Wake Forest University Foundation

Fiscal year ending 2024. Filed on May 15, 2025.

1834 Wake Forest Road Box 7201
Winstonsalem, North Carolina 27109

Wake Forest University Foundation (EIN: 56-2038193) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Wake Forest University Foundation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $913,707. The highest compensated employee at Wake Forest University Foundation is Susan R Wente, Ph.D. with fiscal year 2024 compensation of $1,799,376.

Revenue, expenses, and employee compensation

Revenue

$156,092

Expenses

$284,826

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

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.

Revisions to this organization profile

May 15, 2025:
2024 Wake Forest University Foundation 990 filed
May 13, 2024:
2023 Wake Forest University Foundation 990 filed
May 15, 2023:
2022 Wake Forest University Foundation 990 filed

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