Twin City Development Foundation General Grants

Twin City Development Foundation General Grants

Funder: Twin City Development Foundation (501(c)(6) organization)

Geographic Scope: Winston-Salem and Forsyth County, North Carolina

Focus Areas:

Economic Development

Workforce Development

Education (primarily high school, community college, and vocational)

Types of Support

• Grants
• Matching grants
• Program-related investments via low-interest loans

Eligibility

• Eligible Organizations: Non-profit organizations, governmental entities, or approved public/private partnerships
• Loans: May be made to non-profit or for-profit projects meeting criteria

Community Benefits Expected

Grants may result in:
• New jobs
• Saving existing jobs
• Improvements to Forsyth County neighborhoods
• Public education improvements
• Nurturing entrepreneurs
• Improving overall business climate in the county

Funding Formula

• 4.5% of the Foundation's average portfolio value for the prior rolling 12-quarters
• Note: As a 501(c)(6), the Foundation is not obligated to award a minimum level of grants each year

Grant Calendar

Spring Cycle:
• March 1: Grant pre-application deadline
• Late April: Grant decisions made – notification by May 1

Fall Cycle:

September 1: Grant pre-application deadline

Late October: Grant decisions made – notification by November 1

Emergency Grants

Emergency grants outside normal review cycles can be considered with Board approval. Applications made available only after discussion with the Executive Director. Contact via the website's Contact Us page to initiate.

Contact: Use Contact Us page on twincityfoundation.org