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 2024.
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
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 $345.5M in total assets as of 2024.
How large is Wake Forest University Health Sciences?
As of 2024, Wake Forest University Health Sciences holds $345.5M in total assets with $106.7M in annual revenue.
Where does Wake Forest University Health Sciences operate?
Wake Forest University Health Sciences has awarded grants in Maryland, North Carolina.
What is Wake Forest University Health Sciences's EIN?
Wake Forest University Health Sciences's EIN (Employer Identification Number) is 90-0222618. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Wake Forest University Health Sciences's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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