Twin City Development Foundation logo

Twin City Development Foundation

501(c)(6) organization Winston-Salem, NC EIN: 20-8548088 Website

Twin City Development Foundation is a Winston-Salem, North Carolina, public charity that funds education and economic development in Forsyth County and surrounding areas. Its website says it was formerly known as the DataMax Foundation and that it has provided $6.3 million in local grants since 2007.

Twin City Development Foundation at a glance

In short: Twin City Development Foundation gave $913K across 22 grants in 2025 (avg $42K), mostly in North Carolina. 36% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$913,000
+47.2% vs 2024
Grants made (2025)
22
+46.7% vs 2024
Average grant
$41,500
+0.4% vs 2024
Median grant
$25,000
Total assets
$18,116,599
+10.3% vs 2024
New grantees (estimate)
36% first-time grantees (8 of 22, 2025; small sample)
Primary geography
North Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Twin City Development Foundation

How to Apply

The foundation says prospective applicants should first discuss their organization’s fit with the Executive Director. Before a full application, applicants must submit a short executive summary for evaluation. Applications are made available after that discussion. Emergency grants outside the regular review cycles may be considered with Board approval.

Review Cycle
The listed April 30, 2026 deadline is past. The foundation’s guidelines describe spring pre-applications due March 1, with decisions in late April and notification by May 1, and fall pre-applications due September 1, with decisions in late October and notification by November 1.
Deadline
The listed April 30, 2026 deadline is past.
Contact

Mailing address: 500 W 5Th Street Ste 800-28, Winstonsalem, NC 27101
Phone: (336) 777-3595
Website: https://twincityfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Twin City Development Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

WS Foundationwsfcs Futures Fund: $400KWS Foundationwsfcs FuturesFund$400KNC Museum of Art Foundation Inc: $50KNC Museum of Art FoundationInc$50KWinston-Salemforsyth County School: $40KWinston-Salemforsyth CountySchool$40KTriad Cultural Arts Inc: $35KTriad Cultural Arts Inc$35KGreater W-S Development Corp: $30KGreater W-S Development Corp$30KSG Atkins Community Development Corp: $30KSG Atkins CommunityDevelopment Corp$30KTrosa Inc: $30KTrosa Inc$30KHabitat for Humanity of Forsyth County: $25KHabitat for Humanity ofForsyth County$25KKaleideum: $25KKaleideum$25KWinston Starts: $25KWinston Starts$25K

The largest 2025 recipient was WS Foundationwsfcs Futures Fund ($400K). Together the top 10 received $690K.

Grant Size Distribution

98 grants across all recorded years

86<$50K9$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 86 grants of 98 (88%).

Geographic Focus

Where this funder awards grants

The foundation’s stated grantmaking area is Winston-Salem and Forsyth County, North Carolina. Its 2025 filing reports that 100% of grant dollars went to recipients in North Carolina.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 22 itemized grants.

Cities

Winston-SalemGreensboroDurhamHigh PointRaleigh

Is Twin City Development Foundation open to new grantees?

36%

first-time grantees, 2025

In 2025, 8 of 22 grantees (36%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $73K; repeat grants $24K. How we count

Medians: $25K first-time, $25K repeat.

  • 23% of 2025 grantees were also funded in 2024. Method
  • Giving grew 190% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). 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

$0$250K$500K$750K$1M10 grants2020 25 grants2021 14 grants2022 22 grants2023 15 grants2024 22 grants2025

From 2020 to 2025, annual grant giving ranged from $178K (2020) to $913K (2025). In 2025 it made 22 grants totaling $913K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
WS Foundationwsfcs Futures Fund Winston-Salem, NCEducation$400,000
NC Museum of Art Foundation Inc Raleigh, NCEconomic Development$50,000
Winston-Salemforsyth County School Winston-Salem, NCEducation$40,000
Triad Cultural Arts Inc Winston-Salem, NCEducation$35,000
Greater W-S Development Corp Winston-Salem, NCEconomic Development$30,000
SG Atkins Community Development Corp Winston-Salem, NCEconomic Development$30,000
Trosa Inc Durham, NCEconomic Development$30,000
Habitat for Humanity of Forsyth County Winston-Salem, NCEducation$25,000
Kaleideum Winston-Salem, NCEducation$25,000
Winston Starts Winston-Salem, NCEconomic Development$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$18,116,599$688,179$1,064,195$913,00022$688,179
2024$16,423,153$958,484$753,810$620,30015$956,609
2023$14,990,048$1,097,592$713,314$580,53022$1,097,592
2022$13,639,500$-115,486$444,505$315,00014$-87,186
2021$16,743,150$628,620$659,219$580,00025$514,865
2020$14,960,601$2,506,722$242,582$177,50010$453,387

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

Mission & Focus Areas

The foundation’s stated mission is to fund public education and economic development in Forsyth County and surrounding areas. Its guidelines list economic development, workforce development, and education as focus areas. Grants and matching grants are available to nonprofit organizations, governmental entities, and approved public/private partnerships; low-interest program-related loans may support qualifying nonprofit or for-profit projects.

The foundation says grant-funded community benefits may include creating or saving jobs, improving Forsyth County neighborhoods and public education, nurturing entrepreneurs, and improving the county’s business climate.

Its 2025 grantees illustrate a range of supported work. Triad Cultural Arts describes itself as a community-based arts organization that brings recognition to Black American history and culture. SG Atkins Community Development says it works on housing restoration and economic development along the Martin Luther King Jr. Drive corridor in East Winston-Salem. The Do School describes its work as skills training for people in underserved communities, using renovated homes as learning labs.

Grantmaking

In filing year 2025, the foundation reported 22 grants totaling $913,000. Grant amounts ranged from $6,000 to $400,000, with a median of $25,000. Its largest reported award was $400,000 to WS Foundation/W SFCS Futures Fund for education. Other notable grants included $50,000 to NC Museum of Art Foundation for economic development; $40,000 to Winston-Salem/Forsyth County School for education; and $35,000 to Triad Cultural Arts for education. Awards of $30,000 went to Greater W-S Development Corp, SG Atkins Community Development, and TROSA, each for economic development.

The foundation offers general grants and the annual Tom Blair Legacy Grant, which honors Tom Blair and supports economic development in Winston-Salem and Forsyth County. Its listed legacy grant recipients include Downtown Winston-Salem Partnership for operating support in 2024 and TROSA Triad for vocational training in 2022.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Robert Egleston as Executive Director and lists Ellis Keifer, Kirby Robinson, Talitha Vickers, Betsy Brown, Sandra Fishel-Booth, Penn Broyhill, Dixon Pitt, Adam Sebastian, and Jamarkus Swinson as directors. The filing also says Robert Egleston and Lisa Venable, both independent contractors, perform administrative and management functions.

Twin City Development Foundation is led by Robert Clark, Chair since 2025 (on filings since 2020); 1 of 16 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Robert Clark

    Chair

    2nd Past Cha → Vice Chair & T, 2024

    Vice Chair & T → Chair, 2025

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Betsy Brown

    Director

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Penn Broyhill

    Director

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Sandra Fishel-Booth

    Director

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Adam Sebastian

    Director

    On filings since 2024

    0.2 hrs/week

    No compensation reported

  • Dixon Pitt

    Director

    On filings since 2024

    0.2 hrs/week

    No compensation reported

  • Jamarkus Swinson

    Director

    On filings since 2024

    0.2 hrs/week

    No compensation reported

  • Julia Townsend

    Director

    On filings since 2024

    0.2 hrs/week

    No compensation reported

  • Ellis Keifer

    Director

    New on the 2025 filing

    0.2 hrs/week

    No compensation reported

  • Kirby Robinson

    Director

    New on the 2025 filing

    0.2 hrs/week

    No compensation reported

  • Talitha Vickers

    Director

    New on the 2025 filing

    0.2 hrs/week

    No compensation reported

  • Robert Egleston

    Executive Di

    On filings since 2021

    12 hrs/week

    $24K (2021) → $36K (2025)

  • Mamie Sutphin

    Past Chair

    Vice Chair & T → Chair, 2024

    Chair → Past Chair, 2025

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Ralph Womble

    2nd Past Cha

    Chair → Past Chair, 2024

    Past Chair → 2nd Past Cha, 2025

    On filings since 2021

    0.2 hrs/week

    No compensation reported

  • Carol Davis

    Vice Chair

    Director → Vice Chair, 2025

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Melvin Scales

    Treasurer

    Director → Treasurer, 2025

    On filings since 2022

    0.2 hrs/week

    No compensation reported

Former officers (16)
  • Former: Andy Dreyfuss (2020–2024) — 2nd Past Cha
  • Former: Damon Sanders-Pratt (2022–2024) — Director
  • Former: Greg Brewer (2022–2024) — Director
  • Former: Vivian Perez Chandler (2022–2024) — Director
  • Former: Deborah Best (2021–2023) — Director
  • Former: Bob Leak (2023) — Director
  • Former: Karl Yena (2020–2022) — Director
  • Former: Stephen Poe (2020–2022) — 2nd Past Cha
  • Former: Will Baucom (2021–2022) — Director · Filing note: Ended 12/2022
  • Former: Elizabeth Repetti (2020–2021) — Director
  • Former: Evan Raleigh (2020–2021) — Director Thr
  • Former: Robert Greene (2020–2021) — 2nd Past Cha
  • Former: Cbhbc Corp LLC (2020) — Executive Director
  • Former: Mark Doughton (2020) — 2nd Past Chair
  • Former: Michelle Cook (2020) — Director
  • Former: Scott Krewson (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Robert Egleston — Executive Di: $36KRobert EglestonExecutive Di$36K

The highest reported compensation on the 2025 filing was $36K, to Robert Egleston (Executive Di).

Frequently asked questions about Twin City Development Foundation

How much does Twin City Development Foundation give each year?

Twin City Development Foundation gave $913K across 22 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $620K across 15 grants.

What is Twin City Development Foundation's typical grant size?

Twin City Development Foundation's median grant in 2025 was $25,000, and its average grant was $41,500, across 22 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Twin City Development Foundation that year got $73K on average.

Where does Twin City Development Foundation give grants?

Twin City Development Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Winston-Salem, NC (19 grants).

Does Twin City Development Foundation give general operating support?

Not in 2025: none of the 22 grants with a stated purpose on Twin City Development Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Economic Development" (12 grants), "Education" (7 grants) and "Workforce Develop." (3 grants).

Who are Twin City Development Foundation's largest grantees?

Twin City Development Foundation's largest 2025 grantees include WS Foundationwsfcs Futures Fund ($400,000), NC Museum of Art Foundation Inc ($50,000) and Winston-Salemforsyth County School ($40,000), according to its 2025 IRS Form 990. Together they received 54% of its itemized 2025 grant dollars.

How large is Twin City Development Foundation?

Twin City Development Foundation reported $18.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $688K.

What does Twin City Development Foundation fund?

The foundation’s stated mission is to fund public education and economic development in Forsyth County and surrounding areas. Its guidelines list economic development, workforce development, and education as focus areas. See mission & focus areas ↑

How do I apply for a grant from Twin City Development Foundation?

The foundation says prospective applicants should first discuss their organization’s fit with the Executive Director. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Twin City Development Foundation's EIN?

Twin City Development Foundation's EIN (Employer Identification Number) is 20-8548088. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS February 14, 2022)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS August 20, 2025)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS February 8, 2023)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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Philanthropy, Voluntarism & Grantmaking

Assets

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Total Given

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This foundation supports charitable, scientific, literary, and educational projects, prioritizing short-term or non-recurring work in areas such as arts, education, health, human services, and the environment. It funds North Carolina public charities, with a focus on Winston-Salem and Forsyth County; 2025 grants ranged from $5,000 to $500,000, with a median of $27,500. It accepts applications by email on a quarterly schedule; unsolicited requests are not specifically addressed.

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Assets

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North Carolina Baptist Hospital

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Forsyth Memorial Hospital Inc

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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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The Arts Council Inc

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The Arts Council Inc funds arts and cultural organizations, artists, and community projects, primarily in Winston-Salem and Forsyth County, North Carolina; its artist grants also cover four neighboring counties. Typical awards vary by program: $10,000–$20,000 for general operating support, $5,000–$20,000 for community projects, and $500–$2,000 for individual artists; its 2025 grants had a median of about $28,000. It provides application links for operating-support and community-project grants.

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Cite this profile

Grantable. (2026). Twin City Development Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/twin-city-development-foundation-morg_7bf235b4408d42a189fb0e7b69c159ad

BibTeX
@misc{grantable_208548088_2026,
  author       = {{Grantable}},
  title        = {{Twin City Development Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/twin-city-development-foundation-morg_7bf235b4408d42a189fb0e7b69c159ad},
  note         = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Twin City Development 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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