Public Charity

The Winston-Salem Foundation

The Winston-Salem Foundation, of WinstonSalem, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $46.6M in revenue, $100.5M in expenses, $630.1M in total assets. 100 publicly reported grants to this organization, totaling roughly $17.3M, appear in IRS filings.

EIN: 566037615 WinstonSalem, NC Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$46.6M
Total Expenses$100.5M
Total Assets$630.1M
Grant Records100
Funding Total$17.3M
Filing Years2019–2024

Mission

We foster meaningful connections and link resources to purposeful action, creating a brighter future for all who call Forsyth County home.

Where $100 goes at The Winston-Salem Foundation

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

$94 Programs the work itself
$5 Management running the organization
$1 Fundraising raising the next dollar

Inside the $94 for programs

$93
Grant program
99% of program spending
$1
Focused initiatives to increase philanthropy among African Americans, women, and youth
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Committee Member Alex Barrett
Chair Alison Ashe-Card
Committee Member Allan Younger
VP, Strategy & Culture Andrea M Hulighan
Trustee Bank Of America Private Bank
Committee Member Carol Davis

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$15,899,905 72 grants
Human & Social Services
$459,650 9 grants
Education
$417,000 4 grants
Health & Medicine
$224,500 7 grants
Economic Development
$75,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $46.6M $100.5M $630.1M
2023 $73.0M $91.1M $641.6M
2022 $62.2M $84.3M $629.2M
2020 $114.6M $131.7M $588.2M
2019 $52.6M $65.3M $564.6M

Between 2019 and 2024, reported annual revenue declined from $52.6M to $46.6M (-11%), with total assets most recently reported at $630.1M.

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

See the full picture for The Winston-Salem Foundation

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