Overview

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Est.

1834

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Wake Forest University is a higher education institution in North Carolina focused on excellence in the liberal arts and in graduate and professional education, operating Wake Forest College, a graduate school of arts and sciences, a school of professional studies, and four professional schools. Its 2025 operating budget was $624.7M and total revenue was $843.2M; among its listed funders are ATLANTIC COAST CONFERENCE, LILLY ENDOWMENT INC, and Z SMITH REYNOLDS FOUNDATION INC, with the largest listed contribution from Atlantic Coast Conference at $387M (2025).

Mission Statement

Wake Forest University is an institution of higher education dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education. It operates Wake Forest College, a graduate school of arts and sciences, a school of professional studies, and four professional schools.
Revenues
$764.4M
Expenses
$705.7M
Net Income:
+$58.7M
Assets
$2.8B
Liabilities
$816.6M
Net Assets:
+$2B
Operating Budget
$556.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
285
Median grant size
$15K
Largest grant received
$43.1M
S
Susan R Wente PhD
Board Member
H
H Lawrence Culp Jr
Board Member
D
Donald E Flow
Board Member
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  • 669 funders
  • 155 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is WAKE FOREST UNIVERSITY’s budget?
In 2024, WAKE FOREST UNIVERSITY reported an annual operating budget of around $556.9 million. More detailed financial information is available to registered users.
What causes does WAKE FOREST UNIVERSITY support?
WAKE FOREST UNIVERSITY supports work in University education.
Where does WAKE FOREST UNIVERSITY operate?
WAKE FOREST UNIVERSITY is headquartered in WINSTONSALEM, NC.
Who funded WAKE FOREST UNIVERSITY recently?
In 2025, WAKE FOREST UNIVERSITY received grants from DELOITTE FOUNDATION, CORPORATION FOR PUBLIC BROADCASTING, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant WAKE FOREST UNIVERSITY received in 2024?
The largest grant to WAKE FOREST UNIVERSITY in 2024 exceeds $43.1 million.
What is WAKE FOREST UNIVERSITY’s reliance on government grants?
WAKE FOREST UNIVERSITY relied on government grants for less than 5% of their total revenue in 2024.