
Driven by a vision to transform health innovation across the Carolinas, CaroNova partnered with Armstrong McGuire to build the operational foundation and governance structure needed to thrive as an independent nonprofit.
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Case Study
Challenge
CaroNova was founded by a small group of healthcare thought leaders to transform healthcare in the Carolinas by bringing key players together in the name of creating meaningful change. Initially established as a program under an existing nonprofit organization, CaroNova requested Armstrong McGuire’s assistance as they transitioned to become an independent nonprofit.
We found opportunities to help through:

Organizational Development

Leadership Development
- Within four months, developed an implementation plan and established CaroNova’s standalone organizational structure.
- Identified and engaged service providers for finance and accounting, insurance, banking, technology, legal and human resources expertise.
- Established board composition, structure, and governance recommendations and resources.
Case Study
Results
Services
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Opportunities to learn, connect, and engage with ideas shaping nonprofit leadership and growth.
growing impact.
Philanthropy and Fundraising
Who is seeking a trusted partner, ally, and guide who has the experience to help our organization overcome an obstacle or seize an opportunity. We are seeking a solution, a road map, a missing piece with a partner who understands us and will walk with us to create and implement a winning strategy for our team, our clients, and our community.
building capacity.
Organizational Development
Who is seeking a trusted partner, ally, and guide who has the experience to help our organization overcome an obstacle or seize an opportunity. We are seeking a solution, a road map, a missing piece with a partner who understands us and will walk with us to create and implement a winning strategy for our team, our clients, and our community.
strengthening leadership.
Leadership Development
Who is seeking a trusted partner, ally, and guide who has the experience to help our organization overcome an obstacle or seize an opportunity. We are seeking a solution, a road map, a missing piece with a partner who understands us and will walk with us to create and implement a winning strategy for our team, our clients, and our community.


