Wake Forest University
Wake Forest University, a 501(c)(3) institution of higher education, is dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education. The organization is comprised of seven constituent parts: Wake Forest College; the Graduate School of Arts and Sciences; the School of Law; the School of Medicine; the School of Business; the School of Divinity; and the School of Professional Studies. It seeks to honor the ideals of liberal learning, which entail commitment to transmission of cultural heritages; teaching the modes of learning in the basic disciplines of human knowledge; developing critical appreciation of moral, aesthetic and religious values; advancing the frontiers of knowledge through in-depth study and research; and applying knowledge in the service of humanity.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.8B
+5.6% YoY
Annual Giving
$6.3M
+45.0% YoY
Grant Count
81
+62.0% YoY
Avg Grant Size
$77K
-10.5% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,804,123,401 | $2,655,159,124 | $2,572,484,456 |
| Revenue | $764,367,570 | $686,860,190 | $715,438,504 |
| Expenses | $705,687,576 | $654,792,741 | $627,965,784 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $68,875,714 | $48,365,539 | $61,644,679 |
| 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 10 recipients in 2024
Grant Size Distribution
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Wake Forest University fund?
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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 |
|---|---|---|---|
| Matthew A King | Board Chair | 15 | — |
| Jeanne Whitman Bobbitt | Board Vice Chair | 6 | — |
| Curtis C Farmer | Board Vice Chair | 6 | — |
| Alexander Acquavella | Trustee | 3 | — |
| Lynn C Baranski | Trustee | 3 | — |
| Shelmer D Blackburn Jr | Comm Vice Chair | 4 | — |
| Peter C Brockway | Trustee | 5 | — |
| Thomas W Bunn | Comm Vice Chair | 4 | — |
| Bobby R Burchfield | Committee Chair | 6 | — |
| Jocelyn Burton | Committee Chair | 6 | — |
| David F Couch | Trustee | 3 | — |
| Matthew Starbuck Crawford | Trustee | 3 | — |
| William Rittenhouse Culbreth Jr | Trustee | 3 | — |
| H Lawrence Culp Jr | Trustee | 3 | — |
| Jermyn M Davis | Trustee | 5 | — |
| James E Dixon | Trustee | 3 | — |
| Serena Fisher Dugan | Trustee | 3 | — |
| David W Dupree | Trustee | 4 | — |
| The Honorable Donna F Edwards | Trustee | 5 | — |
| Frederick W Eubank II | Trustee | 5 | — |
| Lisbeth Clark Evans | Trustee | 3 | — |
| Mary R Farrell | Committee Chair | 5 | — |
| Helen Hough Feinberg | Trustee | 3 | — |
| Donald E Flow | Comm Vice Chair | 4 | — |
| Anil Rai Gupta | Trustee | 3 | — |
| Julie Ann Mullen Hartman | Trustee | 3 | — |
| Marybeth Torbet Hays | Comm Vice Chair | 5 | — |
| Frank B Holding Jr | Committee Chair | 5 | — |
| A Dale Jenkins | Committee Chair | 4 | — |
| Aubrey L Martin | Trustee | 3 | — |
| John M McAvoy | Comm Vice Chair | 6 | — |
| Robert J McCreary | Comm Vice Chair | 3 | — |
| Jane McGraw | Committee Chair | 4 | — |
| James M O'Connell | Trustee | 3 | — |
| Ogden Phipps II | Trustee | 3 | — |
| Rev Dr Prince R Rivers | Trustee | 3 | — |
| Gerald F Roach | Trustee | 5 | — |
| Jorge Rodriguez | Trustee | 3 | — |
| Mit B Shah | Committee Chair | 6 | — |
| Hannah VanderWeide Shue | Trustee | 3 | — |
| Michael C Smith | Committee Chair | 5 | — |
| Janice K Story | Trustee | 5 | — |
| Ben C Sutton Jr | Comm Vice Chair | 5 | — |
| Matthew B Teller | Trustee | 3 | — |
| Cathy Wall Thomas MD | Trustee | 3 | — |
| Shannan Spence Townsend | Comm Vice Chair | 5 | — |
| John M Vann | Trustee | 3 | — |
| David I Wahrhaftig | Committee Chair | 6 | — |
| Eric C Wiseman | Comm Vice Chair | 5 | — |
| Susan R Wente PhD | President & Trustee | 29.3 | $1,473,696 |
| Julie A Freischlag MD | EVP Health Aff. | 2 | — |
| J Reid Morgan | S.VP, Sec, G.C. | 19.7 | $690,571 |
| Anita M Conrad | Asst Secretary | 21 | $218,902 |
| Michele Gillespie PhD | Provost | 40 | $741,870 |
| Jacqueline A Travisano EdD | EVP, CFO, Treas | 36.5 | $664,838 |
| Brian A White | VP, Corp. Sec, G.C. | 19.7 | $386,863 |
| John A Currie | Director of Athletics | 40 | $1,146,384 |
| Anthony P Marsh PhD | Interim Dean, Wake Forest College | 40 | $353,215 |
| Jackie Krasas PhD | Dean, Wake Forest College | 40 | $289,703 |
| Annette Ranft PhD | Dean, School of Business | 40 | $550,168 |
| David P Clawson | Football Coach | 40 | $4,774,547 |
| Warren D Ruggiero | F'ball Offensive Coordinat | 40 | $1,067,221 |
| Brad Lambert | F'ball Defensive Coordinat | 40 | $900,717 |
| Steve Forbes | Men's BktBall Co | 40 | $2,281,576 |
| Tom Walter | Baseball Coach | 40 | $915,597 |
| Rogan Kersh PhD | Former Provost | 40 | $515,937 |
| B Hofler Milam | Former EVP, CFO, Treas | 40 | $1,041,654 |
| Charles L Iacovou PhD | Dean, School of Profession | 40 | $539,320 |
| Mark A Petersen | SVP - Advancement | 40 | $1,012,992 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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