WAKE FOREST UNIVERSITY: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: WAKE FOREST UNIVERSITY (EIN 56-0532138)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2012-05-14
IRS object ID: 201211359349301551
Schema version: 2010v3.2
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	2012-05-14T07:50:09-07:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	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	Senior VP & CFO	Title
Date Signed	2012-05-14	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2010	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
Gross Receipts	632359872	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Group Exemption Number	3743	GroupExemptionNumber
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	44	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	41	NbrIndependentVotingMembers
Total Nbr Employees	5479	TotalNbrEmployees
Total Nbr Volunteers	1570	TotalNbrVolunteers
Total Gross UBI	792451	TotalGrossUBI
Net Unrelated Business Txbl Income	-3312775	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	48508165	ContributionsGrantsPriorYear
Contributions Grants Current Year	118321877	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	283221184	ProgramServiceRevenuePriorYear
Program Service Revenue CY	296020503	ProgramServiceRevenueCY
Investment Income Prior Year	17954608	InvestmentIncomePriorYear
Investment Income Current Year	38006414	InvestmentIncomeCurrentYear
Other Revenue Prior Year	10048678	OtherRevenuePriorYear
Other Revenue Current Year	7135244	OtherRevenueCurrentYear
Total Revenue Prior Year	359732635	TotalRevenuePriorYear
Total Revenue Current Year	459484038	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	69420845	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	74729447	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	173867840	SalariesEtcPriorYear
Salaries Etc Current Year	190473838	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	723710	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	1017650	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	17267204	TotalFundrsngExpCurrentYear
Other Expense Prior Year	109598174	OtherExpensePriorYear
Other Expenses Current Year	115431335	OtherExpensesCurrentYear
Total Expenses Prior Year	353610569	TotalExpensesPriorYear
Total Expenses Current Year	381652270	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	6122066	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	77831768	RevenuesLessExpensesCY
Total Assets BOY	1076404288	TotalAssetsBOY
Total Assets EOY	1213005269	TotalAssetsEOY
Total Liabilities BOY	321010163	TotalLiabilitiesBOY
Total Liabilities EOY	325447085	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	755394125	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	887558184	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	156504993	Expense
Grants	61747329	Grants
Revenue	236972506	Revenue
Description	Instruction of approximately 6,768 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 40 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. 60.8% of the graduate and undergraduate student population received financial aid awards. Approximately 4,113 students received scholarships from the institution during the year.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	85867394	Expense
Grants	11679144	Grants
Revenue	67021275	Revenue
Description	Wake Forest maintains campus bookstores, housing and dining facilities, mail services and other program services, including Athletics. Athletic scholarships provided funding for 285 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	49150953	Expense
Grants	600507	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	21850973	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	1133664	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	10257543	TotalOfOtherProgramServiceRev
Total Program Service Expense	313374313	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	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	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	8730	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	5479	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	UK	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	44	NbrVotingGoverningBodyMembers
Number Independent Voting Members	41	NumberIndependentVotingMembers
Family Or Business Relationship	false	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	VT	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	NY	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NH	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	MA	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	AR	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

Form990 Part VII Section A Form990PartVIISectionA (66 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	FormerFormer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Key EmployeeKeyEmployee	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
William C GordonPhD
Former Provost	40.00	X	205677	0	41981
W Louis Bissette Jr
Bd ViceCh/Comm	4.00		0	0	0	X
Thomas W Bunn
Trustee	4.00		0	0	0	X
Thomas A Dingledine
Trustee	3.00		0	0	0	X
Steven S Reinemund
Dean, School of Business	40.00		400250	0	40162		X
Ronald D Wellman
Director of Athletics	40.00		2397321	0	45269		X
Richard H Moore
Trustee	5.00		0	0	0	X
Nathan O Hatch PhD
President	25.00		1342373	0	116126			X
Nancy Suttenfield to 11810
Sr. VP & CFO	39.00		402704	0	30763			X
Mitesh B Shah
Trustee	3.00		0	0	0	X
Michael G Queen
Committee Chair	3.00		0	0	0	X
Matthew S Cullinan PhD
VP Admin	40.00		294826	0	30871			X
Matthew A King
Trustee/Comm Ch	4.00		0	0	0	X
Mark A Petersen
VP-Advancement	40.00		394620	0	37598		X
Louis R Morrell
Former Treasurer	20.00	X	264536	0	35833
Lisbeth C Evans
Trustee/Comm Ch	4.00		0	0	0	X
Lelia B Farr
Trustee	3.00		0	0	0	X
L Steven Nelson
Committee Chair	3.00		0	0	0	X
Kyle A Young MD
Trustee	4.00		0	0	0	X
Kenneth D Miller
Trustee	3.00		0	0	0	X
Katherine B Wright
Trustee	3.00		0	0	0	X
John P Anderson PhD
Former VP Finance/Admin	40.00	X	139393	0	29598
John M McAvoy
Trustee	3.00		0	0	0	X
John K Medica
Trustee	3.00		0	0	0	X
John I Bitove Jr
Trustee	5.00		0	0	0	X
Jocelyn Burton
Trustee/Comm Ch	3.00		0	0	0	X
Jim B Grobe
Football Coach	40.00		2214556	0	40242				X
Jill M Tiefenthaler PhD
Provost	40.00		395756	0	44858			X
Jerry H Baker
Trustee	3.00		0	0	0	X
Jeffrey Bzdelik
Basketball Coach	40.00		936824	0	27536				X
Jeanne Whitman Bobbitt
Trustee	3.00		0	0	0	X
James W Judson Jr deceased
Trustee	0.10		0	0	0	X
James T Williams Jr
Board Chair	20.00		0	0	0	X
James R Helvey III
Trustee	5.00		0	0	0	X
James J Dunn
VP - CIO	40.00		754574	0	16311			X
Jacquelyn S Fetrow PhD
Dean, Wake Forest College	40.00		254113	0	25537		X
J Lanny Wadkins Jr
Trustee	3.00		0	0	0	X
J Reid Morgan
Secretary	20.00		365229	0	49026			X
Gerald F Roach
Committee Chair	3.00		0	0	0	X
Frederick W Eubank II
Trustee	5.00		0	0	0	X
Dr Lloyd P Tate Jr
Trustee	3.00		0	0	0	X
Donna A Boswell PhD
Trustee	3.00		0	0	0	X
Donald E Flow
Vice Chair	3.00		0	0	0	X
Donald D Leonard
Trustee	3.00		0	0	0	X
Dino J Gaudio
Basketball Coach	40.00		1146102	0	12180				X
Diana M Adams
Trustee	5.00		0	0	0	X
Deborah K Rubin
Trustee/Comm Ch	3.00		0	0	0	X
Deborah D Lambert
Trustee/Comm Ch	3.00		0	0	0	X
David W Dupree
Trustee	8.00		0	0	0	X
David I Wahrhaftig
Trustee	3.00		0	0	0	X
Craig O Thomas
Former Asst Treas	40.00	X	196035	0	31664
Charles Jeffrey Young
Trustee	3.00		0	0	0	X
Celeste Mason Pittman
Trustee	3.00		0	0	0	X
Cathy Wall Thomas MD
Trustee/Comm Ch	3.00		0	0	0	X
Candy M Ergen
Trustee	3.00		0	0	0	X
Bobby R Burchfield
Trustee/Comm Ch	3.00		0	0	0	X
Blake D Morant
Dean, Sch of Law	40.00		354358	0	44055				X
Benjamin C Sutton Jr
Trustee	4.00		0	0	0	X
B Hofler Milamfrm 12610
Sr. VP & CFO	39.00		113447	0	3847			X
Ashley E Gedraitis
Trustee	3.00		0	0	0	X
Anita M Conrad
Asst Secretary	20.00		147521	0	29206			X
Andrew J Schindler
Trustee	3.00		0	0	0	X
Alice Kirby Horton
Trustee	3.00		0	0	0	X
Albert R Hunt
Trustee	3.00		0	0	0	X
Ajay PatelPhD
Prof, Sch of Busns	40.00		358158	0	46615				X
Adelaide A Sink
Trustee	3.00		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	13078373	TotalReportableCompFromOrg
Total Other Compensation	779278	TotalOtherCompensation
Number Individuals GT100 K	343	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
Landmark Builders of the Triad
3520 Triad Court	WinstonSalem	NC	27107	Construction	4828497
John S Clark Company LLC
11 Brookstone Avenue	WinstonSalem	NC	27101	Construction	2229194
IL Long Construction CO Inc
4117 Indiana Ave	WinstonSalem	NC	27105	Construction	2825816
Frank L Blum Construction Company
830 25th St NE	WinstonSalem	NC	27105	Construction	11387168
Aramark Campus Services
1101 Market St 12th Fl	Philadelphia	PA	19107	Food Service	12305164

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	107	NumberOfContractorsGT100K
Fundraising Events	448044	FundraisingEvents
Related Organizations	60464	RelatedOrganizations
Government Grants	11764747	GovernmentGrants
All Other Contributions	106048622	AllOtherContributions
Noncash Contributions	47763588	NoncashContributions
Total Contributions	118321877	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Tuition and Fees	611310	236972506	236972506
Student Housing & Dining	721310	28700407	28700407
Student Health Services	621400	2639208	2639208
Organized Activities	515100	3635407	3087026	$548,381
Athletic Programs	711210	20927390	19681185	$1,246,205

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3145585	TotalRevenueColumn
Related Or Exempt Function Income	3145585	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	296020503	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	14295548	TotalRevenueColumn
Unrelated Business Revenue	-2600909	UnrelatedBusinessRevenue
Exclusion	$16,896,457	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	345732	TotalRevenueColumn
Exclusion	$345,732	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1238176	TotalRevenueColumn
Exclusion	$1,238,176	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	7574734	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	8117278	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-542544	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-542544	TotalRevenueColumn
Exclusion	-$542,544	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	181566311	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	158047124	Securities
Other	154053	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	23519187	Securities
Other	-154053	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	23365134	TotalRevenueColumn
Exclusion	$23,365,134	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	236717	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	448044	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	532207	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-295490	TotalRevenueColumn
Exclusion	-$295,490	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	12567540	GrossSalesOfInventory
Cost Of Goods Sold	6025172	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	6542368	TotalRevenueColumn
Unrelated Business Revenue	3200626	UnrelatedBusinessRevenue
Exclusion	$3,341,742	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue
Tennis Club	713940	159142	159142
Athletic Advertising	541800	33592	33592

Field	Value	IRS element (for citing)
Total Other Revenue	192734	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	459484038	TotalRevenueColumn
Related Or Exempt Function Income	294225917	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	792451	UnrelatedBusinessRevenue
Exclusion	$46,143,793	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	1174716	Total
Program Services	1174716	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	73123824	Total
Program Services	73123824	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	430907	Total
Program Services	430907	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	6349373	Total
Program Services	1147339	ProgramServices
Management And General	3325471	ManagementAndGeneral
Fundraising	1876563	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	146386167	Total
Program Services	121045079	ProgramServices
Management And General	17897246	ManagementAndGeneral
Fundraising	7443842	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	12329053	Total
Program Services	9826431	ProgramServices
Management And General	1738933	ManagementAndGeneral
Fundraising	763689	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	15250987	Total
Program Services	11511478	ProgramServices
Management And General	2877046	ManagementAndGeneral
Fundraising	862463	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	10158258	Total
Program Services	8096988	ProgramServices
Management And General	1432262	ManagementAndGeneral
Fundraising	629008	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	660513	Total
Program Services	140576	ProgramServices
Management And General	519937	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	193490	Total
Program Services	8000	ProgramServices
Management And General	185490	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	1017650	Total
Fundraising	1017650	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	4387944	Total
Program Services	3061562	ProgramServices
Management And General	1324342	ManagementAndGeneral
Fundraising	2040	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	12318962	Total
Program Services	7332639	ProgramServices
Management And General	4718372	ManagementAndGeneral
Fundraising	267951	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	5369311	Total
Program Services	4444395	ProgramServices
Management And General	-550682	ManagementAndGeneral
Fundraising	1475598	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	19804153	Total
Program Services	11163085	ProgramServices
Management And General	7270935	ManagementAndGeneral
Fundraising	1370133	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	6618923	Total
Program Services	5365613	ProgramServices
Management And General	993737	ManagementAndGeneral
Fundraising	259573	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	11384237	Total
Program Services	8925563	ProgramServices
Management And General	2344882	ManagementAndGeneral
Fundraising	113792	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	9706280	Total
Program Services	8801041	ProgramServices
Management And General	84842	ManagementAndGeneral
Fundraising	820397	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	2550028	Total
Program Services	2054221	ProgramServices
Management And General	406016	ManagementAndGeneral
Fundraising	89791	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	6922665	Total
Program Services	6868977	ProgramServices
Management And General	53688	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	20186929	Total
Program Services	17160127	ProgramServices
Management And General	2987758	ManagementAndGeneral
Fundraising	39044	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	1781995	Total
Program Services	783094	ProgramServices
Management And General	998277	ManagementAndGeneral
Fundraising	624	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Non Capital Equip & Furnishing	4227383	2364649	1783498	79236
Miscellaneous	190078	19281	70711	100086
Library, Books & Subscriptions	6080409	5575671	449949	54789
Bad debt expense	618383	520585	97798
Auxiliary Enterprises	2429652	2428472	245	935

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	381652270	Total
Program Services	313374313	ProgramServices
Management And General	51010753	ManagementAndGeneral
Fundraising	17267204	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	170725663	BOY
EOY	119405446	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	38460180	BOY
EOY	55418810	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	7118774	BOY
EOY	9484468	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	621510	BOY
EOY	470265	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	24446271	BOY
EOY	24415555	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1761209	BOY
EOY	1230981	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	728282	BOY
EOY	665390	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	597946453	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	257960041	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	316528753	BOY
EOY	339986412	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	147649595	BOY
EOY	283823960	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	366691090	BOY
EOY	375303931	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	1672961	BOY
EOY	2800051	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1076404288	BOY
EOY	1213005269	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	24873807	BOY
EOY	30433698	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	10249193	BOY
EOY	10102501	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	15981152	BOY
EOY	15426184	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	169720000	BOY
EOY	165150000	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
EOY	363399	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	26552608	BOY
EOY	29445842	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	73633403	BOY
EOY	74525461	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	321010163	BOY
EOY	325447085	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	365366687	BOY
EOY	433078694	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	205378451	BOY
EOY	248915455	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	184648987	BOY
EOY	205564035	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	755394125	BOY
EOY	887558184	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1076404288	BOY
EOY	1213005269	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	77831768	ReconcilationRevenueExpenses
Reconcilation Other Changes	54332291	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 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.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Number Funds Held	1	NumberFundsHeld
Contrib To Funds And Other Accounts	73572	ContribToFundsAndOtherAccounts
Grants Funds And Other Accounts	150000	GrantsFundsAndOtherAccounts
Aggregate Fund Value	149610	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	403661131	BeginningBalance
Additions During Year	102048699	AdditionsDuringYear
Distributions During Year	25502664	DistributionsDuringYear
Ending Balance	480207166	EndingBalance
Included On FS	true	IncludedOnFS

Current Year CurrentYear

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 Minus1 Year CurrentYearMinus1Year

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

Current Year Minus2 Years CurrentYearMinus2Years

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

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.39000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.30000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.31000	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	265501	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	13379781	OtherCostOrOtherBasis
Book Value	13645282	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	50390583	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	303571061	OtherCostOrOtherBasis
Depreciation	119154469	Depreciation
Book Value	234807175	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	129049190	OtherCostOrOtherBasis
Depreciation	85060475	Depreciation
Book Value	43988715	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	62405487	OtherCostOrOtherBasis
Depreciation	52532677	Depreciation
Book Value	9872810	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	38884850	OtherCostOrOtherBasis
Depreciation	1212420	Depreciation
Book Value	37672430	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	339986412	TotalOfBookValueLandBuildings
Total Of Book Value Securities	375303931	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
Postretirement benefits	$13,331,648
Other liabilities and deferral	$37,443,514
Due from WFU Affiliate - Health Sciences	-$357,969
Bond premium	$2,438,044
Annuities payable	$21,670,224

Field	Value	IRS element (for citing)
Total Of Amounts	74525461	TotalOfAmounts
Total Revenue	459484038	TotalRevenue
Total Expenses	381652270	TotalExpenses
Excess Or Deficit For Year	77831768	ExcessOrDeficitForYear
Net Unrealized GL On Investments	52334106	NetUnrealizedGLOnInvestments
Other	$1,998,185	OtherAmount
Total Adjustments	54332291	TotalAdjustments
Excess Or Deficit Per FS	132164059	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	442396758	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	52334106	NetUnrealizedGainsInvestments
Other Revenues	14674657	OtherRevenues
Revenue Not Rptd F990	67008763	RevenueNotRptdF990
Revenue Subtotal	375387995	RevenueSubtotal
Investment Expenses Not Included	4399974	InvestmentExpensesNotIncluded
Other Revenues Not Included	79696069	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	84096043	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	459484038	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	310232699	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	14674657	OtherExpensesIncluded
Expenses Not Rptd F990	14674657	ExpensesNotRptdF990
Expenses Subtotal	295558042	ExpensesSubtotal
Investment Expenses Not Included2	4399974	InvestmentExpensesNotIncluded2
Other Expenses Not Included	81694254	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	86094228	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	381652270	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 $68620018 Transactons with related parties $2269207 Pledge allowance adjustment $4103622 Actuarial obligation adjustment $263525 Internal department allocations $6437882
Part XIII, Line 2d	Part XIII, Line 2d: Other expenses and losses per audited F/S	Rental expenses $8117278 Cost of Goods Sold $6025172 Fundraising event expenses $532207 Subsidiaries filing separate 990s $0
Part XII, Line 4b	Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S	Tuition scholarship discounts $68620018 Receipts from supporting org, WFUDF $60464 Internal revenue allocations $0 Pledge allowance adjustment $4103622 Actuarial obligation adjustment $474083 Internal department allocations $6437882
Part XII, Line 2d	Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990	Rental Expenses $8117278 Cost of Goods Sold $6025172 Fundraising event expenses $532207 Subsidiaries filing separate 990s $0
Part XI, Line 8	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	Income of subsidiaries filing separate 990's $2058649 Transfers from supp org, WFUDF $ -60464
Part V, Line 4	Part V, Line 4: Intended uses of the endowment fund.	Approximately 40% of the expendable endowment funds provided scholarships for Wake Forest University students during the fiscal year. 22% was distributed for department chair and faculty positions, including funds for research professorships. 12% supported educational programs generally, the libraries and general university operations. 26% 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 (38 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures	Specific Services ProvidedSpecificServicesProvided
Sub-Saharan Africa	0	0	Investments	13819000
South Asia	0	0	Investments	9676000
South America	0	0	Investments	22903000
Russia & Ind Sts	0	0	Investments	7528000
North America	0	0	Investments	19078000
Mid East & N Africa	0	0	Investments	6499000
East Asia & Pacfic	0	0	Investments	82138000
Europe & North Atlantic	0	0	Investments	60420000
Ctr America & Caribbean	0	0	Investments	693000
North America	0	0	Program Services	23908	Services
Russia & Ind Sts	0	0	Program Service	2000	Research
North America	0	0	Program Service	423	Recruiting
Europe & North Atlantic	0	0	Program Service	1410	Fundraising
East Asia & Pacific	0	0	Program Service	2791	Fundraising
East Asia & Pacific	0	0	Program Service	9634	Recruiting
Sub-Saharan Africa	0	0	Program Service	9533	Study Abroad
Sub-Saharan Africa	0	3	Program Service	38081	Research
Sub-Saharan Africa	0	0	Program Service	2740	Conference
South Asia	0	0	Program Service	5021	Study Abroad
South Asia	0	0	Program Service	8486	Research
South America	0	0	Program Service	165432	Study Abroad
South America	0	0	Program Service	92373	Research
South America	0	0	Program Service	5208	Conference
North America	0	0	Program Service	19388	Study Abroad
North America	0	0	Program Service	12398	Research
North America	0	0	Program Service	50046	Conference
Mid East & N Africa	0	0	Program Service	46627	Study Abroad
Mid East & N Africa	0	0	Program Service	6105	Research
Mid East & N Africa	0	0	Program Service	10366	Conference
Europe & North Atlantic	0	0	Program Service	129283	Research
Europe & North Atlantic	0	0	Program Service	79018	Conference
Europe & North Atlantic	5	33	Program Service	2695330	Study Abroad
East Asia & Pacific	0	0	Program Service	84164	Study Abroad
East Asia & Pacific	0	0	Program Service	24218	Research
East Asia & Pacific	0	0	Program Service	21070	Conference
Ctr America & Caribbean	0	0	Program Service	3469	Conference
Ctr America & Caribbean	0	0	Program Service	7029	Research
Ctr America & Caribbean	1	9	Program Service	851607	Study Abroad

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	6	SubtotalNumberOfOffices
Subtotal Number Of Employees	42	SubtotalNumberOfEmployees
Cont Number Of Employees	3	ContNumberOfEmployees
Total Number Of Offices	6	TotalNumberOfOffices
Total Number Of Employees	45	TotalNumberOfEmployees
Subtotal Amount Spent	4137699	SubtotalAmountSpent
Cont Amount Spent	223023459	ContAmountSpent
Total Amount Spent	227161158	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (4 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
SubSaharan Afr	Support	3600	Check
Eur North Atl	Stu Programs	384850	Check & wire
E Asia Pacific	Stu Programs	29103	Check & wire
Cen Am Carib	Support	1300	Check

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	4	TotalNumberOf501c3Orgs

Grants To Ind Outside US GrantsToIndOutsideUS (5 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Student research grant	South America	2	2177	Check/wire
Student research grant	Russia & Ind Sts	1	500	Check/wire
Student research grant	North America	3	2387	Check/wire
Student research grant	Europe & N Atlant	3	1965	Check/wire
Student research grant	Ctr America & Caribb	8	5025	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 (8 entries)

Fundraiser Control Of FundsFundraiserControlOfFunds	Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	ActivityActivity	Amount Retained By ContractorAmountRetainedByContractor	Name Of IndividualNameOfIndividual
(no name)
false
ScreamerVision
false	27 W 35th St	New Nork	NY	10001	Produce DVDs	5847
(no name)
false	350 Prospect St	Seekonk	MA	02771	Consultant	15013	Julia Emlen
(no name)
false	420 Lawndale Dr	Winston	NC	27104	Design Services	25430	Julie Helsabeck
Marts & Lundy
false	1200 Wall St	Lyndhurst	NJ	07071	Consulting	70160
(no name)
false	PO Box 1645	Big Timber	MT	59011	Consulting	97754	Lawson Drinkard
Seftel Prod
false	347 W 36th St	New York	NY	10018	Campaign Video	115000
Sterner-Sedeno
false	7228 Brennans P	Dallas	TX	75214	Consulting	149400

Field	Value	IRS element (for citing)
Total Retained By Contractors	478604	TotalRetainedByContractors
Licensed States	DC	LicensedStates
Licensed States	WY	LicensedStates
Licensed States	WI	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	WA	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	VA	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	NY	LicensedStates
Licensed States	ND	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	AZ	LicensedStates
Licensed States	AR	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	445440	GrossReceiptsEvent1
Charitable Contributions Event1	437443	CharitableContributionsEvent1
Gross Revenue Event1	7997	GrossRevenueEvent1
Non Cash Prizes Event1	7997	NonCashPrizesEvent1
Food And Beverage Event1	1129	FoodAndBeverageEvent1
Other Direct Expenses Event1	42457	OtherDirectExpensesEvent1
Name Of Event2	Alumni Events	NameOfEvent2
Gross Receipts Event2	205628	GrossReceiptsEvent2
Gross Revenue Event2	205628	GrossRevenueEvent2
Rent Facility Costs Event2	6025	RentFacilityCostsEvent2
Food And Beverage Event2	142484	FoodAndBeverageEvent2
Entertainment Event2	99792	EntertainmentEvent2
Other Direct Expenses Event2	195464	OtherDirectExpensesEvent2
Total Number Of Other Events	2	TotalNumberOfOtherEvents
Gross Receipts Other Events	33693	GrossReceiptsOtherEvents
Charitable Contrib Other Events	10601	CharitableContribOtherEvents
Gross Revenue Other Events	23092	GrossRevenueOtherEvents
Non Cash Prizes Other Events	2073	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	8234	RentFacilityCostsOtherEvents
Food And Beverage Other Events	3251	FoodAndBeverageOtherEvents
Entertainment Other Events	3963	EntertainmentOtherEvents
Other Direct Expenses Other Events	19338	OtherDirectExpensesOtherEvents
Gross Receipts Total	684761	GrossReceiptsTotal
Charitable Contributions Total	448044	CharitableContributionsTotal
Gross Revenue Total Events	236717	GrossRevenueTotalEvents
Non Cash Prizes Total Events	10070	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	14259	RentFacilityCostsTotalEvents
Food And Beverage Total Events	146864	FoodAndBeverageTotalEvents
Entertainment Total Events	103755	EntertainmentTotalEvents
Other Direct Expenses Total Events	257259	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	532207	DirectExpenseSummaryEvents
Net Income Summary	-295490	NetIncomeSummary

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (21 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
WPDA INC
1001 West Fourth Street	WinstonSalem	NC	27101	453814914	501(c)(3)	150000	0	Program Charitable Contributn
Winthrop University
701 Oakland Ave	Rock Hill	SC	29733	576001204	501(c)(3)	16915	0	Research Sub- contract
Western Carolina University
HFR Admin Bldg Rm 317	Cullowhee	NC	28723	566001440	115(a)(2)	12363	0	DHS Sub- contract
Wake Forest College Birthplace Society
PO Box 494	Wake Forest	NC	27588	566072013	501(c)(3)	150000	0	Operations Support
Univ of Oklahoma Fndn
100 Timberdell Rd	Norman	OK	73019	736091755	501(c)(3)	7000	0	Program Contributn
United Way of Forsyth County
301 North Main Street	WinstonSalem	NC	27101	237357234	501(c)(3)	25196	0	Charitable Contrib
UNC School of the Arts
1533 S Main Street	WinstonSalem	NC	27127	566065273	115(a)(2)	30922	0	Sponsored Sub- contract
UNC Chapel Hill
208 West Franklin Street	Chapel Hill	NC	27599	699091994	115(a)(2)	7500	0	ACC Int'l Conf Schol'ship
UNC Chapel Hill
208 West Franklin Street	Chapel Hill	NC	27599	699091994	115(a)(2)	10982	0	Research Sub- contract
Texas A&M - AgriLife Research
2147 TAMU	College Station	TX	77843	746000531	115(a)(2)	10750	0	Research Sub- contract
Smithsonian Inst
1000 Jefferson Dr SW	Washington	DC	20560	530206027	501(c)(3)	12500	0	Charitable Contrib
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)	10000	0	Charitable Contrib
NJ Institute of Technology
323 Martin Luther King Jr Blvd	Newark	NJ	07102	226000910	115(a)(2)	23806	0	Research Subcontract
New England Baptist Hospital
125 Parker Hill Avenue	Boston	MA	02120	042103612	501(c)(3)	32913	0	Research Subcontract
Medical College of Wisconsin
8701 Watertown Plank Road	Milwaukee	WI	53226	390806261	501(c)(3)	14234	0	Research Subcontract
La Salle University
1900 West Olney Ave	Philadelphia	PA	19141	231352654	501(c)(3)	27577	0	Research Subcontract
Kids Childhood Cancer
930 Biloxi Avenue	Kernersville	NC	27284	270304893	501(c)(3)	20808	0	Charitable Contrib
Forte Foundation
6628 Tasajillo Trail	Austin	TX	78739	611457145	501(c)(3)	12500	0	Charitable Contrib
Eastern Michigan Univ
1000 College Place	Ypsilanti	MI	48197	386005986	115(a)(2)	13517	0	Research Subcontract
Duke University
324 Blackwell Street	Durham	NC	27701	560532129	501(c)(3)	84800	0	ACC Int'l Conf Scholarships

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	21	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	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
State Provided Scholarships	1144	2141036
ROTC Scholarships	35	283371
Grants for Student Travel	319	209210
General Tuition Scholarships	3188		59030076	Univ. charges	Tuition discounts
Federal Aid Scholarships	687	1536136
Departmental Scholarships	647	748006
Athletic Tuition Awards	285		9175989	Univ. charges	Tuition discounts

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 (20 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg
William C GordonPhD
205281	396	17755	24226	247658
Steven S Reinemund
394245	6005	24500	15662	440412
Ronald D Wellman
630015	1767306	24500	20769	2442590
Nathan O Hatch PhD
624297	668076	55078	61048	1458499	50000
Nancy Suttenfield to 11810
341629	16075	20927	9836	433467	45000
Matthew S Cullinan PhD
262279	7547	18375	12496	325697	25000
Mark A Petersen
353062	16558	24500	13098	432218	25000
Louis R Morrell
205273	29396	23787	12046	300369	29867
John P Anderson PhD
138281	1112	14516	15082	168991
Jim B Grobe
2168777	18839	24500	15742	2254798	26940
Jill M Tiefenthaler PhD
351962	18794	24500	20358	440614	25000
Jeffrey Bzdelik
930238	6486	12250	15286	964360	100
James J Dunn
502995	1579		16311	770885	250000
Jacquelyn S Fetrow PhD
226272	7841	17213	8324	279650	20000
J Reid Morgan
303894	11335	24500	24526	414255	50000
Dino J Gaudio
248362	867640	6253	5927	1158282	30100
Craig O Thomas
195975	60	15188	16476	227699
Blake D Morant
324305	15053	24500	19555	398413	15000
Anita M Conrad
144833	188	15074	14132	176727	2500
Ajay PatelPhD
322687	471	24500	22115	404773	35000

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 for the purchase of life insurance, creating taxable compensation in the amount of $621,510 (included in the amount shown in column B (iii) of Part II, Schedule J for Dr. Hatch).Ronald D. Wellman received $1,737,619 (included in column B (iii) of Part II, Schedule J) from the payout of his deferred compensation arrangement which accrued from 1995 through 2010 and vested during the 2010 W-2 year reported herein.John P. Anderson, PhD, the former VP Finance and Administration, was employed as a faculty member of the University during the year and is compensated solely in that capacity. Dr. Anderson retired in May, 2011.Louis R. Morrell, former Treasurer, was not compensated during the tax year. His retirement occurred 6/30/10, therefore he was not an Officer or employee in this year. However, his reported salary is based on calendar year 2010, during which he was an employee for six months.
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 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: Spousal travel is allowed when pursuant to a bona fide business purpose and/or approved by the President or Cabinet. 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 V	false	false	false
NC Capital Facs Fin Agcy
561592154	65818PEC9	2004-12-21	36605000	See Sch K, Part V	false	false	false
NC Capital Facs Fin Agcy
561592154	65818PHB8	2009-05-28	112612190	See Sch K, Part V	false	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Amount RetiredAmountRetired	Total ProceedsTotalProceeds	Refunding EscrowRefundingEscrow	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Capitalized InterestCapitalizedInterest	Capital ExpendituresCapitalExpenditures	Other Spent ProceedsOtherSpentProceeds	Amount UnspentAmountUnspent
7065000	30760000	30490000	270000	2001	false	true	true	true
5150000	36605000	36304839	300161	1999	true	false	true	true
	113479528	38662147	1108136		true	false	false	true	5884070	48100681	5891698	13832796

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
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	true	BondCounselRoutinelyEngaged
Prcntge Prvt Business Use By Others	0.00000	PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI	0.00000	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00000	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

Form990 Schedule K Part V Form990ScheduleKPartV

Field	Value	IRS element (for citing)
Explanation	SCHEDULE K, PART IBond A,Col(a) Issuer's Name: North Carolina Capital Facilities Finance AgencyBond A,Col(f) The Educational Facilities Revenue Bonds (Wake Forest University), Series 2009 were used for New Capital Facilities and to refund two lines of credit, dated 2/28/2007 and 11/4/2008. The credit lines originated to begin construction on the facilities which were ultimately financed by the Series 2009 TE Bonds. Proceeds from this issue have not been fully expended and the year of substantial completion of the bond projects is not yet known.Bond B,Col(a) Issuer's Name: North Carolina Capital Facilities Finance AgencyBond B,Col(f) The Variable Rate Educational Facilities Revenue Bonds (Wake Forest University), Series 2004A, were used to refund two previous tax exempt bond issues and a line of credit. Tax Exempt Bond issues refunded were dated 12/02/2000 and 12/17/1997. The 2004A bond also refunded the line of credit, dated 11/1/2004, which had refunded the 11/1/04 maturing principal due on the 12/17/1997 bond issue. Bond C,Col(a) Issuer's Name: North Carolina Capital Facilities Finance AgencyBond C,Col(f) The Variable Rate Educational Facilities Revenue Bonds (Wake Forest University), Series 2004B were used for refunding the tax exempt bonds issued 12/17/1997. SCHEDULE K, PART IV, COLUMN C, LINE 3bHedge Providers: Bank of America, N.A. and Wachovia Bank, N.A. The Bank of America, N.A. hedge was terminated in 2009. The Wachovia Bank, N.A., now Wells Fargo Bank, N.A., hedge was terminated in 2011.	Explanation

Schedule L IRS990ScheduleL

Loan Table LoanTable (2 entries)

Purpose Of LoanPurposeOfLoan	Loan From OrganizationLoanFromOrganization	Original PrincipalOriginalPrincipalAmount	Balance DueBalanceDue	DefaultDefault	Approved By BoardApprovedByBoard	Written AgreementWrittenAgreement
B Hofler Milam
Relocation bridge loan	X	$250,000	250499	false	true	true
Nathan O Hatch PhD
Loan re: Life insurance	X	$274,707	219766	false	true	true

Field	Value	IRS element (for citing)
Total Balance Due	470265	TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV (11 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Julia Hatch
See Part V	25000	Employee Wages	false
BB&T Corp
See Part V	741140	Corporate Sponsorship	false
Blue CrossBlue Shield NC
See Part V	1600601	Health Plan Administrator	false
BB&T Corp
See Part V	1057999	Rental income	false
Brian A Kell
See Part V	48436	Employee Wages	false
Dr Kevin N Rask
See Part V	123828	Employee Wages	false
Flow Automotive Companies
See Part V	103046	Purchase vehicles, repair	false
Internatl Sports Properties Inc
See Part V	98194	Sports Marketing svcs	false
Internatl Sports Properties Inc
See Part V	2116908	Licensing Royalties	false
Muriel Hopkins
See Part V	39278	Employee wages	false
BB&T Corp
See Part V	141630	Bank Fees & Loan Interest	false

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Explanation	Part IIB. Hofler Milam paid his the bridge loan in full on July 13, 2011.Part IVBB&T Corp: A former trustee of the organization, Robert E. Greene, is an officer of BB&T Corp. Muriel Hopkins: Family member of organization's former trustee, Lawrence D. Hopkins, M.D.International Sports Properties, Inc. (ISP): Organization trustee, Benjamin C. Sutton, Jr., is an officer and owner of ISP. Flow Automotive Companies: Organization trustee, Donald E. Flow, is the president and majority owner of Flow Automotive Companies.Dr. Kevin N. Rask: Family member of the organization's officer, Dr. Jill M. Tiefenthaler.Brian A. Kell: Family member of the organization's key employee, Dr. Jacquelyn S. Fetrow.Blue Cross/Blue Shield of North Carolina: The organization's trustee, James T. Williams, Jr., is a director of Blue Cross/Blue Shield of North Carolina (BCBSNC).Julia Hatch: Family member of the organization's president, Nathan O. Hatch.	Explanation

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	40000	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	91	NumberOfContributions
Noncash Contribs Rptd F990	76315	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	316	NumberOfContributions
Noncash Contribs Rptd F990	7032235	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	5	NumberOfContributions
Noncash Contribs Rptd F990	41987436	NoncashContribsRptdF990
Method Of Determining Revenues	FMV /Actuarial	MethodOfDeterminingRevenues

Securities Miscellaneous SecuritiesMiscellaneous

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	2	NumberOfContributions
Noncash Contribs Rptd F990	8459	NoncashContribsRptdF990
Method Of Determining Revenues	CSV life ins	MethodOfDeterminingRevenues

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	46	NumberOfContributions
Noncash Contribs Rptd F990	32323	NoncashContribsRptdF990
Method Of Determining Revenues	Cost	MethodOfDeterminingRevenues

Archaeological Artifacts ArchaeologicalArtifacts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	252	NumberOfContributions
Noncash Contribs Rptd F990	202525	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	Furniture	4	29801	FMV
X	Equipment	26	101466	FMV

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

Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)

IdentifierIdentifier	ExplanationExplanation
Part I, Line 33, Revenues Not Reported	Wake Forest University receives contributed services from donors valued at $643,267, 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 (12 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
Trustee Services Provided to Multiple Related Organizations, cont.	Mitesh B. ShahTrustee, Filing Organization 3 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 3 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 weekKyle A. Young, MDTrustee, Filing Organization 4 hours per weekDirector, WFU Health Sciences 4 hours per week
Trustee Services Provided to Multiple Related Organizations	Diana M. AdamsTrustee, Filing Organization 5 hours per weekTrustee, WFU Development Foundation (until 7-16-10) 0.1 hours per weekJohn I. Bitove, Jr.Trustee, Filing Organization 5 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 3 hours per weekDirector, WFU Health Sciences 4 hours per weekDirector, WFU Baptist Medical Center 2 hours per weekThomas A. DingledineTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekDavid W. DupreeTrustee, Filing Organization 8 hours per weekTrustee, WFU Development Foundation (until 7-16-10) 0.1 hours per weekFrederick W. Eubank, IITrustee, Filing Organization 5 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekLisbeth C. EvansTrustee, Filing Organization 4 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekDonald E. FlowTrustee, Filing Organization 3 hours per weekDirector, WFU Health Sciences 4 hours per weekDirector, WFU Baptist Medical Center 2 hours per weekJames R. Helvey, IIITrustee, Filing Organization 5 hours per weekTrustee, WFU Development Foundation (until 7-16-10) 0.1 hours per weekDirector, WFU Health Sciences 4 hours per weekMatthew A. KingTrustee, Filing Organization 4 hours per weekTrustee, WFU Foundation 0.5 hours per weekTrustee, WFU Development Foundation 0.5 hours per weekDeborah D. LambertTrustee, Filing Organization 3 hours per weekTrustee, WFU Foundation 1 hours per weekTrustee, WFU Development Foundation 1 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 weekRichard H. MooreTrustee, Filing Organization 5 hours per weekTrustee, WFU Development Foundation (until 7-16-10) 0.1 hours per weekDeborah K. RubinTrustee, Filing Organization 3 hours per weekDirector, Reynolda House, Inc. 1 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, cont.	Matthew S. Cullinan, Ph.D.Vice President, Filing Organization 40 hours per weekJames J. DunnVice President, Filing Organization 40 hours per week[but duties include investment of endowment f/b/o related organization, WFUHS]Jill M. Tiefenthaler, Ph.D.Provost, Filing Organization 40 hours per weekJohn P. Anderson, Ph.D.Former Vice President, Filing Organization 40 hours per weekFormer Vice President, WFU Foundation 0 hours per weekFormer Vice President, WFU Development Foundation 0 hours per weekFormer Officer, Reynolda House, Inc. 0 hours per weekDr. Anderson's compensation from the related organization, Wake Forest University was for services as a professor.Louis R. MorrellFormer Treasurer, Filing Organization 20 hours per weekFormer Treasurer, Wake Forest University Foundation 0 hours per weekFormer Treasurer, WFU Development Foundation 0 hours per weekMr. Morrell's compensation from the filing organization, Wake Forest University, was for services as an investment managerWilliam C. Gordon, Ph.D.Former Provost, Filing Organization 40 hours per weekDr. Gordon's compensation from the filing organization, WFU, was for services as a professor.Craig O. ThomasFormer Assistant Treasurer, Filing Organization 40 hours per weekMr. Thomas' compensation from the filing organization, WFU, was for services as Director of Investments.
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 25 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 8 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 weekNancy D. Suttenfie1dVice President, Filing Organization (to 11-8-10) 39 hours per weekVice President, WFU Foundation (to 10-5-10) 0.2 hours per weekVice President, WFU Development Foundation (to 10-5-10) 0.5 hours per weekDirector, Piedmont Triad Research Park (to 10-5-10) 0.3 hours per weekB. Hofler MilamVice President, Filing Organization (from 12-1-10) 39.5 hours per weekVice President, WFU Foundation(from 2-17-11) 0.2 hours per weekVice President, WFU Development Foundation (from 2-17-11) 0.3 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 July 1, 2010, the governing boards of four North Carolina nonprofit corporations (Wake Forest University, North Carolina Baptist Hospital, Wake Forest University Health Sciences, and Wake Forest University Baptist Medical Center) entered into an agreement (the "Medical Center Integration Agreement" or "MCIA") under which the operation of each of North Carolina Baptist Hospital ("NCBH") and Wake Forest University Health Sciences ("WFUHS") was delegated to Wake Forest University Baptist Medical Center ("WFUBMC"). WFUHS is a wholly-controlled subsidiary entity of Wake Forest University ("WFU"). WFUBMC is now a membership nonprofit corporation whose two equal members are NCBH (which entity is unrelated to WFU) and WFU. This consolidation of management in WFUBMC of the various academic medical center operations, subject to substantial reserved powers in each of the constituent members' (or in WFUHS') boards, mandated changes in the governance documents of each organization. Below is a summary of the significant changes to the governance documents of Wake Forest University adopted since the filing of the prior year's Form 990: Bylaws* Health Affairs Committee section (4.3.2.3.4) was revised to require the committee to report both on the status of the WFU medical school and of Wake Forest University Baptist Medical Center.* The Executive Vice President for Health Affairs is added as a corporate officer in section 5.1, and rather than being appointed by the WFU President, this person holds the office ex officio, as CEO of the Medical Center, and his or her duties are as set out in the MCIA. (5.2.1)* The MCIA's controlling provisions are referred to in sections 7.2 and 7.3, with respect to the operation of WFUHS and its programs and research activities.* The major changes to the WFU bylaws are reflected in revisions to Appendix B of such bylaws, containing the Policy for the Operation of the School of Medicine. * The MCIA is described, and the role of WFUBMC in operating WFUHS. The intent that the WFU Bylaws and the WFUHS Articles and Bylaws be consistent with the provisions of the MCIA is stated, but it is also noted that no authority or power held by WFU or WFUHS under the MCIA is restricted or limited by such Articles or Bylaws. * Appendix B now also reflects language from the MCIA regarding the WFU Medical School's aspiration to be part of a preeminent, internationally recognized academic medical center with balanced excellence in patient care, research and education. * Administrative changes resulting from the MCIA are also included, such as the process for appointment of the Medical School Dean, but tenure is still granted only by action of the WFU Board of Trustees. * The reserved powers in WFU specified in the MCIA are, unless specifically delegated to the WFUHS board or to the board of another WFU-controlled subsidiary, to be exercised by the WFU Board of Trustees.	Form 990, Part VI, Line 4
Form 990, Part III, Line 4d : Other Program Services Description	OTHER PROGRAM SERVICES 4: Grants and internally funded research pursuant to basic science and technology. Wake Forest University manages research projects in Biology, Chemistry, Physics, Mathematics, Computer Science, Health & Exercise Science, Divinity and Business. The Z. Smith Reynolds library and the professional center libraries together hold almost 1.5 million print volumes, as well as access to a multitude of web based resources. The campus libraries provide resources for both student and faculty researchers.	Form 990, Part III, Line 4d
	Client Note 1 - Wake Forest University2010 year ended 6/30/2011Attachment 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 Ofincina Izquierda	Salamanca	Salamanca	SP	37120	study abroad educ. activities	SP	76109	NA
Creative Cafe LLC
					Restaurant		115198	NA	PO Box 7201	WinstonSalem	NC	27109	263700428	NC	289543
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
WFU Bapt Med Ctr Com Physicians
Medical Center Blvd	WinstonSalem	NC	27157	561903275	Operates Primary Care Clinics	NC	501(c)(3)	Line 11a	WFU Health Sciences	false
Dialysis Access Group - Wake Forest Univ
Medical Center Blvd	WinstonSalem	NC	27157	204241942	Vascular access treatment of ESRD patients	NC	501(c)(3)	Line 11a	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	WFU Health Sciences	false
Idealliance Foundation
Medical Center Blvd	WinstonSalem	NC	27157	562094000	Educational activities supporting Idealliance	NC	501(c)(3)	Line 11a	WFU Health Sciences	false
PTRP Development Corp
Medical Center Blvd	WinstonSalem	NC	27157	061818498	Research park development oversight	NC	501(c)(3)	Line 11a	WFU Health Sciences	false
Idealliance
Medical Center Blvd	WinstonSalem	NC	27157	562094067	Research Park development	NC	501(c)(6)		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	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	NA	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	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	Wake Forest University	true

Form990 Schedule R Part III Form990ScheduleRPartIII

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	Third Ave Emrg Mkt Fd LP	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	622 Third Avenue 32 Floor	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10017	ZIPCode

Field	Value	IRS element (for citing)
EIN	271967789	EIN
Primary Activity	Investment	PrimaryActivity
Legal Domicile State	NY	LegalDomicileState
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Predominant Income Type	Excluded	PredominantIncomeType
Share Of Total Income	935915	ShareOfTotalIncome
Share Of EOY Assets	10935915	ShareOfEOYAssets
Disproportionate Allocations	false	DisproportionateAllocations
General Or Managing Partner	false	GeneralOrManagingPartner
Percentage Ownership	0.5544	PercentageOwnership

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 - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	456729730	Investment	NC	WFU TTEE	Trust	1597443	0.53390
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	900237204	Investment	NC	WFU TTEE	Trust	202793	0.64610
WFU - 6375 CRUT
PO Box 7201	WinstonSalem	NC	27109	566459446	Investment	NC	WFU TTEE	Trust	90599	0.53350
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	586268101	Investment	NC	WFU TTEE	Trust	133395	0.61100
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	911832851	Investment	NC	WFU TTEE	Trust	371106	0.62810
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	566473036	Investment	NC	WFU TTEE	Trust	162201	0.62810
WFU - 6 CRUT
PO Box 7201	WinstonSalem	NC	27109	582175582	Investment	NC	WFU TTEE	Trust	34398	0.62900
WFU - 65 CRUT
PO Box 7201	WinstonSalem	NC	27109	566476872	Investment	NC	WFU TTEE	Trust	123348	0.50230
WFU - 7 CRUT
PO Box 7201	WinstonSalem	NC	27109	912129902	Investment	NC	WFU TTEE	Trust	389825	0.55100
WFU - 8 CRUT
PO Box 7201	WinstonSalem	NC	27109	912131579	Investment	NC	WFU TTEE	Trust	65844	0.70580
WFU - 5 CRUT
PO Box 7201	WinstonSalem	NC	27109	566562122	Investment	NC	WFU TTEE	Trust	51160	0.62110

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 (8 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
Third Ave Emrg Mkt Fd LP
b	10000000	Cash invested
Reynolda House Inc
b	450000	GeneralSupport
Wake Forest University Development Fndn
n	55373	FMV
Wake Forest University Development Fndn
c	60464	Cash Transfer
Wake Forest University Health Sciences
p	8938685	Cash Transfer
Wake Forest University Health Sciences
o	3948971	Cash Transfer
Wake Forest University Foundation
n	93104	FMV
Wake Forest University Foundation
d	1261033	Cash Transfer