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Nonprofit · EIN 51-0191937

FOUNDATION OF FIRSTHEALTH INC

Tax-exempt · PINEHURST, NC 28374

Financials

$10.3M$13.8M2022$11.6M$12.4M2023$18.2M$12.9M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION OF FIRSTHEALTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$18,176,230$12,869,997$5,306,233$104,669,446$3,508,142$101,161,304
September 30, 2024990$11,551,900$12,350,253-$798,353$98,272,778$3,896,554$94,376,224
September 30, 2023990$10,335,371$13,821,102-$3,485,731$86,011,648$3,950,497$82,061,151
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$10,553,251
Program service revenue
$0
Investment income
$7,622,979
Net gain from sales of assets
$4,698,767
Other revenue
$0

Expenses

Grants and similar amounts paid
$10,790,692
Other salaries and wages
$1,169,533
Salaries, compensation and benefits (total)
$1,266,414
Professional fundraising fees
$0
Depreciation
$257,988
Program services (functional)
$11,777,136
Management and general (functional)
$1,078,131
Fundraising (functional)
$14,730

Balance sheet and other

Total assets, start of year
$98,272,778
Total assets, end of year
$104,669,446
Total liabilities, end of year
$3,508,142
Net assets, end of year
$101,161,304
Land, buildings and equipment
$2,538,294
Publicly traded securities
$100,573,158
Net assets without donor restrictions
$34,159,884
Net assets with donor restrictions
$67,001,420
Gross receipts
$23,607,468
Employees
0
Volunteers
199
Year formed
1976
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICKEY FOSTERPRESIDENT & CEO
Trustee or director, Officer
49$0$1,473,637$203,003
DANIEL DO BARNESPRESIDENT - FHPG, INC.
Trustee or director, Officer
49$0$822,184$94,370
JEFFREY CASEYCORPORATE CFO
Officer
49$0$737,723$88,198
KATHY STOCKHAMFOUNDATION PRESIDENT (RETIRED 1/31/25
Trustee or director, Officer
50$0$430,530$22,923
DANA CASSONFOUNDATION PRESIDENT (HIRED 10/11/24)
Trustee or director, Officer
50$0$93,342$30,313
AMY CRABTREEMEMBER
Trustee or director
1$0$0$0
ART MD EDGERTONMEMBER
Trustee or director
1$0$0$0
ART MEDEIROSPAST CHAIR
Trustee or director
1$0$0$0
AUBREY KINSMANMEMBER (AS OF 1/1/25)
Trustee or director
1$0$0$0
BRIAN SMITHSECRETARY (AS OF 1/1/25)
Trustee or director
1$0$0$0
CATHY SCHLAFFSECRETARY (THRU 12/31/24)
Trustee or director
1$0$0$0
CHUCK GOODMANMEMBER (AS OF 1/1/25)
Trustee or director
1$0$0$0
CONNIE FENSTERSTOCKMEMBER
Trustee or director
1$0$0$0
DR CINDY GOODMANMEMBER
Trustee or director
1$0$0$0
JAMES JACKSONMEMBER
Trustee or director
1$0$0$0
14 more people on this return
NameTitleHours / weekCompensation
JAMES OBIMEMBER
Trustee or director
1$0
JOHN MD ELLISTREASURER
Trustee or director
1$0
JUDE WINKLEYMEMBER
Trustee or director
1$0
JUDITH KELLEYMEMBER
Trustee or director
1$0
KAREN FITCHCHAIR
Trustee or director
1$0
KERRY HENSLEYMEMBER
Trustee or director
1$0
MATT MD HARMODYASST. SECRETARY (AS OF 1/1/25)
Trustee or director
1$0
NANCY KAESERMEMBER
Trustee or director
1$0
PETER GROSSMEMBER (AS OF 1/1/25)
Trustee or director
1$0
RICH HOLADAMEMBER
Trustee or director
1$0
ROBERT BAHNERMEMBER
Trustee or director
1$0
ROBERT LOVELLMEMBER (THRU 12/31/24)
Trustee or director
1$0
RONALD BALLARDASST. TREASURER
Trustee or director
1$0
RUSTI WELCHMEMBER
Trustee or director
1$0
990 for the year ended September 30, 2024: 27 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Mickey FosterFHC President & CEO
Trustee or director, Officer
49$0$1,570,478$187,144
Dr Daniel BarnesMember
Trustee or director, Officer
49$0$802,647$70,891
Jeffrey CaseyFHC Corporate CFO
Officer
50$0$713,120$67,728
Kathy StockhamFoundation President
Trustee or director, Officer
50$0$423,309$39,977
Amy CrabtreeMember
Trustee or director
1$0$0$0
Art MedeirosChair (thru 12/31/2023) Past Chair (as of 1/1/2024)
Trustee or director
1$0$0$0
Brian SmithAsst. Secretary (as of 1/1/2024)
Trustee or director
1$0$0$0
Cathy SchlaffSecretary
Trustee or director
1$0$0$0
Cindy GoodmanMember
Trustee or director
1$0$0$0
Connie FensterstockMember
Trustee or director
1$0$0$0
Dr Art EdgertonMember
Trustee or director
1$0$0$0
Dr John EllisTreasurer
Trustee or director
1$0$0$0
Dr Matt HarmodyMember (as of 1/1/2024)
Trustee or director
1$0$0$0
Dr Robert SponzoMember
Trustee or director
1$0$0$0
James J JacksonMember
Trustee or director
1$0$0$0
James ObiMember
Trustee or director
1$0$0$0
John DeVaultPast Chair (thru 12/31/2023)
Trustee or director
1$0$0$0
Jude WinkleyMember (as of 1/1/2024)
Trustee or director
1$0$0$0
Judith KelleyMember (as of 1/1/2024)
Trustee or director
1$0$0$0
Karen FitchAsst. Secretary (thru 12/31/2023) Chair (as of 1/1/2024)
Trustee or director
1$0$0$0
Kerry HensleyMember
Trustee or director
1$0$0$0
Nancy KaeserMember
Trustee or director
1$0$0$0
Rich HoladaMember
Trustee or director
1$0$0$0
Robert BahnerMember
Trustee or director
1$0$0$0
Robert LovellMember
Trustee or director
1$0$0$0
Ronald BallardAsst. Treasurer
Trustee or director
1$0$0$0
Rusty WelchMember
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICKEY FOSTERFHC PRESIDENT & CEO
Trustee or director, Officer
49$0$1,312,047$175,840
DR DANIEL BARNESMEMBER
Trustee or director, Officer
49$0$731,542$63,073
JEFF CASEYCORPORATE CFO
Officer
50$0$660,803$59,721
JACKLYNN LESNIAKMEMBER (THRU 12/31/22)
Trustee or director, Officer
49$0$485,737$47,509
KATHY STOCKHAMPRESIDENT, FOUNDATION
Trustee or director, Officer
50$0$380,119$43,996
ART MEDEIROSCHAIR
Trustee or director
1$0$0$0
JON DEVAULTPAST CHAIR
Trustee or director
1$0$0$0
CATHY SCHLAFFSECRETARY
Trustee or director
1$0$0$0
KAREN FITCHASST. SECRETARY
Trustee or director
1$0$0$0
RON SCHUCHTREASURER (THRU 12/31/22)
Trustee or director
1$0$0$0
DR JOHN ELLISTREASURER (AS OF 1/1/23)
Trustee or director
1$0$0$0
RONALD BALLARDASST. TREASURER
Trustee or director
1$0$0$0
ROBERT BAHNERMEMBER
Trustee or director
1$0$0$0
DR ART EDGERTONMEMBER
Trustee or director
1$0$0$0
CONNIE FENSTERSTOCKMEMBER
Trustee or director
1$0$0$0
CINDY GOODMANMEMBER
Trustee or director
1$0$0$0
KERRY HENSLEYMEMBER (AS OF 1/1/23)
Trustee or director
1$0$0$0
RICH HOLADAMEMBER
Trustee or director
1$0$0$0
JAMES J JACKSONMEMBER
Trustee or director
1$0$0$0
NANCY KAESERMEMBER
Trustee or director
1$0$0$0
ROBERT LOVELLMEMBER
Trustee or director
1$0$0$0
JAMES OBIMEMBER
Trustee or director
1$0$0$0
BECKY SMITHMEMBER (THRU 12/31/22)
Trustee or director
1$0$0$0
DR ROBERT SPONZOMEMBER
Trustee or director
1$0$0$0
RUSTI WELCHMEMBER (AS OF 1/1/23)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
155 MEMORIAL DR, PINEHURST, NC 28374-8710
Principal officer (990 for 2024)
DANA CASSON, 155 MEMORIAL DRIVE, PINEHURST, NC 28374
Signed the 990
AUTUMN MCFALL, CORPORATE CFO
Phone
(910) 695-7500
Return prepared by
FORVIS MAZARS LLP

Mission

PROVIDE PHILANTHROPIC SUPPORT TO FIRSTHEALTH OF THE CAROLINAS, INC., A HEALTHCARE SYSTEM EXEMPT FROM INCOME TAX UNDER IRS SECTION 501C(3) AND 170(B)(1)(A)(III).

990 for the year ended September 30, 2025

Program accomplishments

  • THE FOUNDATION OF FIRSTHEALTH, INC. ("FOUNDATION") PROVIDES PHILANTHROPIC SUPPORT TO THE OPERATING ENTITIES AND BUSINESS LINES OF FIRSTHEALTH OF THE CAROLINAS, INC. ("FIRSTHEALTH"), A NOT-FOR-PROFIT HEALTHCARE SYSTEM. THIS FY 2025 PHILANTHROPIC SUPPORT INCLUDED $10,790,692 IN GRANTS TO FIRSTHEALTH FOR OPERATIONAL SUPPORT OF EXISTING PATIENT CARE FACILITIES AND SERVICES, PHYSICIAN AND CLINICAL STAFF EDUCATION, AND OTHER APPROVED OPERATIONAL NEEDS. SIGNIFICANT FY 2025 DISBURSEMENT FROM THE FOUNDATION TO FIRSTHEALTH INCLUDED, BUT WERE NOT LIMITED TO: * $7,500,000 AS FINAL PAYMENT TOWARD THE FOUNDATION'S FINANCIAL PLEDGE FOR THE NEW COMPREHENSIVE CANCER CENTER. * $643,330 PAID BY THE FIRSTHEALTH HOSPICE FOUNDATION TO COVER ONGOING ANNUAL OPERATING LOSSES OF THE FIRSTHEALTH HOSPICE HOUSE (INPATIENT FACILITY); PROVIDE FOR THE MAINTENANCE OF THE HEALING GARDENS AT THE HOSPICE HOUSE, AND TO OFFSET A PORTION OF THE ONGOING PATIENT CARE COSTS OF FIRSTHEALTH'S OUTPATIENT PALLIATIVE CARE PROGRAM NOT PAID THROUGH MEDICARE AND MOST COMMERCIAL INSURANCE COMPANIES. * $533,388 PAID TO COVER THE OPERATING DEFICIT OF THE CLARA MCLEAN HOSPITALITY HOUSE ("CLARA'S HOUSE") LOCATED ON THE FIRSTHEALTH MOORE REGIONAL HOSPITAL - PINEHURST CAMPUS AND TO OFFSET THE COST OF COMMUNITY PROGRAMS HELD AT THE FACILITY. * $277,042 PAID IN SUPPORT OF THE FIRSTHEALTH PHYSICIAN'S LEADERSHIP ACADEMY PROGRAM AND THE CENTER FOR PROVIDER WELL-BEING. * $370,506 DISBURSED FROM THE CANCER CARE FUND TO ASSIST PATIENTS WITH DIFFERENT TYPES OF CANCER WITH THE COST OF MEDICATION CO-PAYS, GAS MONEY, ARRANGING SPECIAL TRANSPORTATION NEEDS, SPECIAL NUTRITIONAL NEEDS, ETC. * $125,000 PAID TO FIRSTHEALTH MOORE REGIONAL HOSPITAL IN SUPPORT OF NUMEROUS NURSING EDUCATION PROGRAMS, NURSING ENRICHMENT PROGRAMS, NURSING SCHOLARSHIPS, EXTERNAL PROFESSIONAL CONFERENCES, ETC. AND FOR ONGOING MAGNET TRAINING. * $523,250 PAID TO PROVIDE UNDERINSURED CHILDREN WITH QUALITY DENTAL CARE AND OUTSIDE PROFESSIONAL DENTAL SERVICES FOR NEEDED DENTAL SURGERIES. * $254,246 PAID IN SUPPORT OF THE ENGAGED BRAINS PROJECT, FOCUSING ON A COMMUNITY-WIDE, PERSON-CENTERED APPROACH TO DEMENTIA EDUCATION AND CARE. * $246,000 PAID IN SUPPORT OF THE REID HEALTHCARE TRANSFORMATION FELLOWSHIP, FOCUSING ON DESIGNING INNOVATIVE, PERSON-CENTERED DEMENTIA CARE PATHWAYS, INVOLVING LOCAL HEALTHCARE AND COMMUNITY RESOURCES. * $64,343 PAID TO SUPPORT THE FIRSTFUTURES INITIATIVE, PARTNERING WITH AREA COMMUNITY COLLEGES TO PROVIDE STUDENT AID AND FINANCIAL INCENTIVES TO EDUCATE THE NEXT GENERATION OF THE HEALTHCARE WORKFORCE. * $162,170 DISBURSED BY THE FIRSTHEALTH RICHMOND MEMORIAL HOSPITAL FOUNDATION IN SUPPORT OF HEALTH SERVICES PROVIDED TO THE RESIDENTS OF RICHMOND COUNTY. * $40,000 DISBURSED BY THE FIRSTHEALTH MONTGOMERY MEMORIAL HOSPITAL FOUNDATION IN SUPPORT OF HEALTH SERVICES PROVIDED TO THE RESIDENTS OF MONTGOMERY COUNTY. THE CLARA MCLEAN HOUSE ("CLARA'S HOUSE") SERVED 16,499 GUESTS SINCE ITS INCEPTION IN 2012. THIS ENCOMPASSED 27,029 ROOM NIGHTS WITH GUESTS VISITING FROM 48 STATES AND 8 COUNTRIES. IN ADDITION, OVER 9,500 VISITS WERE MADE TO THE ON-SITE HEALING GARDEN BY GUESTS AND THE PINEHURST COMMUNITY AT-LARGE. IN FISCAL YEAR 2025, CLARA'S HOUSE CONTINUED ITS FOCUS ON THE CANCER PATIENT POPULATION AS ITS MAIN HOUSING MARKET. WITH THE CANCER CENTER ENTERING ITS THIRD YEAR OF OPERATION, THE NUMBER OF ROOM NIGHTS FOR CANCER PATIENTS STAYING AT CLARA'S HOUSE MADE UP 58% OF ALL ROOM NIGHTS PROVIDED. THANKS TO THE GENEROUS PHILANTHROPIC SUPPORT OF THE COMMUNITY THROUGH THE FOUNDATION OF FIRSTHEALTH, CLARA'S HOUSE PROVIDED 979 NIGHTS TO MORE THAN 240 CANCER PATIENTS AT NO CHARGE, EQUATING TO AN APPROXIMATE VALUE OF $186,010 IN ACCOMMODATIONS. MANY PATIENTS AND THEIR CAREGIVER(S) STAYED FOR UP TO 6 WEEKS DURING TREATMENT REGIMENS, WHICH REQUIRED STAFF TO STEP INTO A MORE REFINED SKILL SET TO ACCOMPANY FOLKS THROUGH THIS VARIED AND OFTEN ARDUOUS PORTION OF THEIR MEDICAL AND HEALING JOURNEY. THERE WERE 25 VOLUNTEERS WHO SERVED THE GUESTS IN CLARA'S HOUSE AND 25 VOLUNTEERS WHO MAINTAINED THE HEALING GARDENS. THESE VOLUNTEERS PROVIDED 1,671HOURS OF SERVICE IN 2025, AT A VALUE OF $58,100. THE HOUSE VOLUNTEERS PROVIDED MEALS AND SNACKS FOR GUESTS, ADDRESSED THEIR ON-GOING NEEDS, AND ASSISTED WITH DAILY HOUSE NEEDS. WITH MANY OF THE GUESTS NOT HAVING TRANSPORTATION AVAILABILITY, THESE EFFORTS PROVIDED DAILY INTERACTIONS AND COMMUNICATION ESSENTIAL TO THE HEALING PROCESS. FROM THE OVERALL LODGING STANDPOINT, 905 GUESTS STAYED A TOTAL OF 1,675 ROOM NIGHTS, WITH 466 OF THOSE GUESTS BEING FIRST TIME VISITORS. GUESTS TRAVELED A MEAN DISTANCE OF 83 MILES AND STAYED AN AVERAGE OF 2.0 NIGHTS. TOP DIAGNOSTIC GROUPS REMAINED ONCOLOGY, ORTHOPEDIC AND HEART PATIENTS, WITH THE TOP THREE COUNTIES BEING SERVED FROM CUMBERLAND, ROBESON AND RICHMOND. OVER 108 OF THOSE NIGHTS WERE DEDICATED TO PROVIDER RECRUITMENT, RETENTION AND THOSE IN SERVICE TO FIRSTHEALTH. CLARA'S HOUSE REMAINED A CENTRAL HUB FOR COMMUNITY NAVIGATION, OUTREACH AND ADVOCACY, HOSTING 11 DIFFERENT SUPPORT GROUPS. OVER 1,612 VISITS HAD BEEN MADE TO PARKINSON'S, DEMENTIA, TRAUMATIC BRAIN INJURY, STROKE RECOVERY AND CHRONIC KIDNEY DISEASE GROUPS. MUSIC AND ART THERAPY, AS WELL AS CENTERING PRAYER AND BOOK CLUB, WERE STILL GOING STRONG AFTER BEING IN SERVICE MORE THAN A DECADE FROM THIS LOCATION. ADDITIONALLY, THREE FIRSTHEALTH DEPARTMENTS OPERATED OUT OF CLARA'S HOUSE, INCLUDING FIRSTFUTURES AND TELEHEALTH SERVICES. CLARA'S HOUSE HOSTED 584 MEETINGS IN SHADOWLAWN AND THE HOUSE AT LARGE, IN SUPPORT OF THE SPACE NEEDS ON THE FIRSTHEALTH MOORE REGIONAL HOSPITAL CAMPUS.
    Expenses $11,777,136 · grants $10,790,692

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
51-0191937
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1976
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$104,669,446
Income (IRS master file)
$23,607,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$18,176,230$12,869,997$104,669,446XML
990September 2024$11,551,900$12,350,253$98,272,778XML
990September 2023$10,335,371$13,821,102$86,011,648XML
990September 2022$15,308,548$7,961,615$84,024,548IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0191937).

Questions about FOUNDATION OF FIRSTHEALTH INC

What is the EIN of FOUNDATION OF FIRSTHEALTH INC?
The employer identification number (EIN) of FOUNDATION OF FIRSTHEALTH INC is 51-0191937.
Is FOUNDATION OF FIRSTHEALTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to FOUNDATION OF FIRSTHEALTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FOUNDATION OF FIRSTHEALTH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION OF FIRSTHEALTH INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION OF FIRSTHEALTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FOUNDATION OF FIRSTHEALTH INC?
The 990 for the year ended September 30, 2025 names DANA CASSON.
Who are the officers and directors of FOUNDATION OF FIRSTHEALTH INC?
The 990 for the year ended September 30, 2025 lists 29 people; 0 received compensation from the organization.
How much revenue does FOUNDATION OF FIRSTHEALTH INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $18,176,230, expenses of $12,869,997 and total assets of $104,669,446 at year end.

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