EIN 56-6037615

The Winston-Salem Foundation

IRS 501(c) type
501(c)(3)
Num. employees
36
Year formed
1919
Most recent tax filings
2023-12-01
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
$73,014,325
2023
Total expenses
$91,071,721
2023
Total assets
$641,591,558
2023
Num. employees
36
2023

Program areas at The Winston-Salem Foundation

Grant program - administering approximately 1,060 endowed funds and 573 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
Charities Aid Foundation of America8 Grant(s) for Varying Purposes$3,176,913
Coppin State University Development Foundation1 Grant(s) for Varying Purposes$2,000,000
Atrium Healthcare Foundation2 Grant(s) for Varying Purposes$1,500,100
...and 726 more grants made totalling $76,085,416

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
DAFgiving360Public, Societal Benefit$344,002
...and 11 more grants received

Financials for The Winston-Salem Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$38,715,598
Program services$93,986
Investment income and dividends$11,447,140
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$22,757,601
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$73,014,325

Organizations like The Winston-Salem Foundation

OrganizationLocationRevenue
Philadelphia Foundation (PF)Philadelphia, PA$57,345,521
The Minneapolis FoundationMinneapolis, MN$146,901,684
East Tennessee Foundation (ETF)Knoxville, TN$19,791,090
The Denver FoundationDenver, CO$108,742,732
The Rhode Island FoundationProvidence, RI$87,701,485
Community Foundation of New JerseyMorristown, NJ$145,893,936
California Community FoundationLos Angeles, CA$270,688,976
Seattle FoundationSeattle, WA$186,713,007
Maine Community FoundationEllsworth, ME$108,670,378
Arkansas Community FoundationLittle Rock, AR$94,928,038
Data update history
January 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 10, 2025
Updated personnel
Identified 3 new personnel
January 4, 2025
Used new vendors
Identified 5 new vendors, including , , , , and
January 4, 2025
Received grants
Identified 3 new grant, including a grant for $180,000 from Arbor Acres
November 26, 2024
Updated personnel
Identified 14 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
EducationCommunity improvement
Characteristics
Political advocacyOperates donor advised fundsProvides grantsLobbyingState / local levelEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
751 W Fourth St 200
Winston Salem, NC 27101
Metro area
Winston-Salem, NC
County
Forsyth County, 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
Central organization
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