Public Charity

WAKE FOREST UNIVERSITY

WAKE FOREST UNIVERSITY is a nonprofit organization categorized as Public Charity based in WINSTONSALEM, NC. Its most recent IRS filing (2025) reports revenue of $843.2M, expenses of $786.3M, total assets of $3.0B. Imperigo tracks 680 reported grant relationships connected to this organization totaling approximately $533.7M.

EIN: 560532138 WINSTONSALEM, NC Universities NTEE: B43 Latest filing: 2025
Total Revenue$843.2M
Total Expenses$786.3M
Total Assets$3.0B
Grant Records680
Funding Total$533.7M
Filing Years2021–2025

Mission

Wake Forest University, a 501(c)(3) institution of higher education, is dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education. The organization is comprised of seven constituent parts: Wake Forest College; the Graduate School of Arts and Sciences; the School of Law; the School of Medicine; the School of Business; the School of Divinity; and the School of Professional Studies. It seeks to honor the ideals of liberal learning, which entail commitment to transmission of cultural heritages; teaching the modes of learning in the basic disciplines of human knowledge; developing critical appreciation of moral, aesthetic and religious values; advancing the frontiers of knowledge through in-depth study and research; and applying knowledge in the service of humanity.

Where $100 goes at Wake Forest University

How Wake Forest University divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$11 Management running the organization
$4 Fundraising raising the next dollar

Inside the $85 for programs

$55
Founded in 1834, Wake Forest University is a private, coeducational collegiate university based in Winston-Salem, North Carolina
65% of program spending · Reported in the filing: 2,563 students; 50 students; 3,600 graduates
$14
Residence Halls & Dining:In the interest of building community, Wake Forest requires all undergraduates to live on campus for at least three years
16% of program spending · Reported in the filing: 18 teams; 30 schools
$9
Campus Life:Wake Forest is committed to putting the spirit of its motto, Pro Humanitate, in action
11% of program spending · Reported in the filing: 200 organizations; 14 students; 700 students

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Committee Chair A Dale Jenkins
Trustee Alexander Acquavella
Trustee Anil Rai Gupta
Dean, School of Business Annette Ranft Phd
Senior Associate Dean, Wake Forest College Anthony P Marsh Phd
Trustee Aubrey L Martin

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$448,690,844 327 grants
Education
$49,286,767 192 grants
Research & Policy
$15,279,827 68 grants
Health & Medicine
$4,782,361 10 grants
Fundraising & Sponsorship
$569,722 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $843.2M $786.3M $3.0B
2024 $764.4M $705.7M $2.8B
2023 $686.9M $654.8M $2.7B
2022 $715.4M $628.0M $2.6B
2021 $681.7M $585.2M $2.6B

Between 2021 and 2025, reported annual revenue grew from $681.7M to $843.2M (+24%), with total assets most recently reported at $3.0B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WAKE FOREST UNIVERSITY

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