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.
Key facts about Wake Forest University Health Sciences
- EIN
- 22-3849199
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $301,400
- Grants made (2024)
- 7
- Average grant
- $43,057
- Median grant
- $30,257
- Total assets
- $2,186,649,419
- Primary geography
- North Carolina (98% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Wake Forest University Health Sciences funds
By grant dollars, the top recipient states for Wake Forest University Health Sciences's 7 itemized 2024 grants were North Carolina (98%). The most frequent recipient cities were Winstonsalem, NC (2 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Community Health Initiative" (6 grants).
How Wake Forest University Health Sciences gives
- Giving fell 46% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Wake Forest University Health Sciences
- How to evaluate Wake Forest University Health Sciences as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
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
About Wake Forest University Health Sciences
Based on IRS filings
Wake Forest University Health Sciences is a nonprofit organization focused on Education, based in Winstonsalem, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2B in total assets. In 2024, it awarded 7 grants totaling $301K. Net investment income was $80.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
Cities
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
Among its reported 2024 grants, the largest recipients include Wilkes County Health Department ($139,868), Piedmont Triad Partnership ($50,000), Greater High Point Food Alliance ($47,500).
| Recipient | Purpose | Amount |
|---|---|---|
| WILKES COUNTY HEALTH DEPARTMENT Wilkesboro, NC | COMMUNITY HEALTH INITIATIVE | $139,868 |
| PIEDMONT TRIAD PARTNERSHIP Greensboro, NC | COMMUNITY HEALTH INITIATIVE | $50,000 |
| GREATER HIGH POINT FOOD ALLIANCE High Point, NC | COMMUNITY HEALTH INITIATIVE | $47,500 |
| ACTION4EQUITY INC Winstonsalem, NC | COMMUNITY HEALTH INITIATIVE | $30,257 |
| LEXINGTON MEDICAL CENTER FOUNDATION INC Lexington, NC | SUPPORT | $18,275 |
| CANCER SERVICES INC Winstonsalem, NC | COMMUNITY HEALTH INITIATIVE | $10,000 |
| UROLOGY CARE FOUNDATION INC Linthicum, MD | COMMUNITY HEALTH INITIATIVE | $5,500 |
Leadership & Key People
Officers and directors from IRS filings
Wake Forest University Health Sciences is led by Julie Ann Freischlag MD, Director & CEO Ahwfb since 2023 (on filings since 2020); 11 of 35 officers listed in 2024 are compensated.
Officers on the 2024 filing
Julie Ann Freischlag MD
Director & CEO Ahwfb
Director, CEO & Dean → Director & CEO Ahwfb, 2023
On filings since 2020
15.7 hrs/week
$2.1M (2020) → $7.6M (2024)
David W. Zaas MD
President Health System
President & Health System → President Health System, 2024
On filings since 2023
20 hrs/week
$530K (2023) → $1.3M (2024)
Ruben Mesa
Srvp, Executive Director Comp Cancer & President Enterprise Cancer Serv
New on the 2024 filing
40 hrs/week
$1.6M (2024)
Anthony Atala MD
Academic Faculty Physician - Chair
Department Chair → Dept. Chair, 2022
Dept. Chair → Academic Faculty Physician - Chair, 2024
On filings since 2020
40 hrs/week
$1.1M (2020) → $1.7M (2024)
Edward H. Kincaid MD
Academic Faculty Physician - Chair
Department Chair → Dept. Chair, 2022
Dept. Chair → Academic Faculty Physician - Chair, 2024
On filings since 2020
40 hrs/week
$1.4M (2020) → $1.8M (2024)
A. Dale Jenkins
Chair
Director → Chair, 2022
On filings since 2021
2 hrs/week
No compensation reported
Brenda K. Cline
Director
On filings since 2020
2 hrs/week
No compensation reported
Curtis C. Farmer
Director
On filings since 2020
2 hrs/week
No compensation reported
Donna A. Boswell PhD
Director
On filings since 2020
2 hrs/week
No compensation reported
John M. Vann
Director
Chair of Board → Chair, 2021
Chair → Director, 2022
On filings since 2020
4 hrs/week
No compensation reported
Matthew A. King
Director
On filings since 2020
2 hrs/week
No compensation reported
Cathy Wall Thomas MD
Director
On filings since 2021
2 hrs/week
No compensation reported
Matthew Crawford
Director
On filings since 2021
2 hrs/week
No compensation reported
James M. O'Connell
Director
On filings since 2022
2 hrs/week
No compensation reported
Marybeth Torbet Hays
Director
On filings since 2022
2 hrs/week
No compensation reported
Mit B. Shah
Director
On filings since 2022
2 hrs/week
No compensation reported
Shannan Spence Townsend
Director
On filings since 2022
2 hrs/week
No compensation reported
Susan R. Wente PhD
Director & Presidet Wfu
Director & President Wfu → Director & Presidet Wfu, 2024
On filings since 2022
3 hrs/week
No compensation reported
David I. Wahrhaftig
Director
On filings since 2023
2 hrs/week
No compensation reported
Frederick W. Eubank II
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Jeanne Whitman Bobbitt
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Patricia L. Turner MD
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Shelmer D. Blackburn
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Bradley A. Clark
Executive Vice President & Treasurer
Executive Vice President, CFO & Treasurer → Executive Vice President & Treasurer, 2022
On filings since 2020
1 hr/week
$1.3M (2022) → $2.5M (2024)
David X. Zhao MD
Academic Faculty Physician - Section Chief
Department Chair → Dept. Chair, 2022
Dept. Chair → Academic Faculty Physician - Section Chief, 2024
On filings since 2020
40 hrs/week
$1M (2020) → $1.5M (2024)
Kevin P. High MD
Former Officer
President & Health System → Former Officer, 2024
On filings since 2020
$1.1M (2020) → $1.3M (2024)
Lisa M. Marshall
Vice President & Chief Phil Officer
Vice President & Ch Phil Officer → Vice President & Ch Phil of, 2023
Vice President & Ch Phil of → Vice President & Chief Phil Officer, 2024
On filings since 2020
10 hrs/week
$378K (2020) → $0 (2024)
Terry G. Williams
Former Officer
Executive Vice President & Ch Strategy Ofr → Executive Vice President & Ch Strategy Officer, 2021
Executive Vice President & Ch Strategy Officer → Former Officer, 2023
On filings since 2020
$1.7M (2022) → $2.2M (2024)
Terry L. Hales Jr.
Assistant Treasurer
On filings since 2020
35.2 hrs/week
$632K (2020) → $1.3M (2024)
L. Ebony Boulware MD
Dean & Wfu School of Medicine
Dean & Wfu Som → Dean & Wfu School of Medicine, 2024
On filings since 2023
35 hrs/week
$923K (2023) → $1.7M (2024)
Donald E. Flow
Vice Chair
Director → Vice Chair, 2021
On filings since 2020
3 hrs/week
No compensation reported
J. Reid Morgan
Former Officer
General Counsel & Secretary → Former Officer, 2024
On filings since 2020
No compensation reported
Kenneth Lennon MD
Clin Adj Faculty
On filings since 2021
40 hrs/week
No compensation reported
Stephan L. Lillie
Senior Vice President & CFO
On filings since 2022
9.7 hrs/week
No compensation reported
Brian A. White
Corporate Secretary
Secretary → Corporate Secretary, 2024
On filings since 2023
2 hrs/week
No compensation reported
Former officers (27)
- Former: Anita M. Conrad (2020–2023) — Assistant Secretary
- Former: Charles L. Branch Jr. MD (2020–2023) — Dept. Chair
- Former: Eric C. Wiseman (2020–2023) — Director
- Former: Eric Eubank (2020–2023) — Director
- Former: Gerald F. Roach (2020–2023) — Director
- Former: James R. Helvey III (2020–2023) — Director
- Former: William D. Showalter (2020–2023) — Former Officer
- Former: Pete Carlson (2022–2023) — Director
- Former: Craig Greven (2023) — Dept. Chair
- Former: Adelaide A. Sink (2020–2022) — Director
- Former: Ann S. Hanes (2020–2022) — Director
- Former: Janice K. Story (2020–2022) — Director
- Former: Karen H. Huey (2020–2022) — Former Officer
- Former: Nathan O. Hatch PhD (2020–2022) — Former Officer
- Former: L. Andrew Koman MD (2021–2022) — Dept. Chair
- Former: John D. McConnell MD (2020–2021) — Former Officer
- Former: Lilicia P. Bailey (2020–2021) — Senior Vice President & Ch Ppl Officer
- Former: Richard A. Brenner (2020–2021) — Director
- Former: Robert J. Gfeller Jr. (2020–2021) — Former Officer
- Former: H. Lawrence Culp Jr. (2021) — Director
- Former: James W. Hoekstra MD (2021) — Executive Vice President & Hlth Sys Affr
- Former: Donna F. Edwards (2020) — Director
- Former: Eric Tomlinson Dsc PhD (2020) — Former Officer
- Former: Herman E. Eure (2020) — Director
- Former: James J. Marino (2020) — Vice Chair
- Former: Michael F. Mahoney (2020) — Director
- Former: Russell M. Howerton MD (2020) — Executive Vice President & Health Sys Affairs
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wake Forest University Health Sciences?
Wake Forest University Health Sciences is a nonprofit organization focused on Education, based in Winstonsalem, NC. It holds $2.2B in total assets as of 2024.
How large is Wake Forest University Health Sciences?
As of 2024, Wake Forest University Health Sciences holds $2.2B in total assets with $1.7B in annual revenue. It awarded 7 grants totaling $301K in 2024.
Where does Wake Forest University Health Sciences operate?
Wake Forest University Health Sciences has awarded grants in District of Columbia, Illinois, Massachusetts, Maryland, North Carolina, Pennsylvania, Wisconsin.
What size grants does Wake Forest University Health Sciences award?
In 2024, Wake Forest University Health Sciences awarded 7 grants totaling $301K — an average of about $43K per grant, based on its IRS Form 990 filings.
What is Wake Forest University Health Sciences's EIN?
Wake Forest University Health Sciences's EIN (Employer Identification Number) is 22-3849199. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.