The Millennium Fund CO Winston-Salem Foundation
Help in the development of downtown Winston-Salem, NC via projects, infrastructure, business recruitment, and site selection.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-43.6% YoY
Annual Giving
$1.4M
-3.8% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$198K
+23.7% YoY
About The Millennium Fund CO Winston-Salem Foundation
Based on IRS filings
The Millennium Fund CO Winston-Salem Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,482,333 | $2,626,394 | $3,613,500 |
| Revenue | $226,743 | $434,594 | $518,410 |
| Expenses | $1,411,350 | $1,460,500 | $1,604,529 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26,743 | $34,594 | $2,410 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Greater Winston-Salem Inc ($800,000), Winston-Salem State University Foundation ($200,000), UNC School of the Arts Foundation ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Winston-Salem State University Foundation WinstonSalem, NC | Slater Speaker Series | $200,000 |
| Greater Winston-Salem Inc WinstonSalem, NC | ASPIRE and Tech Talent Fund | $800,000 |
| UNC School of the Arts Foundation WinstonSalem, NC | Speaker Series of the Stevens Center | $200,000 |
| Winston Starts WinstonSalem, NC | Final Operating Support Commitment 2024 | $60,000 |
| RiverRun International Film Festival WinstonSalem, NC | RiverRun International Film Festival 2025 | $40,000 |
| North Carolina Black Reperatory Company WinstonSalem, NC | 2024 National Black Theater Festival | $75,000 |
| Bookmarks WinstonSalem, NC | 19th Annual Festival 2024 | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Allen Joines | President | 4 | — |
| Ralph Womble | Chairman | 2 | — |
| David Neill | Director | 1 | — |
| Don Flow | Director | 1 | — |
| Elwood Robinson | Director | 1 | — |
| F Borden Hanes | Director | 1 | — |
| Jeff Smith | Director | 1 | — |
| Latida Smith | Director, Ex Officio | 1 | — |
| Mark Preston | Director | 1 | — |
| Redge Hanes | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Millennium Fund CO Winston-Salem Foundation?
The Millennium Fund CO Winston-Salem Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. It holds $1.5M in total assets as of 2024.
How large is The Millennium Fund CO Winston-Salem Foundation?
As of 2024, The Millennium Fund CO Winston-Salem Foundation holds $1.5M in total assets with $227K in annual revenue. It awarded 7 grants totaling $1.4M in 2024.
Where does The Millennium Fund CO Winston-Salem Foundation operate?
The Millennium Fund CO Winston-Salem Foundation has awarded grants in North Carolina.
What size grants does The Millennium Fund CO Winston-Salem Foundation award?
In 2024, The Millennium Fund CO Winston-Salem Foundation awarded 7 grants totaling $1.4M — an average of about $198K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in The Millennium Fund CO Winston-Salem Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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