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North Carolina · Nonprofit

The Millennium Fund CO Winston-Salem Foundation

The Millennium Fund CO Winston-Salem Foundation (North Carolina) receives grants from 1 organization whose IRS filings report $2,670,000 to it, the largest being The Winston-Salem Foundation ($2,670,000). 1 of them have funded it in more than one year.

Revenue FY2024
$227k
Funders on record
1
Grants received
$2.7M
Net assets
$1.5M
1/1 repeat funderspeak grant-dependency 100%
01The organization over time

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.

100 = 20172017 Revenue 100 ($121k) Expenses 100 ($308k) Net assets 100 ($3.5M)2018 Revenue 233 ($282k) Expenses 38 ($118k) Net assets 107 ($3.7M)2019 Revenue 691 ($836k) Expenses 51 ($158k) Net assets 127 ($4.4M)2020 Revenue 325 ($393k) Expenses 215 ($662k) Net assets 121 ($4.2M)2021 Revenue 1146 ($1.4M) Expenses 305 ($940k) Net assets 135 ($4.7M)2022 Revenue 428 ($518k) Expenses 520 ($1.6M) Net assets 104 ($3.6M)2023 Revenue 359 ($435k) Expenses 474 ($1.5M) Net assets 76 ($2.6M)2024 Revenue 187 ($227k) Expenses 458 ($1.4M) Net assets 43 ($1.5M)
'17'18'19'20'21'22'23'24
Revenue (187)Expenses (458)Net assets (43)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

88% of The Millennium Fund CO Winston-Salem Foundation’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).

This organization
Typical peer · 7,816 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$187k
’17
$164k
’18
$678k
’19
−$269k
’20
$447k
’21
−$1.1M
’22
−$1.0M
’23
−$1.2M
’24
3.1
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2022: the base held at 1 funder, grant income fell $774k → $516k.

Funder
'19
'21
'22
total
funders
1
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of The Millennium Fund CO Winston-Salem Foundation’s funders (the co-funder graph). Association, not causation.

Where its funders are

100% of The Millennium Fund CO Winston-Salem Foundation's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’19
’21
’22
North Carolina out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

The Millennium Fund CO Winston-Salem Foundation has grown faster than half of the 7,105 philanthropy nonprofits its size.

Operating margin−522% · bottom quartile
Months of reserve3.1mo · below the median
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 7,105 philanthropy nonprofits $100k–$1M, FY2024

Organizations like The Millennium Fund CO Winston-Salem 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

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for The Millennium Fund CO Winston-Salem 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.

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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 The Millennium Fund CO Winston-Salem Foundation?
The Millennium Fund CO Winston-Salem Foundation (North Carolina) receives grants from 1 organization whose IRS filings report $2,670,000 to it, the largest being The Winston-Salem Foundation ($2,670,000). 1 of them have funded it in more than one year.
How many funders does The Millennium Fund CO Winston-Salem Foundation have?
IRS filings report 1 organization giving $2,670,000 in grants to The Millennium Fund CO Winston-Salem Foundation, 1 of which have funded it in more than one year.
Who is the largest funder of The Millennium Fund CO Winston-Salem Foundation?
The Winston-Salem Foundation is the largest funder on record, with $2,670,000 in grants. The full list of funders is on this page.
How can an organization like The Millennium Fund CO Winston-Salem 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 FY2024 (financials across 2017–2024), and the filings of 1 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. What this page cannot tell you · view filing