nonprofit logo

Wake Forest University

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560532138 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Wake Forest University?

Wake Forest University, founded in 1834 and located in Winston-Salem, North Carolina, is a private, coeducational collegiate institution renowned for its blend of a liberal arts college's intimacy with a research university's academic vigor. With a student population of over 8,000, Wake Forest is dedicated to an ethically informed education, emphasizing personal growth, community interaction, and individual honor. The university consists of several schools, including 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. Wake Forest is committed to personalized teaching and student development, as well as expanding its academic profile and offering programs worldwide. It has been ranked among the top 30 national universities in the U.S. for over 27 consecutive years, providing access to financial aid for approximately 53% of its students. Wake Forest's educational model, known as the Engaged Liberal Arts, emphasizes making students active participants in their learning through small class sizes and a variety of instructional methods. The university's commitment to global education is evident through its study abroad programs and partnerships, making it one of the top doctoral institutions in international study.


Official website here: www.wfu.edu

Is Wake Forest University legitimate?

Wake Forest University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake Forest University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $9,103,723
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,119,479

For more financial information, click here


Official website here: www.wfu.edu

What is the mission statement of Wake Forest University?

Wake Forest University is a higher education institution committed to the pursuit of excellence in the liberal arts and various graduate and professional programs. The organization encompasses seven distinct 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. Wake Forest University values the ideals of liberal learning, which include transmitting cultural heritages, teaching fundamental learning methods, fostering critical moral, aesthetic, and religious value appreciation, expanding knowledge through in-depth study and research, and applying knowledge to serve humanity.


Official website here: www.wfu.edu

Who is the CEO of Wake Forest University?

Susan R Wente Phd is the President & Trustee of Wake Forest University.


Official website here: www.wfu.edu

What is the revenue of Wake Forest University?

Wake Forest University's revenue in 2022 was $715,438,504.


Official website here: www.wfu.edu

Who are the executives of Wake Forest University and what are their salaries?

The average compensation at Wake Forest University during 2022 was $44,036. There are 5,546 employees and 2,200 volunteers at Wake Forest University.

Here are 66 key members and their salaries:

    Daniel R Manning (Former Men'S Bktball Co)
  • Compensation: $14,658,459
  • Related: $0
  • Other: $0

    • David P Clawson (Football Coach)
  • Compensation: $4,220,955
  • Related: $0
  • Other: $63,701

    • Julie A Freischlag Md (Evp Health Aff.)
  • Compensation: $0
  • Related: $3,375,350
  • Other: $555,809

    • B Hofler Milam (Evp, Cfo, Treas)
  • Compensation: $2,133,852
  • Related: $0
  • Other: $209,297

    • Nathan O Hatch (Former President)
  • Compensation: $1,893,057
  • Related: $0
  • Other: $67,467

    • Steve Forbes (Men'S Bktball Co)
  • Compensation: $1,601,737
  • Related: $0
  • Other: $43,689

    • J Reid Morgan (S.Vp, Sec, G.C.)
  • Compensation: $1,218,034
  • Related: $0
  • Other: $102,296

    • John A Currie (Director Of Athletics)
  • Compensation: $1,094,303
  • Related: $0
  • Other: $82,103

    • Rogan Kersh Phd (Provost)
  • Compensation: $789,819
  • Related: $0
  • Other: $159,900

    • Charles L Iacovou Phd (Dean, Business School)
  • Compensation: $809,695
  • Related: $0
  • Other: $129,375

    • Mark A Petersen (Vp - Advancement)
  • Compensation: $713,601
  • Related: $0
  • Other: $156,270

    • Warren D Ruggiero (Asst F'Ball Coach)
  • Compensation: $821,357
  • Related: $0
  • Other: $38,001

    • Susan R Wente Phd (President & Trustee)
  • Compensation: $692,191
  • Related: $0
  • Other: $156,642

    • Jane Aiken (Dean, Law School)
  • Compensation: $654,682
  • Related: $0
  • Other: $43,897

    • Michele Gillespie Phd (Dean, Wake Forest College)
  • Compensation: $542,588
  • Related: $0
  • Other: $147,652

    • Lyle Joseph Hemphill (Asst F'Ball Coach)
  • Compensation: $586,693
  • Related: $0
  • Other: $47,347

    • John D Mcconnell Md (Former Evp Health Affairs)
  • Compensation: $0
  • Related: $456,795
  • Other: $45,242

    • Ronald D Wellman (Former Director Of Athletics)
  • Compensation: $311,771
  • Related: $0
  • Other: $39,088

    • Anita M Conrad (Asst Secretary)
  • Compensation: $205,155
  • Related: $0
  • Other: $42,128

    • Matthew A King (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman E Eure (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cantey M Ergen (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana M Adams (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelmer D Blackburn Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Whitman Bobbitt (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna A Boswell (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter C Brockway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas W Bunn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby R Burchfield (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter M Carlson (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsay N Chambers (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew S Crawford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • H Lawrence Culp Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jermyn M Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Serena Fisher Dugan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Dupree (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric W Eubank Ii (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis C Farmer (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary R Farrell (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen Hough Feinberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald E Flow (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anil Rai Gupta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marybeth Torbet Hays (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Kirby Horton (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Dale Jenkins (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah D Lambert (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aubrey L Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John M Mcavoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert J Mccreary (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Mcgraw (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James M O'Connell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ogden Phipps Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary S Pinkus (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Proietti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Prince R Rivers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald F Roach (Comm Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Selverian (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mit B Shah (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael C Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice K Story (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben C Sutton Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Wall Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John M Vann (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David I Wahrhaftig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine B Wright (Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wfu.edu

    Where can I find the form 990 for Wake Forest University?

    The Wake Forest University’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wfu.edu

    Learn more at the official website: www.wfu.edu

    Mission Statement of Wake Forest University

    Wake Forest University, a renowned institution of higher education, is committed to achieving excellence in the liberal arts and in graduate and professional education. Established as a 501(c)(3) organization, this distinguished university consists of seven distinct 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.

    The mission of Wake Forest University is rooted in the ideals of liberal learning. This means that the university is dedicated to preserving cultural heritages, teaching the fundamental methods of learning in key areas of human knowledge, fostering critical appreciation for moral, aesthetic, and religious values, expanding knowledge through intensive studies and research, and ultimately, applying knowledge to serve humanity.

    Wake Forest University aspires to uphold the time-honored values of academic pursuit. Its academic programs are designed to equip students with a solid foundation in the liberal arts and provide them with the skills and knowledge needed to succeed in their chosen fields. The university's commitment to excellence extends beyond the classroom, as it encourages students to engage in intellectual discourse and explore new ideas.

    Additionally, Wake Forest University is deeply invested in the application of knowledge to make a positive impact on the world. Through its various schools and programs, the university offers students ample opportunities to apply their learning to real-world challenges and contribute to the betterment of society. By combining rigorous academics with a strong commitment to scholarship and service, Wake Forest University prepares its graduates to lead and excel in their chosen professions and make a difference in the lives of others.

    Impact

    This information is meant to be a general summary of Wake Forest University. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wake Forest University's impact can be seen in its commitment to excellence in education and its emphasis on the teacher-scholar ideal. With a focus on personalized teaching and students' individual development, Wake Forest University's teacher-scholar approach fosters academic vitality and personal growth. The institution's dedication to an ethically informed education, encapsulated in its motto "Pro Humanitate" (For Humanity), underscores its mission to cultivate a climate that values community interaction, personal growth, and individual honor.

    Furthermore, Wake Forest University's impact extends globally through its extensive study abroad programs, offering students opportunities to engage with diverse cultures and experiences around the world. By providing a holistic educational experience that combines classroom learning with real-world experiences, Wake Forest University equips its students to be active participants in their own learning and to contribute meaningfully to society.

    In addition, Wake Forest University's commitment to access and opportunity, with over half of its student population receiving financial aid awards, underscores its dedication to providing a transformative education to students from diverse backgrounds. This focus on inclusivity and excellence in education solidifies Wake Forest University's impact as a leading institution in higher education, shaping the future leaders and innovators of tomorrow.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $61,644,679
  • Program Service Revenue: $510,330,123
  • Gross Receipts: $1,221,671,044

    • Assets and Liabilities:
  • Total Assets: $2,572,484,456
  • Total Liabilities: $782,553,773
  • Net Assets: $1,789,930,683
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Tuition and Fees

    Revenue

    $410,698,237

    Athletic Programs

    Revenue

    $49,353,160

    Student Housing & Dining

    Revenue

    $42,112,737

    Student Health Services

    Revenue

    $3,966,349

    Organized Activities

    Revenue

    $2,742,287

    Organization Details

    Founding Year

    1834

    Principal Officer

    Susan R Wente Phd

    Main Address

    1834 WAKE FOREST RD BOX 7201, WINSTONSALEM, NC, 27109

    NTEE Category

    Code: B43 - Education

    If you are a representative of Wake Forest University and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.