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 727 more grants made totalling $76,471,684

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$320,000
...and 12 more grants received

Personnel at The Winston-Salem Foundation

NameTitleCompensation
Todd SlateVice President , Finance
Elaine SummerfieldVice President , Community Investment
Sheila VirgilVice President , Development and Donor Services
Andrea HulighanVice President , Strategy and Culture$116,135
Carolyn O FultonDirector , Marketing and Communications$106,181
...and 19 more key personnel

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

Form 990s for The Winston-Salem Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-01990View PDF
...and 10 more Form 990s

Organizations like The Winston-Salem Foundation

OrganizationLocationRevenue
The Philadelphia Foundation (PF)Philadelphia, PA$57,345,521
East Tennessee Foundation (ETF)Knoxville, TN$19,791,090
The Denver FoundationDenver, CO$108,742,732
Collier Community FoundationNaples, FL$52,218,014
Seattle FoundationSeattle, WA$186,713,007
Community Foundation of New JerseyMorristown, NJ$145,893,936
The Rhode Island FoundationProvidence, RI$87,701,485
California Community FoundationLos Angeles, CA$270,688,976
The Minneapolis FoundationMinneapolis, MN$115,302,787
Inland Empire Community Foundation (TCF)Riverside, CA$41,121,733
Data update history
January 13, 2025
Posted financials
Added Form 990 for fiscal year 2023
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
October 19, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from Z. Smith Reynolds Foundation (ZSR)
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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