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Medical Foundation of WAKE Forest University Health Sciences and The

Public charity
DBA: % WACHOVIA BANK & TRUST COMPANY
Other · WINSTONSALEM, NC · EIN 56-6036688

About

To aid and promote, by financial assistance and otherwise, ALL types of education, service and research in the fields of preventive and curative medicine; the scientific development and general improvement of WAKE forest university health sciences ("wfuhs") and north carolina baptist hospital ("NCBH"); to enlarge and improve the facilities of wfuhs and NCBH; to render aid and assistance to wfuhs and NCBH by promotion of medical science and medical knowledge, publication and distribution of literature in furtherence of such purposes; and to aid/assist wfuhs and NCBH in education and training of physicians, nurses, technicians and scientists such that wfuhs and NCBH quality of training and service shall be steadily improved.

In care of Wachovia Bank & Trust Company

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
3

Financial Snapshot

FY ending 2022-12-31
Revenue
$12K
Expenses
$0
Assets
$12.2M
Liabilities
$60K

Financial history

$937K$468K$0
16171819202122
RevenueExpenses
Latest FY2022: $12K · Peak FY2017: $937K · Avg: $262K
MEDICAL FOUNDATION OF WAKE FOREST UNIVERSITY HEALTH SCIENCES AND THE
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Address

Medical Center Boulevard
Winstonsalem, NC, 27157-000

Governance

Voting board members2
Independent members0
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %100.0%
Endowment held by related orgYes
Public records
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