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Twin City Development Foundation

WINSTONSALEM, NC EIN: 20-8548088 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

GreensboroWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$689K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$155K$310K$465K$620K10 grants20200 grants20210 grants20220 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WAKE FOREST UNIV HEALTH …$110KWINSTON-SALEM STATE UNIV…$72KFORSYTH TECHNICAL COMMUN…$70KGREATER W-S DEVELOPMENT …$70KWINSTON-SALEMFORSYTH COU…$50KTRIAD CULTURAL ARTS INC$40KPIEDMONT TRIAD PARTNERSHIP$30KMIRACLES IN SIGHT$25KFINANCIAL PATHWAYS OF TH…$25KAPERTURE CINEMA$25K

Grant Size Distribution

25 grants across all recorded years

20<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Twin City Development Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ROBERT EGLESTONEXECUTIVE DI$36K

From 2024 filing

NameTitleHoursCompensation
ROBERT EGLESTONEXECUTIVE DI12$36,000
GREG BREWERDIRECTOR0.2
VIVIAN PEREZ CHANDLERDIRECTOR0.2
CAROL DAVISDIRECTOR0.2
DAMON SANDERS-PRATTDIRECTOR0.2
BETSY BROWNDIRECTOR0.2
SANDRA FISHEL-BOOTHDIRECTOR0.2
PENN BROYHILLDIRECTOR0.2
MELVIN SCALESDIRECTOR0.2
DIXON PITTDIRECTOR0.2
ADAM SEBASTIANDIRECTOR0.2
JAMARKUS SWINSONDIRECTOR0.2
JULIA TOWNSENDDIRECTOR0.2
MAMIE SUTPHINCHAIR0.2
ROBERT CLARKVICE CHAIR/T0.2
RALPH WOMBLEPAST CHAIR0.2
ANDY DREYFUSS2ND PAST CHA0.2

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.

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