The Millennium Fund CO Winston-Salem Foundation
Help in the development of downtown Winston-Salem, NC via projects, infrastructure, business recruitment, and site selection.
The Millennium Fund CO Winston-Salem Foundation at a glance
In short: The Millennium Fund CO Winston-Salem Foundation gave $1.4M across 7 grants in 2024 (avg $198K), mostly in North Carolina. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,385,000
- -3.8% vs 2023
- Grants made (2024)
- 7
- -22.2% vs 2023
- Average grant
- $197,857
- +23.7% vs 2023
- Median grant
- $75,000
- Total assets
- $1,482,333
- -43.6% 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.
Who The Millennium Fund CO Winston-Salem Foundation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Greater Winston-Salem Inc ($800K). Together the top 7 received $1.4M.
Grant Size Distribution
42 grants across all recorded years
The most common grant size was under $50K: 18 grants of 42 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
How The Millennium Fund CO Winston-Salem Foundation gives
- Giving grew 63% from 2021 to 2024. 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 2024, annual grant giving ranged from $639K (2020) to $1.6M (2022). In 2024 it made 7 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Winston-Salem Inc Winston-Salem, NC | ASPIRE and Tech Talent Fund | $800,000 |
| Winston-Salem State University Foundation Winston-Salem, NC | Slater Speaker Series | $200,000 |
| UNC School of the Arts Foundation Winston-Salem, NC | Speaker Series of the Stevens Center | $200,000 |
| North Carolina Black Reperatory Company Winston-Salem, NC | 2024 National Black Theater Festival | $75,000 |
| Winston Starts Winston-Salem, NC | Final Operating Support Commitment 2024 | $60,000 |
| RiverRun International Film Festival Winston-Salem, NC | RiverRun International Film Festival 2025 | $40,000 |
| Bookmarks Winston-Salem, NC | 19th Annual Festival 2024 | $10,000 |
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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 | $1,482,333 | $226,743 | $1,411,350 | $1,385,000 | 7 | $26,743 |
| 2023 | $2,626,394 | $434,594 | $1,460,500 | $1,440,000 | 9 | $34,594 |
| 2022 | $3,613,500 | $518,410 | $1,604,529 | $1,579,450 | 9 | $2,410 |
| 2021 | $4,662,490 | $1,387,049 | $939,639 | $850,000 | 6 | $7,449 |
| 2020 | $4,179,550 | $392,845 | $661,990 | $639,400 | 11 | $27,345 |
About The Millennium Fund CO Winston-Salem Foundation
Based on IRS filings
The Millennium Fund CO Winston-Salem Foundation is a public charity, based in Winston-Salem, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 7 grants totaling $1.4M. Net investment income was $27K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Millennium Fund CO Winston-Salem Foundation is led by Allen Joines, President on every filing since 2020; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Allen Joines
President
On filings since 2020
4 hrs/week
No compensation reported
Ralph Womble
Chairman
On filings since 2020
2 hrs/week
No compensation reported
David Neill
Director
On filings since 2020
1 hr/week
No compensation reported
Don Flow
Director
On filings since 2020
1 hr/week
No compensation reported
Elwood Robinson
Director
On filings since 2020
1 hr/week
No compensation reported
F Borden Hanes
Director
On filings since 2020
1 hr/week
No compensation reported
Jeff Smith
Director
On filings since 2020
1 hr/week
No compensation reported
Mark Preston
Director
On filings since 2020
1 hr/week
No compensation reported
Redge Hanes
Director
On filings since 2020
1 hr/week
No compensation reported
Latida Smith
Director & Executive Officio
On filings since 2021
1 hr/week
No compensation reported
Former officers (3)
- Former: Sidney Falken (2020–2021) — Director
- Former: Lisa Purcell (2021) — Director & Executive Officio
- Former: Scott Wierman (2020) — Director & Executive Officio
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 The Millennium Fund CO Winston-Salem Foundation
How much does The Millennium Fund CO Winston-Salem Foundation give each year?
The Millennium Fund CO Winston-Salem Foundation gave $1.4M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.4M across 9 grants.
What is The Millennium Fund CO Winston-Salem Foundation's typical grant size?
The Millennium Fund CO Winston-Salem Foundation's median grant in 2024 was $75,000, and its average grant was $197,857, across 7 grants on its 2024 IRS Form 990.
Where does The Millennium Fund CO Winston-Salem Foundation give grants?
The Millennium Fund CO Winston-Salem 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 (7 grants).
Does The Millennium Fund CO Winston-Salem Foundation give general operating support?
Yes: 14% of The Millennium Fund CO Winston-Salem Foundation's 2024 grants with a stated purpose (1 of 7) were for general or operating support, per its 2024 IRS Form 990.
Who are The Millennium Fund CO Winston-Salem Foundation's largest grantees?
The Millennium Fund CO Winston-Salem Foundation's largest 2024 grantees include Greater Winston-Salem Inc ($800,000), Winston-Salem State University Foundation ($200,000) and UNC School of the Arts Foundation ($200,000), according to its 2024 IRS Form 990. Together they received 87% of its itemized 2024 grant dollars.
How large is The Millennium Fund CO Winston-Salem Foundation?
The Millennium Fund CO Winston-Salem Foundation reported $1.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $227K.
What is The Millennium Fund CO Winston-Salem Foundation's EIN?
The Millennium Fund CO Winston-Salem Foundation's EIN (Employer Identification Number) is 30-0148699. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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 November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 28, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 19, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 24, 2025)
- IRS filings on file for fiscal years 2020–2024
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