROVISION OF COMMUNITY BENEFIT PROGRAMS. BY BRINGING TOGETHER WORLD-CLASS TECHNOLOGY AND CLINICIANS TO PROVIDE QUALITY CARE, NOVANT HEALTH IS COMMITTED TO CREATING A HEALTHCARE EXPERIENCE THAT IS SIMPLER, MORE CONVENIENT AND MORE AFFORDABLE SO PATIENTS CAN FOCUS ON GETTING BETTER AND STAYING HEALTHY. IN 2024, NOVANT HEALTH PROVIDED MORE THAN 7 MILLION PATIENT VISITS AND OVER $1.6 BILLION OF COMMUNITY BENEFIT EXPENDITURES SYSTEM-WIDE. FORSYTH MEDICAL CENTER FOUNDATION ("FMCF") IS AN INTEGRAL PART OF THE NOVANT HEALTH SYSTEM. FMCF, DOING BUSINESS AS NOVANT HEALTH FORSYTH MEDICAL CENTER FOUNDATION, EXISTS TO SEEK GRANTS, ACCEPT GIFTS, INVEST FUNDS, AND ADMINISTER DONATIONS IN SUPPORT OF FORSYTH MEMORIAL HOSPITAL, DOING BUSINESS AS NOVANT HEALTH FORSYTH MEDICAL CENTER ("NHFMC"), NOVANT HEALTH KERNERSVILLE MEDICAL CENTER ("NHKMC"), AND NOVANT HEALTH CLEMMONS MEDICAL CENTER ("NHCMC"). FMCF'S MISSION IS TO ENGAGE DONORS IN PROJECTS AND INITIATIVES THAT IMPROVE THE HEALTH OF THE COMMUNITIES SERVED BY NOVANT HEALTH. FMCF'S CAUSE IS TO CREATE A HEALTHIER FUTURE AND BRING REMARKABLE EXPERIENCES TO LIFE. FMCF SUPPORTS PATIENTS, FAMILIES, CAREGIVERS, AND TEAM MEMBERS WITH PROGRAMS AND SERVICES PROVIDING EXPANDED CARE, TREATMENT AND PREVENTION OPTIONS. FMCF ALSO PROVIDES A MISSION-ALIGNED GRANT TO THE COMMUNITY CARE CENTER TO SUPPLEMENT HEALTHCARE AND PREVENTION PROGRAMS FOR UNDERSERVED AND UNINSURED PATIENTS. ITS DIVERSE BOARD OF COMMUNITY LEADERS FROM WINSTON SALEM, CLEMMONS, KERNERSVILLE AND GREENSBORO, NORTH CAROLINA PROVIDES STEWARDSHIP AND OVERSIGHT OF THE ORGANIZATION'S OPERATIONS AND ACTIVITIES. COMMUNITY OUTREACH IS A CRITICAL COMPONENT TO THE MISSION OF NOVANT HEALTH. THE HEALTHCARE SYSTEM PROVIDES HUNDREDS OF PROGRAMS THAT SERVE PATIENTS, NEIGHBORS, AND SOME OF THE COMMUNITIES' MOST VULNERABLE CITIZENS. NOVANT HEALTH ALSO PROVIDES FINANCIAL ASSISTANCE (I.E., CHARITY CARE) FOR ITS QUALIFIED UNINSURED PATIENTS, CATASTROPHIC SETTLEMENTS AND LONG-TERM PAYMENT PLANS TO MEDICALLY INDIGENT PATIENTS, SERVICES TO PATIENTS WITH MEDICARE, MEDICAID, AND OTHER GOVERNMENT MEDICAL PROGRAM COVERAGE (REIMBURSED AT LESS THAN COST), COMMUNITY HEALTH EDUCATION, SUPPORT GROUPS, SUBSIDIZED OUTREACH SERVICES AND COMMUNITY EVENTS/SCREENINGS. IN ADDITION, NOVANT HEALTH PARTICIPATES IN MEDICAL RESEARCH, AS WELL AS ACADEMIC HEALTH PROGRAMS AND PARTNERSHIPS WITH A DIVERSE GROUP OF ORGANIZATIONS TO PROVIDE OTHER COMMUNITY INITIATIVES. NOVANT HEALTH IS ALSO COMMITTED TO SUPPORTING THE COMMUNITIES IT SERVES THROUGH CHARITABLE CONTRIBUTIONS TO COMMUNITY-BASED PROGRAMS THAT IMPROVE HEALTH EQUITY AND UPWARD MOBILITY FOR THOSE WHO NEED IT MOST. TOWARD THAT GOAL, NOVANT HEALTH INVESTS IN COMMUNITY-BASED PROGRAMS THAT ALIGN WITH ITS TWO INVESTMENT PRIORITIES OF DEVELOPING HEALTHY COMMUNITIES AND EXPANDING OPPORTUNITIES FOR HEALTHCARE EDUCATION. IN 2024, FMCF'S GIFTS, GRANTS, AND EARNINGS FROM INVESTMENTS WERE USED TO SUPPORT MANY PATIENT AND COMMUNITY OUTREACH PROGRAMS, TOUCHING VIRTUALLY EVERY INSTITUTE AT NHFMC. EXAMPLES OF FINANCIAL SUPPORT PROVIDED TO NHFMC INCLUDE: - SALARY FUNDING FOR ONCOLOGY NURSE NAVIGATORS, PATIENT MEDICATION & TRANSPORTATION, NURSING EDUCATION FINANCIAL AWARDS, MAMMOGRAMS, AND STAFF EDUCATION. - SALARY FUNDING FOR COMMUNITY HEALTH WORKERS SUPPORTING PATIENTS WITH CHRONIC HEALTH CONDITIONS LIKE DIABETES, COPD, AND CONGESTIVE HEART FAILURE. PATIENTS PARTICIPATED IN A 90-DAY PROGRAM PROVIDING NEEDED TOOLS TO MANAGE DISEASES WITH THE GOAL OF SUSTAINABLE HEALTHY OUTCOMES AND DECREASING EMERGENCY DEPARTMENT UTILIZATION RATES. - BLOOD PRESSURE CUFFS AND SCALES FOR PATIENTS WITH CHRONIC HEART DISEASE, ESPECIALLY IMPORTANT WHEN PATIENTS ARE NOT ABLE TO EASILY VISIT A PROVIDER'S OFFICE OR PHARMACY TO MONITOR THEIR WEIGHT. - DENTAL CARE FOR PATIENTS WITH HEAD/NECK CANCER REQUIRING EXPENSIVE ORAL SURGERY PRIOR TO UNDERGOING CANCER TREATMENT. - OPERATIONAL FUNDING FOR FIRST STEPS, AN IN-HOME NURSE VISIT PROGRAM FOR NEW MOTHERS DELIVERING AT NHFMC AND SUPPORTING FORSYTH AND DAVIDSON COUNTIES, WHICH CONNECTS PATIENTS WITH A RANGE OF COMMUNITY RESOURCES INCLUDING POSTPARTUM DEPRESSION SCREENING AND SUPPORT. - FINANCIAL SUPPORT FOR TEAM MEMBERS THROUGH THE UPWARD MOBILITY RN AWARD, INCLUDING TUITION, BOOKS & FEES, PROFESSIONAL DEVELOPMENT OPPORTUNITIES, AND FINANCIAL LITERACY PROGRAMMING. - TEAM MEMBER WELLNESS SPACES AT NHKMC AND NHFMC. - FUNDING FOR THE RENOVATION AND EXPANSION OF NOVANT HEALTH TODAY'S WOMAN OB/GYN AND TODAY'S PEDIATRICS TO ADD TODAY'S ADULT FAMILY MEDICINE, IN ADDITION TO OPERATIONAL SUPPORT. THIS CLINIC SERVES PATIENTS IN AN UNDERSERVED COMMUNITY AND PROVIDES BILINGUAL TEAM MEMBERS TO ASSIST PATIENTS WITH TRANSPORTATION, SOCIAL WORK SUPPORT, AND CONNECTIONS WITH EXTERNAL COMMUNITY NON-PROFIT PARTNERS. - FINANCIAL SUPPORT FOR NOVANT HEALTH'S EMPLOYEE EMERGENCY FUND, SUPPORTING RENT & UTILITY PAYMENTS AND GROCERIES FOR TEAM MEMBERS FACING EMERGENCIES OR OTHER FINANCIAL CHALLENGES. - OPERATIONAL FUNDING FOR THE WOMEN'S COUNCIL OF FMCF, WHICH ENGAGES WOMEN IN RAISING THE STANDARD FOR WOMEN'S HEALTH AND EXPANDING HEALTHCARE OPPORTUNITIES FOR ALL WOMEN, REGARDLESS OF THEIR ECONOMIC CIRCUMSTANCES. - FINANCIAL SUPPORT FOR PATIENTS BATTLING CANCER TO PARTICIPATE IN WELLNESS PROGRAMMING, WHICH INCLUDES SOCIAL AND EMOTIONAL SUPPORT, NUTRITION COUNSELING, AND EXERCISE CLASSES. - SALARY AND BENEFITS FOR THREE CHAPLAINS IN THE TRIAD REGION TO SUPPORT PATIENTS AND TEAM MEMBERS DURING TIMES OF CRISIS. FORM 990, PART III, LINE 1: OUR CAUSE (FKA MISSION, VISION AND VALUES) IN THE SPIRIT OF KEEPING OUR FOCUS ON PATIENT-CENTERED, EQUITABLE AND COMPASSIONATE CARE WHILE ENSURING OUR ORGANIZATION IS SUSTAINABLE FOR FUTURE GENERATIONS, WE HAVE RESTATED OUR MISSION, VISION AND VALUES AND ARE NOW GUIDED BY OUR CAUSE. OUR CAUSE WE CREATE A HEALTHIER FUTURE AND BRING REMARKABLE EXPERIENCES TO LIFE. DISCOVER WE CONSISTENTLY SEEK TO INNOVATE, COURAGEOUSLY TRANSFORM OURSELVES AND FIND NEW WAYS TO ADD VALUE FOR OUR PATIENTS, COMMUNITIES AND ONE ANOTHER. EMPOWER WE PROVIDE ONE ANOTHER, OUR PATIENTS, FAMILIES AND COMMUNITIES WITH THE RESOURCES AND ENVIRONMENT TO CREATE SHARED ACCOUNTABILITY AND ACTION. THRIVE WE DEMONSTRATE EQUITY, EMPATHY, SAFETY AND QUALITY TO HELP EACH OTHER, AND OUR COMMUNITIES GROW AND SUCCEED. TOGETHER WE WORK AS A TRUSTED TEAM WITH OUR UNIQUE PERSPECTIVES, LIFE EXPERIENCES AND EXPERTISE TO BRING REMARKABLE TO LIFE IN EVERY INTERACTION. WE ALL BELONG. FORM 990, PART VI, SECTION A, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: ELECTION OF MEMBERS AND THEIR RIGHTS FORSYTH MEMORIAL HOSPITAL, INC. APPOINTS THE MAJORITY OF THE FORSYTH MEDICAL CENTER FOUNDATION'S BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11: ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE BOARD DELEGATES REVIEW OF THE FORM 990 TO NOVANT HEALTH'S BOARD OF TRUSTEES' AUDIT AND COMPLIANCE COMMITTEE ("THE COMMITTEE"), WHICH OVERSEES TAX MATTERS FOR ENTITIES IN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS THE REVIEW BODY FOR ALL OF THE FORM 990S FILED FOR TAX-EXEMPT ORGANIZATIONS WITHIN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS PROVIDED A COPY OF FORM 990 AND MEETS TO ADDRESS ANY QUESTIONS AND SIGNIFICANT DISCLOSURES WITHIN THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: MONITORING AND ENFORCEMENT OF COI NOVANT HEALTH'S TRUSTEE CONFLICT OF INTEREST POLICY, APPLICABLE TO THE FILING ORGANIZATION, APPLIES TO ALL TRUSTEES, PRINCIPAL OFFICERS OR MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS INCLUDING ANY APPLICABLE DISREGARDED ENTITIES. ALL TRUSTEES ARE SENT AN ANNUAL DISCLOSURE QUESTIONNAIRE. THE TRUSTEE ANNUAL DISCLOSURE QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE AND TAX DEPARTMENTS. WITH RESPECT TO PARTICULAR TRANSACTIONS THAT COME BEFORE THE BOARD, THE CONFLICT OF INTEREST POLICY WOULD BE FOLLOWED. THE POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED BY THE BOARD MEMBER BEFORE A VOTE ON THE TRANSACTION AND THE REST OF THE BOARD WOULD DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE REST OF THE BOARD DETERMINED THAT A CONFLICT OF INTEREST EXISTED THEN THE BOARD MEMBER WITH THE CONFLICT OF INTEREST WOULD NOT PARTICIPATE IN THE DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A/15B: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM. INDEPENDENT AND DISINTERESTED BOARD MEMBERS OF THE PARENT ORGANIZATION, NOVANT HEALTH, INC. BOARD OF TRUSTEES (WHO COMPRISE THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE BOARD), REVIEW, APPROVE, AND OVERSEE ALL ASPECTS OF COMPENSATION AND BENEFITS FOR CERTAIN LEADERS ("EXECUTIVES") SERVING AS OFFICERS, INCLUDING THE TOP MANAGEMENT OFFICIAL, OR KEY EMPLOYEES FOR NOVANT HEALTH ENTITIES. THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES THIRD PARTY COMPARABILITY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS TO ENSURE THAT TOTAL COMPENSATION AND BENEFITS FOR EACH EXECUTIVE IS REASONABLE. THE COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION AND BENEFITS ANNUALLY, CONSISTENT WITH THE WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY OF NOVANT HEALTH, AND IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES AND THE ORGANIZATION'S ONLY OFFICERS, OTHER THAN THE TOP MANAGEMENT OFFICIAL, ARE STATE LAW BOARD OFFICERS. THESE EMPLOYEES DO NOT HOLD A CORPORATE POSITION OF INFLUENCE THAT RESULTS IN REVIEW OF THEIR COMPENSATION BY THE PARENT ORGANIZATION'S COMPENSATION AND LEADERSHIP COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS DISCLOSURE THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAINING ALL ORGANIZATIONS IN THE NOVANT HEALTH SYSTEM ARE POSTED TO THE NOVANT HEALTH WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CONTRIBUTION ADJUSTMENT -209,427. AFFILIATE TRANSFER 1,622,885. NET ASSET TRANSFER FROM AUXILIARY OF FORSYTH MEMORIAL HOSPITAL DISSOLUTION 1,140,656. 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