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WAKE Forest University Foundation

Public charity990-T FY2023
Other · WINSTON SALEM, NC · EIN 56-2038193

About

The organization operates as a supporting organization exclusively for the benefit of Wake Forest University ("WFU"). Its objectives include: (1) serving as a holding and management company for long-term properties and endowments; (2) managing planned-giving properties and programs; (3) assisting in WFU development; (4) obtaining, acquiring, receiving, constructing, erecting or otherwise providing real and personal property; improving properties to which the organization holds title; and holding, retaining, leasing, licensing, renting, managing, investing, reinvesting, selling, or otherwise disposing of or assigning the income from and/or rights in or to real and personal property; and (5) establishing subsidiary organizations or entities.

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
12

Financial Snapshot

FY ending 2023-06-30
Revenue
$165K
Expenses
$259K
Assets
$7.5M
Liabilities
$2.5M

Financial history

$413K$207K$0
1617181920212223
RevenueExpenses
Latest FY2023: $165K · Avg: $49K
WAKE FOREST UNIVERSITY FOUNDATION
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Address

1834 WAKE Forest RD Unit 7201
Winston Salem, NC, 27109-604

Governance

Voting board members12
Independent members12
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
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.