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North Carolina · Public charity

The Millennium Fund CO Winston-Salem Foundation

Help in the development of downtown Winston-Salem, NC via projects, infrastructure, business recruitment, and site selection.

$1.4M
Granted FY2024(still arriving)
7
Grants FY2024
6
Organizations funded FY2023
33%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$75,000
Largest grant, FY2024
$800,000
Organizations funded a year
5 to 12
FY2017 to FY2023
States reached, FY2024
1
Total assets, FY2024
$1.5M

How open it is to new grantees

In FY2023, 33% of the organizations The Millennium Fund CO Winston-Salem Foundation funded were first-time grantees, receiving 28% of its grant dollars.

New vs renewed · share of each year

In FY2023, 72% of grant dollars renewed an existing relationship; $410k went to new ones.

50%100%’18’23
RenewedFirst-time

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

’18’23
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 arriving7$1.4M43%
FY20236$1.4M33%
FY20185$89k20%
FY201712$271kn/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$2.2MArts & Culture$639kEducation$200kRecreation & Sports$135k

Top grantees

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

Show all 18 grantees
All grantees of The Millennium Fund CO Winston-Salem Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Greater Winston-Salem Development Corp$941,667356%
Greater Winston-Salem Inc$800,000221%
Downtown Winston-Salem Foundation Inc$350,000390%
Winston-Salem State University Foundation Inc$200,00012%
University of North Carolina School of the Arts Foundation Inc$200,00012%
Riverrun International Film Festival$170,000813%
North Carolina Black Repertory Company Inc$150,00044%
Winston Starts$120,00055%
Bookmarks Inc$55,00053%
Agile City Winston-Salem$55,000616%
Downtown Winston-Salem Community Cinema$43,69123%
National Cycling Center Inc$30,00032%
The Arts Council Inc$25,0001n/a
Downtown Winston-Salem Partnership Inc$20,0002n/a
Phuzz Sounds LLC$10,0001n/a
Swiftwater Media LLC$5,0001n/a
National Sports Media Association Inc$5,00012%
Indo US Cultural Association Inc$5,0001n/a

Where it is load-bearing

The Millennium Fund CO Winston-Salem Foundation supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 13 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetGreater Winston-Salem Development Corp: $941,667 over 3y, 56% of budgetGreater Winston-Salem Inc: $800,000 over 2y, 21% of budgetDowntown Winston-Salem Foundation Inc: $350,000 over 3y, 90% of budgetWinston-Salem State University Foundation Inc: $200,000 over 1y, 2.2% of budgetUniversity of North Carolina School of the Arts Foundation Inc: $200,000 over 1y, 2.1% of budgetRiverrun International Film Festival: $170,000 over 8y, 13% of budgetNorth Carolina Black Repertory Company Inc: $150,000 over 4y, 3.6% of budgetWinston Starts: $120,000 over 5y, 4.6% of budgetBookmarks Inc: $55,000 over 5y, 2.9% of budgetAgile City Winston-Salem: $55,000 over 6y, 16% of budgetDowntown Winston-Salem Community Cinema: $43,691 over 2y, 3.2% of budgetNational Cycling Center Inc: $30,000 over 3y, 1.7% of budgetNational Sports Media Association Inc: $5,000 over 1y, 2.4% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 13.

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Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Winston-Salem FoundationNC28.8× affinity12 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Winston-Salem Foundation · Twin City Development Foundation · Reynolds American Foundation · North Carolina Baptist Hospital · Ta John W and Anna H Hanes Foundation · Forsyth Memorial Hospital Inc · The Arts Council Inc · Wake Forest University · Richard Wood Averill Charitable Trust aka Richard Wood Averill Foundation · Flow Foundation Inc · Strickland Family Foundation Cynthia a S Graham · Reynolds Foundation 186-8803582

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare The Millennium Fund CO Winston-Salem Foundation with peer funders

About The Millennium Fund CO Winston-Salem Foundation

How much does The Millennium Fund CO Winston-Salem Foundation give?
The Millennium Fund CO Winston-Salem Foundation reported 7 grants totaling $1,385,000 in its FY2024 IRS filing. It funded between 5 and 12 organizations a year over FY2017 to FY2023.
What does The Millennium Fund CO Winston-Salem Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (69%), Arts & Culture (20%), Education (6%).
Who are The Millennium Fund CO Winston-Salem Foundation's largest grantees?
By total granted over FY2017 to FY2024: Greater Winston-Salem Development Corp ($942k), Greater Winston-Salem Inc ($800k), Downtown Winston-Salem Foundation Inc ($350k).
Does The Millennium Fund CO Winston-Salem Foundation fund new organizations?
In FY2023, 33% of the organizations it funded were first-time grantees.
Which funders back the same organizations as The Millennium Fund CO Winston-Salem Foundation?
Its strongest co-funders, measured against what their size predicts, include The Winston-Salem Foundation, Twin City Development Foundation, Reynolds American Foundation.
Where is The Millennium Fund CO Winston-Salem Foundation based?
The Millennium Fund CO Winston-Salem Foundation 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 18 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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