Wake Forest University Development

WINSTONSALEM, NC EIN: 56-2038194

The organization operates as a supporting organization exclusively for the benefit of Wake Forest University ("WFU"), Wake Forest University Health Sciences ("WFUHS"), and Reynolda House, Inc. ("RH"), each of which supported organizations are 501 (c)(3) organizations. The organization's purposes include: (1) serving as the recipient of properties contributed to the supported organizations to be held temporarily; (2) managing short-term contributed properties; (3) determining whether and when prospective contributions of real or personal property should be accepted, retained, liquidated or transferred; (4) obtaining, acquiring, receiving, constructing, erecting or improving properties to which the organization holds title; holding, retaining, leasing, managing, selling, disposing of, or assigning the income from and/or rights in or to real and personal property; and (5) establishing subsidiary organizations or entities.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$77K

-64.2% YoY

Annual Giving

$125K

Grant Count

1

Avg Grant Size

$125K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$49K$98K$147K$195K20202021202220232024
Metric202420232022
Total Assets$77,144$215,711$223,333
Revenue$-13,634$-337,944
Expenses$124,523$8,442$177,688
Qualifying Distributions
Net Investment Income$-13,634$-497,944
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$86K$128K$171K1 grants20201 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Wake Forest University$125K

Grant Size Distribution

4 grants across all recorded years

1<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Mit B ShahChair0.3
Robert J McCrearyVice Chair0.3
Lynn C BaranskiTrustee0.3
Frederick W Eubank IITrustee0.3
Peter C BrockwayTrustee0.3
Frank B Holding JrTrustee0.3
Mary Torbet HaysTrustee0.3
Aubrey L MartinTrustee0.3
John M McAvoyTrustee0.3
James M O'ConnellTrustee0.3
Ogden Phipps IITrustee0.3
Michael C SmithTrustee0.3
David I WahrhaftigTrustee0.3
Susan R Wente PhDPresident0.3
Jacqueline A Travisano EdDVice President0.3
J Reid MorganSecretary0.3
Anita M ConradAssistant Secretary-retired 10/31/23)0.3

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Winstonsalem

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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