| BRF-A1A LLC | Disregarded entity | Real estate holding company | NC | 203073357 |
| WFIQ Holdings LLC | Disregarded entity | Real estate holding company | NC | 050549344 |
| SEED Stage Associates LLC | Disregarded entity | Technology transfer & licensing of intellectual property | NC | 651198831 |
| BRF DECK 1 LLC | Disregarded entity | Real estate holding company | NC | 861123819 |
| BRF-A1 LLC | Disregarded entity | Real estate holding company | NC | 861123822 |
| WFIQ Holdings II LLC | Disregarded entity | Real estate holding company | NC | 271917927 |
| WFIQ Holdings III LLC | Disregarded entity | Real estate holding company | NC | 271918085 |
| Park IMP 1 LLC | Disregarded entity | Real estate holding company | NC | 272070963 |
| WAKE Forest University Baptist Medical Center | Related tax-exempt org | Facilitate the carrying out of the functions and purposes of wfuhs & NCBH | NC | 510190238 |
| WAKE Forest University Health Sciences Group Return | Related tax-exempt org | Healthcare | NC | 900222618 |
| WAKE Forest Emergency Providers | Related tax-exempt org | Healthcare | NC | 561903275 |
| Childress Institute for Pediatric Trauma | Related tax-exempt org | Healthcare research | NC | 463674691 |
| Regenmed Development Organization | Related tax-exempt org | Healthcare research | NC | 202710571 |
| WAKE Forest University Development Foundation | Related tax-exempt org | Management/sale of charitable real property gifts | NC | 562038194 |
| Reynolda House INC | Related tax-exempt org | Museum of american art | NC | 560810676 |
| WAKE Forest University Foundation | Related tax-exempt org | Real estate holding and management | NC | 562038193 |
| Innovation Quarter | Related tax-exempt org | Research park development | NC | 061818498 |
| WAKE Forest Innovation Quarter Development CO | Related tax-exempt org | Research park development | NC | 562094067 |
| WAKE Forest Innovation Quarter CDC | Related tax-exempt org | Research park development | NC | 200177581 |
| Medical Foundation of Wfuhs & NCBH | Related tax-exempt org | Supporting organization | NC | 566036688 |
| WAKE Forest University | Related tax-exempt org | University | NC | 560532138 |
| Advocate Health INC | Related tax-exempt org | Healthcare | NC | 884157429 |
| Verger Fund II LLC | Related partnership | Investment | NC | 352514227 |
| Verger Capital Fund LLC | Related partnership | Investment | NC | 464027021 |
| Verger Capital Management LLC | Related partnership | Investment | NC | 464037343 |