Public Charity

WAKE FOREST UNIVERSITY DEVELOPMENT FOUNDATION

WAKE FOREST UNIVERSITY DEVELOPMENT FOUNDATION is a Public Charity headquartered in WINSTONSALEM, NC. Financial data from the 2024 filing: $-14K revenue, $125K expenses, $77K total assets. 6 publicly reported grants to this organization, totaling roughly $81K, appear in IRS filings.

EIN: 562038194 WINSTONSALEM, NC Latest filing: 2024
Total Revenue$-14K
Total Expenses$125K
Total Assets$77K
Grant Records6
Funding Total$81K
Filing Years2020–2024

Mission

The organization operates as a supporting organization exclusively for the benefit of Wake Forest University ("WFU"), Wake Forest University Health Sciences ("WFUHS"), and Reynolda House, Inc. ("RH"), each of which supported organizations are 501 (c)(3) organizations. The organization's purposes include: (1) serving as the recipient of properties contributed to the supported organizations to be held temporarily; (2) managing short-term contributed properties; (3) determining whether and when prospective contributions of real or personal property should be accepted, retained, liquidated or transferred; (4) obtaining, acquiring, receiving, constructing, erecting or improving properties to which the organization holds title; holding, retaining, leasing, managing, selling, disposing of, or assigning the income from and/or rights in or to real and personal property; and (5) establishing subsidiary organizations or entities.

Officers & Directors

Assistant Secretary-retired 10/31/23) Anita M Conrad
Trustee Aubrey L Martin
Trustee David I Wahrhaftig
Trustee Frank B Holding Jr
Trustee Frederick W Eubank Ii
Vice President Jacqueline A Travisano Edd

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR GENERAL SUPPORT
$45,000 2 grants
FOR GENERAL SUPPORT.
$29,000 3 grants
EDUCATION
$7,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $-14K $125K $77K
2023 $8K $216K
2022 $-338K $178K $223K
2021 $-10K $63K $246K
2020 $-73K $18K $310K

Between 2020 and 2024, reported annual revenue moved from $-73K to $-14K, with total assets most recently reported at $77K.

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

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