WAKE FOREST UNIVERSITY: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: WAKE FOREST UNIVERSITY (EIN 56-0532138)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-05-13
IRS object ID: 201321339349303382
Schema version: 2011v1.5
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	2013-05-13T12:40:51-07:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	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	2013-05-10	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Nathan O Hatch PhD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO Box 7226	AddressLine1
City	WinstonSalem	City
State	NC	State
ZIP Code	27109	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	886400821	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	43	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	40	NbrIndependentVotingMembers
Total Nbr Employees	5631	TotalNbrEmployees
Total Nbr Volunteers	2150	TotalNbrVolunteers
Total Gross UBI	3415376	TotalGrossUBI
Net Unrelated Business Txbl Income	-1327892	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	118321877	ContributionsGrantsPriorYear
Contributions Grants Current Year	63600963	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	296020503	ProgramServiceRevenuePriorYear
Program Service Revenue CY	322090629	ProgramServiceRevenueCY
Investment Income Prior Year	38006414	InvestmentIncomePriorYear
Investment Income Current Year	28835303	InvestmentIncomeCurrentYear
Other Revenue Prior Year	7135244	OtherRevenuePriorYear
Other Revenue Current Year	8363364	OtherRevenueCurrentYear
Total Revenue Prior Year	459484038	TotalRevenuePriorYear
Total Revenue Current Year	422890259	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	74729447	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	81883378	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	190473838	SalariesEtcPriorYear
Salaries Etc Current Year	197560825	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	1017650	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	956384	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	19185092	TotalFundrsngExpCurrentYear
Other Expense Prior Year	115431335	OtherExpensePriorYear
Other Expenses Current Year	120001530	OtherExpensesCurrentYear
Total Expenses Prior Year	381652270	TotalExpensesPriorYear
Total Expenses Current Year	400402117	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	77831768	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	22488142	RevenuesLessExpensesCY
Total Assets BOY	1213005269	TotalAssetsBOY
Total Assets EOY	1221139374	TotalAssetsEOY
Total Liabilities BOY	325447085	TotalLiabilitiesBOY
Total Liabilities EOY	341216280	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	887558184	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	879923094	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	173351762	Expense
Grants	67655306	Grants
Revenue	253561295	Revenue
Description	Instruction of approximately 6,750 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 55 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. 60.6% of the graduate and undergraduate student population received financial aid awards. Approximately 4,093 students received scholarships or grants from the institution during the year.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	89367673	Expense
Grants	12211760	Grants
Revenue	77570497	Revenue
Description	Wake Forest maintains campus bookstores, housing and dining facilities, mail services and other program services, including Athletics. Athletic scholarships provided funding for 280 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	46436421	Expense
Grants	593361	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	24663678	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	753138	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	8911937	TotalOfOtherProgramServiceRev
Total Program Service Expense	333819534	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	false	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	8675	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	5631	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	true	ForeignFinancialAccount
Name Of Foreign Country	OC	NameOfForeignCountry
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	true	Form8282PropertyDisposedOf
Number Of8282 Filed	2	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
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	43	NbrVotingGoverningBodyMembers
Number Independent Voting Members	40	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	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
Policies Reference Chapters	false	PoliciesReferenceChapters
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	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	WA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	SC	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	RI	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	PA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	OK	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	OH	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MI	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	ME	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MD	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	IN	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	DC	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	CO	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	AZ	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	AK	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 (64 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
David W Dupree
Committee Chair	5.00	X	0	0	0
Charles Jeffrey Young
Trustee	3.00	X	0	0	0
Katherine B Wright
Trustee	3.00	X	0	0	0
James T Williams Jr
Board Chair	20.00	X	0	0	0
David I Wahrhaftig
Trustee	3.00	X	0	0	0
Cathy Wall Thomas MD
Trustee	3.00	X	0	0	0
Benjamin C Sutton Jr
Trustee	3.00	X	0	0	0
Janice K Story
Trustee	3.00	X	0	0	0
Adelaide A Sink
Comm Vice Chair	5.00	X	0	0	0
Matthew A Simari
Student Trustee	3.00	X	0	0	0
Mitesh B Shah
Committee Chair	5.00	X	0	0	0
Andrew J Schindler
Trustee	3.00	X	0	0	0
Deborah K Rubin
Committee Chair	3.00	X	0	0	0
Harold O Rosser
Trustee	3.00	X	0	0	0
Gerald F Roach
Comm Vice Chair	4.00	X	0	0	0
Michael G Queen
Trustee	3.00	X	0	0	0
Celeste M Pittman
Comm Vice Chair	3.00	X	0	0	0
L Steven Nelson
Trustee	3.00	X	0	0	0
Richard H Moore
Comm Vice Chair	3.00	X	0	0	0
Kenneth D Miller
Comm Vice Chair	3.00	X	0	0	0
John K Medica
Trustee	3.00	X	0	0	0
John M McAvoy
Trustee	3.00	X	0	0	0
James J Marino
Trustee	3.00	X	0	0	0
John R Lowden
Trustee	3.00	X	0	0	0
Donald D Leonard
Committee Chair	4.00	X	0	0	0
Deborah D Lambert
Committee Chair	5.00	X	0	0	0
Alice Kirby Horton
Trustee	3.00	X	0	0	0
Lawrence D Hopkins MD
Trustee	3.00	X	0	274458	42204
James R Helvey III
Comm Vice Chair	4.00	X	0	0	0
Donald E Flow
Board ViceChair	4.00	X	0	0	0
Michael AJ Farrell
Trustee	3.00	X	0	0	0
Frederick W Eubank II
Trustee	3.00	X	0	0	0
Candy M Ergen
Comm Vice Chair	3.00	X	0	0	0
Thomas A Dingledine
Committee Chair	5.00	X	0	0	0
Graham W Denton Jr
Committee Chair	5.00	X	0	0	0
Bobby R Burchfield
Committee Chair	4.00	X	0	0	0
Thomas W Bunn
Trustee	3.00	X	0	0	0
Peter C Brockway
Trustee	3.00	X	0	0	0
Donna A Boswell PhD
Committee Chair	6.00	X	0	0	0
Jeanne Whitman Bobbitt
Comm Vice Chair	4.00	X	0	0	0
Shelmer D Blackburn Jr
Trustee	3.00	X	0	0	0
Ranlet S Bell
Committee Chair	5.00	X	0	0	0
Diana M Adams
Trustee	3.00	X	0	0	0
John D McConnell MD
Exec VP-WFUBMC	2.00		0	1406492	638363	X
Mark E Welker PhD
Interim Provost	40.00		283359	0	41830	X
Anita M Conrad
Asst Secretary	20.00		153877	0	29260	X
James J Dunn
VP - CIO	40.00		772258	0	28806	X
J Reid Morgan
Secretary	20.00		421023	0	110325	X
B Hofler Milam
Sr. VP & CFO	39.00		425526	0	125101	X
Nathan O Hatch PhD
President	29.00		957446	0	342888	X
Mark A Petersen
VP - Advancement	40.00		434525	0	36670		X
Steven S Reinemund
Dean, School of Business	40.00		400037	0	40480		X
Ronald D Wellman
Director of Athletics	40.00		681700	0	255514		X
Jacquelyn S Fetrow PhD
Dean, Wake Forest College	40.00		263450	0	26099		X
Jim B Grobe
Football Coach	40.00		2211260	0	40375			X
Andrew Chan
VP Pers Career Dev	40.00		296632	0	34010			X
Jeffrey Bzdelik
Basketball Coach	40.00		1350686	0	37186			X
Blake D Morant
Dean, Sch of Law	40.00		361787	0	44858			X
Ajay Patel PhD
Prof, Sch of Busns	40.00		357554	0	45880			X
Matthew S Cullinan
Former VP Administration	40.00		246837	0	29679				X
Nancy D Suttenfield
Former CFO	40.00		376474	0	33763				X
Craig O Thomas
Former Asst Treas	40.00		265954	0	34162				X
William C Gordon PhD
Former Provost	40.00		211620	0	48876				X
Jill M Tiefenthaler
Former Provost	40.00		213624	0	27270				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	10685629	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	1680950	TotalReportableCompFrmRltdOrgs
Total Other Compensation	2093599	TotalOtherCompensation
Number Individuals GT100 K	345	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
Rodgers Builders Inc
5701 North Sharon Amity Road	Charlotte	NC	28215	Construction	4157076
Robert AM Stern Architects LLP
460 W 34th Street	New York	NY	10001	Architecture	2964875
Landmark Builders of the Triad Inc
3520 Triad Court	WinstonSalem	NC	27107	Construction	2838252
Frank L Blum Construction Company
830 25th St NE	WinstonSalem	NC	27105	Construction	13083524
Aramark Campus Services
1101 Market St 12th Fl	Philadelphia	PA	19107	Food Service	13739727

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	149	NumberOfContractorsGT100K
Fundraising Events	524838	FundraisingEvents
Related Organizations	1246169	RelatedOrganizations
Government Grants	10201739	GovernmentGrants
All Other Contributions	51628217	AllOtherContributions
Noncash Contributions	3916239	NoncashContributions
Total Contributions	63600963	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Tuition and Fees	611310	253561295	253561295
Telecom & Other Services	611710	3284497	3284497
Student Housing & Dining	721310	31140764	31140764
Organized Activities	515100	3915835	3320982	$594,853
Athletic Programs	711210	26236080	24964915	$1,271,165

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3952158	TotalRevenueColumn
Related Or Exempt Function Income	3326678	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	625480	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Program Service Revenue	322090629	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	16262084	TotalRevenueColumn
Unrelated Business Revenue	-1102562	UnrelatedBusinessRevenue
Exclusion	$17,364,646	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	30553	TotalRevenueColumn
Exclusion	$30,553	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1731498	TotalRevenueColumn
Exclusion	$1,731,498	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	7239155	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	8037726	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-798571	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-798571	TotalRevenueColumn
Exclusion	-$798,571	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	461294000	Securities
Other	379531	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	449130865	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	12163135	Securities
Other	379531	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	12542666	TotalRevenueColumn
Exclusion	$12,542,666	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	347647	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	524838	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	632630	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-284983	TotalRevenueColumn
Exclusion	-$284,983	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	12807168	GrossSalesOfInventory
Cost Of Goods Sold	5709341	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	7097827	TotalRevenueColumn
Unrelated Business Revenue	3274865	UnrelatedBusinessRevenue
Exclusion	$3,822,962	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue
World Cup Tennis	711210	397699	397699
Tennis Club	713940	186302	186302
Athletic Advertising	541800	33592	33592

Field	Value	IRS element (for citing)
Total Other Revenue	617593	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	422890259	TotalRevenueColumn
Related Or Exempt Function Income	319599131	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	3415376	UnrelatedBusinessRevenue
Exclusion	$36,274,789	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	791034	Total
Program Services	791034	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	80640094	Total
Program Services	80640094	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	452250	Total
Program Services	452250	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	5465355	Total
Program Services	982704	ProgramServices
Management And General	3030971	ManagementAndGeneral
Fundraising	1451680	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	154616193	Total
Program Services	127053497	ProgramServices
Management And General	18445537	ManagementAndGeneral
Fundraising	9117159	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	13015071	Total
Program Services	10295740	ProgramServices
Management And General	1853077	ManagementAndGeneral
Fundraising	866254	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	13328824	Total
Program Services	11172981	ProgramServices
Management And General	1061996	ManagementAndGeneral
Fundraising	1093847	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	11135382	Total
Program Services	8808788	ProgramServices
Management And General	1585448	ManagementAndGeneral
Fundraising	741146	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	364885	Total
Program Services	25709	ProgramServices
Management And General	339176	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	199110	Total
Program Services	8250	ProgramServices
Management And General	190860	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	956384	Total
Fundraising	956384	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	5359335	Total
Program Services	3433591	ProgramServices
Management And General	1924425	ManagementAndGeneral
Fundraising	1319	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	14648382	Total
Program Services	9590048	ProgramServices
Management And General	4325921	ManagementAndGeneral
Fundraising	732413	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	6762728	Total
Program Services	5229273	ProgramServices
Management And General	136123	ManagementAndGeneral
Fundraising	1397332	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	19583432	Total
Program Services	11231656	ProgramServices
Management And General	7026367	ManagementAndGeneral
Fundraising	1325409	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	6314944	Total
Program Services	5601546	ProgramServices
Management And General	522303	ManagementAndGeneral
Fundraising	191095	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	11797456	Total
Program Services	6879563	ProgramServices
Management And General	4718347	ManagementAndGeneral
Fundraising	199546	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	10196968	Total
Program Services	9167043	ProgramServices
Management And General	229822	ManagementAndGeneral
Fundraising	800103	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	2271419	Total
Program Services	1910853	ProgramServices
Management And General	284549	ManagementAndGeneral
Fundraising	76017	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	6533651	Total
Program Services	6533651	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	21771348	Total
Program Services	21771348	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	1802076	Total
Program Services	760153	ProgramServices
Management And General	1041796	ManagementAndGeneral
Fundraising	127	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Miscellaneous	135349	319801	-202187	17735
Auxiliary Enterprises	2894612	2892283	199	2130
Non Capital Equip & Furnishing	3602795	2563761	869203	169831
Library, Books & Subscriptions	5763040	5703917	13558	45565

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	400402117	Total
Program Services	333819534	ProgramServices
Management And General	47397491	ManagementAndGeneral
Fundraising	19185092	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	119405446	BOY
EOY	47619524	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	55418810	BOY
EOY	56594517	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	9484468	BOY
EOY	10206013	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	470265	BOY
EOY	164325	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	24415555	BOY
EOY	23563755	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1230981	BOY
EOY	1254872	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	665390	BOY
EOY	1560635	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	641719380	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	278795397	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	339986412	BOY
EOY	362923983	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	283823960	BOY
EOY	311518273	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	375303931	BOY
EOY	402728658	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	2800051	BOY
EOY	3004819	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1213005269	BOY
EOY	1221139374	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	30433698	BOY
EOY	28742019	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	10102501	BOY
EOY	9944581	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	15426184	BOY
EOY	15622907	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	165150000	BOY
EOY	160425000	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	363399	BOY
EOY	433145	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	29445842	BOY
EOY	32287282	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	74525461	BOY
EOY	93761346	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	325447085	BOY
EOY	341216280	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	433078694	BOY
EOY	426583122	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	248915455	BOY
EOY	244847287	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	205564035	BOY
EOY	208492685	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	887558184	BOY
EOY	879923094	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1213005269	BOY
EOY	1221139374	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	22488142	ReconcilationRevenueExpenses
Reconcilation Other Changes	-30123232	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
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 contacts 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.The office assisted in developing political advocacy strategies including the review of the June, 2012 U.S. Supreme Court ruling regarding the individual mandate and revisions to the Medicaid expansion provisions of the Patient Protection and Affordable Care Act (P.L. 111-148) (a/k/a the health care reform bill), and implementation of the provisions regarding the community health needs assessment, value based purchasing, essential health benefits for state health exchanges, residency slot reallocation, hospital readmissions, hospital acquired infections and the medical device tax. Staff worked on the various debt ceiling and deficit reduction legislation, including the Budget Control Act of 2011, and the Joint Select Committee on Deficit Reduction (a/k/a the Super Committee).Because of the preponderance of current Health Care legislation, the Government Relations Office of the filing organization's subsidiary spent little time in the current year on purely educational issues that would benefit the University.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Number Funds Held	1	NumberFundsHeld
Contrib To Funds And Other Accounts	28240	ContribToFundsAndOtherAccounts
Grants Funds And Other Accounts	125000	GrantsFundsAndOtherAccounts
Aggregate Fund Value	48482	AggregateFundValue
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	480207166	BeginningBalance
Additions During Year	7248137	AdditionsDuringYear
Distributions During Year	24869295	DistributionsDuringYear
Ending Balance	462586008	EndingBalance
Included On FS	true	IncludedOnFS

Current Year CurrentYear

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 Minus1 Year CurrentYearMinus1Year

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 Minus2 Years CurrentYearMinus2Years

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

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.38000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.29000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.33000	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	192362	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	12669023	OtherCostOrOtherBasis
Book Value	12861385	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	54016699	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	309005914	OtherCostOrOtherBasis
Depreciation	127802371	Depreciation
Book Value	235220242	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	153477724	OtherCostOrOtherBasis
Depreciation	93321977	Depreciation
Book Value	60155747	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	73190258	OtherCostOrOtherBasis
Depreciation	56411125	Depreciation
Book Value	16779133	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	39167400	OtherCostOrOtherBasis
Depreciation	1259924	Depreciation
Book Value	37907476	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	362923983	TotalOfBookValueLandBuildings
Total Of Book Value Securities	402728658	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Postretirement benefits	$14,699,535
Other liabilities and deferral	$52,411,761
Bond premium	$2,350,971
Annuities payable	$24,299,079

Field	Value	IRS element (for citing)
Total Of Amounts	93761346	TotalOfAmounts
Total Revenue	422890259	TotalRevenue
Total Expenses	400402117	TotalExpenses
Excess Or Deficit For Year	22488142	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-30123232	NetUnrealizedGLOnInvestments
Total Adjustments	-30123232	TotalAdjustments
Excess Or Deficit Per FS	-7635090	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	319691949	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-30123232	NetUnrealizedGainsInvestments
Other Revenues	14379697	OtherRevenues
Revenue Not Rptd F990	-15743535	RevenueNotRptdF990
Revenue Subtotal	335435484	RevenueSubtotal
Investment Expenses Not Included	5372429	InvestmentExpensesNotIncluded
Other Revenues Not Included	82082346	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	87454775	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	422890259	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	327327039	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	14379697	OtherExpensesIncluded
Expenses Not Rptd F990	14379697	ExpensesNotRptdF990
Expenses Subtotal	312947342	ExpensesSubtotal
Investment Expenses Not Included2	5372429	InvestmentExpensesNotIncluded2
Other Expenses Not Included	82082346	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	87454775	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	400402117	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (11 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
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 XIII, Line 4b	Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S	Tuition scholarship discounts $80554021 Transactons with related parties $1246169 Actuarial obligation adjustment $282446 Internal department allocations $-290
Part XIII, Line 2d	Part XIII, Line 2d: Other expenses and losses per audited F/S	Rental expenses $8037726 Cost of Goods Sold $5709341 Fundraising event expenses $632630
Part XII, Line 4b	Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S	Tuition scholarship discounts $80554021 Receipts from supporting orgs $1246169 Actuarial obligation adjustment $282446 Internal department allocations $-290
Part XII, Line 2d	Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990	Rental Expenses $8037726 Cost of Goods Sold $5709341 Fundraising event expenses $632630
Part XI, Line 8	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	Transfers from supp org, WFUDF $ -0
Part V, Line 4	Part V, Line 4: Intended uses of the endowment fund.	Approximately 36% of the expendable endowment funds provided scholarships for Wake Forest University students during the fiscal year. 26% was distributed for department chair and faculty positions, including funds for research professorships. 17% supported educational programs generally, the libraries and general university operations. 21% 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 (37 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
South Asia	0	0	Program Service	Research	232
Sub-Saharan Africa	0	0	Investment Book Value		12552000
South Asia	0	0	Investment Book Value		-603000
South America	0	0	Investment Book Value		22066000
Russia & Ind Sts	0	0	Investment Book Value		3952000
North America	0	0	Investment Book Value		5638000
Mid East & N Africa	0	0	Investment Book Value		2864000
East Asia & Pacfic	0	0	Investment Book Value		13762000
Europe & North Atlantic	0	0	Investment Book Value		86093000
Ctr America & Caribbean	0	0	Investment Book Value		2319000
North America	0	0	Program Service	Recruiting	400
Europe & North Atlantic	0	0	Program Service	Services	1558
South Asia	0	0	Program Service	Recruiting	625
East Asia & Pacific	0	0	Program Service	Recruiting	15020
Europe & North Atlantic	0	0	Program Service	Recruiting	55028
Sub-Saharan Africa	0	3	Program Service	Research	33627
Sub-Saharan Africa	0	0	Program Service	Conference	2238
South Asia	0	0	Program Service	Study Abroad	54247
South Asia	0	0	Program Service	Conference	4545
South America	0	0	Program Service	Study Abroad	208698
South America	0	0	Program Service	Research	129194
Ctr America & Caribbean	0	0	Program Service	Fundraising	762
North America	0	0	Program Service	Study Abroad	119
North America	0	0	Program Service	Research	1243
North America	0	0	Program Service	Conference	8077
Mid East & N Africa	0	0	Program Service	Study Abroad	23166
Mid East & N Africa	0	0	Program Service	Research	2560
Mid East & N Africa	0	0	Program Service	Conference	11813
Europe & North Atlantic	0	0	Program Service	Research	380516
Europe & North Atlantic	0	0	Program Service	Conference	66859
Europe & North Atlantic	5	35	Program Service	Study Abroad	2166947
East Asia & Pacific	0	0	Program Service	Study Abroad	76817
East Asia & Pacific	0	0	Program Service	Research	8831
East Asia & Pacific	0	0	Program Service	Conference	6437
Ctr America & Caribbean	0	0	Program Service	Conference	1351
Ctr America & Caribbean	0	0	Program Service	Research	4445
Ctr America & Caribbean	1	5	Program Service	Study Abroad	163998

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	6	SubtotalNumberOfOffices
Subtotal Number Of Employees	40	SubtotalNumberOfEmployees
Cont Number Of Employees	3	ContNumberOfEmployees
Total Number Of Offices	6	TotalNumberOfOffices
Total Number Of Employees	43	TotalNumberOfEmployees
Subtotal Amount Spent	3053135	SubtotalAmountSpent
Cont Amount Spent	149019218	ContAmountSpent
Total Amount Spent	152072353	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (3 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
MidEast & N Afr	Support	1000	Check
Eur N Atlantic	Student Prgm	416251	Check & Wire
E Asia & Pacif	Student Prgm	36000	Check & Wire

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	3	TotalNumberOf501c3Orgs

Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Student research grant	Russia & Ind Sts	1	500	Check/wire
Student research grant	Europe & N Atlant	4	9065	Check/wire
Student research grant	Ctr America & Caribb	1	559	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
Limelight Films
3127 Penneywell	Katy	TX	77494	Campaign Video	false	19995
Pentera Inc
8650 Comerce	Indianapol	IN	46268	Consultant	false	22040
(no name)
420 Lawndale Dr	Winston	NC	27104	Design Services	false	28855	Julie Helsabeck
Joel W Bowers
1920 Pacific Av	San Fran	CA	94109	Campaign Video	false	30000
Anne R Powell
61 Trowbridge	Belmont	MA	02478	Consultant	false	39321
Mark I McNutt
PO Box 115	Spinnersto	PA	18968	Consultant	false	46312
Marts & Lundy
1200 Wall St	Lyndhurst	NJ	07071	Consulting	false	49000
(no name)
PO Box 1645	Big Timber	MT	59011	Consulting	false	93447	Lawson Drinkard
Spotlight Media
1469 Beaverton	Winston	NC	27103	Campaign Video	false	97214
Sales Factory
1301 Carolina	Greensboro	NC	27401	Consultant	false	345816

Field	Value	IRS element (for citing)
Total Retained By Contractors	772000	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	488856	GrossReceiptsEvent1
Charitable Contributions Event1	488856	CharitableContributionsEvent1
Non Cash Prizes Event1	5901	NonCashPrizesEvent1
Food And Beverage Event1	321	FoodAndBeverageEvent1
Other Direct Expenses Event1	18530	OtherDirectExpensesEvent1
Name Of Event2	Alumni Events	NameOfEvent2
Gross Receipts Event2	343124	GrossReceiptsEvent2
Gross Revenue Event2	343124	GrossRevenueEvent2
Non Cash Prizes Event2	5149	NonCashPrizesEvent2
Rent Facility Costs Event2	27967	RentFacilityCostsEvent2
Food And Beverage Event2	125860	FoodAndBeverageEvent2
Entertainment Event2	49267	EntertainmentEvent2
Other Direct Expenses Event2	383195	OtherDirectExpensesEvent2
Total Number Of Other Events	1	TotalNumberOfOtherEvents
Gross Receipts Other Events	40505	GrossReceiptsOtherEvents
Charitable Contrib Other Events	35982	CharitableContribOtherEvents
Gross Revenue Other Events	4523	GrossRevenueOtherEvents
Non Cash Prizes Other Events	1126	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	6711	RentFacilityCostsOtherEvents
Food And Beverage Other Events	7709	FoodAndBeverageOtherEvents
Other Direct Expenses Other Events	894	OtherDirectExpensesOtherEvents
Gross Receipts Total	872485	GrossReceiptsTotal
Charitable Contributions Total	524838	CharitableContributionsTotal
Gross Revenue Total Events	347647	GrossRevenueTotalEvents
Non Cash Prizes Total Events	12176	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	34678	RentFacilityCostsTotalEvents
Food And Beverage Total Events	133890	FoodAndBeverageTotalEvents
Entertainment Total Events	49267	EntertainmentTotalEvents
Other Direct Expenses Total Events	402619	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	632630	DirectExpenseSummaryEvents
Net Income Summary	-284983	NetIncomeSummary

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (16 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
W-S Wesley Foundation
PO Box 7433	WinstonSalem	NC	27109	561560763	501(c)(3)	5500	0	Campus Ministries Contribution
W-S Chamber of Commerce
411 W Fourth St Ste 211	WinstonSalem	NC	27101	560459820	501(c)(6)	10000	0	General Support & Membership
Wake Forest College Birthplace Society
PO Box 494	Wake Forest	NC	27588	566072013	501(c)(3)	125000	0	Operations Support
Victory Junction Gang Camp
4500 Adams Way	Randleman	NC	27317	562215292	501(c)(3)	17665	0	SGA Contrib Children's Camp
United Way of Forsyth County
301 North Main Street	WinstonSalem	NC	27101	237357234	501(c)(3)	9860	0	Charitable Contribution
Reynolda House Inc
PO Box 7287	WinstonSalem	NC	27109	560810676	501(c)(3)	450000	0	Operations Support
Old Hickory Council BSA
6600 Silas Creek Parkway	WinstonSalem	NC	27106	560529985	501(c)(3)	9526	0	Charitable Contribution
Medical College of Wisconsin
8701 Watertown Plank Road	Milwaukee	WI	53226	390806261	501(c)(3)	8932	0	Research Subcontract
Leadership Winston-Salem
501 N Cleveland Ave Suite 3	WinstonSalem	NC	27101	581574887	501(c)(3)	6375	0	Sponsorship General Support
La Salle University
1900 West Olney Ave	Philadelphia	PA	19141	231352654	501(c)(3)	15537	0	Research Subcontract
Habitat For Humanity
339 Witt Street	WinstonSalem	NC	27103	561448955	501(c)(3)	30000	0	Habitat House Sponsor
Georgia Southern University
1332 Southern Drive	Statesboro	GA	30458	586002059	115(2)	82849	0	Research Subcontract
Forte Foundation
6628 Tasajillo Trail	Austin	TX	78739	611457145	501(c)(3)	12500	0	Contrib for Scholarship Opportunity
East Carolina University
1001 East 5th Street	Greenville	NC	27858	566000403	115(2)	6511	0	Research Subcontract
Campus Crusade for Christ
C/O Joe Hanes 4380 Bolsom Rd	Pfafftown	NC	27040	956006173	501(c)(3)	6800	0	Campus Ministry Contribution
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	15	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	1	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance
ROTC Scholarships	37	246034
Institutional Scholarships	390	2546940
Grants for Student Travel	417	344382
General Tuition Scholarships	3164		63932146	Univ. charges	Tuition discounts
Departmental Scholarships	531	930749
Athletic Tuition Awards	279		9383663	Univ. charges	Tuition discounts
Athletic Room & Board	197	2197667

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 (22 entries)

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
William C Gordon PhD
210858	762	21706	27170	260496
Steven S Reinemund
394037	6000	24500	15980	440517
Ronald D Wellman
654754	26946	240872	14642	937214
Nathan O Hatch PhD
740425	142021	286012	56876	1300334	75000
Nancy D Suttenfield
358613	17861	23105	10658	410237
Matthew S Cullinan
219360	7477	16665	13014	276516	20000
Mark E Welker PhD
268646	4713	24500	17330	325189	10000
Mark A Petersen
367851	16674	23125	13545	471195	50000
Lawrence D Hopkins MD
						123977	143293	7188	21968	20236	316662
John D McConnell MD
						983777	384203	38512	619002	19361	2044855
Jim B Grobe
2167628	20232	24500	15875	2251635	23400
Jill M Tiefenthaler
178743	9881	16841	10429	240894	25000
Jeffrey Bzdelik
1264679	81007	12250	24936	1387872	5000
James J Dunn
516712	5546	12250	16556	801064	250000
Jacquelyn S Fetrow PhD
235541	7909	17901	8198	289549	20000
J Reid Morgan
358673	12350	24500	85825	531348	50000
Craig O Thomas
195894	60	15375	18787	300116	70000
Blake D Morant
331800	14987	24500	20358	406645	15000
B Hofler Milam
396215	4311	105750	19351	550627	25000
Anita M Conrad
148739	138	15462	13798	183137	5000
Andrew Chan
222571	3866	16913	17097	330642	70195
Ajay Patel PhD
331416	138	24500	21380	403434	26000

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 the amount shown in column B (iii) of Part II, Schedule J for Dr. Hatch).J. Reid Morgan, Sr. VP and General Counsel of the filing organization, has $60,020 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.William C. Gordon, PhD, Former Provost, has $10,350 included in Schedule J, column D (Nontaxable benefits) for tuition provided to a family member under the Wake Forest University Tuition Concession Plan for Dependent Children, available to all employees.Jill M. Tiefenthaler, PhD, the organization's former Provost, was not employed at all during the organization's fiscal year, but is reported on Schedule J showing salary received during the 2011 W-2 calendar year through June 30, 2011, her last day of employment.Mark E. Welker, PhD was the Interim Provost during the entire fiscal year, but his Schedule J W-2 income shows compensation for the first six months of 2011 as a Professor and the last six months as Interim Provost.
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.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.Personal services, such as housekeeping, landscaping and maintenance, are provided for the President's University-owned residence. 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)

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

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

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	Amount UnspentAmountUnspent
10120000	30760000	270000	30490000	1999	false	true	true	true
6820000	36605000	300161	36304839	2001	true	false	true	true
	113510081	1108136	48903823		true	false	false	true	5884070	52216400	5397651

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
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	0.00357	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00357	TotalPrivateBusinessUse
Post Issuance Compliance Procdrs	true	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Term Of HedgeTermOfHedge	Superintegrated HedgeSuperintegratedHedge	Hedge TerminatedHedgeTerminated	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
See Part V
false	true	true	8.5000	false	true	false	false	false
(no name)
false	true	false				false	false	true
(no name)
false	false	false				false	false	false

Field	Value	IRS element (for citing)
Fed Tax Requirements Compliance	X	FedTaxRequirementsCompliance

Schedule L IRS990ScheduleL

Loan Table LoanTable (2 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Original PrincipalOriginalPrincipalAmount	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement	Balance DueBalanceDue
B Hofler Milam
Relocation bridge loan	X	$250,000	false	true	true
Nathan O Hatch PhD
Loan re: Life insurance	X	$274,707	false	true	true	164824

Field	Value	IRS element (for citing)
Total Balance Due	164824	TotalBalanceDue

Form990 Schedule L Part III Form990ScheduleLPartIII

Field	Value	IRS element (for citing)
Relationship With Organization	children of employees	RelationshipWithOrganization
Amount Of Grant	70370	AmountOfGrant
Type Of Assistance	Tuition Concession Plan	TypeOfAssistance

Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Muriel Hopkins
See Part V	44700	Employee Wages	false
Julia Hatch
See Part V	58033	Employee Compensation	false
Blue CrossBlue Shield NC
See Part V	2484426	Health Plan Administrator	false
Brian A Kell
See Part V	48823	Employee Wages	false
Dr Kevin N Rask
See Part V	10319	Employee Wages	false
IMG College
See Part V	93920	Athl supplies,services	false
IMG College
See Part V	2186560	Licensing Royalties	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Explanation	Part IIB. Hofler Milam paid the bridge loan in full on July 13, 2011.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.Dr. Kevin N. Rask: Family member of the organization's former officer, Dr. Jill M. Tiefenthaler, was paid wages by the filing organization during his employment with the filing organization as a faculty member.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.	Explanation

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	2	NumberOfContributions
Noncash Contribs Rptd F990	9500	NoncashContribsRptdF990
Method Of Determining Revenues	Appraisal	MethodOfDeterminingRevenues

Cars And Other Vehicles CarsAndOtherVehicles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	69	NumberOfContributions
Noncash Contribs Rptd F990	74450	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	233	NumberOfContributions
Noncash Contribs Rptd F990	2905278	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	2	NumberOfContributions
Noncash Contribs Rptd F990	398227	NoncashContribsRptdF990
Method Of Determining Revenues	FMV /Actuarial	MethodOfDeterminingRevenues

Real Estate Other RealEstateOther

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	8100	NoncashContribsRptdF990
Method Of Determining Revenues	Land lot	MethodOfDeterminingRevenues

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	18	NumberOfContributions
Noncash Contribs Rptd F990	136410	NoncashContribsRptdF990
Method Of Determining Revenues	Retail	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	Ethnoartifacts	12	239483	Appraisal
X	SoftwareLicense	1	17970	FMV
X	Bldg supplies	1	19129	FMV
X	Land fencing	2	14200	FMV
X	Furniture	2	33390	FMV
X	Computer Equip	56	60102	FMV

Field	Value	IRS element (for citing)
Number Of8283 Received	9	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 $340,130, 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 (13 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
Trustee Services Provided to Multiple Related Organizations, cont.	Mitesh B. ShahTrustee, Filing Organization 5 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekDirector, WFU Health Sciences 4 hours per weekAdelaide A. SinkTrustee, Filing Organization 5 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekJames T. Williams, Jr.Trustee, Filing Organization 20 hours per weekDirector, WFU Health Sciences 4 hours per week
Trustee Services Provided to Multiple Related Organizations	Peter C. BrockwayTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekDonna A. Boswell, Ph.D.Trustee, Filing Organization 6 hours per weekDirector, WFU Health Sciences 4 hours per weekDirector, WFU Baptist Medical Center 2 hours per weekThomas A. DingledineTrustee, Filing Organization 5 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekGraham W. Denton, Jr.Trustee, Filing Organization 5 hours per weekDirector, WFU Health Sciences 4 hours per weekDirector, WFU Baptist Medical Center 4 hours per weekCandy M. ErgenTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekFrederick W. Eubank, IITrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekMichael A. J. FarrellTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekDonald E. FlowTrustee, Filing Organization 4 hours per weekDirector, WFU Health Sciences 4 hours per weekDirector, WFU Baptist Medical Center 2 hours per weekJames R. Helvey, IIITrustee, Filing Organization 4 hours per weekDirector, WFU Health Sciences 4 hours per weekDeborah D. LambertTrustee, Filing Organization 5 hours per weekTrustee, WFU Foundation 1 hours per weekTrustee, WFU Development Foundation 1 hours per weekDonald D. LeonardTrustee, Filing Organization 4 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekJohn R. LowdenTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekJohn K. MedicaTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekJames J. MarinoTrustee, Filing Organization 5 hours per weekDirector, WFU Health Sciences 4 hours per weekKenneth D. MillerTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekGerald F. RoachTrustee, Filing Organization 4 hours per weekDirector, WFU Health Sciences 4 hours per weekHarold O. RosserTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekAndrew J. SchindlerTrustee, Filing Organization 3 hours per weekDirector, WFU Health Sciences 4 hours per weekDirector, WFU Baptist Medical Center 2 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, Piedmont Triad Research Park 2 hours per weekDirector, PTRP Development Corporation 1 hours 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 5 hours per weekAssistant Secretary, WFU Baptist Medical Center 6 hours per weekDirector, Secretary, Piedmont Triad Research Park 7 hours per weekDirector, Secretary, PTRP Development Corporation 0.6 hours per weekSecretary, Idealliance 0.2 hours per weekSecretary, Idealliance Foundation 0.2 hours per weekSecretary, Dialysis Centers (Group Return) 0.5 hours per weekAnita M. ConradAssistant Secretary, Filing Organization 20 hours per weekAssistant Secretary, Wake Forest University Foundation 1 hours per weekAssistant Secretary, WFU Development Foundation 1 hours per weekAssistant Secretary, WFU Health Sciences 8 hours per weekAssistant Secretary, Piedmont Triad Research Park 8 hours per weekAssistant Secretary, PTRP Development Corporation 2 hours per weekB. Hofler MilamVice President, Filing Organization 39.5 hours per weekVice President, WFU Foundation 0.2 hours per weekVice President, WFU Development Foundation 0.3 hours per weekJames J. DunnVice President, Filing Organization 40 hours per week[but duties include investment of endowment f/b/o related organizations, WFUHS and Reynolda House, Inc.].
Services provided to this and other related organizations	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, Piedmont Triad Research Park 1 hour per weekDirector, PTRP Development Corporation 1 hour per weekDirector, Idealliance 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
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 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 11: 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 11
Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents	Effective April 20, 2012, the governing board of the filing organization adopted several changes to the organizations governing documents; the two significant changes adopted are as follows: The filing organizations bylaws were amended to reflect the creation of a new category of board member, Young Alumni Trustee. The category permits the election of one or two such trustees, who have full voting authority as board members on an equal basis with the other trustees; the term of a Young Alumni Trustee may be one or two years (as opposed to the regular trustee term of four years). Finally, the qualifications for service as a Young Alumni Trustee are different: they must be an alumnus of the filing organization, be less than 36 years old at the time of their initial election, and may be re-elected to one additional consecutive two-year term. The second significant change clarified the roles of the governing board of the related organization, Wake Forest University Baptist Medical Center (WFUBMC) (of which related organization the filing organization is one of two equal members) and of the WFUBMC CEO, in the operation of the filing organizations School of Medicine, which has since 2002 been operated by Wake Forest University Health Sciences (WFUHS), itself a wholly-controlled subsidiary and supporting organization of the filing organization. These were clarifying changes mandated by the adoption in July 2010 of the Medical Center Integration Agreement by the filing organization, WFUBMC, WFUHS, and the affiliated (but unrelated) hospital organization, North Carolina Baptist Hospital. The filing organizations Policy Resolutions in implementation of its Bylaws were amended, in the section entitled Administration, to provide that The Wake Forest University Baptist Medical Center CEO serves as the senior corporate officer of Wake Forest University Health Sciences unless otherwise approved by the WFUBMC Board. The Medical Center CEO also serves as the Chief Academic Officer of the Medical Center and in that role, with the concurrence of the WFU President appoints the Dean of the School of Medicine. As the Chief Academic Officer, the Medical Center CEO also reports to the WFU President, with respect to the academic mission, as the WFU Executive Vice President for Health Affairs. Subject to the power and authority of the Board of Trustees and the University President, exercised consistently with the Medical Center Integration Agreement, the Executive Vice President for Health Affairs is responsible for all the affairs of the School of Medicine. The Executive Vice President of Health Affairs is a member of the faculty of the School of Medicine and is an ex-officio officer of each committee of the faculty or administration of the Medical School.	Form 990, Part VI, Line 4
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 University2011 year ended 6/30/2012Attachment to Form 990-TSTATEMENT 7PART 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	32912	NA
Creative Cafe LLC
					Restaurant		16049	NA	PO Box 7201	WinstonSalem	NC	27109	263700428	NC	204898
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 (12 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
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
Piedmont Triad Research Park
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	562094000	Educational activities supporting Idealliance	NC	501(c)(3)	Line 11a, I	WFU Health Sciences	false
PTRP Development Corp
Medical Center Blvd	WinstonSalem	NC	27157	061818498	Research park development oversight	NC	501(c)(3)	Line 11a, I	WFU Health Sciences	false
Idealliance
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 (11 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
WFU-5 CRAT
PO BOX 7201	WINSTONSALEM	NC	27109	566537111	Investment	NC	WFU TTEE	Trust	1202239	0.78180
WFU-79 CRAT
PO BOX 7201	WINSTONSALEM	NC	27109	566555544	Investment	NC	WFU TTEE	Trust	386897	0.63760
WFU-5 CRAT
PO BOX 7201	WINSTONSALEM	NC	27109	912054143	Investment	NC	WFU TTEE	Trust	56801	0.65520
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	900237204	Investment	NC	WFU TTEE	Trust	186427	0.63240
WFU - 6375 CRUT
PO Box 7201	WinstonSalem	NC	27109	566459446	Investment	NC	WFU TTEE	Trust	85589	0.53870
WFU - 6 CRUT
PO Box	WinstonSalem	NC	27109	911832851	Investment	NC	WFU TTEE	Trust	350931	0.63240
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	566473036	Investment	NC	WFU TTEE	Trust	153390	0.63240
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	582175582	Investment	NC	WFU TTEE	Trust	32411	0.63230
WFU - 7 CRUT
PO Box 7201	WinstonSalem	NC	27109	912129902	Investment	NC	WFU TTEE	Trust	385171	0.55620
WFU - 8 CRUT
PO Box 7201	WinstonSalem	NC	27109	912131579	Investment	NC	WFU TTEE	Trust	61865	0.72190
WFU - 5 CRUT
PO Box 7201	WinstonSalem	NC	27109	566562122	Investment	NC	WFU TTEE	Trust	48188	0.61790

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
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
b	450000	GeneralSupport
Wake Forest University Development Fndn
n	64789	FMV
Wake Forest University Development Fndn
c	246169	Cash Transfer
Wake Forest University Health Sciences
p	10130248	Cash Transfer
Wake Forest University Health Sciences
o	3739227	Cash Transfer
Wake Forest University Foundation
n	75286	FMV
Wake Forest University Foundation
d	231853	Cash

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