OUTPATIENT MEDICAL CLINICS FOR THE PROMOTION OF HEALTH FOR THE BENEFIT OF THE COMMUNITY AND AS A SUPPORTING ORGANIZATION EXCLUSIVELY FOR THE BENEFIT OF WAKE FOREST UNIVERSITY AND WAKE FOREST UNIVERSITY HEALTH SCIENCES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$345.5M
+5.4% YoY
Revenue
$106.7M
+3.4% YoY
Net Investment Income
$156K
Expenses
$88.2M
+1.3% 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 $345.5M in total assets. Net investment income was $156K.
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 | $345,543,931 | $327,748,648 | $311,898,547 |
| Revenue | $106,748,590 | $103,242,222 | $106,760,501 |
| Expenses | $88,185,647 | $87,062,249 | $87,243,085 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $156,341 | — | — |
| 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 0 recipients in 2024
Grant Size Distribution
6 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 |
|---|---|---|---|
| JULIE ANN FREISCHLAG MD | CHAIR & PRESIDENT | 0.5 | — |
| KEVIN P HIGH MD | DIRECTOR | 1 | — |
| TERRY G WILLIAMS | DIRECTOR | 5 | $2,204,442 |
| TERRY L HALES JR | DIRECTOR & ASST TREASURER | 0.5 | — |
| DAVID ZAAS MD | DIRECTOR | 5 | — |
| STEPHAN L LILLIE | TREASURER | 5 | $666,639 |
| RUSSELL M HOWERTON MD | FORMER DIRECTOR | — | — |
| BRADLEY A CLARK | FORMER OFFICER | — | $2,513,703 |
| J REID MORGAN | FORMER OFFICER (6/30/23) | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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