SEE SCHEDULE OWAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER (AT TIMES ALSO REFERRED TO AS THE "MEDICAL CENTER OR "WFUBMC OR "THE FILING ORGANIZATION") IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST (AT TIMES ALSO REFERRED TO AS "AHWFB"), A PREEMINENT LEARNING HEALTH SYSTEM AND ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION, EXCELLENCE AND INNOVATION. AHWFB'S MISSION IS TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING - FOR ALL AND ITS VISION IS TO BE THE FIRST AND BEST CHOICE FOR CARE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$648.8M
+14.0% YoY
Annual Giving
$20.0M
Grant Count
1
Avg Grant Size
$20.0M
About Wake Forest University Baptist Medical
Based on IRS filings
Wake Forest University Baptist Medical is a nonprofit organization focused on Health, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $648.8M in total assets. In 2024, it awarded 1 grants totaling $20.0M. Net investment income was $10.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $648,834,754 | $569,235,159 | $507,015,665 |
| Revenue | $172,627,029 | $163,386,699 | $169,430,781 |
| Expenses | $230,304,142 | $197,909,707 | $184,950,341 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,910,733 | $6,523,895 | $592,962 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM C WARDEN JR | CHAIR | 15 | — |
| DONALD E FLOW | VICE CHAIR | 4 | — |
| NITA AHUJA MD | DIRECTOR | 4 | — |
| FELICIA ALLEN | DIRECTOR | 4 | — |
| DONNA A BOSWELL PHD | DIRECTOR | 4 | — |
| LEON LEE JONES MD | DIRECTOR | 4 | — |
| A LEE HERRING | DIRECTOR | 4 | — |
| A DALE JENKINS | DIRECTOR | 4 | — |
| ARTHUR A GIBEL | DIRECTOR | 4 | — |
| MATTHEW A KING | DIRECTOR | 4 | — |
| MARK E REED | DIRECTOR | 4 | — |
| STEPHEN L ROBERTSON | DIRECTOR | 4 | — |
| RICHARD L SHACKELFORD | DIRECTOR | 4 | — |
| REV FRANK THOMAS | DIRECTOR | 4 | — |
| JOHN M VANN | DIRECTOR | 4 | — |
| SHEREE B WATSON | DIRECTOR | 4 | — |
| SUSAN R WENTE PHD | DIRECTOR | 5.5 | — |
| BRIAN A WHITE | DIRECTOR | 4 | — |
| JULIE ANN FREISCHLAG MD | CEO OF AHWFB | 5 | — |
| EUGENE A WOODS | CEO ADVOCATE HEALTH | 5 | $22,870,198 |
| BRADLEY A CLARK | EVP, TREASURER | 4 | $2,513,703 |
| J MCLAIN WALLACE JR | SVP, GEN COUNSEL & SECRETARY | 5 | $1,659,102 |
| L EBONY BOULWARE MD | DEAN, WFU SOM | 5 | — |
| LISA M MARSHALL | VP, CHIEF PHIL OFF | 20 | $974,433 |
| STEPHAN L LILLIE | SVP & CFO | 10 | $666,639 |
| DAVID ZAAS MD | PRES, HEALTH SYSTEM | 20 | — |
| CATHLEEN WHEATLEY DNP | PRES WFBMC, SVP CNO | 40 | $1,249,664 |
| RAMI BADREDDINE MD | PHYSICIAN | 40 | $885,618 |
| A MICK FISHER | SVP, CHRO WFB | 25 | $985,312 |
| MICHAEL T WAID | SVP, HEALTH SYSTEM OPS | 5 | $836,668 |
| TODD BANKHEAD | SVP CLINICAL OPS, COO | 40 | $862,124 |
| KEVIN P HIGH MD | FORMER OFFICER | — | — |
| TERRY G WILLIAMS | FORMER OFFICER | — | $2,204,442 |
| J REID MORGAN | ASST SECRETARY | 6 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Ihope Foundation
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Total Given
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Orange County Partnership for Young
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Assets
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Total Given
$2.1M
North Carolina Baptist Hospital
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Assets
$2.8B
Grants
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Total Given
$634K
The Anne Shuford Mcbryde
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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