Lenoir Memorial Hospital Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 45% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE LENOIR MEMORIAL HOSPITAL FOUNDATION OPERATES AS A NON-PROFIT, CHARITABLE FOUNDATION TO FINANCIALLY SUPPORT THE MISSION OF LENOIR MEMORIAL HOSPITAL(DBA UNC HEALTH LENOIR). IT SERVES TO RECEIVE CONTRIBUTIONS, HOLD AND MANAGE ASSETS, MAKE CONTRIBUTIONS TO IMPROVE THE HEALTH STATUS OF THE COMMUNITY, AND ASSIST IN PROVIDING HIGH QUALITY HEALTHCARE AND OUTSTANDING CUSTOMER SERVICE.
- Income
- $519,885
- Spending
- $441,435
- Spent on programs
- 45%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 66%
- Employees
- 0
- Volunteers
- 22
- Highest pay
- $259,933, cfo of unc health lenior
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
0 of 1545% of spending went to programs and raising each dollar of donations cost 30 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100.
Independent board
25 of 2515 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $198,950 spent. THE FOUNDATIONS PROGRAM SERVICE ACCOMPLISHMENTS INCLUDED PROVIDING LENOIR MEMORIAL HOSPITAL (DBA UNC HEALTH LENOIR) WITH $1,473 FOR BP MONITORS FOR THE COMMUNITY, $16,742 FOR PORTABLE UV DISINFECTION DEVICES, $3,240 FOR TRANSIT TICKETS FOR PATIENTS WITH TRANSPORATION OBSTACLES,$12,469 FOR TRAUMA CONTROL TRAINING, $3,624 FOR 911 RESCUE TOOLS, $1,922 FOR THE CAR SEAT PROGRAM, $2,100 FOR BOXING THERAPY CERTIFICATION, $38,000 FOR THE TEECLEAN DISINFECTION DEVICE, $24,164 FOR NEW CARTS AND CHAIRS, $4,948 FOR THE CANCER SCREENING PROGRAM, $25,249 FOR A DAVINCI SINK STATION, $1,000 TO ASSIST SITE REBUILD AFTER HURRICAN HELEN AND $7,000 FOR NEW INPATIENT REHAB EQUIPMENT. THE FOUNDATION ALSO PROVIDED SCHOLARSHIPS AND AWARDS TOTALING $9,042 AND PROVIDED ASSISTANCE TO HOSPITAL EMPLOYEES AND PATIENTS TOTALING $8,498.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Memorial Hospital Foundation Inc (Easton, MD), EIN 52-1282080. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.