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Wake Forest University

Wake Forest University

Winstonsalem, NC
Tax ID56-0532138

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About this organization

Revenue

$583,361,532

Expenses

$514,451,794

Website

wfu.edu

Mission

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, and four professional schools.

About

Instruction of approximately 8,116 students in graduate and undergraduate programs. In addition to the U.S. campus, Wake Forest maintains five student learning centers in Europe, and has numerous study abroad programs available. WFU provides opportunities for foreign students to enter degree programs at the U.S. Campus. The Center for Global Programs and Studies manages the student exchange and study abroad programs, with 789 visiting students from 35 different countries. More than 73.5% of our U.S. students travel abroad for at least one program. Scholarships are awarded to eligible students based on financial need and academic merit. 53.9% of the graduate and undergraduate student population received financial aid awards. Approximately 4,131 students received scholarships or grants from the institution during the year.

Interesting data from their 2019 990 filing

The purpose of the non-profit, as set forth in the filing, is “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 six constituent parts: wake forest college; the graduate school of arts and sciences; the school of law; the school of medicine; the school of business; and the school of divinity. 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.”.

When discussing its purpose, they were characterized as: “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, and four professional schools.”.

  • The state in which the non-profit is legally authorized to operate is NC, as reported.
  • The filing confirms that the non-profit's address in 2019 was Wake Forest PO Box 7226, WinstonSalem, NC, 27109.
  • The form of the non-profit reports 5899 employees as of 2019.
  • The non-profit has loans outstanding as of 2019.
  • Does not operate a hospital.
  • Operates a school.
  • Collects art.
  • Provides credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $68,909,738.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 42 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1834.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $250,705,705 in salary, compensation, and benefits to its employees.
  • The organization pays $21,809,706 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization grants to a related person.
  • The organization has a business related family member transaction.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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