Greater Winston-Salem Inc Foundation
GREATER WINSTON-SALEM INC is a public charity based in Winston-Salem, North Carolina. It supports economic growth and prosperity in Winston-Salem and Forsyth County, including business development, entrepreneurship, and initiatives related to education and workforce readiness.
Greater Winston-Salem Inc Foundation at a glance
In short: Greater Winston-Salem Inc Foundation gave $232K across 17 grants in 2024 (avg $14K), mostly in North Carolina. 65% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $232,270
- +16.4% vs 2023
- Grants made (2024)
- 17
- +6.3% vs 2023
- Average grant
- $13,663
- +9.5% vs 2023
- Median grant
- $15,000
- Total assets
- $568,594
- -24.7% vs 2023
- New grantees (estimate)
- 65% first-time grantees (11 of 17, 2024; small sample)
- 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. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Greater Winston-Salem Inc Foundation
- Contact
Mailing address: 525 Vine Street Suite 240, Winstonsalem, NC 27101
Phone: (336) 728-9200
Website: https://winstonsalem.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
8 open opportunities from Greater Winston-Salem Inc Foundation
Aspire Internship Program
Greater Winston-Salem Inc Foundation
Amount
Varies
Deadline
Rolling (quarterly review)
Duke Energy Citizenship & Service Award
Greater Winston-Salem Inc Foundation
Amount
Varies
Deadline
Deadline not published
Leadership Awards
Greater Winston-Salem Inc Foundation
Amount
Varies
Deadline
Deadline not published
Who Greater Winston-Salem Inc Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Dynamic Collision LLC ($20K). Together the top 10 received $167K.
Grant Size Distribution
78 grants across all recorded years
The most common grant size was under $50K: 78 grants of 78 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 100% of grant dollars went to recipients in North Carolina. The organization’s website identifies Winston-Salem and Forsyth County as its economic-development focus. The grant programs described on its website specify local eligibility, including Forsyth County businesses for the MBE program and Winston-Salem-based organizations for the 2025 Entrepreneurial Catalyst Grant cycle.
Grant Distribution by State
Share of 2024 grant dollars across all 17 itemized grants.
States
Cities
Is Greater Winston-Salem Inc Foundation open to new grantees?
65%
first-time grantees, 2024
In 2024, 11 of 17 grantees (65%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $14K; repeat grants $14K. How we count
Medians: $15K first-time, $14K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $160K (2022) to $232K (2024). In 2024 it made 17 grants totaling $232K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dynamic Collision LLC Winston-Salem, NC | Business Minority PR | $20,000 |
| Cisco Site Services LLC Winston-Salem, NC | Business Minority PR | $18,000 |
| Hope Counseling & Consulting Servic Winston-Salem, NC | Business Minority PR | $18,000 |
| Purposeful Pediatrics PLLC Clemmons, NC | Business Minority PR | $18,000 |
| Smith's Primary Care and Wellness Winston-Salem, NC | Business Minority PR | $18,000 |
| Southside Discount Pharmacy Winston-Salem, NC | Business Minority PR | $18,000 |
| Awake Custom Remodeling Winston-Salem, NC | Business Minority PR | $15,000 |
| Cam's Coffee CO Winston-Salem, NC | Business Minority PR | $15,000 |
| Lelo's Cuban Cafe Winston-Salem, NC | Business Minority PR | $15,000 |
| Forsyth Tech Winston-Salem, NC | Aspire Program | $12,225 |
Ready to take the next step with Greater Winston-Salem Inc Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $568,594 | $100,783 | $346,316 | $232,270 | 17 | $57 |
| 2023 | $754,936 | $60,247 | $399,809 | $199,600 | 16 | $117 |
| 2022 | $914,333 | $348,869 | $522,181 | $160,000 | 11 | $65 |
| 2021 | $1,046,282 | $102,500 | $334,863 | $184,715 | 14 | — |
| 2020 | $1,069,412 | $1,752,006 | $704,908 | $230,500 | 20 | $6 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization’s mission, as stated in its 2024 filing, is to carry out philanthropic and eleemosynary activities in the interests of the people of Winston-Salem and Forsyth County, with a focus on entrepreneurial grant initiatives supporting the growth of Winston-Salem businesses and its innovation economy.
Its website states a broader mission “to initiate, influence, engage and empower community leadership to create economic growth and prosperity for all.” The 2024 filing describes education programs addressing education issues, including high-school graduation rates, mentorship, partnerships between local businesses and schools, and corporate volunteers working with elementary-school-age children. It also describes small-business programs that include operating grants for businesses in Forsyth County affected by federally or state-declared disasters and entrepreneurial grants.
Grantmaking
In filing year 2024, the organization reported 17 grants totaling $232,270. Grants ranged from $6,045 to $20,000, with a median of $15,000. Listed purposes included “BUSINESS MINORITY PR” and “ASPIRE PROGRAM.”
Among the largest reported grants were $20,000 to Dynamic Collision LLC; $18,000 each to Cisco Site Services LLC, Hope Counseling & Consulting Servic, Purposeful Pediatrics PLLC, Smith’s Primary Care and Wellness, and Southside Discount Pharmacy; and $12,225 to Forsyth Tech. The filing lists the first six recipients in Winston-Salem, North Carolina, Purposeful Pediatrics in Clemmons, North Carolina, and Forsyth Tech in Winston-Salem. The listed purposes were “BUSINESS MINORITY PR” for the first six and “ASPIRE PROGRAM” for Forsyth Tech.
The organization’s website described a 2025 Entrepreneurial Catalyst Grant cycle for Entrepreneurial Support Organizations and other local entities. The fund was intended for Winston-Salem-based organizations whose core functions directly serve Winston-Salem-based early-stage companies. Awards were described as typically $5,000–$10,000, up to $10,000 per year per organization, for activities such as capacity building, program development, resource deployment, events, early-stage fundraising support, and ecosystem-wide marketing. Deadline: July 3, 2025; this was a past application cycle.
The website also described the 2023 cycle of its Minority Business Enterprise Grant program for Black- and Latinx-owned small businesses in Forsyth County. The stated eligibility requirements included being in operation by January 1, 2023, having 1–25 full-time employees, and gross annual sales under $1 million. Businesses could apply for up to $25,000. The application window ran August 25–September 25, 2023; this was a past cycle. The website reported that the 2023 cohort consisted of 20 locally owned small businesses and received $219,600 for business costs incurred throughout 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark Owens as President/CE, Nick Reed as CFO, Cathy Pace as Board Chair, and Aprille Bell as Treasurer. It lists Ajay Patel, Brent Waddell, Rob Simon, Katie Power, and Steve Bagley as trustees.
Greater Winston-Salem Inc Foundation is led by Mark Owens, President since 2021 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Owens
President
Trustee → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Cathy Pace
Board Chair
On filings since 2023
1 hr/week
No compensation reported
Ajay Patel
Trustee
On filings since 2020
1 hr/week
No compensation reported
Brent Waddell
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rob Simon
Trustee
On filings since 2020
1 hr/week
No compensation reported
Katie Power
Trustee
On filings since 2023
1 hr/week
No compensation reported
Steve Bagley
Trustee
On filings since 2023
1 hr/week
No compensation reported
Aprille Bell
Treasurer
Trustee → Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Nick Reed
CFO
Chief Financial Officer → CFO, 2021
On filings since 2020
2 hrs/week
No compensation reported
Former officers (7)
- Former: Laura Lee (2021–2023) — Senior Vice President of Econo
- Former: John Davenport (2020–2022) — Treasurer
- Former: David Neill (2021–2022) — Board Chair
- Former: Cantey Alexander (2020) — Chair
- Former: Evelyn Acree (2020) — Trustee
- Former: Everett Wells (2020) — Secretary & Treasurer
- Former: Jeff Lindsay (2020) — Chair
Data from IRS Form 990 filings, 2020–2024. "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 Greater Winston-Salem Inc Foundation
How much does Greater Winston-Salem Inc Foundation give each year?
Greater Winston-Salem Inc Foundation gave $232K across 17 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $200K across 16 grants.
What is Greater Winston-Salem Inc Foundation's typical grant size?
Greater Winston-Salem Inc Foundation's median grant in 2024 was $15,000, and its average grant was $13,663, across 17 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Greater Winston-Salem Inc Foundation that year got $14K on average.
Where does Greater Winston-Salem Inc Foundation give grants?
Greater Winston-Salem Inc Foundation 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 (15 grants).
Does Greater Winston-Salem Inc Foundation give general operating support?
Not in 2024: none of the 17 grants with a stated purpose on Greater Winston-Salem Inc Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Business Minority PR" (15 grants).
Who are Greater Winston-Salem Inc Foundation's largest grantees?
Greater Winston-Salem Inc Foundation's largest 2024 grantees include Dynamic Collision LLC ($20,000), Cisco Site Services LLC ($18,000) and Hope Counseling & Consulting Servic ($18,000), according to its 2024 IRS Form 990. Together they received 24% of its itemized 2024 grant dollars.
How large is Greater Winston-Salem Inc Foundation?
Greater Winston-Salem Inc Foundation reported $569K in total assets on its 2024 IRS Form 990. Its revenue that year was $101K.
What does Greater Winston-Salem Inc Foundation fund?
The organization’s mission, as stated in its 2024 filing, is to carry out philanthropic and eleemosynary activities in the interests of the people of Winston-Salem and Forsyth County, with a focus on entrepreneurial grant initiatives supporting the growth of Winston-Salem businesses and its innovation economy. See mission & focus areas ↑
How do I apply for a grant from Greater Winston-Salem Inc Foundation?
Greater Winston-Salem Inc Foundation has no public application process in the sources Grantable reviewed. Check winstonsalem.com for current guidelines, or contact the foundation directly before submitting a request.
What is Greater Winston-Salem Inc Foundation's EIN?
Greater Winston-Salem Inc Foundation's EIN (Employer Identification Number) is 51-0167887. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS September 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 29, 2023)
- 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
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Figures come from Greater Winston-Salem Inc 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.
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