North Carolina · Public charity
Twin City Development Foundation
To fund, through grants, public education and economic development in forsyth county and surrounding areas.
- $915k
- Granted FY2025(still arriving)
- 22
- Grants FY2025
- 15
- Organizations funded FY2024
- 53%
- First-time grantees FY2024
- Median grant, FY2025
- $25,000
- Largest grant, FY2025
- $400,000
- Organizations funded a year
- 10 to 25
- FY2018 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $18M
How open it is to new grantees
In FY2024, 53% of the organizations Twin City Development Foundation funded were first-time grantees, receiving 45% of its grant dollars.
New vs renewed · share of each year
In FY2024, 55% of grant dollars renewed an existing relationship; $282k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 21 | $513k | 29% |
| FY2024 | 15 | $620k | 53% |
| FY2023 | 22 | $581k | 64% |
| FY2022 | 14 | $315k | 57% |
| FY2021 | 25 | $580k | 68% |
| FY2020 | 10 | $178k | 40% |
| FY2018 | 15 | $479k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2025.
Top grantees
Largest recipients by total granted, FY2018 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Wake Forest University Health Sciences | $210,000 | 2 | 0% |
| Greater Winston-Salem Development Corp | $185,000 | 5 | 9% |
| Forsyth Technical Community College Foundation Inc | $182,000 | 3 | 4% |
| Piedmont Triad Partnership | $160,000 | 7 | 2% |
| Agile City Winston-Salem | $150,000 | 1 | 37% |
| Kaleideum | $95,000 | 3 | 1% |
| Winston Salem Forsyth County Schools | $90,000 | 2 | n/a |
| Winston Salem Industries for the Blind Inc | $85,000 | 4 | 0% |
| Winston-Salem State University Foundation Inc | $85,000 | 3 | 0% |
| Young Men's Christian Association of Northwest North Carolina (4626) | $85,000 | 2 | 0% |
Show all 72 grantees
Where it is load-bearing
Twin City Development Foundation supplied at least a quarter of the budget for 5 of its grantees at some point. The chart plots its 61 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: The Winston-Salem Foundation · Reynolds American Foundation · Reynolds Foundation 186-8803582 · North Carolina Baptist Hospital · Forsyth Memorial Hospital Inc · The Arts Council Inc · Ta John W and Anna H Hanes Foundation · Truist Foundation Inc · Z Smith Reynolds Foundation Inc · Wake Forest University · The Millennium Fund CO Winston-Salem Foundation · James G Hanes Memorial Fund
How this is measured
About Twin City Development Foundation
- How much does Twin City Development Foundation give?
- Twin City Development Foundation reported 22 grants totaling $915,000 in its FY2025 IRS filing. It funded between 10 and 25 organizations a year over FY2018 to FY2024.
- What does Twin City Development Foundation fund?
- By grant dollars over FY2018 to FY2025, its largest causes are Community Improvement (42%), Education (35%), Arts & Culture (6%).
- Who are Twin City Development Foundation's largest grantees?
- By total granted over FY2018 to FY2025: Wake Forest University Health Sciences ($210k), Greater Winston-Salem Development Corp ($185k), Forsyth Technical Community College Foundation Inc ($182k).
- Does Twin City Development Foundation fund new organizations?
- In FY2024, 53% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Twin City Development Foundation?
- Its strongest co-funders, measured against what their size predicts, include The Winston-Salem Foundation, Reynolds American Foundation, Reynolds Foundation 186-8803582.
- Where is Twin City Development Foundation based?
- Twin City Development Foundation is based in NC.
Play a game based on Twin City Development’s filings →