THE MISSION OF WAKEMED IS TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0B
+5.6% YoY
Annual Giving
$2.1M
+5.3% YoY
Grant Count
24
+4.3% YoY
Avg Grant Size
$89K
+0.9% YoY
About WakeMed
Based on IRS filings
WakeMed is a nonprofit organization focused on Health, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0B in total assets. In 2024, it awarded 24 grants totaling $2.1M. Net investment income was $23.1M.
Focus Areas
Ready to take the next step with WakeMed?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,971,085,645 | $1,866,139,975 | $1,739,298,787 |
| Revenue | $2,298,360,002 | $2,067,993,368 | $1,905,941,318 |
| Expenses | $2,286,777,227 | $2,092,838,776 | $1,907,775,364 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,071,238 | $16,892,187 | $130,844,534 |
| 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
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wake County Human Services ($858,033), Alliance Medical Ministry ($377,000), Wake County Medical Society Right Care ($350,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HEALING TRANSITIONS INTL INC RALEIGH, NC | GENERAL SUPPORT | $127,500 |
| CAPITAL AREA SOCCER LEAGUE RALEIGH, NC | GENERAL SUPPORT | $61,750 |
| WAKEMED FOUNDATION RALEIGH, NC | GENERAL SUPPORT | $38,625 |
| INTERACT RALEIGH, NC | GENERAL SUPPORT | $30,000 |
| ALLIANCE MEDICAL MINISTRY RALEIGH, NC | GENERAL SUPPORT | $25,000 |
| MARBLES KIDS MUSEUM RALEIGH, NC | GENERAL SUPPORT | $25,000 |
| CASA RALEIGH, NC | GENERAL SUPPORT | $25,000 |
| NCIAP PEOPLE'S MEDICAL CARE APEX, NC | GENERAL SUPPORT | $14,200 |
| URBAN MINISTRIES OF WAKE RALEIGH, NC | GENERAL SUPPORT | $12,260 |
| AMERICAN HEART ASSOCIATION INC DESMOINES, IA | GENERAL SUPPORT | $11,072 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Blount Williams | Board Member | 2.1 | — |
| Christina A Shanahan | Board Member | 1.8 | — |
| Dan Blue III | Board Member | 2.1 | — |
| Henry L Darnell | Board Member (Until 5/25/24) | 2.3 | — |
| James Anthony Penry | Board Member | 1.8 | — |
| Keemia Shaw | Board Member | 1.4 | — |
| Larry Barbour | Board Member (until 5/25/24) | 2.5 | — |
| Laura Helton MD | Board Member | 1.8 | — |
| Margaret Bratton | Vice Chair | 2.1 | — |
| Mary Nash Rusher | Secretary | 2.1 | — |
| Michael Painter | Board Member | 1.8 | — |
| Peter M Scott III | Board Member | 1.4 | — |
| Robert C Rice Jr | Board Member | 2.1 | — |
| Satish Garimella | Board Member | 1.6 | — |
| Sonia Barnes | Board Member | 1.8 | — |
| Thad L McDonald MD | Chair | 3.2 | — |
| David Nussman | VP, Compliance and Privacy - Interim (From 12/3/23) | 55 | $135,983 |
| Dionne Whitaker | Officer - Secretary | 50 | $84,763 |
| Donald Gintzig | President & CEO | 80 | $1,881,664 |
| Stephanie Sessoms | EVP & Chief Financial Officer | 65 | $354,686 |
| Theodore Lotchin | VP & Chief Compliance & Privacy Officer (Until 2/24) | 60 | $352,999 |
| Thomas Gough | EVP & Chief Operating Officer | 60 | $665,364 |
| Carolyn Knaup | SVP - Strategic Ventures & Ambulatory Operations | 55 | $404,239 |
| Charles Harr | Chief Medical Officer, Raleigh | 60 | $452,133 |
| Christine Craig | VP, Governmental Affairs | 60 | $312,198 |
| Cynthia Alness-Boily | SVP - Operations & CNO | 60 | $434,516 |
| Debra Laughery | VP, Marketing and Communications | 60 | $341,675 |
| Gayla Harvey | VP, Payor Strategy & Managed Care Contracting | 48 | $325,256 |
| Jeff Neisen | VP, Revenue Cycle | 70 | $329,110 |
| Jeronica Goodwin | SVP, Human Resources | 60 | $348,755 |
| John Perry | VP, Medical Information | 60 | $393,549 |
| Karen Bash | Chief Medical Officer, North | 55 | $382,508 |
| Karen Chilton MD | SVP & Chief Quality Officer | 50 | $405,466 |
| Micah Krempasky | Chief Medical Officer, Mental Health & Well-Being | 60 | $354,244 |
| Peter Marks | VP & Chief Information Officer | 55 | $427,229 |
| Rebecca Andrews | SVP & Administrator Raleigh | 70 | $516,310 |
| Rick Shrum | VP & Chief Strategy Officer | 55 | $388,475 |
| Seth Brody | EVP, Physician Services | 60 | $643,534 |
| Susan James | VP & Chief Legal Officer (Until 12/1/23) | 65 | $429,287 |
| Thomas Cavender | VP, Facilities & Construction | 60 | $370,225 |
| Thomas Hughes | SVP & Administrator Cary | 57 | $333,070 |
| Valerie Barlow | SVP & Administrator North | 60 | $357,180 |
| ashish Patel | Physician | 60 | $1,538,517 |
| bryon boulton | Physician | 62 | $1,449,918 |
| gurvinder deol | Physician | 60 | $1,313,264 |
| judson williams | Physician | 80 | $1,301,145 |
| mark graham | Physician | 60 | $1,352,763 |
| Roylyn Johnson | Former Secretary (Until 2/7/23) | — | $121,785 |
| Shondra Brink | Former VP, WakeMed Physician Practices (until 6/3/23) | — | $155,426 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is WakeMed?
WakeMed is a nonprofit organization focused on Health, based in RALEIGH, NC. It holds $2.0B in total assets as of 2024.
How large is WakeMed?
As of 2024, WakeMed holds $2.0B in total assets with $2.3B in annual revenue. It awarded 24 grants totaling $2.1M in 2024.
Where does WakeMed operate?
WakeMed has awarded grants in Georgia, Iowa, North Carolina, Tennessee, Texas, Virginia.
What size grants does WakeMed award?
In 2024, WakeMed awarded 24 grants totaling $2.1M — an average of about $89K per grant, based on its IRS Form 990 filings.
What is WakeMed's EIN?
WakeMed's EIN (Employer Identification Number) is 56-6017737. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in WakeMed's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Hillbrook Gkp Iii Foundation Inc
GREENSBORO, NC
Assets
$32K
Grants
1
Total Given
$2K
Rotary Club of Salisbury Charities
SALISBURY, NC
Assets
$39K
Grants
1
Total Given
$50K
Ihope Foundation
GREENSBORO, NC
Assets
$10K
Grants
1
Total Given
$20K
Flow Foundation Inc
WINSTONSALEM, NC
Assets
$395K
Grants
53
Total Given
$1.5M
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
18
Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with WakeMed on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching WakeMed to a real strategy.