About Greater Winston-Salem
To drive regional economic growth by recruiting and retaining businesses, supporting entrepreneurs, developing talent, and promoting Winston-Salem as a competitive place to live and work.
Focus Areas
Economic developmentWorkforce developmentEntrepreneurshipBusiness servicesRegional marketingSite development
Who They Fund
nonprofit organizations seeking tech stafftech professionals/technical job seekersorganizations building digital/technical capacity
Funding Style
operating supportunrestricted support
About Greater Winston-Salem
Greater Winston-salem Inc’s largest recent grants went to a related local development corporation for operating support in both 2023 and 2024, at $258,594 and $267,221. That pattern points to a funder that uses substantial operating dollars to support the institutions behind Winston-Salem’s economic development work, rather than relying only on small project grants. The foundation’s stated purpose is to drive regional economic growth by recruiting and retaining businesses, supporting entrepreneurs, developing talent, and promoting Winston-Salem as a competitive place to live and work. Recent awards show that mission in practice through recurring support for business and talent infrastructure, along with smaller awards tied to tech recruitment. One example is Sightsource LLC, which received $20,000 in 2023 and $17,500 in 2024 for tech recruitment. Another recurring recipient is Winston-Salem State University, which appears in the recent grants list with tech recruitment awards in consecutive years. The mix suggests a local grantmaker that combines core support with targeted workforce and entrepreneurship funding.
What Greater Winston-Salem Funds
Economic development is the clearest theme in the recent grant list. Greater Winston-salem Inc gave $267,221 in 2024 to Greater Winston-salem Development Corp for operating support, alongside $258,594 in 2023 for the same purpose. That recurring institutional support aligns with the foundation’s regional growth mission. Workforce and talent development also appears through tech recruitment grants, including $17,500 to Winston-salem State University in 2023 and $10,000 in 2024. Entrepreneurship and business-building show up in a $20,000 award to The Wellnecity Group Inc in 2023 for tech recruitment, as well as $12,000 to Goler Community Development Corporation in 2024 for the same category. The list also includes $10,000 to Salem Cyber in 2023, which fits the foundation’s interest in technical hiring and digital capacity.
How Greater Winston-Salem Gives
Typical grant sizes cluster in the mid-five figures, with a p25 of $10,500, a median of $17,500, and a p75 of $20,000. The distribution is shaped by a few very large operating awards and many smaller tech recruitment grants. Recent years show repeat funding rather than one-off giving: Greater Winston-salem Development Corp appears in both 2023 and 2024, and several tech recruitment recipients also received grants in consecutive years. The foundation is structured as a local grantmaker focused on operating support, unrestricted support, and capacity building. It does not fund individuals and does not make program-related investments.
Financial Snapshot
Annual Giving
$285K
Total Assets
$6.3M
Total Revenue
$3.7M
Total Expenses
$2.6M
Typical Grant Size
Most grants fall between $11K and $20K, with a median of $18K.
25th Percentile
$11K
Median
$18K
75th Percentile
$20K
Geographic Reach
Local2 states funded
Funding intensity
LowHigh
Headquarters
Leadership
MARK OWENS
Accepts unsolicited proposals
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