Mission
TO FUND, THROUGH GRANTS, PUBLIC EDUCATION AND ECONOMIC DEVELOPMENT IN FORSYTH COUNTY AND SURROUNDING AREAS.
Public Charity
TWIN CITY DEVELOPMENT FOUNDATION
TWIN CITY DEVELOPMENT FOUNDATION, of WINSTONSALEM, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $958K in revenue, $754K in expenses, $16.4M in total assets. IRS filings disclose 101 grants awarded by this foundation, totaling roughly $2.8M.
EIN: 208548088
WINSTONSALEM, NC
Latest filing: 2024
Total Revenue$958K
Total Expenses$754K
Total Assets$16.4M
Grants Given101
Grant Total$2.8M
Filing Years2020–2024
Sample Grants Given
ECONOMIC DEVELOPMENT
$110,000
WINSTON-SALEM STATE UNIVERSITY
EDUCATION
$72,000
EDUCATION
$70,000
ECONOMIC DEVELOPMENT
$70,000
WINSTON-SALEMFORSYTH COUNTY SCHOOL
EDUCATION
$50,000
Showing up to 5 of 101 total records — full history available with membership.
Officers & Directors
DIRECTOR
Adam Sebastian
2ND PAST CHA
Andy Dreyfuss
DIRECTOR
Betsy Brown
DIRECTOR
Carol Davis
DIRECTOR
Damon Sanders-Pratt
DIRECTOR
Dixon Pitt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $958K | $754K | $16.4M |
| 2023 | $1.1M | $713K | $15.0M |
| 2022 | $-115K | $445K | $13.6M |
| 2021 | $629K | $659K | $16.7M |
| 2020 | $2.5M | $243K | $15.0M |
Between 2020 and 2024, reported annual revenue declined from $2.5M to $958K (-62%), with total assets most recently reported at $16.4M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NC.
NC
Full geographic grant map with state-by-state breakdown available with membership.