Wakemed Group Return

RALEIGH, NC EIN: 90-0893457 Website

TO MAINTAIN AND OPERATE PROPERTIES, AID AND PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF WAKEMED'S EDUCATION AND SCIENTIFIC PROGRAMS, AND TO TRANSFORM HEALTHCARE THROUGH PHILANTHROPY BY RAISING FRIENDS, FUNDS, AND FUTURE LEADERS FOR WAKEMED.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$481.0M

+17.6% YoY

Annual Giving

$333K

-54.0% YoY

Grant Count

3

-66.7% YoY

Avg Grant Size

$111K

+38.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14M$29M$43M$57M20202021202220232024
Metric202420232022
Total Assets$481,033,732$408,937,900$412,467,377
Revenue$44,594,904$32,481,397$32,094,659
Expenses$51,954,129$40,871,945$39,641,163
Qualifying Distributions
Net Investment Income$2,065,450$1,826,147$2,696,907
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$181K$362K$543K$724K5 grants20204 grants20214 grants20229 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

WAKEMED$270KSAFE CHILD$50KWAKE EMERGENCY PHYSICIAN…$13K

Grant Size Distribution

25 grants across all recorded years

11<$50K8$50–100K3$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Wakemed Group Return fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Aba ForsonBOD, WakeMed Foundation (until 12/31/23)0.5
Anna Goodmon MDBOD, WakeMed Foundation0.5
Blount WilliamsBOD, WakeMed Property Services2.1
Brian ReidBOD, WakeMed Foundation0.5
Chris WrenchBOD, WakeMed Foundation0.5
Christina A ShanahanBOD, WakeMed Property Services1.8
Creighton BlackwellBOD, WakeMed Foundation (until 12/31/25)0.5
Dan Blue IIIBOD, WakeMed Property Services2.1
Dana GreenBOD, WakeMed Foundation0.5
Denny FingersBOD, WakeMed Foundation (until 12/31/23)0.5
Elizabeth WilliamsonBOD, WakeMed Foundation0.5
Gavin ShawSecretary, BOD, WakeMed Foundation0.5
Gloria BeckerVice Chair, BOD, WakeMed Foundation0.5
Greg McNamaraBOD, WakeMed Foundation0.5
Henry L DarnellBOD, WakeMed Property Services (Until 5/25/24)2.3
James Anthony PenryBOD, WakeMed Property Services1.8
Jane D EvansBOD, WakeMed Foundation (Until 12/31/23), Chair0.5
Jeff EdwardsBOD, WakeMed Foundation0.5
Jenneth MitchellTreasurer, BOD, WakeMed Foundation0.5
Jenny WinstonBOD, WakeMed Foundation0.5
John Matthews Secretary Ret 122023BOD, WakeMed Foundation0.5
John Sinden MDBOD, WakeMed Foundation0.5
Joy SloanBOD, WakeMed Foundation0.5
Jun ParkBOD, WakeMed Foundation0.5
Karen Chilton MDBOD, WM Fnd (From 1/24) SVP & Chief Quality Officer0.5
Katie McKenzieBOD, WakeMed Foundation (From 1/1/24)0.5
Keemia ShawBOD, WakeMed Property Services1.4
Kevin McLaughlinBOD, WakeMed Foundation (Until 12/31/23)0.5
Larry BarbourBOD, WakeMed Property Services (until 5/25/24)2.5
Larry Long JrBOD, WakeMed Foundation0.5
Laura Helton MDBOD, WakeMed Property Services1.8
Margaret BrattonBOD, WM Fnd (until 12/23) BOD, WPS2.1
Mary Nash RusherBOD, WakeMed Property Srvcs & Secretary2.1
Michael Ferguson MDBOD, WakeMed Foundation0.5
Michael PainterBOD, WakeMed Property Services & BOD, WakeMed Foundation1.8
Peter M Scott IIIBOD, WakeMed Property Services1.4
R Michael GrayBOD, WakeMed Foundation0.5
Rasheeda Monroe MDBOD, WakeMed Foundation0.5
Robert AngeBOD, WakeMed Foundation0.5
Robert C Rice JrBOD, WakeMed Property Services2.1
Satish GarimellaBOD, WakeMed Property Services1.6
Satish Mathan MDChair, BOD, WakeMed Foundation0.5
Seth BrodyBOD, WakeMed Fdn (Until 12/31/23), EVP, Physician Srvcs0.5
Sonia BarnesBOD, WakeMed Property Services1.8
Thad L McDonald MDBOD, WakeMed Property Services & Chair3.2
David NussmanVP, Compliance and Privacy - Interim (Start 12/3/23)
Dionne WhitakerOfficer - Secretary
Donald GintzigPresident & CEO
Stephanie SessomsEVP & Chief Financial Officer
Theodore LotchinVP & Chief Compliance & Privacy Officer (Until 2/24)
Thomas GoughEVP & Chief Operating Officer
Carolyn KnaupSVP - Strategic Ventures & Ambulatory Operations
Charles HarrChief Medical Officer, Raleigh
Christine CraigVP, Governmental Affairs
Cynthia Alness-BoilySVP - Operations & CNO
Debra LaugheryVP, Marketing and Communications
Doug TrocinskiCMO, Cary Administration
Gayla HarveyVP, Payor Strategy & Managed Care Contracting
Jeff NeisenVP, Revenue Cycle
Jeronica GoodwinSVP, Human Resources
John PerryVP, Medical Information
Karen BashChief Medical Officer, North
Micah KrempaskyChief Medical Officer, Mental Health & Well-Being
Peter MarksVP & Chief Information Officer
Rebecca AndrewsSVP & Administrator Raleigh
Rick ShrumVP & Chief Strategy Officer
Susan JamesVP & Chief Legal Officer (Until 12/1/23)
Thomas CavenderVP, Facilities & Construction
Thomas HughesSVP & Administrator Cary
Valerie BarlowSVP & Administrator North
Waquiah EllisVP, Nursing
ashish PatelPhysician
bryon boultonPhysician
gurvinder deolPhysician
judson williamsPhysician
mark grahamPhysician
Roylyn JohnsonFormer Secretary (Until 2/7/23)
Shondra BrinkFormer VP, WakeMed Physician Practices (until 6/3/23)

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

CaryDurhamPrincetonRaleigh

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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