EIN 56-6037615

The Winston-Salem Foundation

IRS 501(c) type
501(c)(3)
Num. employees
32
Year formed
1919
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Winston-Salem Foundation inspires giving and strengthens Forsyth County. It supports community development, education, and philanthropy through scholarships and grants.
Total revenues
$62,200,081
2022
Total expenses
$84,263,784
2022
Total assets
$629,191,522
2022
Num. employees
32
2022

Program areas at The Winston-Salem Foundation

Grant program - administering approximately 1,040 endowed funds and 570 temporary funds as well as providing advisory services for The benefit of various cultural, educational, health, social, and religious organizations in The community. Includes scholarships primarily to forsyth county residents upon approval by an advisory committee under The Foundation's guidance.
Focused initiatives to increase philanthropy among african-americans, women, and youth. Advisory committees and giving circles utilized to promote philanthropy and to award grants deemed applicable.

Grants made by The Winston-Salem Foundation

GranteeGrant descriptionAmount
Atlanta Neighborhood Development Partnership2 Grant(s) for Varying Purposes$2,600,000
United Way of Forsyth County80 Grant(s) for Varying Purposes$1,586,330
Atrium Healthcare Foundation4 Grant(s) for Varying Purposes$1,501,600
...and 637 more grants made totalling $68,232,343

Who funds The Winston-Salem Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Christopher FundSupport for Grant-Making$930,000
SalemtowneEstablish Support Fund$850,000
Novant HealthCommunity Outreach$340,000
...and 15 more grants received

Personnel at The Winston-Salem Foundation

NameTitleCompensation
J Todd SlateVice President , Finance$204,089
Brittney J GaspariVice President , Community Investment / Director , Grants$147,836
Carolyn O FultonDirector , Marketing and Communications$106,181
D Patrick MeehanDirector , Information Technology$105,503
Andrea M HulighanDirector , Strategic Initiatives / Program Officer$116,135
...and 12 more key personnel

Financials for The Winston-Salem Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$44,208,653
Program services$28,118
Investment income and dividends$12,044,183
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,919,127
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$62,200,081

Form 990s for The Winston-Salem Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-01990View PDF
2018-122020-02-11990View PDF
...and 9 more Form 990s
Data update history
February 3, 2024
Received grants
Identified 4 new grant, including a grant for $340,000 from Novant Health
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 2 new personnel
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $20,000 from Z. Smith Reynolds Foundation (ZSR)
August 20, 2023
Received grants
Identified 13 new grant, including a grant for $930,000 from Christopher Fund
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
751 W Fourth St 200
Winstonsalem, NC 27101
Metro area
Winston-Salem, NC
Website URL
wsfoundation.org 
Phone
(336) 725-2382
Facebook page
winstonsalemfoundation 
Twitter profile
@wsfoundation 
IRS details
EIN
56-6037615
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1919
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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