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North Carolina · Public charity

Greater Winston-Salem Inc

GREATER WINSTON-SALEM INC. Is a leading business organization in winston- salem and forsyth county. The organization is focused on establishing winston-salem as a technology-driven economic center. GREATER WINSTON-SALEM INC. Offers services to strengthen existing businesses, to encourage small business creation, and to develop a talented…

$348k
Granted FY2024(still arriving)
1
Itemized grants FY2024
5
Organizations funded FY2023
40%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$285k
The rest is grants the schedule does not break out
Median grant, FY2024
$285,031
Largest grant, FY2024
$285,031
Organizations funded a year
1 to 5
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$6.3M

How open it is to new grantees

In FY2023, 40% of the organizations Greater Winston-Salem Inc funded were first-time grantees, receiving 7% of its grant dollars.

New vs renewed · share of each year

In FY2023, 93% of grant dollars renewed an existing relationship; $22k went to new ones.

50%100%’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23
Community ImprovementOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving1$285k0%
FY20235$317k40%
FY20225$326k80%
FY20211$20k100%
FY20201$10k0%
FY20171$9kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Community Improvement$841kEmployment$115kScience & Tech$10k

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Greater Winston-Salem Development Corp$810,846335%
The Wellnecity Group Inc$40,0002n/a
Sightsource LLC$37,5002n/a
WSSU Child Development Center and Lab Support$27,5002n/a
Greater Winston-Salem Inc Foundation$18,59426%
Goler Community Development Corporation$12,00014%
Brinter Inc$10,0001n/a
Salem Cyber$10,0001n/a

Compare Greater Winston-Salem Inc with peer funders

About Greater Winston-Salem Inc

How much does Greater Winston-Salem Inc give?
Greater Winston-Salem Inc reported 1 itemized grants totaling $285,031, out of $348,466 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 5 organizations a year over FY2017 to FY2023.
What does Greater Winston-Salem Inc fund?
By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (87%), Employment (12%), Science & Tech (1%).
Who are Greater Winston-Salem Inc's largest grantees?
By total granted over FY2017 to FY2024: Greater Winston-Salem Development Corp ($811k), The Wellnecity Group Inc ($40k), Sightsource LLC ($38k).
Does Greater Winston-Salem Inc fund new organizations?
In FY2023, 40% of the organizations it funded were first-time grantees.
Where is Greater Winston-Salem Inc based?
Greater Winston-Salem Inc is based in NC.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 8 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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