Atrium Health Foundation is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1960, with $150,109,810 in FY2024 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
Revenue (FY2024)
$150.1M
▲ 126.2% vs prior year
Health median: $840K
Expenses (FY2024)
$51.6M
Net assets
$549.4M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Atrium Health Foundation: 83% to programs · $11 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Atrium Health Foundation: 128 mo reserves · +66% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Atrium Health Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Atrium Health Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Support for atrium health (ah) programs & facilities in the greater charlotte region
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.
Support for medical, nursing & allied health education: provided operating & student scholarship support for ah's nursing & allied health educational programs that graduate hundreds of professionals annually to serve area hospitals and other healthcare facilities.
Revenue grew from $50.8M (FY2019) to $150.1M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
65.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$556.7M
Total liabilities
$7.3M
Net assets
$549.4M
Salaries & benefits
$0
0% of expenses
Board members
16
16 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $150,109,810▲126% | $51,614,932▼20.0% | $549,434,029▲9.7% | $556,746,640▲9.6% | 990 |
| 2023 | $66,370,378▼21.0% | $64,503,775▲43.3% | $500,937,876▲8.2% | $508,029,201▲8.2% | 990 |
| 2022 | $84,047,402▼26.6% | $45,016,290▲18.4% | $462,823,563▼6.3% | $469,651,254▼6.0% | 990 |
| 2021 | $114,575,402▲91.6% | $38,005,282▼19.8% | $493,982,501▲24.6% | $499,528,498▲23.6% | 990 |
| 2020 | $59,803,918▲17.6% | $47,365,051▲0.7% | $396,318,771▲9.3% | $404,080,450▲9.8% | 990 |
| 2019 | $50,835,906 | $47,035,499 | $362,605,505 | $368,152,746 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Armando L Chardiet | President | 50 | — |
| Beverly Ladley | Director | 1 | — |
| David Secrest | Secretary/director | 1 | — |
| David Sheffer | Director | 1 | — |
| Doug Lebda | Director | 1 | — |
| Electa E Mcpherson | Svp Operations & Cfo | 50 | — |
| Grace Nystrum | Director | 1 | — |
| Greg Johnson | Director | 1 | — |
| Gregory Olsen | Director | 1 | — |
| Howard Bissell III | Director | 1 | — |
| Hugh Cummins III | Director | 1 | — |
| Katherine Schmitt | Avp, Finance | 40 | — |
| Kathleen Lefever | Avp, Strat Relations & Com | 40 | — |
| Kellie Mcgregor | Avp, Major Gifts | 40 | — |
| Kirstin E Ashford | Vp, Chief of Staff | 50 | — |
| Luther A Lockwood II | Vice Chair | 1 | — |
| Mandy S Houser | Chair | 1 | — |
| Manuel Rey | Director | 1 | — |
| Mark L Griffith | Vp, Development | 50 | — |
| May Beverly Hemby | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Tcg Events Inc | Event Planning | $1,121,403 |
| Barry Baker Design | Commercial Art & Graphic Design | $177,118 |
159 grants to Atrium Health Foundation totaling $65.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $8,073,582 |
| Winston-salem Foundation | 2 grant(s) for varying purposes | 2024 | $1,501,000 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $344,313 |
| Blood Cancer United Inc | Research grant | 2024 | $125,110 |
| American Cancer Society Inc | Patient support | 2024 | $96,250 |
| Muscular Dystrophy Association | Research | 2024 | $90,000 |
| National Christian Charitable Foundation | Medical care | 2024 | $51,350 |
| American Cancer Society Inc | Patient support | 2024 | $50,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $42,800 |
| Cystic Fibrosis Foundation | Adult care | 2024 | $36,960 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $30,000 |
| American Online Giving Foundation Inc | General support | 2024 | $27,586 |
| Novant Health Inc | Community outreach | 2024 | $19,023 |
| Charities Aid Foundation America | Charitable donation | 2024 | $18,636 |
| Amyotrophic Lateral Sclerosis Assn | Annual grant payment fy25 center of excellence/research | 2024 | $15,000 |
40 grants totaling $42.5M in FY2024 — showing the 15 largest. All grants made by Atrium Health Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Medical education programs | $10,000,000 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Community health education & awareness | $9,466,983 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Children's & newborn programs | $6,466,826 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Cancer programs & research | $4,853,543 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Sanger heart & vascular institute | $2,328,552 |
| Wake Forest University Health Sciences | Support for medical related research | $1,918,981 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Muscular dystrophy research programs | $928,733 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Medical,nursing & allied health education programs | $896,496 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Carolinas rehabilitation outreach programs | $670,674 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | General & minimally invasive surgery programs & research | $646,335 |
| Cms Foundation | Support for community and outreach programs | $633,600 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Long-term care & hospice | $614,984 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Behavioral health programs & psychiatry residency education | $376,189 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Neuro programs, research & education | $369,584 |
| The Charlotte-mecklenburg Hospital Auth DBA Atrium Health | Emergency medicine & trauma programs | $345,536 |
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Data for Atrium Health Foundation (EIN 56-6060481) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.