North Carolina · Nonprofit
DOWNTOWN GREENSBORO FOUNDATION
DOWNTOWN GREENSBORO FOUNDATION (North Carolina) receives grants from 11 organizations whose IRS filings report $147,145 to it, the largest being THE CEMALA FOUNDATION INC ($35,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $932k
- Funders on record
- 11
- Grants received
- $147k
- Net assets
- $862k
What Downtown Greensboro Foundation does
Mission
Supports the educational, historical preservation, and other exempt public efforts of downtown greensboro, inc. Which is a nonprofit economic development organization formed to promote and stimulate new investment and interest in the center city area of greensboro, north carolina.
As stated on its FY2025 Form 990.
Programs
Dgi grants program - providing the community with various service projects.
$591,667 spentof which $591,667 as grants68% of program spendingIce rink - providing the community with ice rink operations as part of piedmont winterfest, a community cultural festival during the holiday season.
$130,890 spent$153,096 earned by the program15% of program spendingBeach music - music tradition with five weeks of bands performing beach music for the community of downtown greensboro.
$54,379 spent$26,120 earned by the program6% of program spendingOther activities including a holiday parade, outdoor dining patios and jingle jog.
$91,666 spent$85,596 earned by the program11% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $868,602.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.2M to $1.5M (+28%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 6% · 2018 2% · 2019 9% · 2020 2% · 2021 5% · 2022 2% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.
70% of DOWNTOWN GREENSBORO FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Stu Nichols
Board chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $1k → $10k.
1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $554k from 5 payers (the payer shares this organization's board, largest Downtown Greensboro Inc). These are real filings, and they are not money DOWNTOWN GREENSBORO FOUNDATION raised.
From the IRS filings of DOWNTOWN GREENSBORO FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DOWNTOWN GREENSBORO FOUNDATION has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 83% · 2021 55% · 2022 67% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
25% of DOWNTOWN GREENSBORO FOUNDATION's funders are still giving 3 years after their first grant; 27% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of DOWNTOWN GREENSBORO FOUNDATION's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DOWNTOWN GREENSBORO FOUNDATION holds deeper cash reserves than three-quarters of the 12,262 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025
Organizations like DOWNTOWN GREENSBORO FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 2 related entities
- Downtown Greensboro Inc · exempt
- Downtown Greensboro Improvement Corp · exempt
Screen this organization
A dated, signed PDF of the compliance screen for DOWNTOWN GREENSBORO FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DOWNTOWN GREENSBORO FOUNDATION?
- DOWNTOWN GREENSBORO FOUNDATION (North Carolina) receives grants from 11 organizations whose IRS filings report $147,145 to it, the largest being THE CEMALA FOUNDATION INC ($35,000). 3 of them have funded it in more than one year.
- How many funders does DOWNTOWN GREENSBORO FOUNDATION have?
- IRS filings report 11 organizations giving $147,145 in grants to DOWNTOWN GREENSBORO FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of DOWNTOWN GREENSBORO FOUNDATION?
- THE CEMALA FOUNDATION INC is the largest funder on record, with $35,000 in grants. The full list of funders is on this page.
- How can an organization like DOWNTOWN GREENSBORO FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing