Wake Forest University Health Sciences
SEE SCHEDULE O FOR CONTINUATIONWAKE FOREST UNIVERSITY HEALTH SCIENCES (AT TIMES ALSO REFERRED TO AS "WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE", "WFUHS 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
Total Assets
$2.2B
+4.2% YoY
Annual Giving
$301K
-88.1% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$43K
-86.4% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,186,649,419 | $2,098,996,618 | $1,941,039,363 |
| Revenue | $1,713,703,683 | $1,642,738,661 | $1,216,917,552 |
| Expenses | $1,611,375,512 | $1,535,945,189 | $1,358,890,515 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $80,185,013 | $68,749,404 | $-39,361,966 |
| 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 7 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JULIE ANN FREISCHLAG MD | DIRECTOR, CEO AHWFB | 15.7 | $7,594,629 |
| BRADLEY A CLARK | EVP, TREASURER | 1 | $2,513,703 |
| TERRY G WILLIAMS | FORMER OFFICER | — | $2,204,442 |
| EDWARD H KINCAID MD | ACADEMIC FACULTY PHYSICIAN - CHAIR | 40 | $1,751,465 |
| L EBONY BOULWARE MD | DEAN, WFU SCHOOL OF MEDICINE | 35 | $1,717,096 |
| ANTHONY ATALA MD | ACADEMIC FACULTY PHYSICIAN - CHAIR | 40 | $1,701,372 |
| KENNETH LENNON MD | CLIN ADJ FACULTY | 40 | — |
| RUBEN MESA | SRVP & ED COMP CANCER, PRES ENTERPRISE CANCER SERV | 40 | $1,601,249 |
| SUSAN R WENTE PHD | DIRECTOR, PRESIDET WFU | 3 | — |
| DAVID ZHAO MD | ACADEMIC FACULTY PHYSICIAN - SECTION CHIEF | 40 | $1,549,522 |
| TERRY L HALES JR | ASSISTANT TREASURER | 35.2 | $1,310,800 |
| DAVID ZAAS MD | PRESIDENT HEALTH SYSTEM | 20 | $1,314,010 |
| KEVIN P HIGH MD | FORMER OFFICER | — | $1,277,196 |
| LISA M MARSHALL | VP, CHIEF PHIL OFF | 10 | — |
| BRIAN A WHITE | CORPORATE SECRETARY | 2 | — |
| STEPHAN L LILLIE | SVP & CFO | 9.7 | — |
| J REID MORGAN | FORMER OFFICER | — | — |
| DONALD E FLOW | VICE CHAIR | 3 | — |
| A DALE JENKINS | CHAIR | 2 | — |
| BRENDA CLINE | DIRECTOR | 2 | — |
| FREDERICK W EUBANK II | DIRECTOR | 2 | — |
| MARYBETH TORBET HAYS | DIRECTOR | 2 | — |
| MATTHEW A KING | DIRECTOR | 2 | — |
| MIT B SHAH | DIRECTOR | 2 | — |
| DONNA A BOSWELL PHD | DIRECTOR | 2 | — |
| MATTHEW CRAWFORD | DIRECTOR | 2 | — |
| CURTIS C FARMER | DIRECTOR | 2 | — |
| JAMES M O'CONNELL | DIRECTOR | 2 | — |
| CATHY WALL THOMAS MD | DIRECTOR (TO 6/30/24) | 2 | — |
| SHANNAN SPENCE TOWNSEND | DIRECTOR | 2 | — |
| JOHN M VANN | DIRECTOR | 4 | — |
| DAVID I WAHRHAFTIG | DIRECTOR | 2 | — |
| SHELMER D BLACKBURN | DIRECTOR (FR 7/1/24) | 2 | — |
| JEANNE WHITMAN BOBBITT | DIRECTOR (FR 7/1/24) | 2 | — |
| PATRICIA L TURNER MD | DIRECTOR (FR 7/1/24) | 2 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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