EIN 56-1070364

Forsyth Technical Community College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1973
Most recent tax filings
2024-06-01
Description
The Forsyth Technical Community College Foundation fosters public understanding of and support for Forsyth Technical Community College, solicits and promotes donations to exclusively benefit the college. The foundation contributes to over 275 educational programs provided by the college to over 11,000 credit students and 9,000 corporate and continuing education students. Additionally, it awards various endowments and scholarships to help finance students' higher education and enhance the community through this education.
Total revenues
$1,728,323
2024
Total expenses
$1,726,115
2024
Total assets
$15,627,083
2024
Num. employees
0
2024

Program areas at Forsyth Technical Community College Foundation

Various endowments and scholarships awarded to students at Forsyth Technical Community College to help finance their higher education and enhance the Community through this education.
Contributions to Forsyth Technical Community College for the support of their over 275 (236 curriculum) educational programs provided to over 11,800 credit students and 9,000 corporate and continuing education students.

Who funds Forsyth Technical Community College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lettie Pate Whitehead FoundationFor Nursing/allied Health Scholarships.$300,000
The Winston-Salem Foundation42 Grant(s) for Varying Purposes$111,641
Twin City Development FoundationEducation$87,000
...and 3 more grants received

Personnel at Forsyth Technical Community College Foundation

NameTitleCompensation
Janet SpriggsPresident and Chief Executive Officer , Forsyth Technology$0
Kizzy LeaTreasurer$0
Lashan LovelaceChief Inclusive Excellence and Belonging Officer
Ms. Rebecca AndersonVice President for Information Technology Services and Cio
Dr. Torry ReynoldsAssociateVice President, Student Success
...and 10 more key personnel

Financials for Forsyth Technical Community College Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$1,170,710
Program services$0
Investment income and dividends$420,003
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$142,146
Net income from fundraising events$-4,536
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,728,323

Form 990s for Forsyth Technical Community College Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-12-13990View PDF
2023-062023-12-13990View PDF
2022-062022-12-19990View PDF
2021-062021-11-30990View PDF
2020-062021-05-20990View PDF
...and 10 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 1 new grant, including a grant for $300,000 from Lettie Pate Whitehead Foundation
October 23, 2024
Updated personnel
Identified 5 new personnel
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $87,000 from Twin City Development Foundation
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsFundraising eventsReceives government fundingEndowed supportTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2100 Silas Creek Pkwy
Winston Salem, NC 27103
Metro area
Winston-Salem, NC
County
Forsyth County, NC
Website URL
forsythtech.edu/ 
Phone
(336) 734-7540
IRS details
EIN
56-1070364
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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