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 2025 filing shows $688K in revenue, $1.1M in expenses, $18.1M in total assets. IRS filings disclose 123 grants awarded by this foundation, totaling roughly $3.7M.
EIN: 208548088
WINSTONSALEM, NC
Chambers of Commerce & Business Leagues
NTEE: S41
Latest filing: 2025
Total Revenue$688K
Total Expenses$1.1M
Total Assets$18.1M
Grants Given123
Grant Total$3.7M
Filing Years2021–2025
Sample Grants Given
EDUCATION
$400,000
ECONOMIC DEVELOPMENT
$50,000
WINSTON-SALEMFORSYTH COUNTY SCHOOL
EDUCATION
$40,000
EDUCATION
$35,000
ECONOMIC DEVELOPMENT
$30,000
Showing up to 5 of 123 total records — full history available with membership.
Officers & Directors
DIRECTOR
Adam Sebastian
DIRECTOR
Betsy Brown
VICE CHAIR
Carol Davis
DIRECTOR
Dixon Pitt
DIRECTOR
Ellis Keifer
DIRECTOR
Jamarkus Swinson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $688K | $1.1M | $18.1M |
| 2024 | $958K | $754K | $16.4M |
| 2023 | $1.1M | $713K | $15.0M |
| 2022 | $-115K | $445K | $13.6M |
| 2021 | $629K | $659K | $16.7M |
Between 2021 and 2025, reported annual revenue grew from $629K to $688K (+9%), with total assets most recently reported at $18.1M.
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.