The Winston-Salem Foundation logo

The Winston-Salem Foundation

WINSTONSALEM, NC EIN: 56-6037615 Website

The Winston-Salem Foundation is a community foundation based in Winston-Salem, North Carolina. Established in 1919, it is the oldest foundation in North Carolina and one of the oldest community foundations in the country. The Foundation comprises over 1,600 funds—approximately 1,040 endowed funds and 570 temporary funds—and serves as a facilitator linking charitable resources to community needs. The organization employs 36 staff members and operates from its headquarters at 751 West Fourth Street, Suite 200, in downtown Winston-Salem.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$630.1M

-1.8% YoY

Annual Giving

$88.8M

+11.3% YoY

Grant Count

823

+0.6% YoY

Avg Grant Size

$108K

+10.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The Foundation inspires giving and links resources to action, strengthening Forsyth County—now and forever.

Vision: To be a generous and trusting community where everyone is thriving.

The Foundation's grantmaking supports a wide variety of charitable organizations in areas including:

  • Community development
  • Education
  • The arts
  • Health
  • Human services
  • Philanthropy and voluntarism

The Foundation also invests significant resources in advancing equity in education and building an inclusive economy to ensure that Winston-Salem becomes a place where race no longer predicts life outcomes.

Grantmaking

The Foundation offers multiple grant programs:

Grant Range

s:** Typical awards range from $5,000 to $5,844,669.

Review Cycle

, create an account in the Foundation's Grants Portal, and submit online applications by the deadline.

How to Apply

** Grant seekers review available programs and deadlines, create an account in the Foundation's Grants Portal, and submit online applications by the deadline.

Ready to take the next step with The Winston-Salem Foundation?

Geographic Focus

Where this funder awards grants

The Foundation invests exclusively in organizations serving Forsyth County, North Carolina.

Grant Distribution by State

45states
+37 more states

Cities

AbingdonAdvanceAlbanyAlbemarleAlbert LeaAlbuquerqueAlexandriaAlhambraAllentownAlpharettaAltavistaAndersonAnn ArborApexAppalachiaArchdaleArdenArdmoreArlingtonArlington Heights

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $630,082,900
  • Total Revenue: $46,606,251
  • Total Expenses: $100,460,896
  • Total Liabilities: $788,000

Tax-Exempt Status: 501(c)(3) organization; tax-exempt since July 1946

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$59M$119M$178M$238M20202021202220232024
Metric202420232022
Total Assets$630,082,900$641,591,558$629,191,522
Revenue$46,606,251$73,014,325$62,200,081
Expenses$100,460,896$91,071,721$84,263,784
Qualifying Distributions
Net Investment Income$19,071,995$34,204,741$17,963,310
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$31M$62M$92M$123M1,138 grants2020710 grants2021728 grants2022818 grants2023823 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

American Heart Association$2.1MArbor Acres$909KAppalachian Community Ca…$350KArts Council of Winston-…$289KAppalachian State Univer…$207KArdmore United Methodist…$174KAdventHealth Foundation …$125KAlbany State University …$100KAmerican Red Cross - Pie…$90KABC of NC Foundation$77K

Grant Size Distribution

250 grants across all recorded years

164<$50K46$50–100K24$100–250K13$250–500K1$500K–1M2$1–5M$5M+

Open Grants

26 open opportunities from The Winston-Salem Foundation

Show all 26 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • LaTida Smith – President
  • Elaine Summerfield – Vice President Community Impact

Compensation Overview

From 2024 IRS filing

LaTida M SmithPresident$312KJ Todd SlateVP, Finance$235KSheila M VirgilVP, Development & Donor Serv…$168KAndrea M HulighanVP, Strategy & Culture$158KD Patrick MeehanDirector, Information System…$133KElaine T SummerfieldVP, Community Investment$131K

From 2024 filing

NameTitleHoursCompensation
Alison Ashe-CardChair1
Evelyn AcreeTreasurer/Committee Member1
Joe CrockerSecretary/Committee Member1
Alex BarrettCommittee Member1
Allan YoungerCommittee Member1
Carol DavisCommittee Member1
Matt CullinanCommittee Member1
Paula McCoyCommittee Member1
Peggy ReingoldCommittee Member1
Tom LawsonCommittee Member1
Vivian Perez ChandlerCommittee Member1
Wendy BrennerCommittee Member1
Bank of America Private BankTrustee1
TruistTrustee1
Wells Fargo BankTrustee1
Andrea M HulighanVP, Strategy & Culture40$157,764
J Todd SlateVP, Finance40$235,467
LaTida M SmithPresident40$311,692
Sheila M VirgilVP, Development & Donor Services40$167,586
D Patrick MeehanDirector, Information Systems & Technology40$133,085
Elaine T SummerfieldVP, Community Investment40$130,578

Recent News & Activity

Recent developments and announcements

2025

The Foundation announced multiple rounds of community grants in 2025:

2025 Forsyth County Teacher Grants Announced
2025

More than $2.1 million in community grants in the first half of 2025

Announcing More than $1.9 Million in Community Grants in the Second Half
2025

More than $1.9 million in community grants in the second half of 2025

Announcing More than $1.9 Million in Community Grants in the Second Half
2025

2025 Forsyth County Teacher Grants were announced

2025 Forsyth County Teacher Grants Announced

The Foundation maintains 19 live grant opportunities and actively administers approximately 1,071 endowed funds and 573 temporary funds.

Contact Information

Address: 751 West Fourth Street, Suite 200, Winston-Salem, NC 27101-2702

Phone: (336) 725-2382

Email: info@wsfoundation.org

Website: www.wsfoundation.org

Office Hours: Monday–Friday, 8:30 AM–5:00 PM (Summer hours: Monday–Thursday, 8:30 AM–5:00 PM; Friday, 8:30 AM–3:00 PM)

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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