WAKE FOREST UNIVERSITY HEALTH SCIENCES

WINSTONSALEM, NC, 27157-0001 (336) 716-4445 Est. 2001 EIN 22-3849199
B50 - Graduate & Professional Schools 990 - Public charity return 501(c)(3)
wakehealth.edu

Mission

SEE SCHEDULE O FOR CONTINUATIONWAKE FOREST UNIVERSITY HEALTH SCIENCES (AT TIMES ALSO REFERRED TO AS "WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE", "WFUHS OR "THE FILING ORGANIZATION") IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST (AT TIMES ALSO REFERRED TO AS "AHWFB"), A PREEMINENT LEARNING HEALTH SYSTEM AND ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION, EXCELLENCE AND INNOVATION. AHWFB'S MISSION IS TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING - FOR ALL AND ITS VISION IS TO BE THE FIRST AND BEST CHOICE FOR CARE.

Giving Portfolio

Total Grants
63
Total Giving
$8.6M
Recipients
63
Years Active
2017 - 2024
Avg grant: $133,180 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20247$301K $43K25
20238$2.5M $318K35
202210$2.3M $229K46
20207$558K $80K43
201912$502K $42K102
20188$132K $17K35
201711$2.3M $205K110

Sectors Funded

Diseases & Disorders
10
Education
8
Human Services
7
Health Care
7
Community Improvement
6
Medical Research
3
Food, Agriculture & Nutrition
3
Science & Technology
1
and 3 more sectors

Top States

North Carolina
55
Maryland
3
District of Columbia
1
Wisconsin
1
Illinois
1
Massachusetts
1
Pennsylvania
1

Grantee Size Profile

$10M - $50M
15
$1M - $5M
13
Over $50M
13
$500K - $1M
6
$100K - $500K
5
$5M - $10M
3

Top Grantees

Page 1 of 3
$4.0M
NC - 2 grants
$434K
$200K
NC - 3 grants
$159K
$150K
WILKES COUNTY HEALTH DEPARTMENT
NC
$140K
$80K

Grants Awarded · 56 grants

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Financials

Total Revenue
$1,713,703,683
Total Expenses
$1,611,375,512
Net Assets
$1,021,112,831
2,107 employees 521 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 4.3%
Expenses ↑ 4.9%
Revenue Sources
Contributions 23.5% Earned revenue 71.5% Investment 4.7%
Expense Breakdown
Program 95.4% Management 4.4% Fundraising 0.1%

Officers & Trustees (35)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$1,713,703,683 ↑$1,611,375,512$1,021,112,831
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$1,642,738,661 ↑$1,535,945,189$983,731,950
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$1,216,917,552 ↓$1,358,890,515$830,287,817
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$1,345,440,206 ↑$1,193,111,372$930,923,081
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,070,156,873 ↑$1,105,965,785$554,266,555
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$1,047,919,534 ↑$1,075,819,896$564,167,504
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$960,431,388 $975,971,480$562,114,686

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EIN: 22-3849199 · Source: IRS Form 990 e-file data