funder logo

THE WINSTON-SALEM FOUNDATION

THE WINSTON-SALEM FOUNDATION

Winstonsalem, NC, US
501(c)3
EIN
56-6037615
DAF Sponsor
Community Foundation
Regional Funder
funder logo

THE WINSTON-SALEM FOUNDATION

Winstonsalem, NC, US
501(c)3
EIN
56-6037615
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$46,606,251

Contributions
59%
Investments
27%
Other
14%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$100,460,896

Grants
92%
Salaries & Benefits
4%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$38,715,598
$27,479,686
-29%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$93,986
$54,570
-42%
Membership Dues
$0
$0
-
Investments
$11,447,140
$12,649,197
+11%
Other
$22,757,601
$6,422,798
-72%
Total Revenues
$73,014,325
$46,606,251
-36%
Expenses
2023
2024
Change
Grants
$83,250,706
$92,665,055
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,100,803
$4,119,763
+0%
Fees to Service Providers
$1,818,008
$1,969,493
+8%
Advertising & Promotion
$89,199
$74,543
-16%
Offices, Occupancy & IT
$870,769
$884,857
+2%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$942,236
$747,185
-21%
Total Expenses
$91,071,721
$100,460,896
+10%
Net income
2023
2024
Change
Net income
-$18,057,396
-$53,854,645
-198%
Functional Expenses
Summary
2023
2024
Change
Program
$84,982,029
$94,432,345
+11%
Admin
$4,599,004
$4,980,070
+8%
Fundraising
$1,490,688
$1,048,481
-30%
Total Expenses
$91,071,721
$100,460,896
+10%
Income Statement
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