Winston-Salem State University Foundation Inc

WINSTON SALEM, NC EIN: 56-0989620

See Schedule O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$97.9M

-1.1% YoY

Annual Giving

$1.5M

+0.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.5M

+0.1% YoY

About Winston-Salem State University Foundation Inc

Based on IRS filings

Winston-Salem State University Foundation Inc is a nonprofit organization focused on Education, based in WINSTON SALEM, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $97.9M in total assets. In 2024, it awarded 1 grants totaling $1.5M. Net investment income was $117K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Winston SalemWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$31M$41M2021202220232024
Metric202420232022
Total Assets$97,879,162$98,940,013$99,996,006
Revenue$9,030,501$8,698,843$10,006,933
Expenses$12,601,251$8,377,370$6,991,452
Qualifying Distributions
Net Investment Income$117,023$910,927$1,133,596
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$374K$749K$1M$1M1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Winston-Salem State Univ…$1.5M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Winston-Salem State University ($1,497,185).

RecipientPurposeAmount
Winston-Salem State University Winston Salem, NCStudent Scholarships$1,497,185

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dr LaTanya D AfolayanExecutive Director$198K

From 2024 filing

NameTitleHoursCompensation
Dr LaTanya D AfolayanExecutive Director5$197,505
Ms Kristie Swink BensonDirector1
Dr Tamara Holmes BrothersDirector1
Ms Nicole CarrDirector1
Mr Marcus CoxChair1
Mr Barry EisenbergDirector1
Dr Siobahn Day GradySecretary1
Ms Sharon Jeffries-JonesDirector1
Mr Jonathan LindsayDirector1
Ms Candrice T OliverDirector1
The Honorable Camille Banks-PrinceDirector1
Dr Anthony GrahamDirector1
Dr Eric J SadlerDirector1
Dr Clayton A ScottDirector1
Ms Crystal ThompkinsVice Chair1
Mr Tres J VanceDirector1
Mr Brian VannoyTreasurer1
Mr Christopher WilsonDirector1
Mr Mo WrightDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Winston-Salem State University Foundation Inc?

Winston-Salem State University Foundation Inc is a nonprofit organization focused on Education, based in WINSTON SALEM, NC. It holds $97.9M in total assets as of 2024.

How large is Winston-Salem State University Foundation Inc?

As of 2024, Winston-Salem State University Foundation Inc holds $97.9M in total assets with $9.0M in annual revenue. It awarded 1 grants totaling $1.5M in 2024.

Where does Winston-Salem State University Foundation Inc operate?

Winston-Salem State University Foundation Inc has awarded grants in North Carolina.

What size grants does Winston-Salem State University Foundation Inc award?

In 2024, Winston-Salem State University Foundation Inc awarded 1 grants totaling $1.5M — an average of about $1.5M per grant, based on its IRS Form 990 filings.

What is Winston-Salem State University Foundation Inc's EIN?

Winston-Salem State University Foundation Inc's EIN (Employer Identification Number) is 56-0989620. IRS Form 990 filing data is available on this page for 2021–2024.

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

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