Twin City Development Foundation
TO FUND, THROUGH GRANTS, PUBLIC EDUCATION AND ECONOMIC DEVELOPMENT IN FORSYTH COUNTY AND SURROUNDING AREAS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
+9.6% YoY
Annual Giving
$620K
Grant Count
15
Avg Grant Size
$41K
About Twin City Development Foundation
Based on IRS filings
Twin City Development Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.4M in total assets. In 2024, it awarded 15 grants totaling $620K. Net investment income was $957K.
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 | $16,423,153 | $14,990,048 | $13,639,500 |
| Revenue | $958,484 | $1,097,592 | $-115,486 |
| Expenses | $753,810 | $713,314 | $444,505 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $956,609 | $1,097,592 | $-87,186 |
| 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 10 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Open Grants
1 open opportunity from Twin City Development Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wake Forest Univ Health Sciences ($110,000), Winston-salem State University ($72,000), Forsyth Technical Community College ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTER FOR CREATIVE ECONOMY WINSTONSALEM, NC | ECONOMIC DEVELOPMENT | $20,000 |
| DOWNTOWN WINSTON-SALEM PARTNERSHIP WINSTONSALEM, NC | ECONOMIC DEVELOPMENT | $15,000 |
| FORSYTH TECHNICAL COMMUNITY COLLEGE WINSTONSALEM, NC | EDUCATION | $70,000 |
| GREATER W-S DEVELOPMENT CORP WINSTONSALEM, NC | ECONOMIC DEVELOPMENT | $70,000 |
| PIEDMONT TRIAD PARTNERSHIP GREENSBORO, NC | ECONOMIC DEVELOPMENT | $30,000 |
| SECOND HARVEST FOOD BANK OF NWNC WINSTONSALEM, NC | ECONOMIC DEVELOPMENT | $23,300 |
| WAKE FOREST UNIV HEALTH SCIENCES WINSTONSALEM, NC | ECONOMIC DEVELOPMENT | $110,000 |
| WINSTON-SALEMFORSYTH COUNTY SCHOOL WINSTONSALEM, NC | EDUCATION | $50,000 |
| WINSTON-SALEM STATE UNIVERSITY WINSTONSALEM, NC | EDUCATION | $72,000 |
| MIRACLES IN SIGHT WINSTONSALEM, NC | ECONOMIC DEVELOPMENT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT EGLESTON | EXECUTIVE DI | 12 | $36,000 |
| GREG BREWER | DIRECTOR | 0.2 | — |
| VIVIAN PEREZ CHANDLER | DIRECTOR | 0.2 | — |
| CAROL DAVIS | DIRECTOR | 0.2 | — |
| DAMON SANDERS-PRATT | DIRECTOR | 0.2 | — |
| BETSY BROWN | DIRECTOR | 0.2 | — |
| SANDRA FISHEL-BOOTH | DIRECTOR | 0.2 | — |
| PENN BROYHILL | DIRECTOR | 0.2 | — |
| MELVIN SCALES | DIRECTOR | 0.2 | — |
| DIXON PITT | DIRECTOR | 0.2 | — |
| ADAM SEBASTIAN | DIRECTOR | 0.2 | — |
| JAMARKUS SWINSON | DIRECTOR | 0.2 | — |
| JULIA TOWNSEND | DIRECTOR | 0.2 | — |
| MAMIE SUTPHIN | CHAIR | 0.2 | — |
| ROBERT CLARK | VICE CHAIR/T | 0.2 | — |
| RALPH WOMBLE | PAST CHAIR | 0.2 | — |
| ANDY DREYFUSS | 2ND PAST CHA | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Twin City Development Foundation?
Twin City Development Foundation is a nonprofit organization focused on Community Improvement & Capacity Building, based in WINSTONSALEM, NC. It holds $16.4M in total assets as of 2024.
How large is Twin City Development Foundation?
As of 2024, Twin City Development Foundation holds $16.4M in total assets with $958K in annual revenue. It awarded 15 grants totaling $620K in 2024.
Where does Twin City Development Foundation operate?
Twin City Development Foundation has awarded grants in North Carolina.
What size grants does Twin City Development Foundation award?
In 2024, Twin City Development Foundation awarded 15 grants totaling $620K — an average of about $41K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Twin City Development 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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