EIN 56-6037615

The Winston-Salem Foundation

IRS 501(c) type
501(c)(3)
Num. employees
31
Year formed
1919
Most recent tax filings
2021-12-01
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
$216,140,511
2021
Total expenses
$86,589,942
2021
Total assets
$744,028,025
2021
Num. employees
31
2021

Program areas at The Winston-Salem Foundation

Grant program - administering approximately 1,000 endowed funds and 580 temporary funds as well as providing advisory services for The benefit of various cultural, educational, health, social, and religious organizations in The community.
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. Focused inititaives to support (1) community development collaboratives and (2) youth transitioning from orphanages into society.
Student aid program - provides scholarships primarily to forsyth county residents) upon approval by an advisory committee under The Foundation's guidance. Also administer some student loans which are being converted to scholarship funds as repayments are received.

Grants made by The Winston-Salem Foundation

GranteeGrant descriptionAmount
Johnson C Smith University (JCSU)2 Grant(s) for Varying Purposes$3,000,100
Fidelity Investments Charitable Gift Fund1 Grant(s) for Varying Purposes$2,200,000
Wake Forest University Baptist Medical Center167 Grant(s) for Varying Purposes$2,049,004
...and 626 more grants made totalling $68,896,798

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
Reynolds American FoundationProject Impact$625,000
...and 22 more grants received totalling $3,549,379

Personnel at The Winston-Salem Foundation

NameTitleCompensation
J Todd SlateVice President , Finance and Administration$168,718
Brittney J GaspariVice President , Community Investment / Director , Grants$116,287
Scott F WiermanPresident$250,701
Carolyn O FultonDirector , Marketing and Communications$106,785
D Patrick MeehanDirector , Information Technology$112,353
...and 18 more key personnel

Financials for The Winston-Salem Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$182,534,078
Program services$750,102
Investment income and dividends$12,343,053
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$20,513,278
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$216,140,511

Form 990s for The Winston-Salem Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-15990View PDF
2019-122021-03-01990View PDF
2018-122020-02-11990View PDF
2017-122019-03-06990View PDF
2016-122017-12-11990View PDF
...and 7 more Form 990s
Data update history
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 1, 2023
Updated personnel
Identified 2 new personnel
May 23, 2023
Used new vendors
Identified 2 new vendors, including , and
May 9, 2023
Received grants
Identified 6 new grant, including a grant for $200,000 from Arbor Acres
November 29, 2022
Used new vendors
Identified 2 new vendors, including , and
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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