Greater Winston-Salem Development Corp
To recruit new businesses to winston-salem and Forsyth county in order to facilitate growth and economic diversification in the area.
Greater Winston-Salem Development Corp at a glance
In short: Greater Winston-Salem Development Corp gave $122K across 6 grants in 2024 (avg $20K), mostly in North Carolina. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $122,000
- +144.0% vs 2023
- Grants made (2024)
- 6
- +500.0% vs 2023
- Average grant
- $20,333
- -59.3% vs 2023
- Median grant
- $12,000
- Total assets
- $2,110,610
- -0.2% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Greater Winston-Salem Development Corp
Open Grants
8 open opportunities from Greater Winston-Salem Development Corp
Aspire Internship Program
Greater Winston-Salem Development Corp
Amount
Varies
Deadline
Rolling (quarterly review)
Duke Energy Citizenship & Service Award
Greater Winston-Salem Development Corp
Amount
Varies
Deadline
Deadline not published
Leadership Awards
Greater Winston-Salem Development Corp
Amount
Varies
Deadline
Deadline not published
Who Greater Winston-Salem Development Corp funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Greater Winston-Salem Inc ($59K). Together the top 6 received $122K.
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 5 grants of 7 (71%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $50K (2023) to $122K (2024). In 2024 it made 6 grants totaling $122K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Winston-Salem Inc Winston-Salem, NC | Entrepreneurial | $59,300 |
| Goler Community Development Corpora Winston-Salem, NC | Entrepreneurial | $25,000 |
| Winston Starts Winston-Salem, NC | Entrepreneurial | $15,000 |
| Communidad Mujer Valiosa Winston-Salem, NC | Entrepreneurial | $9,000 |
| SG Atkins Community Development Cor Winston-Salem, NC | Entrepreneurial | $7,500 |
| Flywheel Foundation Winston-Salem, NC | Entrepreneurial | $6,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,110,610 | $818,444 | $1,028,564 | $122,000 | 6 | $68,698 |
| 2023 | $2,114,188 | $1,620,487 | $909,476 | $50,000 | 1 | $66,266 |
| 2022 | $1,389,916 | $791,137 | $808,007 | — | — | $15,942 |
| 2021 | $1,483,788 | $628,246 | $1,042,946 | — | — | $5,397 |
| 2020 | $1,818,161 | $454,726 | $1,547,098 | — | — | $58,642 |
| 2019 | $5,323,722 | $939,883 | $829,077 | — | — | $37,093 |
About Greater Winston-Salem Development Corp
Based on IRS filings
Greater Winston-Salem Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Winston-Salem, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 6 grants totaling $122K. Net investment income was $69K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Greater Winston-Salem Development Corp is led by Mark Owens, President on every filing since 2020; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Owens
President
On filings since 2020
16 hrs/week
$93K (2020) → $0 (2024)
Cathy Pace
Chair
Vice Chair → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Elwood Robinson
Trustee
Director → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
David Neill
Trustee
Chair → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
Mamie Sutphin
Trustee
On filings since 2021
1 hr/week
No compensation reported
Steve Lineberger
Trustee
On filings since 2021
1 hr/week
No compensation reported
Coleman Team
Trustee
On filings since 2023
1 hr/week
No compensation reported
Sam Metzler
Trustee
On filings since 2023
1 hr/week
No compensation reported
Nick Reed
CFO
Chief Financial Officer → CFO, 2021
On filings since 2020
12 hrs/week
$39K (2020) → $0 (2024)
Janet N. Spriggs
Secretary
Director → Secretary, 2021
On filings since 2019
1 hr/week
No compensation reported
Mike Lancaster
Chair Elect
Director → Chair Elect, 2023
On filings since 2019
1 hr/week
No compensation reported
Aprille Bell
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (28)
- Former: Todd Hall (2019–2023) — Trustee
- Former: Laura Lee (2021–2023) — Senior Vice President of Econo
- Former: John Davenport (2020–2022) — Treasurer
- Former: Jeff Lindsay (2019–2021) — Trustee
- Former: Cantey Alexander (2019–2020) — Chair
- Former: Donald E. Flow (2019–2020) — Director
- Former: G. William Joyner III (2019–2020) — Director
- Former: J. Allen Joines (2019–2020) — Director
- Former: Jerry Cook (2019–2020) — Director
- Former: Jimmy Flythe (2019–2020) — Past Chairman
- Former: Jonathan Chase (2019–2020) — Director
- Former: Julie A. Freischlag MD (2019–2020) — Director
- Former: Kenneth Basch (2019–2020) — Director
- Former: Leigh C. Bagley (2019–2020) — Director
- Former: Robert E. Leak Jr. (2019–2020) — President
- Former: Robert Egleston (2019–2020) — Director
- Former: Scott Sewell (2019–2020) — Secretary
- Former: Stephen C. Koelsch (2019–2020) — Vice Chairman
- Former: Ted Kaplan (2019–2020) — Director
- Former: Trent Jernigan (2019–2020) — Director
- Former: Hap Royster (2019) — Director
- Former: John Tripp S. Wilson III (2019) — Director
- Former: Ken Walker (2019) — Director
- Former: Lisa Venable (2019) — Director
- Former: Michael Rogers (2019) — Director
- Former: Michael Suggs (2019) — Director
- Former: Rob Welch (2019) — Director
- Former: Wrenn Wells (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $497K, to Robert E Leak Jr ((President End. 4/1/20)). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Greater Winston-Salem Development Corp
How much does Greater Winston-Salem Development Corp give each year?
Greater Winston-Salem Development Corp gave $122K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $50K across 1 grant.
What is Greater Winston-Salem Development Corp's typical grant size?
Greater Winston-Salem Development Corp's median grant in 2024 was $12,000, and its average grant was $20,333, across 6 grants on its 2024 IRS Form 990.
Where does Greater Winston-Salem Development Corp give grants?
Greater Winston-Salem Development Corp gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Winston-Salem, NC (6 grants).
Does Greater Winston-Salem Development Corp give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Greater Winston-Salem Development Corp's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Entrepreneurial" (6 grants).
Who are Greater Winston-Salem Development Corp's largest grantees?
Greater Winston-Salem Development Corp's largest 2024 grantees include Greater Winston-Salem Inc ($59,300), Goler Community Development Corpora ($25,000) and Winston Starts ($15,000), according to its 2024 IRS Form 990. Together they received 81% of its itemized 2024 grant dollars.
How large is Greater Winston-Salem Development Corp?
Greater Winston-Salem Development Corp reported $2.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $818K.
What is Greater Winston-Salem Development Corp?
Greater Winston-Salem Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Winston-Salem, NC. It holds $2.1M in total assets as of 2024.
What is Greater Winston-Salem Development Corp's EIN?
Greater Winston-Salem Development Corp's EIN (Employer Identification Number) is 51-0436665. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS May 11, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 22, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Greater Winston-Salem Development Corp funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
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The Millennium Fund CO Winston-Salem Foundation
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Flow Foundation Inc
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Forsyth Memorial Hospital Inc
Winston-Salem, NC
Forsyth Memorial Hospital supports health and wellness in Forsyth County, including access to care, maternal and infant health, community outreach, and workforce development. In 2024, it made 22 grants totaling $2.13 million, ranging from $6,000 to $948,206, with a median award of $22,250; most funding went to North Carolina. The profile does not state whether it accepts unsolicited requests.
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Greater Winston-Salem Inc
Winston-Salem, NC
Greater Winston-Salem inc. Is a leading business organization in winston- salem and Forsyth county. The organization is focused on establishing winston-salem as a technology-driven economic center. Greater Winston-Salem inc. Offers services to strengthen existing businesses, to encourage small business creation, and to develop a talented workforce within Forsyth county.
Assets
$6.3M
Grants
1
Total Given
$285K
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