Public Charity

DOWNTOWN GREENSBORO FOUNDATION

DOWNTOWN GREENSBORO FOUNDATION is a Public Charity headquartered in GREENSBORO, NC. Financial data from the 2025 filing: $932K revenue, $879K expenses, $1.5M total assets. 12 publicly reported grants to this organization, totaling roughly $973K, appear in IRS filings.

EIN: 562242416 GREENSBORO, NC Historical Organizations NTEE: A80 Latest filing: 2025
Total Revenue$932K
Total Expenses$879K
Total Assets$1.5M
Grant Records12
Funding Total$973K
Filing Years2021–2025

Mission

SUPPORTS THE EDUCATIONAL, HISTORICAL PRESERVATION, AND OTHER EXEMPT PUBLIC EFFORTS OF DOWNTOWN GREENSBORO, INC. WHICH IS A NONPROFIT ECONOMIC DEVELOPMENT ORGANIZATION FORMED TO PROMOTE AND STIMULATE NEW INVESTMENT AND INTEREST IN THE CENTER CITY AREA OF GREENSBORO, NORTH CAROLINA.

Where $100 goes at Downtown Greensboro Foundation

How Downtown Greensboro Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$99 Programs the work itself
$1 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 $99 for programs

$67
Dgi grants program
68% of program spending
$15
Ice rink
15% of program spending
$11
Other activities including a holiday parade, outdoor dining patios and jingle jog
11% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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

BOARD EXECUTIVE COMMITTEE Arthur Samet
BOARD SECREDARY Chris Waldeck
BOARD MEMBER Craig Carlock
BOARD MEMBER Dan Eder
BOARD MEMBER Derek Carte
BOARD EXECUTIVE COMMITTEE Gina Hicks

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$962,983 11 grants
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $932K $879K $1.5M
2024 $669K $601K $1.2M
2023 $1.1M $554K $983K
2022 $564K $572K $713K
2021 $519K $511K $717K

Between 2021 and 2025, reported annual revenue grew from $519K to $932K (+79%), with total assets most recently reported at $1.5M.

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

See the full picture for DOWNTOWN GREENSBORO FOUNDATION

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