Logo for "WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC"

WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC

WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC

Winstonsalem, NC, US
501(c)3
EIN
56-0989620
Logo for "WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC"

WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC

Winstonsalem, NC, US
501(c)3
EIN
56-0989620

Overview

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Est.

1970

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Winston-Salem State University Foundation Inc is a nonprofit organization dedicated to providing financial support to the students and faculty of Winston-Salem State University. With an operating budget of $11.1 million and total revenue of $9 million for the 2024 filing year, the foundation plays a crucial role in enhancing educational opportunities within the community. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

TO PROVIDE FINANCIAL SUPPORT TO THE STUDENTS AND FACULTY OF WINSTON-SALEM STATE UNIVERSITY
Revenues

$9M

Expenses

$12.6M

Net Income:
-$3.6M
Assets

$97.9M

Liabilities

$27.2M

Net Assets:
+$70.7M
Operating Budget

$11.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

11

Median grant size
$49K
Largest grant received
$533.5K
D
DR Latanya D Afolayan
Board Member
T
The Honorable Camille Banks-Prince
Board Member
M
Ms Kristie Swink Benson
Board Member

Frequently Asked Questions

What is WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC’s budget?
In 2024, WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC reported an annual operating budget of around $11.1 million. More detailed financial information is available to registered users.
What causes does WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC support?
WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC supports work in Education.
Where does WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC operate?
WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC is headquartered in Winstonsalem, NC.
Who funded WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC recently?
In 2025, WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CENTRAL INTERCOLLEGIATE ATHLETIC ASSOC, and FOOT LOCKER FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC received in 2024?
The largest grant to WINSTON-SALEM STATE UNIVERSITY FOUNDATION INC in 2024 exceeds $534 thousand.
Overview
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