Public Charity

Winston-Salem State University Foundation Inc

Winston-Salem State University Foundation Inc, of Winston Salem, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $15.6M in revenue, $14.5M in expenses, $105.3M in total assets. 82 publicly reported grants to this organization, totaling roughly $36.9M, appear in IRS filings.

EIN: 560989620 Winston Salem, NC Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$15.6M
Total Expenses$14.5M
Total Assets$105.3M
Grant Records82
Funding Total$36.9M
Filing Years2021–2025

Mission

To provide financial support to the students and faculty of Winston-Salem State University.

Where $100 goes at Winston-Salem State University Foundation Inc

How Winston-Salem State University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$60
Student/Faculty Special Assistance The Foundation extended its support to various campus programs and initiatives, including the university choir, the Red Sea of Sound marching band, and the athletics…
72% of program spending
$13
Operational and Program Support The Foundation has successfully enhanced operational efficiency and effectiveness by utilizing administrative fees and contract services, which have allowed for improved resource management, regulatory…
16% of program spending · Reported in the filing: 72 units; 316 beds
$10
Scholarship Assistance to students The Foundation supports students through scholarship assistance and related educational support
12% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Dr Bernard Roper
Director Dr Bonita Brown
Director Dr Monty Hickman
Secretary Dr Siobahn Day Grady
Vice Chair Dr Tamara Holmes Brothers
Chief Operating Officer Mr Alfredo Aguilar

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$31,366,667 33 grants
General Support
$5,064,930 38 grants
Health & Medicine
$160,582 4 grants
Unspecified
$340,897 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $15.6M $14.5M $105.3M
2024 $9.0M $12.6M $97.9M
2023 $8.7M $8.4M $98.9M
2022 $10.0M $7.0M $100.0M
2021 $37.0M $4.7M $101.5M

Between 2021 and 2025, reported annual revenue declined from $37.0M to $15.6M (-58%), with total assets most recently reported at $105.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Winston-Salem State University Foundation Inc

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