NonprofitsSalem Academy & College

Education

Salem Academy & College

WINSTON SALEM, NC

Total revenue

$38.9M

Total expenses

$33.3M

Net assets

$89.4M

Grants received

$18.3M

189 grants

EIN

560530005

Tax year

2023

Mission

Salem academy and college is a diverse community dedicated to educating girls and women and empowering them to lead. Since 1772, salem academy fosters girls to become compassionate and creative leaders who chart their paths with character, curiosity, and courage. At salem academy, core values such as transformative learning, comprehensive wellness, and inclusive community provide an extraordinary educational experience to prepare students for college and life. Salem college, a premier women's college committed to advancing equity in health and in society, is grounded in the liberal arts. At salem college, core values such as intellectual curiosity, equity and belonging, and courageous leadership develops students' potential to prepare them to create healthier and more equitable communities

Financials

FY 2023

Revenue

Contributions & grants$12.2M
Program service revenue$12.9M
Investment income$10.0M
Other revenue$3.8M
Total revenue$38.9M

Expenses

Grants paid$8.2M
Salaries & benefits$13.3M
Fundraising$1.4M
Other expenses$11.5M
Total expenses$33.3M
Total assets$110.1M
Net assets$89.4M

People

30 listed

NameRoleCompensation

SUMMER MCGEE

PRESIDENT

Board

$252K

50 hrs/wk

DAVID BROWNING

VP FINANCE/CFO

Board

$186K

50 hrs/wk

KATHRYN BARNES

VP OF INSTITUTIONAL DEVELOPMENT

Board

$130K

50 hrs/wk

KRIS SORRELLS

HEAD OF ACADEMY

Board

$100K

50 hrs/wk

BRETT WOODS

VP FOR ACADEMIC AFFAIRS

Board

$78K

50 hrs/wk

ELLEN DREW

TRUSTEE

Board

5 hrs/wk

TERRIE DAVIS

TRUSTEE

Board

5 hrs/wk

LOSSIE FREEMAN

TRUSTEE

Board

5 hrs/wk

BETH GIANOPULOS

TRUSTEE

Board

5 hrs/wk

INA KAMENZ

TRUSTEE

Board

5 hrs/wk

DR PATRICE DAVIS

BOARD CHAIR

Board

10 hrs/wk

DR BRANDY NELSON

TRUSTEE

Board

5 hrs/wk

ANNE SALISBURY

TRUSTEE

Board

5 hrs/wk

SYDNEY TAYLOR

TRUSTEE

Board

5 hrs/wk

DR EILEEN WILSON-OYELARAN

TRUSTEE

Board

5 hrs/wk

KATHERINE HOLLAND-ORTIZ

TRUSTEE

Board

5 hrs/wk

DR JOHN MCCONNELL

BOARD VICE CHAIR

Board

10 hrs/wk

BROOKE SMITH

SECRETARY

Board

5 hrs/wk

SALLIE BEASON

TREASURER

Board

5 hrs/wk

MIMI ALEDO-SANDOVAL

TRUSTEE

Board

5 hrs/wk

JULIA ARCHER

TRUSTEE

Board

5 hrs/wk

ELIZABETH BAIRD

TRUSTEE

Board

5 hrs/wk

SARAH BERGA

TRUSTEE

Board

5 hrs/wk

AKESHIA CRAVEN-HOWELL

TRUSTEE

Board

5 hrs/wk

LINDA DARDEN

TRUSTEE

Board

5 hrs/wk

JOHN DAYNES

CHIEF ENROLLMENT OFFICER

Staff

$162K

50 hrs/wk

DALE SANDERS

PROFESSOR OF HEALTH & BUSINESS ADMINISTRATION

Staff

$143K

50 hrs/wk

EVANGELIA MAZARIS

VP OF EQUITY, DIVERSITY, AND INCLUSION

Staff

$120K

50 hrs/wk

JENNA SHEFFIELD

ASSOCIATE VP FOR ACADEMIC AFFAIRS

Staff

$114K

50 hrs/wk

GLENN MCGEE

ADMISSIONS DIRECTOR

Staff

$113K

50 hrs/wk

Independent contractors

ARAMARK SERVICES INC

DINING SERVICES

$2.1M

EAB GLOBAL INC

STUDENT MARKETING & RESEARCH

$593K

COMMUNITY COUNSELING SERVICES CO LLC

PRE-CAMPAIGN CONSULTANTING

$404K

NOVANT CORPORATE HEALTH

HEALTH SERVICES

$372K

NWN CORPORATION

NETWORK SERVICES

$321K

Grants received

Showing 189 of 189

FromAmountPurposeYear
$298K
78 grant(s) for varying purposes
2024
$280K
For general scholarship support.
2024
$250K
General & Unrestricted
2024
$175K
For general scholarship support.
2024
$125K
MAY DELL RENOVATION FUND
2024
$125K
AGNES QUINERLY MONK C'47 SCHOLARSHIP
2024
$51K
GENERAL OPERATING
2024
$50K
CHARITABLE GIFT
2024
$24K
GENERAL SUPPORT
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
GENERAL PURPOSE
2024
$9K
GENERAL OPERATING
2024
$2K
DISCRETIONARY GRANT
2024
$500K
DONATION
2023
$333K
CHARITABLE GIFT
2023
$280K
For general scholarship support.
2023
$279K
74 grant(s) for varying purposes
2023
$175K
For general scholarship support.
2023
$150K
CREATING ACCESSIBILITY IN THE RONDTHALER SCIENCE BUILDING
2023
$125K
MAY DELL RENOVATION FUND
2023
$125K
AGNES QUINERLY MONK C'47 SCHOLARSHIP
2023
$66K
GENERAL OPERATING
2023
$39K
For grant recipient's exempt purposes
2023
$26K
GENERAL OPERATING
2023
$25K
FIVE (5) $5,000 SCHOLARSHIPS
2023
$22K
the Susan Leigh Maddox Science and Math Excellence Fund + math & science equipmen +, internships
2023
$21K
GENERAL SUPPORT
2023
$12K
PROVIDE SCHOLARSHIP FUNDS
2023
$12K
GENERAL OPERATING
2023
$10K
PRIVATE ELEMENTARY & SECONDARY SCHOOLS
2023
$10K
MENGER - 05/01/24 10:34AM WORKSHEET PRIVATE FOUNDATION
2023
$9K
GENERAL OPERATING
2023
$7K
GENERAL OPERATING
2023
$2K
LEIGHT FACULTY DEVELOPMENT FUND
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$1K
GENERAL SUPPORT
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$650
OTHER CIVIC / COMMUNITY
2023
$600
OTHER CIVIC / COMMUNITY
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$3.0M
For grant recipient's exempt purposes
2022
$833K
GENERAL CHARITABLE PURPOSE
2022
$317K
77 GRANT(S) FOR VARYING PURPOSES
2022
$270K
For general scholarship support.
2022
$165K
For general scholarship support.
2022
$71K
CHARITABLE GIFT
2022
$25K
FIVE (5) $5,000 SCHOLARSHIPS
2022
$25K
PROVIDE SCHOLARSHIP FUNDS
2022
$24K
GENERAL SUPPORT
2022
$15K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
GENERAL OPERATING
2022
$14K
GENERAL OPERATING
2022
$12K
Maddox Excellence Fund
2022
$10K
Susan Leigh Maddox Scholarship
2022
$7K
GENERAL OPERATING
2022
$7K
FOR EDUCATIONAL SCHOLARSHIP FUNDS
2022
$5K
General & Unrestricted
2022
$5K
General Operating Support
2022
$2K
Inauguration Tribute fund
2022
$2K
Internships
2022
$2K
Susan Leigh Maddox Science and Math Equipment
2022
$1K
PROGRAM/OPERATING SUPPORT
2022
$1K
Operating budget
2022
$1K
VISUAL ART - PROJECT/PROGRAM
2022
$1K
GENERAL SUPPORT
2022
$1K
GENERAL SUPPORT
2022
$600
MIP PAYOUT FOR 01/27/2022
2022
$40
GENERAL SUPPORT
2022
$1.5M
For grant recipient's exempt purposes
2021
$1.5M
For grant recipient's exempt purposes
2021
$245K
For general scholarship support.
2021
$155K
For general scholarship support.
2021
$100K
GENERAL SUPPORT
2021
$55K
GENERAL OPERATING
2021
$53K
GENERAL OPERATING
2021
$25K
FIVE (5) $5,000 SCHOLARSHIPS
2021
$23K
PROVIDE SCHOLARSHIP FUNDS
2021
$12K
GENERAL OPERATING
2021
$11K
GENERAL PURPOSE
2021
$8K
For recipient's exempt purpose
2021
$7K
GENERAL OPERATING
2021
$5K
CHARITABLE DONATION
2021
$5K
DONATION
2021
$517K
For grant recipient's exempt purposes
2020
$280K
85 GRANT(S) FOR VARYING PURPOSES
2020
$245K
For general scholarship support.
2020
$200K
TECHNOLOGY INFRASTRUCTURE UPGRADE
2020
$160K
For general scholarship support.
2020
$52K
CHARITABLE GIFT
2020
$50K
GENERAL OPERATING
2020
$25K
ECONOMIC DEVELOPMENT
2020
$22K
General Operating Support
2020
$22K
GENERAL SUPPORT
2020
$21K
PROVIDE SCHOLARSHIP FUNDS
2020
$20K
DONATION
2020
$20K
FOUR (4) $5,000 SCHOLARSHIPS
2020
$20K
GENERAL PURPOSE
2020
$20K
General & Unrestricted
2020
$15K
UNRESTRICTED GRANT
2020
$13K
GENERAL OPERATING
2020
$13K
UNRESTRICTED GENERAL SUPPORT
2020
$11K
SALEM ACADEMY FUND
2020
$10K
COMMUNITY COLLEGE & HBCU INITIATIVE GRANTS
2020
$10K
General Operating Support - Honor of Susan Leigh Maddox
2020
$9K
GENERAL OPERATING
2020
$7K
GENERAL OPERATING
2020
$7K
GENERAL PURPOSE
2020
$5K
Susan Leigh Maddox Science and Math Excellence Fund
2020
$3K
EMPLOYEE MATCHING GRANT
2020
$440
CHARITABLE ACTIVITIES
2020
$200
Matching Gifts Program
2020
$275K
GENERAL PURPOSE
2019
$200K
TECHNOLOGY INFRASTRUCTURE UPGRADE
2019
$49K
GENERAL OPERATING
2019
$20K
FOUR (4) $5,000 SCHOLARSHIPS
2019
$12K
For grant recipient's exempt purposes
2019
$9K
GENERAL OPERATING
2019
$8K
Education
2019
$112K
GENERAL SUPPORT
2018
$110K
RONDTHALER-GRAMLEY HOUSE
2018
$84K
Debt reduction Fund
2018
$60K
SCHOLARSHIPS
2018
$52K
GENERAL OPERATING
2018
$41K
For grant recipient's exempt purposes
2018
$24K
General & Unrestricted
2018
$22K
GENERAL SUPPORT
2018
$20K
Step Up For Salem Project
2018
$16K
GENERAL PURPOSE
2018
$15K
PROVIDE SCHOLARSHIP FUNDS
2018
$10K
GENERAL OPERATIONAL SUPPORT
2018
$3K
Step Up for Salem Project
2018
$1K
PROGRAM/OPERATING SUPPORT
2018
$1K
GENERAL SUPPORT
2018
$27K
PROVIDE SCHOLARSHIP FUNDS
2017
$13K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$18.3M from 59 funders · 189 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$6.7M · 8 grants · 2017–2023

Lettie Pate Whitehead Foundation Inc

$2.1M · 10 grants · 2020–2024

Donor Advised Charitable Giving Inc

$1.5M · 7 grants · 2017–2023

The Winston-Salem Foundation

$1.2M · 4 grants · 2020–2024

Ella Ann L And Frank B Holding Foundatio

$1.1M · 6 grants · 2018–2023

Drew Foundation

$833K · 1 grant · 2022

Bill & Agnes Monk Family Foundation

$600K · 5 grants · 2018–2024

The Cannon Foundation Inc

$550K · 3 grants · 2019–2023

Details

EIN560530005
NTEE codeB420
Subsection03
Ruling date1951-10
Formed1772
Employees421
Volunteers16
SALEM ACADEMY & COLLEGE — Mission, Financials & Grants Received | Grantivo