FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC

WINSTON SALEM, NC, 27103-5150 (336) 734-7540 Est. 1973 EIN 56-1070364
B41 - Two-Year Colleges 990 - Public charity return 501(c)(3)
www.forsythtech.edu

Mission

THE PURPOSES OF THE FOUNDATION ARE TO FOSTER PUBLIC UNDERSTANDING OF, AND SUPPORT FOR, FORSYTH TECHNICAL COMMUNITY COLLEGE AND TO SOLICIT AND PROMOTE DONATIONS OF ANY KIND FOR THE EXCLUSIVE BENEFIT OF THE COLLEGE.

Giving Portfolio

Total Grants
14
Total Giving
$11.9M
Recipients
8
Years Active
2017 - 2024
Avg grant: $894,963 Median: $884,591

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$2.4M $594K21
20232$1.5M $757K01
20222$2.4M $1.2M01
20202$1.6M $807K01
20192$1.9M $962K01
20172$2.1M $1.1M10

Sectors Funded

Religion-Related
1
Education
1

Top States

North Carolina
14

Grantee Size Profile

$1M - $5M
1

Top Grantees

FORSYTH TECHNICAL COMMUNITY COLLEGE
NC - 10 grants
$9.7M
FORSYTH TECH COMM COLLEGE
NC - 2 grants
$2.1M

Grants Awarded · 2 grants

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Financials

Total Revenue
$1,940,532
Total Expenses
$2,542,499
Net Assets
$15,578,612
12 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
6.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 12.3%
Expenses ↑ 47.3%
Revenue Sources
Contributions 61.5% Investment 38.9%
Expense Breakdown
Program 95.0% Management 4.7% Fundraising 0.3%

Officers & Trustees (15)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,940,532 ↑$2,542,499$15,578,612
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$1,728,323 ↓$1,726,115$15,602,058
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$2,351,370 ↑$2,561,054$14,529,006
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$1,610,001 ↑$1,763,101$15,498,386
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,430,152 ↓$2,047,579$13,677,288
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$6,073,174 $2,302,312$14,339,387

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EIN: 56-1070364 · Source: IRS Form 990 e-file data