WAKE FOREST UNIVERSITY: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: WAKE FOREST UNIVERSITY (EIN 56-0532138)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-13
IRS object ID: 201411339349304526
Schema version: 2012v2.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-13T13:19:53-07:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	560532138	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	WAKE FOREST UNIVERSITY	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	WAKE	NameControl
Phone	3367585233	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 7201	AddressLine1
City	WINSTONSALEM	City
State	NC	State
ZIP Code	27109	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	B Hofler Milam	Name
Title	Sr. VP & CFO	Title
Date Signed	2014-05-13	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Nathan O Hatch PhD	NameOfPrincipalOfficerPerson
Gross Receipts	1186597126	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	www.wfu.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1834	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	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 two undergraduate institutions, a graduate school, and four professional schools.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	58	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	50	NbrIndependentVotingMembers
Total Nbr Employees	5761	TotalNbrEmployees
Total Nbr Volunteers	2150	TotalNbrVolunteers
Total Gross UBI	1907513	TotalGrossUBI
Net Unrelated Business Txbl Income	-2251755	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	63600963	ContributionsGrantsPriorYear
Contributions Grants Current Year	97889217	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	322090629	ProgramServiceRevenuePriorYear
Program Service Revenue CY	334502523	ProgramServiceRevenueCY
Investment Income Prior Year	28835303	InvestmentIncomePriorYear
Investment Income Current Year	52527575	InvestmentIncomeCurrentYear
Other Revenue Prior Year	8363364	OtherRevenuePriorYear
Other Revenue Current Year	11888226	OtherRevenueCurrentYear
Total Revenue Prior Year	422890259	TotalRevenuePriorYear
Total Revenue Current Year	496807541	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	81883378	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	86754953	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	197560825	SalariesEtcPriorYear
Salaries Etc Current Year	204794643	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	956384	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	933332	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	19825849	TotalFundrsngExpCurrentYear
Other Expense Prior Year	120001530	OtherExpensePriorYear
Other Expenses Current Year	122057141	OtherExpensesCurrentYear
Total Expenses Prior Year	400402117	TotalExpensesPriorYear
Total Expenses Current Year	414540069	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	22488142	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	82267472	RevenuesLessExpensesCY
Total Assets BOY	1221139374	TotalAssetsBOY
Total Assets EOY	1447663313	TotalAssetsEOY
Total Liabilities BOY	341216280	TotalLiabilitiesBOY
Total Liabilities EOY	472631456	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	879923094	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	975031857	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	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 seven constituent parts: two undergraduate institutions, Wake Forest College and the Calloway School of Business and Accountancy; the Graduate School; and four professional schools: the School of Law, the School of Medicine, the Babcock Graduate School of Management 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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	188032777	Expense
Grants	72091401	Grants
Revenue	264120549	Revenue
Description	Instruction of approximately 7,038 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 Office of International Programs manages the student exchange and study abroad programs, with visiting students from 51 different countries. More than 60% 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. 59.6% of the graduate and undergraduate student population received financial aid awards. Approximately 4,194 students received scholarships or grants from the institution during the year.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	94288941	Expense
Grants	12500223	Grants
Revenue	80983875	Revenue
Description	Wake Forest maintains campus bookstores, housing and dining facilities, mail services and other program services, including Athletics. Athletic scholarships provided funding for 278 athletes during the fiscal year. The Wake Forest conference center serves both University and external constituencies. WFDD-FM Radio, the University's Public Broadcasting Station, provides a venue for teaching and learning as well as communication. The station serves the 32-county Winston-Salem, Greensboro, High Point market bringing music and culture, news and information to the public at large.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	48670929	Expense
Grants	687899	Grants
Description	Wake Forest University maintains a campus with academic buildings, research laboratories, student dormitories, with space for fraternities and sororities, and recreational facilities. The grounds add to the student experience. The organization also has other auxiliary enterprises designed to enhance and improve the University and the surrounding community. The University supports, with occasional gifts, local exempt organizations, in order to enhance arts and culture in the area.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	22213382	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	1475430	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	8562638	TotalOfOtherProgramServiceRev
Total Program Service Expense	353206029	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	true	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	true	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	true	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	true	MoreThan5000KToOrganizations
More Than5000 K To Individuals	true	MoreThan5000KToIndividuals
Professional Fundraising	true	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	LoanToOfficerOrDQP
Grant To Related Person	true	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	9129	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	5761	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Foreign Financial Account	true	ForeignFinancialAccount
Name Of Foreign Country	OC	NameOfForeignCountry
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Number Of8282 Filed	0	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	true	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	58	NbrVotingGoverningBodyMembers
Number Independent Voting Members	50	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	true	InvestmentInJointVenture
Written Policy Or Procedure	true	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Brandon E Gilliland	NamePerson
Telephone Number	3367585233	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 7201	AddressLine1
City	WINSTONSALEM	City
State	NC	State
ZIP Code	27109	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (80 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
Michael AJ Farrell deceased
Trustee	1.00	0.00	X	0	0	0
Graham W Denton Jr deceased
Trustee	2.00	6.00	X	0	0	0
John M Vann
Trustee	0.00	0.00	X	0	0	0
Seth H Waugh
Trustee	0.00	0.00	X	0	0	0
Benjamin C Sutton Jr
Trustee	0.00	0.00	X	0	0	0
Adelaide A Sink
Trustee	0.00	0.00	X	0	0	0
Andrew J Schindler
Trustee	0.00	6.00	X	0	0	0
Jay G Sehgal
Trustee	9.00	0.00	X	1789	0	0
Ogden Phipps II
Trustee	0.00	0.00	X	0	0	0
Wade W Murphy
Trustee	0.00	0.00	X	0	0	0
Alice Kirby Horton
Trustee	0.00	0.00	X	0	0	0
James R Helvey III
Trustee	0.00	4.00	X	0	0	0
Kathleen B French MD
Trustee	0.00	0.00	X	0	0	0
Curtis C Farmer
Trustee	0.00	0.00	X	0	0	0
Matthew A King
Comm Vice Chair	3.00	2.50	X	0	0	0
Mary R Farrell
Trustee	3.00	0.00	X	0	0	0
Charles Jeff Young
Trustee	3.00	0.00	X	0	0	0
Katherine B Wright
Comm Vice Chair	3.00	0.00	X	0	0	0
James T Williams Jr
Comm Vice Chair	4.00	7.00	X	0	0	0
David I Wahrhaftig
Comm Vice Chair	4.00	0.00	X	0	0	0
Cathy Wall Thomas MD
Trustee	3.00	0.00	X	0	0	0
Lloyd P Tate Jr
Trustee	3.00	1.00	X	0	0	0
Janice K Story
Trustee	3.00	0.00	X	0	0	0
Mitesh B Shah
Committee Chair	5.00	2.20	X	0	0	0
Frederick W Eubank II
Comm Vice Chair	0.00	0.00	X	0	0	0
Deborah K Rubin
Committee Chair	4.00	0.00	X	0	0	0
Harold O Rosser
Trustee	3.00	0.20	X	0	0	0
Gerald F Roach
Comm Vice Chair	4.00	2.00	X	0	0	0
Michael G Queen
Comm Vice Chair	3.00	0.00	X	0	0	0
Celeste Mason Pittman
Committee Chair	5.00	0.00	X	0	0	0
James M O'Connell
Trustee	3.00	0.00	X	0	0	0
L Steven Nelson
Trustee	3.00	0.00	X	0	0	0
Kenneth D Miller
Trustee	3.00	0.20	X	0	0	0
Thomas A Dingledine
Trustee	0.00	0.00	X	0	0	0
Thomas W Bunn
Trustee	0.00	0.00	X	0	0	0
Jeanne Whitman Bobbitt
Trustee	0.00	0.00	X	0	0	0
Richard H Moore
Comm Vice Chair	3.00	0.00	X	0	0	0
John K Medica
Comm Vice Chair	3.00	0.20	X	0	0	0
John M McAvoy
Trustee	3.00	0.00	X	0	0	0
James J Marino
Trustee	3.00	2.00	X	0	0	0
John R Lowden
Trustee	3.00	0.20	X	0	0	0
Deborah D Lambert
Committee Chair	5.00	0.50	X	0	0	0
Albert R Hunt
Trustee	3.00	0.00	X	0	0	0
Lawrence D Hopkins MD
Comm Vice Chair	3.00	37.00	X	0	275849	41582
Frank B Holding Jr
Trustee	3.00	0.00	X	0	0	0
Donald E Flow
Board Chair	20.00	7.00	X	0	0	0
Lelia J Farr
Trustee	3.00	0.20	X	0	0	0
Lisbeth Clark Evans
Trustee	3.00	0.20	X	0	0	0
Candy M Ergen
Committee Chair	5.00	0.20	X	0	0	0
David W Dupree
Committee Chair	5.00	0.20	X	0	0	0
Daniel M Delen
Trustee	3.00	0.20	X	0	0	0
John I Bitove Jr
Trustee	3.00	0.00	X	0	0	0
Jocelyn Burton
Trustee	3.00	0.00	X	0	0	0
Bobby R Burchfield
Board ViceChair	6.00	0.00	X	0	0	0
Peter C Brockway
Committee Chair	5.00	0.20	X	0	0	0
Donna A Boswell PhD
Board ViceChair	6.00	10.20	X	0	0	0
Shelmer D Blackburn Jr
Trustee	3.00	0.00	X	0	0	0
W Louis Bissette Jr
Committee Chair	5.00	0.00	X	0	0	0
Ranlet S Bell
Committee Chair	5.00	0.00	X	0	0	0
Diana M Adams
Trustee	3.00	0.00	X	0	0	0
Rogan Kersh
Provost	40.00	0.00		335132	0	56195	X
Anita M Conrad
Asst Secretary	20.00	20.00		156235	0	29981	X
James J Dunn
VP - CIO	39.50	0.50		646204	0	178256	X
J Reid Morgan
VP,Gen Cnsl,Sec	20.00	20.00		477612	0	120218	X
B Hofler Milam
Sr. VP & CFO	39.00	1.00		478056	0	124488	X
Nathan O Hatch PhD
President	29.00	11.00		948602	0	332624	X
John D McConnell MD
Exec VP Health	2.00	38.00		0	1370748	690944	X
Mark A Petersen
VP - Advancement	40.00	0.00		448833	0	65960		X
Steven S Reinemund
Dean, School of Business	40.00	0.00		399851	0	41453		X
Ronald D Wellman
Director of Athletics	40.00	0.00		696346	0	274471		X
Jacquelyn S Fetrow PhD
Dean, Wake Forest College	40.00	0.00		271283	0	27920		X
Jim B Grobe
Football Coach	40.00	0.00		2255822	0	45746			X
Andrew R Chan
VP Career Develop.	40.00	0.00		370236	0	67308			X
Jeffrey Bzdelik
Basketball Coach	40.00	0.00		1342632	0	37319			X
Blake D Morant
Dean, Sch of Law	40.00	0.00		372404	0	45036			X
Ajay Patel PhD
Prof, Sch of Busns	40.00	0.00		362512	0	45103			X
Matthew S Cullinan
Former VP Administration	40.00	0.00		160329	0	31152				X
Nancy D Suttenfield
Former CFO	0.00	0.00		198714	0	24384				X
Craig O Thomas
Former Asst Treas	40.00	0.00		208545	0	64397				X
Mark E Welker PhD
Former Interim Provost	40.00	0.00		289791	0	41643				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	10420928	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	1646597	TotalReportableCompFrmRltdOrgs
Total Other Compensation	2386180	TotalOtherCompensation
Number Individuals GT100 K	359	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
IL Long Construction Co Inc
PO Box 4186	WinstonSalem	NC	27115	Construction	3176555
Hanbury-Evans-Wright-Vlattas and Co
PO Box 3518	Norfolk	VA	23514	Architechural Svcs	2105984
Frank L Blum Construction Company
830 25th St NE	WinstonSalem	NC	27105	Construction	32909700
EBSCO Subscription Service
6800 Versar Center Ste 131	Springfield	VA	22151	Subscription Service	2361064
Aramark Campus Services
1101 Market St 12th Fl	Philadelphia	PA	19107	Food Service	12607208

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	125	NumberOfContractorsGT100K
Fundraising Events	566565	FundraisingEvents
Related Organizations	1000000	RelatedOrganizations
Government Grants	8561558	GovernmentGrants
All Other Contributions	87761094	AllOtherContributions
Noncash Contributions	11044709	NoncashContributions
Total Contributions	97889217	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
Tuition and Fees	611310	264120549	264120549
Telecom & Other Services	611710	3180190	3180190
Student Housing & Dining	721310	31613634	31613634
Organized Activities	515100	4649061	4011387	11600	$626,074
Athletic Programs	711210	26645517	25257348		$1,388,169

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4293572	TotalRevenueColumn
Related Or Exempt Function Income	3668092	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	625480	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Program Service Revenue	334502523	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	21661180	TotalRevenueColumn
Unrelated Business Revenue	-2783702	UnrelatedBusinessRevenue
Exclusion	$24,444,882	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	4718	TotalRevenueColumn
Exclusion	$4,718	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2009355	TotalRevenueColumn
Exclusion	$2,009,355	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	9294049	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	7954348	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	1339701	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	1339701	TotalRevenueColumn
Exclusion	$1,339,701	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	706368000	Securities
Other	684387	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	675561845	Securities
Other	628865	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	30806155	Securities
Other	55522	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	30861677	TotalRevenueColumn
Unrelated Business Revenue	-10841	UnrelatedBusinessRevenue
Exclusion	$30,872,518	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	48270	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	566565	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	101646	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-53376	TotalRevenueColumn
Exclusion	-$53,376	ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	13498230	GrossSalesOfInventory
Cost Of Goods Sold	5542881	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	7955349	TotalRevenueColumn
Unrelated Business Revenue	3427779	UnrelatedBusinessRevenue
Exclusion	$4,527,570	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue
Winston-Salem Tennis Cup	711210	429649	429649
Tennis Club	713940	173956	173956
Athletic Advertising	541800	33592	33592

Field	Value	IRS element (for citing)
Total Other Revenue	637197	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	496807541	TotalRevenueColumn
Related Or Exempt Function Income	331851200	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	1907513	UnrelatedBusinessRevenue
Exclusion	$65,159,611	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	1420790	Total
Program Services	1420790	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	84537249	Total
Program Services	84537249	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	796914	Total
Program Services	796914	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	5401257	Total
Program Services	1020028	ProgramServices
Management And General	3185480	ManagementAndGeneral
Fundraising	1195749	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	159544202	Total
Program Services	132533070	ProgramServices
Management And General	17091350	ManagementAndGeneral
Fundraising	9919782	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	10937866	Total
Program Services	8823853	ProgramServices
Management And General	1365475	ManagementAndGeneral
Fundraising	748538	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	17541023	Total
Program Services	13279573	ProgramServices
Management And General	2984641	ManagementAndGeneral
Fundraising	1276809	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	11370295	Total
Program Services	9172704	ProgramServices
Management And General	1419459	ManagementAndGeneral
Fundraising	778132	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	174661	Total
Program Services	106158	ProgramServices
Management And General	68503	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	183950	Total
Program Services	7800	ProgramServices
Management And General	176150	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	933332	Total
Fundraising	933332	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	6194167	Total
Program Services	4270721	ProgramServices
Management And General	1923446	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	12908531	Total
Program Services	8067678	ProgramServices
Management And General	4085357	ManagementAndGeneral
Fundraising	755496	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	5897681	Total
Program Services	4518213	ProgramServices
Management And General	285267	ManagementAndGeneral
Fundraising	1094201	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	19080519	Total
Program Services	13388092	ProgramServices
Management And General	3799298	ManagementAndGeneral
Fundraising	1893129	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	4940493	Total
Program Services	4935178	ProgramServices
Management And General	-183296	ManagementAndGeneral
Fundraising	188611	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	11685571	Total
Program Services	8830966	ProgramServices
Management And General	2693365	ManagementAndGeneral
Fundraising	161240	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	11524380	Total
Program Services	10604201	ProgramServices
Management And General	214278	ManagementAndGeneral
Fundraising	705901	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	2271278	Total
Program Services	1947133	ProgramServices
Management And General	275337	ManagementAndGeneral
Fundraising	48808	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	8844707	Total
Program Services	8844707	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	24376125	Total
Program Services	24369619	ProgramServices
Management And General	6506	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2113112	Total
Program Services	774677	ProgramServices
Management And General	1339813	ManagementAndGeneral
Fundraising	-1378	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Miscellaneous	413034	331156	41656	40222
Auxiliary Enterprises	2458882	2458095	301	486
Non Capital Equip & Furnishing	3030372	2269726	720125	40521
Library, Books & Subscriptions	5959678	5897728	15680	46270

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	414540069	Total
Program Services	353206029	ProgramServices
Management And General	41508191	ManagementAndGeneral
Fundraising	19825849	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	47619524	BOY
EOY	99519463	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	56594517	BOY
EOY	86076804	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	10206013	BOY
EOY	12448471	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	164325	BOY
EOY	109883	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	23563755	BOY
EOY	22764662	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1254872	BOY
EOY	616537	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1560635	BOY
EOY	1892199	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	732410263	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	303146819	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	362923983	BOY
EOY	429263444	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	311518273	BOY
EOY	360803167	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	402728658	BOY
EOY	430124156	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3004819	BOY
EOY	4044527	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1221139374	BOY
EOY	1447663313	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	28742019	BOY
EOY	41784742	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	9944581	BOY
EOY	9827117	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	15622907	BOY
EOY	23193502	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	160425000	BOY
EOY	155545000	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	433145	BOY
EOY	444955	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	32287282	BOY
EOY	31604159	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
EOY	125000000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	93761346	BOY
EOY	85231981	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	341216280	BOY
EOY	472631456	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	426583122	BOY
EOY	407222847	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	244847287	BOY
EOY	336724317	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	208492685	BOY
EOY	231084693	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	879923094	BOY
EOY	975031857	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1221139374	BOY
EOY	1447663313	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	82267472	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	12841291	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Form4720 Filed4955 Tax	false	Form4720Filed4955Tax
Correction Made	false	CorrectionMade
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	true	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	false	OtherActivities
Not Described In501c3	false	NotDescribedIn501c3
Form4720 Filed4912 Tax	false	Form4720Filed4912Tax

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Part II-B, Line 1i	Identifier
Return Reference	Part II-B, Line 1i - Other Activities Description	ReturnReference
Explanation	The organization's medical school subsidiary organization has a Government Relations office which makes contacts; working in coordination with that government relations office, the filing organization's employees will sometimes make direct contact with legislators, their staffs, government officials, or a legislative body. The Government Relations office was actively involved with several federal and state issues during the year, including developing political advocacy strategies regarding investment tax credits, and regarding many of the FY 2014 appropriations bills, proposed legislation and regulations that were introduced, e.g. IRS property-tax exemptions for nonprofits guidelines and community benefits analysis, patents and intellectual property issues. At the state level, efforts included legislation regarding business incentive tax laws, including the mill tax credit for the Wake Forest Innovation Quarter research park in downtown Winston-Salem, and transparency and reformation of the tax code including sales tax refund protection provisions.Because of the preponderance of current Health Care legislation, the Government Relations Office of the filing organization's subsidiary spent less time during the tax year on purely educational issues of greatest relevance to the filing organization.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Contrib To Funds And Other Accounts	16303	ContribToFundsAndOtherAccounts
Grants Funds And Other Accounts	64514	GrantsFundsAndOtherAccounts
Disclosed Orgs Legal Control	true	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	true	DisclosedForCharitablePurposes
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Scholar Research	X	CollectUsedForScholarResearch
Collect Used For Preservation	X	CollectUsedForPreservation
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	true	AgentTrusteeEtc
Beginning Balance	462586008	BeginningBalance
Additions During Year	40673250	AdditionsDuringYear
Distributions During Year	24604658	DistributionsDuringYear
Ending Balance	478654600	EndingBalance
Included On FS	true	IncludedOnFS
Explanation In Part XIII	X	ExplanationInPartXIII

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	586318598	BeginningOfYearBalance
Contributions	34222614	Contributions
Investment Earnings Or Losses	39951119	InvestmentEarningsOrLosses
Grants Or Scholarships	12712804	GrantsOrScholarships
Other Expenditures	15742738	OtherExpenditures
Administrative Expenses	1456407	AdministrativeExpenses
End Of Year Balance	630580382	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	609317298	BeginningOfYearBalance
Contributions	4406986	Contributions
Investment Earnings Or Losses	5771784	InvestmentEarningsOrLosses
Grants Or Scholarships	10553138	GrantsOrScholarships
Other Expenditures	21222672	OtherExpenditures
Administrative Expenses	1401660	AdministrativeExpenses
End Of Year Balance	586318598	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	531560575	BeginningOfYearBalance
Contributions	37795637	Contributions
Investment Earnings Or Losses	70599050	InvestmentEarningsOrLosses
Grants Or Scholarships	10874429	GrantsOrScholarships
Other Expenditures	17390859	OtherExpenditures
Administrative Expenses	2372676	AdministrativeExpenses
End Of Year Balance	609317298	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	504636725	BeginningOfYearBalance
Contributions	4856562	Contributions
Investment Earnings Or Losses	53342647	InvestmentEarningsOrLosses
Grants Or Scholarships	17524560	GrantsOrScholarships
Other Expenditures	11167739	OtherExpenditures
Administrative Expenses	2583060	AdministrativeExpenses
End Of Year Balance	531560575	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	643133092	BeginningOfYearBalance
Contributions	18055306	Contributions
Investment Earnings Or Losses	-125720361	InvestmentEarningsOrLosses
Grants Or Scholarships	11066538	GrantsOrScholarships
Other Expenditures	18055931	OtherExpenditures
Administrative Expenses	1708843	AdministrativeExpenses
End Of Year Balance	504636725	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.33000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.32000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.35000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	571500	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	12752157	OtherCostOrOtherBasis
Book Value	13323657	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	54519465	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	309233992	OtherCostOrOtherBasis
Depreciation	136502162	Depreciation
Book Value	227251295	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	162413591	OtherCostOrOtherBasis
Depreciation	103251928	Depreciation
Book Value	59161663	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	78806828	OtherCostOrOtherBasis
Depreciation	62084699	Depreciation
Book Value	16722129	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	114112730	OtherCostOrOtherBasis
Depreciation	1308030	Depreciation
Book Value	112804700	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	429263444	TotalOfBookValueLandBuildings
Total Of Book Value Securities	430124156	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Postretirement benefits	$13,022,245
Other liabilities and deferral	$46,541,091
Bond premium	$2,263,898
Annuities payable	$23,404,747

Field	Value	IRS element (for citing)
Total Of Amounts	85231981	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	432237716	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	12841291	NetUnrealizedGainsInvestments
Other Revenues	13598875	OtherRevenues
Revenue Not Rptd F990	26440166	RevenueNotRptdF990
Revenue Subtotal	405797550	RevenueSubtotal
Investment Expenses Not Included	6208857	InvestmentExpensesNotIncluded
Other Revenues Not Included	84801134	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	91009991	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	496807541	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	337128953	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	13598875	OtherExpensesIncluded
Expenses Not Rptd F990	13598875	ExpensesNotRptdF990
Expenses Subtotal	323530078	ExpensesSubtotal
Investment Expenses Not Included2	6208857	InvestmentExpensesNotIncluded2
Other Expenses Not Included	84801134	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	91009991	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	414540069	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (10 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part XII, Line 4b	Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S	Tuition scholarship discounts $83387596 Actuarial obligation adjustment $-2880484 Internal department allocations $3858144 Pledge bad debt allowance $-1192374 Other adjustments $1628252
Part XII, Line 2d	Part XII, Line 2d: Other expenses and losses per audited F/S	Rental expenses $7954348 Cost of Goods Sold $5542881 Fundraising event expenses $101646
Part XI, Line 4b	Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S	Tuition scholarship discounts $76883528 Tuition discount adjustment $6504068 Actuarial obligation adjustment $-2880484 Internal department allocations $3858144 Pledge bad debt allowance $-1192374 Other adjustments $1628252
Part XI, Line 2d	Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990	Rental Expenses $7954348 Cost of Goods Sold $5542881 Fundraising event expenses $101646
Part X	Part X : FIN48 Footnote	Wake Forest University is a tax-exempt organization as described in Section 501(c)(3) of the Internal Revenue Code and is generally exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. Accordingly, no provision for income taxes is made in the consolidated financial statements. Unrelated business income of the University is reported on Form 990-T. The University recognizes the effect of income tax positions only if those positions are more likely than not of being sustained.
Part V, Line 4	Part V, Line 4: Intended uses of the endowment fund.	Approximately 44.7% of the expendable endowment funds provided scholarships for Wake Forest University students during the fiscal year. 29.6% was distributed for department chair and faculty positions, including funds for research professorships. 15% supported educational programs generally, the libraries and general university operations. 10.7% provided support for other specific university needs. Due to the fluctuations of university and student needs, these percentages may change from year to year. Only a portion of the Endowment is Restricted to a single use.
Part IV, Line 2b	Part IV, Line 2b: Explanation of escrow account liability	Agency accounts are held to provide supervision and banking ability for small student clubs and organizations that are formed by the current student body and may or may not last past the graduation of the members. The University fosters the students' desire to form associations that can function as a social unit on campus.
Part IV, Line 1b	Part IV, Line 1b: Why is organization an agent, trustee, custodian or other intermediary for contrib	The organization's investment office manages the endowment pool for both the organization and several related organizations identified in Schedule R. Such investments are not included on the organization's balance sheet, but are contained in the consolidated financial statements.
Part III, Line 4	Part III, Line 4: Description of organization's collections and how it furthers its purpose.	The organization has collections of art, rare books, and artifacts within its facilities. These collections enhance the education of its students and provide research materials for its faculty. Artwork is displayed in many buildings on the organization's campus, accessible to students, employees, and visitors.
Part III, Line 1a	Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o	The Consolidated Financial Statements do not contain a footnote regarding the University's art or museum collections. The value of the collections is approximately $6.3 million.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	true	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized	Wake Forest University publishes its nondiscrimination policy in the undergraduate bulletin, which is distributed to all students annually. Nondiscrimination language appears in employment advertising and in ads for the University's educational programs and is available at www.wfu.edu
Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency	Wake Forest University participates in government loan and scholarship programs on behalf of its students. Funds are awarded to eligible students as part of the University's educational purpose. Funds are awarded to eligible students on a nondiscriminatory basis.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	true	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (39 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
East Asia & Pacific	0	0	Program Services	Services	49
South America	0	0	Program Services	Recruiting	2700
South America	0	0	Program Services	Conference	650
South Asia	0	0	Program Service	Research	9229
Sub-Saharan Africa	0	0	Investment Book Value		18138000
South Asia	0	0	Investment Book Value		0
South America	0	0	Investment Book Value		16519000
Russia & Ind Sts	0	0	Investment Book Value		0
North America	0	0	Investment Book Value		2909000
Mid East & N Africa	0	0	Investment Book Value		1172000
East Asia & Pacfic	0	0	Investment Book Value		15372000
Europe & North Atlantic	0	0	Investment Book Value		95401000
Ctr America & Caribbean	0	0	Investment Book Value		26418000
North America	0	0	Program Service	Services	5200
Europe & North Atlantic	0	0	Program Service	Services	66989
South Asia	0	0	Program Service	Services	1854
East Asia & Pacific	0	0	Program Service	Recruiting	28857
Sub-Saharan Africa	0	4	Program Service	Research	27439
Sub-Saharan Africa	0	0	Program Service	Study Abroad	10150
South Asia	0	0	Program Service	Study Abroad	58211
South Asia	0	0	Program Service	Conference	200
South America	0	0	Program Service	Study Abroad	168571
South America	0	0	Program Service	Research	158318
Europe & North Atlantic	0	0	Program Service	Recruiting	25575
North America	0	0	Program Service	Recruiting	14959
North America	0	0	Program Service	Research	9406
North America	0	0	Program Service	Conference	5179
Mid East & N Africa	0	0	Program Service	Services	3000
Mid East & N Africa	0	0	Program Service	Research	489
Mid East & N Africa	0	0	Program Service	Conference	1687
Europe & North Atlantic	0	0	Program Service	Research	252027
Europe & North Atlantic	0	0	Program Service	Conference	8256
Europe & North Atlantic	5	31	Program Service	Study Abroad	2389214
East Asia & Pacific	0	0	Program Service	Study Abroad	146431
East Asia & Pacific	0	0	Program Service	Research	8146
East Asia & Pacific	0	0	Program Service	Conference	2732
Ctr America & Caribbean	0	0	Program Service	Recruiting	4000
Ctr America & Caribbean	0	0	Program Service	Research	7805
Ctr America & Caribbean	1	12	Program Service	Study Abroad	172166

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	6	SubtotalNumberOfOffices
Subtotal Number Of Employees	43	SubtotalNumberOfEmployees
Cont Number Of Employees	4	ContNumberOfEmployees
Total Number Of Offices	6	TotalNumberOfOffices
Total Number Of Employees	47	TotalNumberOfEmployees
Subtotal Amount Spent	3209390	SubtotalAmountSpent
Cont Amount Spent	176309099	ContAmountSpent
Total Amount Spent	179518489	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (9 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Europe	Student Prgm	80000	Check & Wire
Europe	Student Prgm	57400	Check & Wire
Europe	Student Prgm	43050	Check & Wire
Europe	Student Prgm	42700	Check & Wire
Europe	Student Prgm	237447	Check & Wire
Europe	Student Prgm	12266	Check & Wire
Europe	Student Prgm	116150	Check & Wire
Europe	Student Prgm	111901	Check & Wire
E Asia Pacific	Student Prgm	96000	Check & Wire

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	9	TotalNumberOf501c3Orgs

Grants To Ind Outside US GrantsToIndOutsideUS (2 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Student research grant	Sub-Saharan Africa	1	8544	Check/wire
Student research grant	Europe & N Atlant	1	500	Check/wire

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	true	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	true	OwnForeignCorp
Passive Foreign Invest Co	true	PassiveForeignInvestCo
Foreign Partnership	true	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

Field	Value	IRS element (for citing)
Identifier	Grantmaker's Description of How Grants are Used in Foreign Country	Identifier
Explanation	The organization provides funding to faculty for research and other projects and to students for research and other projects. Expenses must be substantiated under the Accountable Plan to ensure proper use of funds.The Organization sometimes provides operating funds to collaborative organizations and charitable foreign organizations, which are not monitored beyond the original grant determination process.	Explanation

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Email Solicitations	X	EmailSolicitations
Phone Solicitations	X	PhoneSolicitations
In Person Solicitations	X	InPersonSolicitations
Solicitation Of Non Govt Grants	X	SolicitationOfNonGovtGrants
Solicitation Of Govt Grants	X	SolicitationOfGovtGrants
Special Fundraising Events	X	SpecialFundraisingEvents
Agreement Ref Fundraising	true	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (10 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Amount Retained By ContractorAmountRetainedByContractor	Name Of IndividualNameOfIndividual
Elephant in the
105 West 4th St	Winston	NC	27101	Design Services	false	6000
Pentera Inc
8650 Commerce	Indianapol	IN	46268	Consultant	false	22790
Joel W Bowers
1920 Pacific Av	San Fran	CA	94109	Campaign Video	false	44000
(no name)
61 Trowbridge	Belmont	MA	02478	Consultant	false	44500	Anne R Powell
Marts & Lundy
1200 Wall St	Lyndhurst	NJ	07071	Consulting	false	71300
(no name)
PO Box 1645	Big Timber	MT	59011	Consulting	false	97683	Lawson Drinkard
Bluezoom Inc
230 S Elm St	Greensboro	NC	27401	Campaign Dev.	false	106461
Verified Studio
3400 Croasdaile	Durham	NC	27705	Design Serv.	false	143460
Richards Group
8750 N Central	Dallas	TX	75231	Consulting	false	167559
Silent R Prod
2749 Spring Gar	WinstonSa	NC	27106	Consultant-Film	false	184000

Field	Value	IRS element (for citing)
Total Retained By Contractors	887753	TotalRetainedByContractors
Licensed States	DC	LicensedStates
Licensed States	WY	LicensedStates
Licensed States	WI	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	WA	LicensedStates
Licensed States	VA	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	UT	LicensedStates
Licensed States	TX	LicensedStates
Licensed States	TN	LicensedStates
Licensed States	SD	LicensedStates
Licensed States	SC	LicensedStates
Licensed States	RI	LicensedStates
Licensed States	PA	LicensedStates
Licensed States	OR	LicensedStates
Licensed States	OK	LicensedStates
Licensed States	OH	LicensedStates
Licensed States	ND	LicensedStates
Licensed States	NY	LicensedStates
Licensed States	NC	LicensedStates
Licensed States	NM	LicensedStates
Licensed States	NJ	LicensedStates
Licensed States	NH	LicensedStates
Licensed States	NV	LicensedStates
Licensed States	NE	LicensedStates
Licensed States	MT	LicensedStates
Licensed States	MS	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MI	LicensedStates
Licensed States	MA	LicensedStates
Licensed States	ME	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	IL	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	CO	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	AZ	LicensedStates
Licensed States	AK	LicensedStates
Licensed States	AL	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	WFDD Events	NameOfEvent1
Gross Receipts Event1	489155	GrossReceiptsEvent1
Charitable Contributions Event1	489155	CharitableContributionsEvent1
Non Cash Prizes Event1	4737	NonCashPrizesEvent1
Food And Beverage Event1	556	FoodAndBeverageEvent1
Other Direct Expenses Event1	24819	OtherDirectExpensesEvent1
Name Of Event2	Athletics Auction	NameOfEvent2
Gross Receipts Event2	97745	GrossReceiptsEvent2
Charitable Contributions Event2	65925	CharitableContributionsEvent2
Gross Revenue Event2	31820	GrossRevenueEvent2
Rent Facility Costs Event2	368	RentFacilityCostsEvent2
Food And Beverage Event2	16004	FoodAndBeverageEvent2
Entertainment Event2	15625	EntertainmentEvent2
Other Direct Expenses Event2	8255	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	27935	GrossReceiptsOtherEvents
Charitable Contrib Other Events	11485	CharitableContribOtherEvents
Gross Revenue Other Events	16450	GrossRevenueOtherEvents
Non Cash Prizes Other Events	921	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	10526	RentFacilityCostsOtherEvents
Food And Beverage Other Events	8442	FoodAndBeverageOtherEvents
Other Direct Expenses Other Events	11393	OtherDirectExpensesOtherEvents
Gross Receipts Total	614835	GrossReceiptsTotal
Charitable Contributions Total	566565	CharitableContributionsTotal
Gross Revenue Total Events	48270	GrossRevenueTotalEvents
Non Cash Prizes Total Events	5658	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	10894	RentFacilityCostsTotalEvents
Food And Beverage Total Events	25002	FoodAndBeverageTotalEvents
Entertainment Total Events	15625	EntertainmentTotalEvents
Other Direct Expenses Total Events	44467	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	101646	DirectExpenseSummaryEvents
Net Income Summary	-53376	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (26 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Purpose Of GrantPurposeOfGrant
YMCA of Northwest NC
301 N Main St Ste 1900	WinstonSalem	NC	27101	560530015	501(c)(3)	14798	0	Research Subcontract
W-S Chamber of Commerce
411 W Fourth St Ste 211	WinstonSalem	NC	27101	560459820	501(c)(6)	10000	0	General Support & Membership
West Virginia University
886 Chestnut Ridge Rd	Morgantown	WV	26506	550665758	115(2)	8418	0	Sponsored Research Subcontract
Washington Center for Internships
1333 16th St MW	Washington	DC	20036	521019820	501(c)(3)	10000	0	Sponsorship
University of Virginia
580 Massie Rd	Charlottesville	VA	22903	546001796	501(c)(3)	5606	0	Sponsored Research Subcontract
University of Vermont
Botany Dept Marsh Sci Bldg	Burlington	VT	05405	030179440	115(2)	6130	0	Sponsored Research Subcontract
University of Tennessee
1505 W Cumberland Ave	Knoxville	TN	37916	626001636	115(2)	75467	0	Sponsored Research Subcontract
University of Pittsburgh
5th Ave Bigelow Blvd	Pittsburgh	PA	15260	250965591	115(2)	11236	0	Sponsored Research Subcontract
United Way of Forsyth County
301 North Main Street	WinstonSalem	NC	27101	237357234	501(c)(3)	8000	0	Charitable Contribution
UNC School of the Arts
1533 S Main Street	WinstonSalem	NC	27127	566065273	115(2)	14800	0	Sponsored Subcontract
UNC Greensboro
1500 Walker Rd	Greensboro	NC	27402	566001468	115(2)	8650	0	Research Subcontract
Reynolda House Inc
PO Box 7287	WinstonSalem	NC	27109	560810676	501(c)(3)	490000	0	Operations Support
Old Hickory Council BSA
6600 Silas Creek Parkway	WinstonSalem	NC	27106	560529985	501(c)(3)	9526	0	Charitable Contribution
Northeastern University
400 Huntington Avenue	Boston	MA	02115	041679980	501(c)(3)	5700	0	Research Subcontract
North Carolina A&T University
1601 E Market St	Greensboro	NC	27411	566000007	115(2)	31921	0	Research Subcontract
National MS Society Cent NC
2211 W Meadowview Rd Ste 30	Greensboro	NC	27407	135661935	501(c)(3)	10000	0	Charitable Contribution
Medical College of Wisconsin
8701 Watertown Plank Road	Milwaukee	WI	53226	390806261	501(c)(3)	29322	0	Research Subcontract
Leadership Winston-Salem
501 N Cleveland Ave Suite 3	WinstonSalem	NC	27101	581574887	501(c)(3)	6000	0	Sponsorship General Support
Kansas State University
2 Fairchild Hall	Manhattan	KS	66506	480771751	115(2)	79470	0	Research Subcontract
Georgia Southern University
1332 Southern Drive	Statesboro	GA	30458	586002059	115(2)	88963	0	Research Subcontract
Forte Foundation
6628 Tasajillo Trail	Austin	TX	78739	611457145	501(c)(3)	12500	0	Contrib for Scholarship Opportunity
Fidelity Charitable Gift Fund
PO Box 770001	Cincinnati	OH	45277	110303001	501(c)(3)	37800	0	Chris Paul3 Foundation Contribution
Eastern Kentucky University
521 Lancaser Ave	Richmond	KY	40475	611011211	115(2)	5067	0	Research Subcontract
East Carolina University
1001 East 5th Street	Greenville	NC	27858	566000403	115(2)	10759	0	Research Subcontract
Clemson University
PO BOx 345714	Clemson	SC	29634	576000254	501(c)(3)	5421	0	Research Subcontract
Bookmarks Book Festival
PO Box 11867	WinstonSalem	NC	27116	542152610	501(c)(3)	7500	0	Sponsor Book Event

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	26	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (9 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance
Third Party Schlarships	660	3887092
Study Abroad Scholarships	340	2658239
ROTC Scholarships	38	227965
Institutional Scholarships	1228	3974278
Grants for Student Travel	344	194978
General Tuition Scholarships	3168		63828592	Univ. charges	Tuition discounts
Departmental Scholarships	544	898541
Athletic Tuition Awards	278		9541422	Univ. charges	Tuition discounts
Athletic Room & Board	205	2421020

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Grantmaker's Description of How Grants are Used	Identifier
Explanation	Wake Forest University carefully selects qualified exempt organizations for its contributions and provides support for worthy projects and events in which the University has an interest.Grants provided to students are monitored either through use -for University tuition and fees- or by requiring substantiation from the students for research projects or scholastic travel grants.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Discretionary Spending Account	X	DiscretionarySpendingAccount
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	true	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException
Rebuttable Presumption Procedure	false	RebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII (21 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Related OrgsTotalCompensationRelatedOrgs
Steven S Reinemund
Dean, School of Business	393851	6000	25000	16453	441304
Ronald D Wellman
Director of Athletics	666188	30158	258616	15855	970817
Rogan Kersh
Provost	222286	6596	48750	7445	391327	106250
Nathan O Hatch PhD
President	759068	114534	275721	56903	1281226	75000
Nancy D Suttenfield
Former CFO		198714	17682	6702	223098
Matthew S Cullinan
Former VP Administration	134210	6119	10290	20862	191481	20000
Mark E Welker PhD
Former Interim Provost	278374	11417	20784	20859	331434
Mark A Petersen
VP - Advancement	380183	18650	51100	14860	514793	50000
Lawrence D Hopkins MD
Comm Vice Chair							129761	144900	1188	21697	19885	317431
John D McConnell MD
Exec VP Health							998061	334267	38420	670368	20576	2061692
Jim B Grobe
Football Coach	2167495	26687	28869	16877	2301568	61640
Jeffrey Bzdelik
Basketball Coach	1307519	35113	12500	24819	1379951
James J Dunn
VP - CIO	526980	9034	161227	17029	824460	110190
Jacquelyn S Fetrow PhD
Dean, Wake Forest College	243324	7959	18522	9398	299203	20000
J Reid Morgan
VP,Gen Cnsl,Sec	414012	13600	25000	95218	597830	50000
Craig O Thomas
Former Asst Treas	194818	60	43911	20486	272942	13667
Blake D Morant
Dean, Sch of Law	341101	16303	25000	20036	417440	15000
B Hofler Milam
Sr. VP & CFO	404197	23859	105021	19467	602544	50000
Anita M Conrad
Asst Secretary	153097	138	15875	14106	186216	3000
Andrew R Chan
VP Career Develop.	255057	15179	45644	21664	437544	100000
Ajay Patel PhD
Prof, Sch of Busns	361374	138	25000	20103	407615	1000

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Sch J, Part III, Additional Information	Part III, Additional Information	The filing organization, as part of the compensation arrangement for President Nathan O. Hatch, forgave a loan to Dr. Hatch, creating taxable compensation in the amount of $54,941 (included in Schedule J, Part II, column(B)(iii)).The following individuals have amounts included in Schedule J, column D (nontaxable benefits) for tuition provided to family members under the Wake Forest University Tuition Concession Plan for Dependent Children, available to all employees.J. Reid Morgan: $70,065 Andrew R. Chan: $3,894Matthew S. Cullinan: $7,788Mark E. Welker: $3,505Mark E. Welker, PhD was the Interim Provost during the previous fiscal year. His Schedule J W-2 income shows compensation for the first six months of 2012 as Interim Provost and the last six months as a Professor.The compensation of Rogan T. Kersh, University Provost, includes a relocation and recruitment incentive payment.All compensation provided to John D. McConnell, M.D. was paid by a related organization for his services as an officer of that related organization (and other related organizations comprising the academic medical center of which the filing organizations Medical School is a part) and not for any of his services as an officer of the filing organization.The compensation provided to Lawrence D. Hopkins, MD is paid by a related organization for services as a faculty member and is not connected to his position as trustee of the filing organization.
Sch J, Part I, Line 7	Part I, Line 7: Non-Fixed payments not listed above	Various Officers and Key Employees have incentive compensation components contained in their employment agreements. These are often goal-based and are determined in the course of evaluation of the employee's performance by his or her supervisor or the compensation committee of the filing organization's board, as applicable. Others are awarded discretionary amounts, but within budgetary constraints. Other non-fixed payments may include sums for relocation that are typically included as a provision in an employment agreement. All such payments are reflected on the individual's W-2.
Sch J, Part I, Line 1a	Part I, Line 1a: Relevant information in regards to selections on 1a.	Charter Travel: Charter travel is sometimes made available for various business and scheduling needs of the officers traveling. Athletics personnel sometimes use charters for team travel. Many of the chartered flights provided during the year were donated to the university. As such travel is for business purposes only, it is not treated as taxable.Travel for companions: Reimbursed spousal travel is allowed per the filing organization's policy when pursuant to a bona fide business purpose. To the extent that there is a business purpose for the travel, it is not treated as taxable.Tax indemnification: Individuals may have certain payments grossed up at the discretion of the President, Board of Trustees, CFO, or as dictated by their employment contract. All such payments are considered taxable.The President is provided lodging for the convenience of the University as a condition of his employment, and as such, pursuant to IRC Section 119, it is not deemed a taxable benefit. Certain personal services, such as cleaning, landscaping and maintenance, are provided as part of the operation of the President's University-owned residence. Social Club dues are provided by the University when membership fulfills a university business purpose. All such dues are monitored for personal use and included in taxable compensation when applicable.The President has a discretionary spending account which is monitored against the University's Accountable Plan. Any expenses deemed personal are treated as taxable compensation.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
NC Capital Facs Fin Agcy
C	561592154	65818PEB1	2004-12-21	30760000	See Sch K, Part VI	false	false	false
NC Capital Facs Fin Agcy
B	561592154	65818PEC9	2004-12-21	36605000	See Sch K, Part VI	false	false	false
NC Capital Facs Fin Agcy
A	561592154	65818PHB8	2009-05-28	112612190	See Sch K, Part VI	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Bond ReferenceBondReferenceCd	Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Other Spent ProceedsOtherSpentProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Capitalized InterestCapitalizedInterest	Capital ExpendituresCapitalExpenditures
C	13280000	30760000	270000	30490000	1999	false	true	true	true
B	8540000	36605000	300161	36304839	2001	true	false	true	true
A		113514794	1108136	46716575	2013	true	false	true	true	5935159	59754924

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	true	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	true	MngmentCntrctBondFinancdPrprty
Engage Bond Counsel Contracts	true	EngageBondCounselContracts
Any Research Agreements	false	AnyResearchAgreements
Prcntge Prvt Business Use By Others	0.00000	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0.00365	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00365	TotalPrivateBusinessUse
Non Qualified Bond Remed Procdrs	true	NonQualifiedBondRemedProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Written Proc To Monitor ReqsWrittenProcToMonitorReqs
See Part V
C	false	true	8.5000	false	true	false	false	false
(no name)
B	false	false				false	false	true
(no name)
A	false	false				false	false	false

Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
C	true
B	true
A	true

Form990 Schedule K Part VI Form990ScheduleKPartVI

Field	Value	IRS element (for citing)
Identifier	Supplemental Information	Identifier
Return Reference	Part VI	ReturnReference
Explanation	SCHEDULE K, PART IBond A,Col(a) Issuer's Name: North Carolina Capital Facilities Finance AgencyBond A,Col(f) The Educational Facilities Revenue Bonds (Wake Forest University), Series 2009 were used for New Capital Facilities and to refund two lines of credit, dated 2/28/2007 and 11/4/2008. The credit lines originated to begin construction on the facilities which were ultimately financed by the Series 2009 TE Bonds.Bond B,Col(a) Issuer's Name: North Carolina Capital Facilities Finance AgencyBond B,Col(f) The Variable Rate Educational Facilities Revenue Bonds (Wake Forest University), Series 2004A, were used to refund two previous bond issues and a line of credit. Prior Bond issues refunded were dated 12/02/2000 (Exempt bonds) and 12/17/1997 (taxable bonds). The 2004A bond also refunded the line of credit, dated 11/1/2004, which had refunded the maturing principal due on 11/1/04 of the 12/17/1997 tax exempt bond issue. Bond C,Col(a) Issuer's Name: North Carolina Capital Facilities Finance AgencyBond C,Col(f) The Variable Rate Educational Facilities Revenue Bonds (Wake Forest University), Series 2004B were used for refunding the tax exempt bonds issued 12/17/1997. SCHEDULE K, PART IV, COLUMN C, LINE 3bHedge Providers: Bank of America, N.A. and Wachovia Bank, N.A. The Bank of America, N.A. hedge was terminated in 2009. The Wachovia Bank, N.A., now Wells Fargo Bank, N.A., hedge was terminated in 2011.	Explanation

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	Nathan Hatch	NamePerson
Relationship With Organization	Pres	RelationshipWithOrganization
Purpose Of Loan	Life ins	PurposeOfLoan
Loan From Organization	X	LoanFromOrganization
Original Principal	$274,707	OriginalPrincipalAmount
Balance Due	109883	BalanceDue
Default	false	Default
Approved By Board	true	ApprovedByBoard
Written Agreement	true	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	109883	TotalBalanceDue

Form990 Schedule L Part III Form990ScheduleLPartIII (3 entries)

Amount Of GrantAmountOfGrant	Type Of AssistanceTypeOfAssistance	Purpose Of AssistancePurposeOfAssistance	Name Of Interested PersonNameOfInterestedPerson	Relationship With OrganizationRelationshipWithOrganization
109414	Scholarships	Education
400	Raffle Prize	Fundraising	James G Conrad Jr	Spouse of Officer
81358	Tuition Waiv	Benefit Plan

Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Flow Performance CenterL
See Part V	105126	purchase of vehicles	false
Muriel Hopkins
See Part V	46685	Employee Wages	false
Julia Hatch
See Part V	57869	Employee Compensation	false
Blue CrossBlue Shield NC
See Part V	3536613	Health Plan Administrator	false
Brian A Kell
See Part V	49287	Employee Wages	false
IMG College
See Part V	118079	Athl supplies,services	false
IMG College
See Part V	2246805	Licensing Royalties	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Explanation	Part IIIThe University has an employee dependent tuition remission benefit plan, which is available to all employees and their eligible dependents.The filing organization's Board includes undergraduate student trustees who are financial aid recipients. As noted in Form 990, Part III, almost 60% of our graduate and undergraduate students receive financial aid. In the current year, financial aid was received by student trustees.Part IVIMG College: Organization trustee, Benjamin C. Sutton, Jr., is an officer of IMG College. WFU receives royalties from IMG's marketing of the University's trademarks and sports logo items. The University purchases certain supplies and services from IMG for use in its Athletic Program.Brian A. Kell: Family member of the organization's key employee, Dr. Jacquelyn S. Fetrow, was paid wages for his employment with the filing organization.Blue Cross/Blue Shield of North Carolina: A trustee of the filing organization, L. Steven Nelson, is the Chair of the Blue Cross/Blue Shield of North Carolina (BCBSNC) Board of Directors.Julia Hatch: Family member of the organization's president, Nathan O. Hatch, was paid wages for her employment with the filing organization.Muriel Hopkins: Family member of organization's trustee, Lawrence D. Hopkins, M.D., was paid wages for her employment with the filing organization.Flow Performance Center, LLC: Filing organization's trustee, Donald E. Flow, is an officer of the interested person, which sells vehicles to and services vehicles of the filing organization.	Explanation

Schedule M IRS990ScheduleM

Cars And Other Vehicles CarsAndOtherVehicles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	98	NumberOfContributions
Noncash Contribs Rptd F990	71025	NoncashContribsRptdF990
Method Of Determining Revenues	Sale proceeds	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	371	NumberOfContributions
Noncash Contribs Rptd F990	8798078	NoncashContribsRptdF990
Method Of Determining Revenues	Market Value	MethodOfDeterminingRevenues

Securities Prtnrshp Trust Intrsts SecuritiesPrtnrshpTrustIntrsts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	4	NumberOfContributions
Noncash Contribs Rptd F990	1892035	NoncashContribsRptdF990
Method Of Determining Revenues	FMV /Actuarial	MethodOfDeterminingRevenues

Real Estate Residential RealEstateResidential

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	450000	NoncashContribsRptdF990
Method Of Determining Revenues	Appraisal	MethodOfDeterminingRevenues

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	183	NumberOfContributions
Noncash Contribs Rptd F990	155294	NoncashContribsRptdF990
Method Of Determining Revenues	Retail	MethodOfDeterminingRevenues

Archaeological Artifacts ArchaeologicalArtifacts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	11	NumberOfContributions
Noncash Contribs Rptd F990	31192	NoncashContribsRptdF990
Method Of Determining Revenues	Appraisal	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (6 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	Benefit tickets	5	9681	Retail
X	Auction goods	13	5895	Sale proceeds
X	Soccer equip	1	1500	FMV
X	Supplies	14	9670	FMV
X	Furniture	2	15322	FMV
X	Computer Equip	42	55016	FMV

Field	Value	IRS element (for citing)
Number Of8283 Received	4	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	true	ReviewProcessUnusualNCGifts
Third Parties Used	true	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
Part I, Line 33, Revenues Not Reported	Wake Forest University received contributed services from donors valued at $418,887, courtesy cars used by employees make up a substantial portion of this.
Part I, Line 32, Hire and Use of Third Parties	Part I, Line 32b. The organization uses Charitable Auto Resources(CARS) to process and sell vehicle donations to its radio station. CARS acts as an agent for the Organization in this process, retaining a flat percentage fee and forwarding the net proceeds to the University.Various Banks and brokers are used to sell donated securities.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
Services provided to this and other related organizations, cont.	The following person was compensated directly by Wake Forest University Health Sciences, a subsidiary organization of the filing organization for services performed for Wake Forest University and other organizations related to Wake Forest University. The position in each organization, and the average hours per week that is devoted to each entity, are shown below.John D. McConnell, M.D.Exec. VP for Health Affairs, filing organization 2 hours per weekCEO, WFU Baptist Medical Center 5 hours per weekCEO, Director, WFU Health Sciences 9 hours per weekCEO, Director, North Carolina Baptist Hospital 20.6 hours per weekDirector, Wake Forest Innovation Quarter Management Co. 1 hour per weekDirector, Wake Forest Innovation Quarter CDC 1 hour per weekDirector, Wake Forest Innovation Quarter Development Co. 0.2 hours per weekDirector, Idealliance Foundation 0.2 hours per weekDirector/Chair, President, Dialysis Centers [Group Return] 0.5 hours per weekPresident, Dialysis Access Group of WFU, LLC 0.5 hours per week
Services Provided to this and other Related Organizations	The following persons were compensated directly by Wake Forest University for services performed for Wake Forest University and other organizations related to Wake Forest University. Each person's position in each organization, and the average hours per week that they devote to each entity, are shown below.Nathan O. Hatch, Ph.D.President, Filing Organization 29 hours per weekPresident, Wake Forest University Foundation 0.2 hours per weekPresident, Wake Forest University Development Foundation 0.3 hours per weekDirector and Officer, WFU Health Sciences 3 hours per weekOfficer, Reynolda House, Inc. 0.5 hours per weekDirector, Wake Forest University Baptist Medical Center 4 hours per weekDirector/Board Chair, Wake Forest Innovation Quarter CDC 2 hours per weekDirector, Wake Forest Innovation Quarter Management Co. 1 hour per weekJ. Reid MorganSecretary and General Counsel, Filing Organization 20 hours per weekSecretary, Wake Forest University Foundation 0.2 hours per weekSecretary, Wake Forest University Development Foundation 0.3 hours per weekSecretary and General Counsel, WFU Health Sciences 8 hours per weekAssistant Secretary, WFU Baptist Medical Center 8 hours per weekDirector, Secretary, Wake Forest Innovation Quarter CDC 2 hours per weekDirector, Secretary, WFIQ Management Co. 0.6 hours per weekSecretary, Wake Forest Innovation Quarter Development Co. 0.2 hours per weekSecretary, Idealliance Foundation 0.2 hours per weekSecretary, Dialysis Centers (Group Return) 0.5 hours per weekThe James W. Denmark Loan Fund, Incorporated 0.3 hours per weekAnita M. ConradAssistant Secretary, Filing Organization 20 hours per weekAssistant Secretary, Wake Forest University Foundation 0.2 hours per weekAssistant Secretary, WFU Development Foundation 0.3 hours per weekAssistant Secretary, WFU Health Sciences 10 hours per weekAssistant Secretary, Wake Forest Innovation Quarter CDC 5 hours per weekAssistant Secretary, WF Innovation Quarter Management Co. 1 hours per week Reynolda House 0.5 hours per weekWFU Baptist Medical Center 3 hours per weekB. Hofler MilamVice President, Filing Organization 39.0 hours per weekVice President, WFU Foundation 0.2 hours per weekVice President, WFU Development Foundation 0.3 hours per weekOfficer, Reynolda House 0.5 hours per weekJames J. DunnCheif Investment Officer, Filing Organization 39.5 hours per weekTreasurer, The James W. Denmark Loan Fund, Incorporated 0.5 hours per week[Duties include investment of endowment for the benefit of related organizations, Wake Forest University Health Sciences and Reynolda House, Inc.]Rogan KershProvost, Filing Organization 40.0 hours per week
PART V, LINE 4b: Foreign Accounts	INTEREST IN OR AUTHORITY OVER A FOREIGN ACCOUNTNAME OF COUNTRY: United Kingdom, France, Spain, Austria, Italy, Canada, Nicaragua, Cayman Islands.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	The organization's Articles of Incorporation are available to the public on request and are available on the website of the North Carolina Secretary of State. The organization's bylaws are not published, but provisions from the bylaws are included as necessary in the organization's policies. The organization's conflicts of interest policy is available to the public on request. The organization's consolidated financial statements are made available to the public on the University's website.	Form 990, Part VI, Line 19
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	An external compensation consultant experienced in higher education compensation presents available total compensation comparability data for the positions for which compensation is being determined. Other sources of data are used as well to supplement this process. The data is reviewed by the Compensation Committee of the organization's governing board at its meeting; none of the members of that committee are employees of the organization. The Compensation Committee of the organization's governing board has been delegated the authority to review and approve compensation. Minutes of the deliberations of the committee are contemporaneously recorded. In the event that any member of the Compensation Committee has a conflict of interest, that committee member does not participate in the deliberation or approval process and their abstention from the process is reflected in the minutes.	Form 990, Part VI, Line 15b
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management	An external compensation consultant experienced in higher education compensation presents available total compensation comparability data for the positions for which compensation is being determined. Other sources of data are used as well to supplement this process. The data is reviewed by the Compensation Committee of the organization's governing board at its meeting; none of the members of that committee are employees of the organization. The Compensation Committee of the organization's governing board has been delegated the authority to review and approve compensation. Minutes of the deliberations of the committee are contemporaneously recorded. In the event that any member of the Compensation Committee has a conflict of interest, that committee member does not participate in the deliberation or approval process and their abstention from the process is reflected in the minutes.	Form 990, Part VI, Line 15a
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	The organization requires officers and key employees to annually review the Conflicts of Interest Policy and describe any potential conflicts on a questionnaire. Any potential conflicts noted in the questionnaire are reviewed by a standing committee for appropriate resolution. All members of the Board of Trustees are required to determine and report annually, and as they arise, any potential conflicts of interest to the Secretary of the Board of Trustees. The resolution of potential and actual conflicts is subject to the approval of the Chair of the Board (or Vice Chair, as to conflicts involving the Chair) and is reported to the Chair of the Audit & Compliance Committee of the Board of Trustees.	Form 990, Part VI, Line 12c
Form 990, Part VI, Line 11b: Form 990 Review Process	The organization sends a draft of the Form 990 to its governing board (Board of Trustees) prior to its filing, allowing adequate time for follow-up questions and comments. The draft form is reviewed in detail with the Audit & Compliance Committee of the organization's Board of Trustees. The organization provides a copy of the Form 990 as finalized to all members of both the Audit & Compliance Committee and the entire Board of Trustees for comments and questions prior to filing the Form 990 with the IRS.	Form 990, Part VI, Line 11b
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	Winston-Salem is a relatively small city, and some of the officers, key employees, and trustees of the filing organization (the "specified group") have routine business dealings with each other. These include the following: the University's Key Employee, Steven Reinemund is on the Board of Directors of American Express, which company issues cards used by the University and a number of others in the specified group; another trustee is a Director of Blue Cross Blue Shield of North Carolina, which company provides health insurance plans/services to the filing organization and possibly others in the specified group and their businesses; some trustees are members or employees of law firms that provide legal services to some of the specified group or to businesses owned or operated by members of the specified group and to the filing organization; some members of the specified group do business with a car dealership owned by a trustee; and some members of the specified group have banking relationships with banks in which trustees are executives; members of the specified group may also have common investments. As noted in the response to Part VI, Question 12, however, the filing organization has a written conflict of interest policy designed to ensure that none of these transactions adversely affect the filing organization. Interested party transactions with the filing organization that meet the required thresholds, if any, are disclosed on Schedule L.	Form 990, Part VI, Line 2
Form 990, Part III, Line 4d: Other Program Services Description	OTHER PROGRAM SERVICES 4: Wake Forest University maintains a campus with academic buildings, research laboratories, student dormitories, with space for fraternities and sororities, and recreational facilities. The grounds add to the student experience. The organization also has other auxiliary enterprises designed to enhance and improve the University and the surrounding community. The University supports, with occasional gifts, local exempt organizations, in order to enhance arts and culture in the area.	Form 990, Part III, Line 4d
	Client Note 1 - Wake Forest University2012 year ended 6/30/2013Attachment to Form 990-TSTATEMENT 6PART V, LINE 1: INTEREST IN OR AUTHORITY OVER A FOREIGN ACCOUNTNAME OF COUNTRY: United Kingdom, France, Spain, Austria, Italy, Nicaragua, Canada, Cayman Islands.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)

Address Line1AddressForeign/AddressLine1	CityAddressForeign/City	Province Or StateAddressForeign/ProvinceOrState	CountryAddressForeign/Country	Postal CodeAddressForeign/PostalCode	Primary ActivitiesPrimaryActivities	Legal Domicile Foreign CountryLegalDomicileForeignCountry	EOY AssetsEOYAssets	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Legal Domicile StateLegalDomicileState	Total IncomeTotalIncome
Wake Forest University Spain SL
C/Toro 84-90 Oficina Izquierda	Salamanca	Salamanca	SP	37120	study abroad educ. activities	SP	29721	NA
Creative Cafe LLC
					Restaurant			NA	PO Box 7201	WinstonSalem	NC	27109	263700428	NC	7595
Deacon Blvd Holdings I LLC
					Real Estate Holding - Currently Inactive			NA	PO Box 7201	WinstonSalem	NC	27109	262203211	NC

Form990 Schedule R Part II Form990ScheduleRPartII (13 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg
The James W Denmark Loan Fund Inc
PO Box 7354	WinstonSalem	NC	27109	560774769	Student Loan Financing	NC	501(c)(3)	Line 11a, I	NA	false
WFUBMC Community Physicians CP
Medical Center Blvd	WinstonSalem	NC	27157	561903275	Operates Primary Care Clinics	NC	501(c)(3)	Line 3	WFU Health Sciences	false
Dialysis Access Group - Wake Forest Univ
Medical Center Blvd	WinstonSalem	NC	27157	204241942	Provide dialysis treatments to patients	NC	501(c)(3)	Line 9	WFU Health Sciences	false
Wake Forest Innovation Quarter CDC
Medical Center Blvd	WinstonSalem	NC	27157	200177581	Research Park & community economic development	NC	501(c)(3)	Line 11a, I	WFU Health Sciences	false
Idealliance Foundation
Medical Center Blvd	WinstonSalem	NC	27157	562094060	Educational activities supporting Idealliance	NC	501(c)(3)	Line 11a, I	WFU Health Sciences	false
Wake Forest Innovation Quarter Mgmt Co
Medical Center Blvd	WinstonSalem	NC	27157	061818498	Research park development oversight	NC	501(c)(3)	Line 11a, I	WFU Health Sciences	false
Wake Forest Innovation Quarter Devel Co
Medical Center Blvd	WinstonSalem	NC	27157	562094067	Research Park development	NC	501(c)(6)	Line 11a, I	WFU Health Sciences	false
Wake Forest Univ Health Sciences Group
Medical Center Blvd	WinstonSalem	NC	27157	900222618	Kidney dialysis treatment centers	NC	501(c)(3)	Line 11a, I	WFU Health Sciences	false
Wake Forest Univ Baptist Med Center
Medical Center Blvd	WinstonSalem	NC	27157	510190238	Supports WFU, WFU Health Sciences, NC Baptist Hospital	NC	501(c)(3)	Line 11a, I	WFU 50 & NC Baptist Hospital 50	false
Reynolda House Inc
PO Box 7287	WinstonSalem	NC	27109	560810676	Museum of American Art	NC	501(c)(3)	Line 7	Wake Forest University	true
Wake Forest University Development Fndn
PO Box 7201	WinstonSalem	NC	27109	562038194	Management/Sale of charitable real property donations	NC	501(c)(3)	Line 11a, I	Wake Forest University	true
Wake Forest University Health Sciences
Medical Center Blvd	WinstonSalem	NC	27157	223849199	Medical Education, research and patient care	NC	501(c)(3)	Line 2	Wake Forest University	true
Wake Forest University Foundation
PO Box 7201	WinstonSalem	NC	27109	562038193	Real Estate Holding and Management	NC	501(c)(3)	Line 11a, I	Wake Forest University	true

Form990 Schedule R Part IV Form990ScheduleRPartIV (14 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Type Of EntityTypeOfEntity	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership	Controlled OrgControlledOrg
WFU - 8 CRUT
PO BOX 7201	WINSTONSALEM	NC	27109	912131579	Investment	NC	WFU	T	64714	0.74900	false
WFU - 5 CRAT
PO Box 7201	WinstonSalem	NC	27109	566537111	Investment	NC	WFU	T	1302114	0.79420	false
WFU - 5 CRUT
PO Box 7201	WinstonSalem	NC	27109	566554614	Investment	NC	WFU	T	629696	0.68790	false
WFU - 5 CRUT
PO Box 7201	WinstonSalem	NC	27109	466427408	Investment	NC	WFU	T	150571	1.00000	false
WFU - 7 CRUT
PO Box 7201	WinstonSalem	NC	27109	582045283	Investment	NC	WFU	T	215731	0.51600	false
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27019	566476872	Investment	NC	WFU	T	125105	0.53640	false
WFU - 79 CRAT
PO Box 7201	WinstonSalem	NC	27109	566555544	Investment	NC	WFU	T	404385	0.64990	false
WFU - 5 CRAT
PO Box 7201	WinstonSalem	NC	27109	912054143	Investment	NC	WFU	T	57478	0.66780	false
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	900237204	Investment	NC	WFU	T	193828	0.64560	false
WFU - 6375 CRUT
PO Box 7201	WinstonSalem	NC	27109	566459446	Investment	NC	WFU	T	93720	0.58030	false
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	911832851	Investment	NC	WFU	T	375505	0.66440	false
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	566473036	Investment	NC	WFU	T	164125	0.66440	false
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	582175582	Investment	NC	WFU	T	34656	0.66420	false
WFU - 5 CRUT
PO Box 7201	WinstonSalem	NC	27109	566562122	Investment	NC	WFU	T	51276	0.64260	false

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	true	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	true	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	false	DividendsRelatedOrganization
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	true	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (7 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
Reynolda House Inc
q	2105526	Cash Transfer
Reynolda House Inc
b	490000	GeneralSupport
Wake Forest University Development Fndn
o	67146	FMV
Wake Forest University Health Sciences
q	9576459	Cash Transfer
Wake Forest University Health Sciences
p	3379139	Cash Transfer
Wake Forest University Health Sciences
c	1000000	Cash Transfer
Wake Forest University Foundation
o	80469	FMV

Form990 Schedule R Part VII Form990ScheduleRPartVII

Field	Value	IRS element (for citing)
Identifier	Related Party Disclosures	Identifier
Explanation	Pursuant to Articles of Amendment filed March 25, 2013 the following related organizations listed in Schedule R changed their names, as follows:"Piedmont Triad Research Park" became "Wake Forest Innovation Quarter CDC""PTRP Development Corporation" became "Wake Forest Innovation Quarter Management Co.""Idealliance" became "Wake Forest Innovation Quarter Development Co."	Explanation