Downtown Greensboro Foundation
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.
Downtown Greensboro Foundation at a glance
In short: Downtown Greensboro Foundation gave $592K across 1 grant in 2025 (avg $592K), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $591,667
- +109.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $591,667
- +109.3% vs 2024
- Median grant
- $591,667
- Total assets
- $1,473,688
- +27.6% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Downtown Greensboro Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Downtown Greensboro Inc ($592K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Downtown Greensboro Foundation gives
- Giving grew 35% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $283K (2024) to $592K (2025). In 2025 it made 1 grant totaling $592K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Downtown Greensboro Inc Greensboro, NC | Program and Event Coordination | $591,667 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,473,688 | $931,555 | $879,286 | $591,667 | 1 | $15,716 |
| 2024 | $1,155,163 | $669,354 | $601,063 | $282,681 | 1 | $14,256 |
| 2023 | $983,419 | $1,064,376 | $553,541 | $331,980 | 1 | $4,563 |
| 2022 | $712,585 | $563,945 | $571,681 | $438,493 | 1 | $1,115 |
| 2021 | $716,908 | $519,342 | $510,569 | $380,150 | 1 | $698 |
| 2020 | $620,150 | $534,767 | $627,682 | $462,937 | 1 | $718 |
About Downtown Greensboro Foundation
Based on IRS filings
Downtown Greensboro Foundation is a public charity focused on Arts, Culture & Humanities, based in Greensboro, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 1 grant totaling $592K. Net investment income was $16K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Downtown Greensboro Foundation is led by Zack Matheny, Former President & CEO since 2025 (on filings since 2020); none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Zack Matheny
Former President & CEO
President & CEO → Former President & CEO, 2025
On filings since 2020
2 hrs/week
No compensation reported
Stu Nichols
Board Chairman
Board Member → Board Chairman, 2025
On filings since 2023
1 hr/week
No compensation reported
Chris Waldeck
Board Secredary
Board Member → Board Secredary, 2025
On filings since 2020
1 hr/week
No compensation reported
Mark Prince
Board Executive Committee
On filings since 2020
1 hr/week
No compensation reported
Gina Hicks
Board Executive Committee
Board Member → Board Executive Committee, 2025
On filings since 2021
1 hr/week
No compensation reported
Joy Ross
CFO
On filings since 2021
2 hrs/week
No compensation reported
Kristina Fuller
Board Member
On filings since 2023
1 hr/week
No compensation reported
Lori Poag
Board Member
On filings since 2023
1 hr/week
No compensation reported
Seraj Patel
Board Treasurer
Board Member → Board Treasurer, 2025
On filings since 2023
1 hr/week
No compensation reported
Arthur Samet
Board Executive Committee
New on the 2025 filing
1 hr/week
No compensation reported
Craig Carlock
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Dan Eder
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Derek Carte
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Kevin Sasser
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Tiffany Jacobs
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Trey Davis
Executive Officio
New on the 2025 filing
1 hr/week
No compensation reported
Virginia Freyaldenhoven
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (32)
- Former: Andy Zimmerman (2020–2024) — Board Chairman
- Former: Danny Gatling (2020–2024) — Board Member
- Former: Marsh Prause (2020–2024) — Board Executive Committee
- Former: Tracey Myers (2020–2024) — Board Past Chair
- Former: Adrian Smith (2021–2024) — Board Treasurer
- Former: Damion Moore (2021–2024) — Board Member
- Former: Leigh Williams (2021–2024) — Board Member
- Former: Lonnie Cockerham (2021–2024) — Board Member
- Former: Taiwo Jaiyeaba (2022–2024) — Executive Officio
- Former: Kimberly Osbourne (2023–2024) — Board Member
- Former: Mark Brazil (2023–2024) — Board Executive Committee
- Former: Melissa Greer (2023–2024) — Board Member
- Former: Sean Reaves (2023–2024) — Board Member
- Former: Michael Halford (2021–2023) — Board Member
- Former: Skip Alston (2021–2023) — Board Member
- Former: Claudell Pressa (2020–2022) — Board Member
- Former: Jeff Yetter (2020–2022) — Board Past Chair
- Former: John Lomax (2020–2022) — Board Member
- Former: Nancy Vaughan (2020–2022) — Board Executive Committee
- Former: Paul Talley (2020–2022) — Board Member
- Former: Rhonda Fuller (2020–2022) — Board Member
- Former: Victoria Carlin-Milstein (2020–2022) — Board Secretary
- Former: Eden Bloss (2021–2022) — Board Member
- Former: David Parrish (2020–2021) — Board Executive Committee
- Former: James Smith (2020) — Board Executive Committee
- Former: Jeff Phillips (2020) — Board Member
- Former: Leigh Spencer (2020) — Board Member
- Former: Marty Lawing (2020) — Board Member
- Former: Paula Pierce (2020) — Board Immediate Past-Chair
- Former: Ray Trapp (2020) — Board Member
- Former: Seth Mapes (2020) — Board Member
- Former: Sherrie Simpson (2020) — CFO
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Downtown Greensboro Foundation
How much does Downtown Greensboro Foundation give each year?
Downtown Greensboro Foundation gave $592K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $283K across 1 grant.
How large is Downtown Greensboro Foundation?
Downtown Greensboro Foundation reported $1.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $932K.
What is Downtown Greensboro Foundation?
Downtown Greensboro Foundation is a public charity focused on Arts, Culture & Humanities, based in Greensboro, NC. It holds $1.5M in total assets as of 2025.
Where does Downtown Greensboro Foundation operate?
Downtown Greensboro Foundation has awarded grants in North Carolina.
What is Downtown Greensboro Foundation's EIN?
Downtown Greensboro Foundation's EIN (Employer Identification Number) is 56-2242416. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Downtown Greensboro Foundation funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Downtown Greensboro Foundation's focus areas in our free grants database
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Funders with grantees in common, and similar funders in North Carolina
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Cite this profile
Grantable. (2026). Downtown Greensboro Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/downtown-greensboro-foundation-morg_d80eee6dbaca4aa6b9ca28bd2384612f
BibTeX
@misc{grantable_562242416_2026,
author = {{Grantable}},
title = {{Downtown Greensboro Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/downtown-greensboro-foundation-morg_d80eee6dbaca4aa6b9ca28bd2384612f},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Downtown Greensboro Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Downtown Greensboro Foundation down — hundreds of funders to go?