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The Winston-Salem Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 566037615 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is The Winston-Salem Foundation?

The Winston-Salem Foundation is a community foundation based in Winston-Salem, North Carolina. With approximately 1,040 endowed funds and 570 temporary funds, the organization serves as a facilitator, linking charitable resources to community needs and donor-specific locales. By inspiring giving and managing contributions, they aim to strengthen Forsyth County both now and in the future. Established on values of inclusion, accountability, and continuous learning, the Foundation engages in grant programs, advisory services, and scholarships primarily for Forsyth County residents. Their mission is to inspire giving, match charitable gifts with community needs, and hold themselves to the highest standards of ethics, service, and stewardship.


Official website here: www.wsfoundation.org

Is The Winston-Salem Foundation legitimate?

The Winston-Salem Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Winston-Salem Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,014,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,107,614

For more financial information, click here


Official website here: www.wsfoundation.org

What is the mission statement of The Winston-Salem Foundation?

The Winston-Salem Foundation serves as a community foundation, acting as a facilitator connecting charitable donations with community needs. Their mission is to inspire giving and link resources to action, aiming to strengthen their community both now and in the future. As an organization, they uphold the values of inclusion, practicing and advocating for inclusivity, honoring the unique strengths and experiences of all individuals. Accountability is another core value, as they honor the intentions of donors and partners while maintaining the highest ethical standards. Lastly, continuous learning is a commitment they hold, evolving with the community and partners to make a positive impact.


Official website here: www.wsfoundation.org

Who is the CEO of The Winston-Salem Foundation?

Latida M Smith is the President of The Winston-Salem Foundation.


Official website here: www.wsfoundation.org

What is the revenue of The Winston-Salem Foundation?

The Winston-Salem Foundation's revenue in 2022 was $62,200,081.


Official website here: www.wsfoundation.org

Who are the executives of The Winston-Salem Foundation and what are their salaries?

The average compensation at The Winston-Salem Foundation during 2022 was $97,570. There are 32 employees at The Winston-Salem Foundation.

Here are 25 key members and their salaries:

    Latida M Smith (President)
  • Compensation: $277,131
  • Related: $0
  • Other: $46,295

    • Lisa P Purcell (Executive Vice President)
  • Compensation: $218,225
  • Related: $0
  • Other: $38,088

    • J Todd Slate (Vp, Finance)
  • Compensation: $204,089
  • Related: $0
  • Other: $34,905

    • Annette P Lynch (Vp, Philanthropic Services)
  • Compensation: $163,763
  • Related: $0
  • Other: $32,125

    • Brittney J Gaspari (Vp, Community Investment)
  • Compensation: $147,836
  • Related: $0
  • Other: $43,776

    • Andrea M Hulighan (Director, Strategic Initia)
  • Compensation: $116,135
  • Related: $0
  • Other: $35,583

    • D Patrick Meehan (Director, Information Tech)
  • Compensation: $105,503
  • Related: $0
  • Other: $40,821

    • Adelia S Matthews (Comptroller)
  • Compensation: $117,101
  • Related: $0
  • Other: $27,372

    • Carolyn O Fulton (Director, Marketing & Comm)
  • Compensation: $106,181
  • Related: $0
  • Other: $32,544

    • Alison Ashe-Card (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evelyn Acree (Treasurer/Committee Mem.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Crocker (Secretary/Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Brenner (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Crane (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Cullinan (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Davis (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Lawson (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Lindsay (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula Mccoy (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Reingold (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar Santos (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allan Younger (Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wells Fargo Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bank Of America Private Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Truist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wsfoundation.org

    Where can I find the form 990 for The Winston-Salem Foundation?

    The The Winston-Salem Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wsfoundation.org

    Learn more at the official website: www.wsfoundation.org

    Mission Statement of The Winston-Salem Foundation

    The Winston-Salem Foundation, a community foundation, inspires giving and links resources to action, strengthening Forsyth County both now and in the future. As a facilitator, it matches charitable gifts with charitable needs within the community and among donor-specific locales. The organization's mission is driven by three core values: inclusion, accountability, and continuous learning.

    Guided by the value of inclusion, The Winston-Salem Foundation champions and practices inclusivity, valuing the strengths and experiences of all in the community. It honors the diverse backgrounds and perspectives that contribute to the vibrancy and resilience of the community.

    Adhering to the value of accountability, the Foundation upholds the intentions of its donors and partners, maintaining the highest standards of ethics, service, and stewardship. It meticulously manages resources, ensuring they are directed towards the intended charitable objectives.

    Rooted in the value of continuous learning, The Winston-Salem Foundation is committed to evolving with its community and its partners. It strives to gain new insights and knowledge, utilizing this information to better serve the community and create lasting, positive change.

    Impact

    This information is meant to be a general summary of The Winston-Salem Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Winston-Salem Foundation's impact is significant in strengthening Forsyth County by inspiring giving and linking resources to action. As a community foundation, it administers over 1,040 endowed funds and 570 temporary funds to benefit various cultural, educational, health, social, and religious organizations in the community. Additionally, the foundation provides advisory services and scholarships primarily to Forsyth County residents, supporting their educational pursuits. The foundation's core values of inclusion, accountability, and continuous learning guide its efforts to match charitable gifts with charitable needs within the community, ensuring a lasting impact now and in the future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,963,310
  • Program Service Revenue: $28,118
  • Gross Receipts: $213,157,308

    • Assets and Liabilities:
  • Total Assets: $629,191,522
  • Total Liabilities: $2,934,109
  • Net Assets: $626,257,413
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PRIOR GRANTS RETURNED

    Revenue

    $17,479

    EVENT RECEIPTS

    Revenue

    $8,099

    STUDENT LOAN INTEREST

    Revenue

    $2,540

    Organization Details

    Founding Year

    1919

    Principal Officer

    Latida M Smith

    Main Address

    751 W FOURTH STREET 200, WINSTONSALEM, NC, 271012702

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of The Winston-Salem Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.