From public IRS filings
WAKE FOREST UNIVERSITY
WINSTONSALEM, NC · Education
Mission
Wake Forest University is an institution of higher education dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education. It operates Wake Forest College, a graduate school of arts and sciences, a school of professional studies, and four professional schools.
Financials (IRS Form 990)
Total revenue
$686.9M
Total expenses
$654.8M
Total assets
$2.7B
Program expense ratio
86%
Source: IRS Form 990, tax year 2022.
Who funds WAKE FOREST UNIVERSITY
$403.6M in foundation grants on record from 437 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Atlantic Coast Conference | $169.7M | 4 |
| Lilly Endowment | $78.3M | 4 |
| Fidelity Investments Charitable Gift Fund | $49.8M | 4 |
| Donor Advised Charitable Giving | $11.6M | 4 |
| Z Smith Reynolds Foundation | $9.1M | 9 |
| Robert D and Patricia E Kern Family Foundation | $4.6M | 3 |
| Chicago Community Trust | $4.1M | 4 |
| Wake Forest University Health Sciences | $4M | 2 |
| Vanderbilt University Medical Center | $3.8M | 4 |
| National Philanthropic Trust | $3.6M | 4 |
Leadership
Susan R Wente PhD — EVP/CFO/Treasurer (Principal officer)
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