EIN 56-2038194

Wake Forest University Development Foundation

Name: Wake Forest University Development Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Winston Salem

State

North Carolina

Year formed

1996

Most recent tax filings

2023-06-01

NTEE code, primary

B80: Student Services and Organizations of Students

Description

The Wake Forest University Development Foundation operates as a supporting organization exclusively for the benefit of Wake Forest University, Wake Forest University Health Sciences, and Reynolda House, Inc. The organization holds, maintains and sells real and personal property that has been donated to support these organizations. It serves as a conduit for holding and disposing of donated property, and uses proceeds from sales or dispositions of such properties to support various programs within Wake Forest University and its affiliates. The foundation is located in Winston-Salem, NC.

Related structure

Wake Forest University Development Foundation is a subordinate organization under Wake Forest University Health Sciences.

Also known as...

Wake Forest University Development Fndtn

Total revenues

2023

Total expenses

$8,442

2023

Total assets

$215,711

2023

Num. employees

2023

Program areas at Wake Forest University Development Foundation

The organization serves as a conduit for holding and disposing of donated real and personal property and supports Wake Forest University and its affiliates with proceeds from sales or dispositions of such properties as designated to the various programs and entities.

Who funds Wake Forest University Development Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Fairfield County's Community Foundation	2023-06	For General Support.	$10,000

Personnel at Wake Forest University Development Foundation

Name	Title	Compensation	Date of data
Bruce Hoflar Milam	Vice President and Treasurer		2023-05-15
Susan R Wente	President	$0	2022-06-30
Anita M Conrad	Assistant Secretary	$0	2022-06-30
J Reid Morgan	Secretary	$0	2022-06-30
Nathan O Hatch	President	$0	2021-06-30

Financials for Wake Forest University Development Foundation

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$0	$160,000	-100%
Program services	$0	$0	-
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$-497,944	-100%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$0	$-337,944	-100%

Form 990s for Wake Forest University Development Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-13	990	View PDF
2022-06	2023-05-15	990	View PDF
2021-06	2022-05-16	990	View PDF
2020-06	2021-05-26	990	View PDF
2019-06	2020-09-03	990	View PDF
...and 9 more Form 990s

Organizations like Wake Forest University Development Foundation

Organization	Type	Location	Revenue
Wheaton Academy Foundation	501(c)(3)	West Chicago, IL	-$339,689
Furman University Foundation	501(c)(3)	Greenville, SC	$1,749,880
The University of Texas Foundation No 1	501(c)(3)	Austin, TX	$850,112
William C Conner Foundation	501(c)(3)	Fort Worth, TX	$131,748
Oregon Student Foundation	501(c)(3)	Portland, OR	$192,138
Louisiana State University at Eunice Foundation	501(c)(3)	Eunice, LA	$1,168,052
American Heritage Education Foundation	501(c)(3)	Escondido, CA	$2,539,929
Wake Forest University Foundation	501(c)(3)	Winston Salem, NC	$165,184
Education Success Foundation	501(c)(3)	Rochester, NY	$8,875,121
Oak Tree Foundation	501(c)(3)	Forest Grove, OR	$2,503,022

Data update history

July 9, 2023

Posted financials

Added Form 990 for fiscal year 2022

July 1, 2023

Updated personnel

Identified 6 new personnel

May 21, 2023

Received grants

Identified 1 new grant, including a grant for $10,000 from Fairfield County's Community Foundation

May 17, 2023

Updated personnel

Identified 4 new personnel

August 22, 2021

Posted financials

Added Form 990 for fiscal year 2019

Nonprofit Types

Grantmaking organizationsSchoolsChapter / child organizationsCharities

Issues

Education

Characteristics

State / local levelTax deductible donationsNo full-time employees

General information

Address: 1834 Wake Forest Rd Box 7201; Winston Salem, NC 27109
Metro area: Winston-Salem, NC
County: Forsyth County, NC
Phone: (336) 758-5233

IRS details

EIN: 56-2038194
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1996
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B80: Student Services and Organizations of Students
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Subordinate organization

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Wake Forest University Development Foundation

Program areas at Wake Forest University Development Foundation

Who funds Wake Forest University Development Foundation

Personnel at Wake Forest University Development Foundation

Financials for Wake Forest University Development Foundation

Form 990s for Wake Forest University Development Foundation

Organizations like Wake Forest University Development Foundation

Nonprofits

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