WAKE FOREST UNIVERSITY: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: WAKE FOREST UNIVERSITY (EIN 56-0532138)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-16
IRS object ID: 201111369349300631
Schema version: 2009v1.7
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	2011-05-16T06:27:39-07:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	560532138	EIN

Name Name

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

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

US Address USAddress

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

Officer Officer

Field	Value	IRS element (for citing)
Name	B Hofler Milam	Name
Title	Sr VP Fin & Adm/CFO	Title
Date Signed	2011-05-16	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

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

Address Principal Officer US AddressPrincipalOfficerUS

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

Field	Value	IRS element (for citing)
Gross Receipts	493693779	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Group Exemption Number	3743	GroupExemptionNumber
Organization501c	X	Organization501c
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	5333	TotalNbrEmployees
Total Nbr Volunteers	1590	TotalNbrVolunteers
Total Gross UBI	-89951	TotalGrossUBI
Net Unrelated Business Txbl Income	-4452984	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	45000972	ContributionsGrantsPriorYear
Contributions Grants Current Year	48508165	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	264873220	ProgramServiceRevenuePriorYear
Program Service Revenue CY	283221184	ProgramServiceRevenueCY
Investment Income Prior Year	-21087371	InvestmentIncomePriorYear
Investment Income Current Year	17954608	InvestmentIncomeCurrentYear
Other Revenue Prior Year	6077283	OtherRevenuePriorYear
Other Revenue Current Year	10048678	OtherRevenueCurrentYear
Total Revenue Prior Year	294864104	TotalRevenuePriorYear
Total Revenue Current Year	359732635	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	62076629	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	69420845	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	160355105	SalariesEtcPriorYear
Salaries Etc Current Year	173867840	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	723710	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	13808038	TotalFundrsngExpCurrentYear
Other Expense Prior Year	117022962	OtherExpensePriorYear
Other Expenses Current Year	109598174	OtherExpensesCurrentYear
Total Expenses Prior Year	339454696	TotalExpensesPriorYear
Total Expenses Current Year	353610569	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-44590592	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	6122066	RevenuesLessExpensesCY
Total Assets BOY	1019532526	TotalAssetsBOY
Total Assets EOY	1076404288	TotalAssetsEOY
Total Liabilities BOY	312122187	TotalLiabilitiesBOY
Total Liabilities EOY	321010163	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	707410339	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	755394125	NetAssetsOrFundBalancesEOY
Mission Description	Wake Forest University, an institution of higher education, was organized exclusively for religious, charitable, scientific, literary, and educational purposes within the meaning of 501(c)(3) of the Internal Revenue Code of 1986, as amended, and 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 st	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	158318946	Expense
Grants	55724603	Grants
Revenue	224744281	Revenue
Description	Instruction of approximately 7,760 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. 54.5% of the graduate and undergraduate student population received financial aid awards. Approximately 4,237 students received scholarships from the institution during the year.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	75118455	Expense
Grants	11191476	Grants
Revenue	67324788	Revenue
Description	Wake Forest maintains campus bookstores, housing and dining facilities, mail services and other program services, including Athletics. Athletic scholarships provided funding for 298 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	45362015	Expense
Grants	1596635	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	22464873	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	1279048	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	8228896	TotalOfOtherProgramServiceRev
Total Program Service Expense	301264289	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	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	true	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
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	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	true	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	true	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	8555	NumberFormsTransmittedWith1096
Number W2 G Included	1	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	5333	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	AU	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
Nbr Voting Governing Body Members	44	NbrVotingGoverningBodyMembers
Number Independent Voting Members	41	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
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 (63 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	FormerFormer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	OfficerOfficer
William C GordonPhD
Former Provost	0.	X	204934	0	40705
W Louis Bissette Jr
Bd ViceCh/Comm	10.00		0	0	0	X
Thomas W Bunn
Trustee	5.00		0	0	0	X
Thomas A Dingledine
Trustee	5.00		0	0	0	X
Susan M Ivey
Trustee	5.00		0	0	0	X
Steven S Reinemund
Dean, School of Business	40.00		420238	0	32448		X
Steve H Nickles
Law Professor	0.		362330	0	37734			X
Simpson O Brown Jr
Trustee	5.00		0	0	0	X
Ronald D Wellman
Director of Athletics	40.00		648523	0	46427		X
Richard H Moore
Trustee	5.00		0	0	0	X
Ranlet S Bell
Trustee/Comm Ch	7.00		0	0	0	X
Nathan O Hatch PhD
President	25.00		594502	0	271255				X
Nancy D Suttenfield
Sr. VP & CFO	39.00		396516	0	39392				X
Matthew S Cullinan PhD
VP Admin	40.00		254801	0	28218				X
Matthew A King
Trustee/Comm Ch	7.00		0	0	0	X
Mark A Petersen
VP-Advancement	40.00		443565	0	52943		X
Lisbeth C Evans
Trustee/Comm Ch	7.00		0	0	0	X
Lelia B Farr
Trustee	5.00		0	0	0	X
Lawrence D Hopkins MD
Trustee	5.00		0	209520	41650	X
L Morrell-former Treas
Investment Manager	20.00		426455	0	48955			X
Kyle A Young MD
Trustee	5.00		0	0	0	X
Kenneth D Miller
Trustee	5.00		0	0	0	X
Katherine B Wright
Trustee	5.00		0	0	0	X
K Wayne Smith PhD
Trustee	5.00		0	0	0	X
John R Lowden
Trustee	5.00		0	0	0	X
John P Anderson PhD
Former VP Finance/Admin	0.	X	139391	0	30000
John K Medica
Trustee	5.00		0	0	0	X
John I Bitove Jr
Trustee	5.00		0	0	0	X
Jocelyn Burton
Trustee/Comm Ch	7.00		0	0	0	X
Jim B Grobe
Football Coach	40.00		2235082	0	40463			X
Jill M Tiefenthaler PhD
Provost	40.00		368126	0	43241				X
Jerry H Baker
Trustee	5.00		0	0	0	X
Jermyn M Davis
Trustee	5.00		0	0	0	X
Jeanne P Whitman
Trustee	5.00		0	0	0	X
Janice K Story
Trustee	5.00		0	0	0	X
James W Johnston
Trustee/Comm Ch	7.00		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	20.00		355101	0	32330				X
Jacquelyn S Fetrow PhD
Dean of Wake Forest College	40.00		248787	0	25419		X
J Reid Morgan
Secretary	20.00		293567	0	48746				X
J Lanny Wadkins Jr
Trustee	5.00		0	0	0	X
Harold O Rosser
Trustee	5.00		0	0	0	X
Graham W Denton Jr
Trustee/Comm Ch	10.00		0	0	0	X
Frederick W Eubank III
Trustee	5.00		0	0	0	X
Dr Lloyd P Tate Jr
Trustee	5.00		0	0	0	X
Donna A Boswell PhD
Trustee	5.00		0	0	0	X
Donald D Leonard
Trustee	5.00		0	0	0	X
Dino J Gaudio
Basketball Coach	40.00		812374	0	36399			X
Diana M Adams
Trustee	5.00		0	0	0	X
Deborah D Lambert
Trustee/Comm Ch	7.00		0	0	0	X
Craig O Thomas
Former Asst Treas	0.	X	193518	0	31844
Charles Jeffrey Young
Trustee	5.00		0	0	0	X
Celeste Mason Pittman
Trustee	5.00		0	0	0	X
Candy M Ergen
Trustee	5.00		0	0	0	X
Bobby R Burchfield
Trustee/Comm Ch	7.00		0	0	0	X
Blake D Morant
Dean, Sch of Law	40.00		397085	0	46771			X
Benjamin C Sutton Jr
Trustee	5.00		0	0	0	X
Anita M Conrad
Asst Secretary	20.00		143377	0	26384				X
Andrew J Schindler
Trustee	5.00		0	0	0	X
Alice Kirby Horton
Trustee	5.00		0	0	0	X
Albert R Hunt
Trustee	5.00		0	0	0	X
Adelaide A Sink
Trustee	5.00		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	8938272	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	209520	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1001324	TotalOtherCompensation
Number Individuals GT100 K	341	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
IL Long Construction CO Inc
4117 Indiana Ave	WinstonSalem	NC	27105	Construction	4083772
Hanbury-Evans-Wright-Vlattas and Co
PO Box 3518	Norfolk	VA	23514	Architecture	2776903
Frank L Blum Construction Company
830 25th St NE	WinstonSalem	NC	27105	Construction	10211543
DH Griffin Construction Company
431 Raleigh View Road	Raleigh	NC	27610	Construction	2572639
Aramark Campus Services
1101 Market St 12th Fl	Philadelphia	PA	19107	Food Service	11051628

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	135	NumberOfContractorsGT100K
Fundraising Events	296522	FundraisingEvents
Related Organizations	1386920	RelatedOrganizations
Government Grants	9735286	GovernmentGrants
All Other Contributions	37089437	AllOtherContributions
Noncash Contributions	3285002	NoncashContributions
Total Contributions	48508165	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Tuition and Fees	611310	224744281	224744281
Telecom & Other Services	611710	6894990	1450289	$5,444,701
Student Housing & Dining	721310	23332692	23332692
Organized Activities	515100	3778338	3180683	$597,655
Athletic Programs	711210	21320427	20155978	$1,164,449

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3150456	TotalRevenueColumn
Related Or Exempt Function Income	3150456	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	283221184	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	10437566	TotalRevenueColumn
Unrelated Business Revenue	-4373428	UnrelatedBusinessRevenue
Exclusion	$14,810,994	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	689327	TotalRevenueColumn
Exclusion	$689,327	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	995054	TotalRevenueColumn
Exclusion	$995,054	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	7536874	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	7305794	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	231080	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	231080	TotalRevenueColumn
Exclusion	$231,080	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	127980305	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	121152590	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	6827715	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	6827715	TotalRevenueColumn
Exclusion	$6,827,715	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	17010	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	296522	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	42351	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-25341	TotalRevenueColumn
Related Or Exempt Function Income	-33883	RelatedOrExemptFunctionIncome
Exclusion	$8,542	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	14100181	GrossSalesOfInventory
Cost Of Goods Sold	5460409	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	8639772	TotalRevenueColumn
Unrelated Business Revenue	4075364	UnrelatedBusinessRevenue
Exclusion	$4,564,408	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue
Tennis Club	713940	174521	174521
Athletic Advertising	541800	33592	33592

Field	Value	IRS element (for citing)
Total Other Revenue	208113	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	359732635	TotalRevenueColumn
Related Or Exempt Function Income	275980496	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	-89951	UnrelatedBusinessRevenue
Exclusion	$35,333,925	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	1020943	Total
Program Services	1020943	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	67810698	Total
Program Services	67810698	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	589204	Total
Program Services	589204	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	6699419	Total
Program Services	2344226	ProgramServices
Management And General	2611364	ManagementAndGeneral
Fundraising	1743829	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	133376083	Total
Program Services	111592487	ProgramServices
Management And General	16624714	ManagementAndGeneral
Fundraising	5158882	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	11643742	Total
Program Services	9379243	ProgramServices
Management And General	1689137	ManagementAndGeneral
Fundraising	575362	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	12759962	Total
Program Services	10354365	ProgramServices
Management And General	1653151	ManagementAndGeneral
Fundraising	752446	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	9388634	Total
Program Services	7565602	ProgramServices
Management And General	1359838	ManagementAndGeneral
Fundraising	463194	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	368932	Total
Program Services	102436	ProgramServices
Management And General	266496	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	219538	Total
Program Services	7000	ProgramServices
Management And General	212538	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	723710	Total
Fundraising	723710	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	4249199	Total
Program Services	2938003	ProgramServices
Management And General	1309177	ManagementAndGeneral
Fundraising	2019	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	9820462	Total
Program Services	5301753	ProgramServices
Management And General	3863193	ManagementAndGeneral
Fundraising	655516	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	4616670	Total
Program Services	2441722	ProgramServices
Management And General	227855	ManagementAndGeneral
Fundraising	1947093	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	21537158	Total
Program Services	18362242	ProgramServices
Management And General	2237816	ManagementAndGeneral
Fundraising	937100	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	5034290	Total
Program Services	1452184	ProgramServices
Management And General	3466569	ManagementAndGeneral
Fundraising	115537	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	7964524	Total
Program Services	7849099	ProgramServices
Management And General	54204	ManagementAndGeneral
Fundraising	61221	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	8669146	Total
Program Services	8093197	ProgramServices
Management And General	96340	ManagementAndGeneral
Fundraising	479609	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	2205000	Total
Program Services	1810378	ProgramServices
Management And General	372006	ManagementAndGeneral
Fundraising	22616	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	5191670	Total
Program Services	5191670	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	717629	Total
Program Services	717629	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	21388716	Total
Program Services	20560699	ProgramServices
Management And General	828017	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	1687201	Total
Program Services	953268	ProgramServices
Management And General	722450	ManagementAndGeneral
Fundraising	11483	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Non Capital Equip & Furnishing	3184967	2158876	878363	147728
Library, Books & Subscriptions	5190191	5138402	43166	8623
Bad debt expense	337434	322957	14477
Auxiliary Enterprises	3051029	3051029
Actuarial Adjustment	4089193	4089193

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	75225	Total
Program Services	65784	ProgramServices
Management And General	7371	ManagementAndGeneral
Fundraising	2070	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	353610569	Total
Program Services	301264289	ProgramServices
Management And General	38538242	ManagementAndGeneral
Fundraising	13808038	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	145015404	BOY
EOY	170725663	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	36135413	BOY
EOY	38460180	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	6343398	BOY
EOY	7118774	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	500000	BOY
EOY	621510	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	23371764	BOY
EOY	24446271	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	2618821	BOY
EOY	1761209	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	867094	BOY
EOY	728282	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	560471708	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	243942955	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	293762785	BOY
EOY	316528753	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	243163883	BOY
EOY	147649595	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	266155693	BOY
EOY	366691090	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	1598271	BOY
EOY	1672961	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1019532526	BOY
EOY	1076404288	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	21739456	BOY
EOY	24873807	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	10375593	BOY
EOY	10249193	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	12403408	BOY
EOY	15981152	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	174140000	BOY
EOY	169720000	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	26640532	BOY
EOY	26552608	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	66823198	BOY
EOY	73633403	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	312122187	BOY
EOY	321010163	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	337147292	BOY
EOY	365366687	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	188269418	BOY
EOY	205378451	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	181993629	BOY
EOY	184648987	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	707410339	BOY
EOY	755394125	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1019532526	BOY
EOY	1076404288	EOY

Field	Value	IRS element (for citing)
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.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
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	349441021	BeginningBalance
Additions During Year	79829632	AdditionsDuringYear
Distributions During Year	25609521	DistributionsDuringYear
Ending Balance	403661132	EndingBalance
Included On FS	false	IncludedOnFS

Current Year CurrentYear

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 Minus1 Year CurrentYearMinus1Year

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	0.37000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.33000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.30000	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	434250	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	10934043	OtherCostOrOtherBasis
Book Value	11368293	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	50256524	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	272817825	OtherCostOrOtherBasis
Depreciation	111208922	Depreciation
Book Value	211865427	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	118774350	OtherCostOrOtherBasis
Depreciation	77179524	Depreciation
Book Value	41594826	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	62701453	OtherCostOrOtherBasis
Depreciation	54389592	Depreciation
Book Value	8311861	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	44553263	OtherCostOrOtherBasis
Depreciation	1164917	Depreciation
Book Value	43388346	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	316528753	TotalOfBookValueLandBuildings
Total Of Book Value Securities	366691090	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
Postretirement benefits	$12,537,887
Other liabilities and deferral	$37,077,604
Due from WFU Affiliate - Health Sciences	-$179,856
Bond discount	$2,525,117
Annuities payable	$21,672,651

Field	Value	IRS element (for citing)
Total Of Amounts	73633403	TotalOfAmounts
Total Revenue	359732635	TotalRevenue
Total Expenses	353610569	TotalExpenses
Excess Or Deficit For Year	6122066	ExcessOrDeficitForYear
Net Unrealized GL On Investments	43248641	NetUnrealizedGLOnInvestments
Other	-$624,181	OtherAmount
Total Adjustments	42624460	TotalAdjustments
Excess Or Deficit Per FS	48746526	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	339796528	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	43248641	NetUnrealizedGainsInvestments
Other Revenues	17504520	OtherRevenues
Revenue Not Rptd F990	60753161	RevenueNotRptdF990
Revenue Subtotal	279043367	RevenueSubtotal
Investment Expenses Not Included	4261104	InvestmentExpensesNotIncluded
Other Revenues Not Included	76428164	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	80689268	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	359732635	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	291050002	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	16741781	OtherExpensesIncluded
Expenses Not Rptd F990	16741781	ExpensesNotRptdF990
Expenses Subtotal	274308221	ExpensesSubtotal
Investment Expenses Not Included2	4261104	InvestmentExpensesNotIncluded2
Other Expenses Not Included	75041244	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	79302348	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	353610569	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (10 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 $67623771 Internal revenue allocations $2863933 Post retirement benefits $464347 Actuarial obligation changes $4089193
Part XIII, Line 2d	Part XIII, Line 2d: Other expenses and losses per audited F/S	Rental expenses $7305794 Cost of Goods Sold $5460409 Fundraising event expenses $42351 Subsidiaries filing separate 990s $3933227
Part XII, Line 4b	Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S	Tuition scholarship discounts $67623771 Receipts from supporting org, WFUF $1386920 Internal revenue allocations $2863933 Post retirement benefits $464347 Actuarial obligation changes $4089193
Part XII, Line 2d	Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990	Rental Expenses $7305794 Cost of Goods Sold $5460409 Fundraising event expenses $42351 Subsidiaries filing separate 990s $4695966
Part XI, Line 8	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	Income of subsidiaries filing separate 990s $762739 Transfers from supp org, WFUF $ -1386920
Part V, Line 4	Part V, Line 4: Intended uses of the endowment fund.	Approximately 61% of the expendable endowment funds provided scholarships for Wake Forest University students during the fiscal year. 23% was distributed for department chair and faculty positions, including funds for research professorships. 7% supported educational programs generally, the libraries and general university operations. 9% 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 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, approximately $2 million, was immaterial to the financial statements as a whole.

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
Pub Via Broadcast Media Expln	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	PubViaBroadcastMediaExpln
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
Govt Financial Aid Explanation	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.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule F IRS990ScheduleF

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

Accts Actvs Out US Table AcctsActvsOutUSTable (27 entries)

RegionRegion	Number Of OfficesNumberOfOffices	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Sub-Saharan Africa	0	3	Program Service	Research	51758
Sub-Saharan Africa	0	0	Program Service	Study Abroad	14059
Sub-Saharan Africa	0	0	Program Service	Conference	4089
South Asia	0	0	Program Service	Study Abroad	11720
South Asia	0	0	Program Service	Research	10873
South Asia	0	0	Program Service	Recruiting	1921
South Asia	0	0	Program Service	Conference	3626
South America	0	0	Program Service	Study Tour	43837
South America	0	0	Program Service	Study Abroad	33852
South America	0	0	Program Service	Research	49112
South America	0	0	Program Service	Conference	9482
North America	0	0	Program Service	Study Abroad	13547
North America	0	0	Program Service	Research	17719
North America	0	0	Program Service	Conference	46953
Mid East & N Africa	0	0	Program Service	Study Abroad	40421
Mid East & N Africa	0	0	Program Service	Research	9095
Mid East & N Africa	0	0	Program Service	Conference	9010
Europe & North Atlantic	5	45	Program Service	Study Abroad	2236998
Europe & North Atlantic	0	0	Program Service	Research	68719
Europe & North Atlantic	0	0	Program Service	Recruiting	5086
Europe & North Atlantic	0	0	Program Service	Conference	113810
East Asia & Pacific	0	0	Program Service	Study Abroad	151817
East Asia & Pacific	0	0	Program Service	Research	21061
East Asia & Pacific	0	0	Program Service	Conference	16538
Ctr America & Caribbean	1	7	Program Service	Conference	3896
Ctr America & Caribbean	0	0	Program Service	Study Abroad	141057
Ctr America & Caribbean	0	0	Program Service	Research	16037

Field	Value	IRS element (for citing)
Total Number Of Offices	6	TotalNumberOfOffices
Total Number Of Employees	55	TotalNumberOfEmployees
Total Amount Spent	3146093	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (11 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance	Method Of ValuationMethodOfValuation
South Asia	Internship	4000	Check
South America	Forestry	19000	Wire
N Amer	Medical			539	Med supplies	cost
Europe	Tuitn Exch	57773	Wires
Europe	Tuitn Exch	21000	Wires
Europe	Tuitn Exch	16637	Wires
Europe	Tuitn Exch	166043	Wires
Europe	Tuitn Exch	133500	Checks
Europe	Subcontrct	32469	Checks
East Asia	Tuitn Exch	59631	Checks
Cen Am Carib	Support	3000	p-card

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	11	TotalNumberOf501c3Orgs

Grants To Ind Outside US GrantsToIndOutsideUS (8 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Student research grants	Sub-Saharan Africa	4	13738	Check
Student research grant	South America	1	2800	Check
Student research grant	Russia & Ind Sts	1	5500	Check
Student research grant	North America	1	4500	Check
Student research grant	Middle East-N Afr	1	5000	Check
Student research grant	Europe & N Atlant	9	23587	Checks
Student research grant	East Asia & Pacif	4	16487	Checks
Student internship stipend	South Asia	1	4000	Check

Form990 Schedule F Part IV Form990ScheduleFPartIV

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
Total Retained By Contractors	717919	TotalRetainedByContractors
Licensed States	WY	LicensedStates
Licensed States	WI	LicensedStates
Licensed States	WV	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	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	ME	LicensedStates
Licensed States	ME	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	IL	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	CO	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	AK	LicensedStates
Licensed States	AL	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	WFDD Events	NameOfEvent1
Gross Receipts Event1	287372	GrossReceiptsEvent1
Charitable Contributions Event1	285872	CharitableContributionsEvent1
Gross Revenue Event1	1500	GrossRevenueEvent1
Non Cash Prizes Event1	7650	NonCashPrizesEvent1
Food And Beverage Event1	627	FoodAndBeverageEvent1
Other Direct Expenses Event1	27106	OtherDirectExpensesEvent1
Name Of Event2	SGA Auction	NameOfEvent2
Gross Receipts Event2	26160	GrossReceiptsEvent2
Charitable Contributions Event2	10650	CharitableContributionsEvent2
Gross Revenue Event2	15510	GrossRevenueEvent2
Rent Facility Costs Event2	6968	RentFacilityCostsEvent2
Gross Receipts Total	313532	GrossReceiptsTotal
Charitable Contributions Total	296522	CharitableContributionsTotal
Gross Revenue Total Events	17010	GrossRevenueTotalEvents
Non Cash Prizes Total Events	7650	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	6968	RentFacilityCostsTotalEvents
Food And Beverage Total Events	627	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	27106	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	42351	DirectExpenseSummaryEvents
Net Income Summary	-25341	NetIncomeSummary

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (20 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
Winthrop University
701 Oakland Ave	Rock Hill	SC	29733	576001204	501(c)(3)	17052	0	Research Subcontract
Western Carolina University
HFR Admin Bldg Rm 317	Cullowhee	NC	28723	566001440	115 State Agency	44323	0	DHS subcontract
Washington Center for Internship
1333 16th Street NW	Washington	DC	20036	521019820	501(c)(3)	144340	0	Internships
University of Florida
PO Box 113001	Gainsville	FL	32611	596002052	115 State Agency	31302	0	NIH subcontracts
United Way of Forsyth County
301 North Main Street	WinstonSalem	NC	27101	237357234	501(c)(3)	8000	0	Charitable Contribution
UNC School of the Arts
1533 S Main Street	WinstonSalem	NC	27127	566065273	115 State Agency	33607	0	Sponsored NSF subcontract
UNC Chapel Hill
208 West Franklin Street	Chapel Hill	NC	27599	699091994	115 State Agency	9000	0	ACC Int'l Conf scholarships
UNC Chapel Hill
208 West Franklin Street	Chapel Hill	NC	27599	699091994	115 State Agency	6722	0	Research Subcontract
The Childrens Home
1001 Reynolda Road	WinstonSalem	NC	27104	560547495	501(c)(3)	16907	0	Charitable Contributions
Texas A&M - AgriLife Research
2147 TAMU	College Station	TX	77843	746000531	115 State Agency	9583	0	Research Subcontract
Reynolda House Museum of Art
PO Box 7287	WinstonSalem	NC	27109	560810676	501(c)(3)	450000	0	Operational Support
Old Hickory Council - BSA
6600 Silas Creek Parkway	WinstonSalem	NC	27106	560529985	501(c)(3)	10000	0	Contribution
North Carolina State University
Office-Grants Contracts Box 7214	Raleigh	NC	27695	566000756	115 State Agency	5860	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)	31483	0	Research subcontract
La Salle University
1900 West Olney Ave	Philadelphia	PA	19141	231352654	501(c)(3)	17376	0	Research subcontract
Habitat For Humanity
339 Witt Street	WinstonSalem	NC	27103	561448955	501(c)(3)	31500	0	Habitat House Sponsor
Florida Institute of Technology
150 W University Blvd	Melbourne	FL	32901	596046500	501(c)(3)	76330	0	Research subcontract
Duke University
324 Blackwell Street	Durham	NC	27701	560532129	501(c)(3)	10000	0	ACC Int'l Conf scholarships
Clemson University Foundation
PO Box 1889	Clemson	SC	29633	570426335	501(c)(3)	15000	0	ACC Int'l Conf scholarships

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	20	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Amount Of Non Cash AssistanceAmountOfNonCashAssistance	Method Of ValuationMethodOfValuation	Description Of Non Cash AssistanceDescriptionOfNonCashAssistance
Waddill Awards	4	40000
Grad & Undergrad Tuition Scholarships	3157		62366079	University charges	Tuition discounts
Departmental scholarships	817	912860
Auxiliary scholarship awards	936		2136631	University charges	Tuition, fees, room & board
Athletic nontuition scholarships	295	2259866
2010 Marketing Summit awards	38	95262

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
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	false	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	false	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	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Related OrgsTotalCompensationRelatedOrgs
William C GordonPhD
204538	396	15980	24725	245639
Steven S Reinemund
394238	6000	16500	15948	452686	20000
Steve H Nickles
243517	105313	24500	13234	400064	13500
Ronald D Wellman
619058	29465	24500	21927	694950
Nathan O Hatch PhD
524277	36160	209917	61338	865757	34065
Nancy D Suttenfield
338677	12839	29468	9924	435908	45000
Matthew S Cullinan PhD
247128	7673	15625	12593	283019
Mark A Petersen
346466	72099	24500	28443	496508	25000
Lawrence D Hopkins MD
						130109	78278	1133	41650	251170
L Morrell-former Treas
410358	16097	24500	24455	475410
John P Anderson PhD
138217	1174	14516	15484	169391
Jim B Grobe
2167766	21126	24500	15963	2275545	46190
Jill M Tiefenthaler PhD
347616	20510	24500	18741	411367
James J Dunn
247160	7941		32330	387431	100000
Jacquelyn S Fetrow PhD
221475	7312	16875	8544	274206	20000
J Reid Morgan
281576	11991	24500	24246	342313
Dino J Gaudio
781738	18436	18375	18024	848773	12200
Craig O Thomas
193458	60	15000	16844	225362
Blake D Morant
322437	64648	28750	18021	443856	10000
Anita M Conrad
143239	138	11816	14568	169761

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Sch J, Part I, Line 7	Part I, Line 7: Non-Fixed payments not listed above	Various Officers and Key Employees have bonus computations contained in their employment agreements. These are often goal-based merit bonuses; the bonus is determined in the evaluation of the employee's performance by his or her supervisor. Others are awarded discretionary bonuses, but within budgetary constraints. Other non-fixed payments may include relocation bonuses that are typically included as a provision in an employment agreement and performance incentive compensation payments that are reflected on the individual's W-2.
Sch J, Part I, Line 1b	Part I, Line 1b: Reason for not following policy regarding payment provisions for expenses	The organization has an IRC Section 62 Accountable Plan, but expense policies did not specifically cover or provide for each of the expense items identified in line 1. In the event an expense or benefit was outside the scope of organization policy, either (a) proper approval was obtained by the Board Chair, President, or designee, or (b) in lieu of a standardized written policy on specific benefits, listed persons had certain benefits included in their employment contract that was approved by the President and/or the Board Compensation Committee. New written Travel and Business Expense Policies covering such payments and reimbursements were adopted during the fiscal year.
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 houskeeping, landscaping and maintenance, are provided for the President's University-owned residence.

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
NC Capital Facs Fin Agcy Ed Facs Ser 2004B
561592154	65818PEB1	2004-12-21	30760000	See Schedule O	false	false
NC Capital Facs Fin Agcy Ed Facs Ser 2004A
561592154	65818PEC9	2004-12-21	36605000	See Schedule O	false	false
NC Capital Facs Fin Agcy Ed Facs Ser 2009
561592154	65818PHB8	2009-05-28	112612190	See Schedule O	false	false

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Total ProceedsTotalProceeds	Amount DefeasedAmountDefeased	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Amount UnspentAmountUnspent	Capital ExpendituresCapitalExpenditures
30760000	30490000	270000	2001	false	true	true	true
36605000	36304839	300161	1999	true	false	true	true
113220869	38662147	1121250		true	false	false	true	37794049	35643423

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
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	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
See Schedule O
false	true	true	8.5000	false	false	false
(no name)
false	true	false		false	false	true
(no name)
false	false	false		false	false	true

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	Nathan O Hatch PhD	NamePerson
Purpose Of Loan	Life Ins Loan	PurposeOfLoan
Loan From Organization	X	LoanFromOrganization
Original Principal	$100,000	OriginalPrincipalAmount
Balance Due	621510	BalanceDue
Default	false	Default
Approved By Board	true	ApprovedByBoard
Written Agreement	true	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	621510	TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV (9 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Blue CrossBlue Shield NC
See Schedule O	1149221	Healthcare Administrator	false
BB&T Corp
See Schedule O	347177	Investment income	false
Brian A Kell
See Schedule O	47838	Employee Wages	false
Dr Kevin N Rask
See Schedule O	121400	Employee Wages	false
Flow Automotive Companies
See Schedule O	184169	Purchase vehicles, repair	false
Internatl Sports Properties Inc
See Schedule O	109075	Sports Marketing svcs	false
Internatl Sports Properties Inc
See Schedule O	1832069	Licensing,royalties,sponsr	false
Muriel Hopkins
See Schedule O	16200	Employee wages	false
BB&T Corp
See Schedule O	183762	Bank Fees & Loan Interest	false

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	150	NoncashContribsRptdF990
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenues

Cars And Other Vehicles CarsAndOtherVehicles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	113	NumberOfContributions
Noncash Contribs Rptd F990	84945	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	272	NumberOfContributions
Noncash Contribs Rptd F990	1575578	NoncashContribsRptdF990
Method Of Determining Revenues	Market Value	MethodOfDeterminingRevenues

Food Inventory FoodInventory

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	56	NumberOfContributions
Noncash Contribs Rptd F990	23591	NoncashContribsRptdF990
Method Of Determining Revenues	Cost	MethodOfDeterminingRevenues

Archaeological Artifacts ArchaeologicalArtifacts

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	7	NumberOfContributions
Noncash Contribs Rptd F990	21974	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	Event tickets	1	300	FMV
X	Equipment	50	191544	FMV

Field	Value	IRS element (for citing)
Number Of8283 Received	6	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 $592,764, 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 (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	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 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	See response to line 15a, above.
Form 990, Part VI, Line 12c	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 determine any potential conflicts of interest. 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 11	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 final comments and questions prior to filing the Form 990 with the IRS.
Form 990, Part VI, Line 4	Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents	Changes to Filing Organization's Bylaws:- A change in the filing organization's "Policy for the Operation of Wake Forest University School of Medicine" was approved, to reflect a new process for the appointment of the president of its related medical school subsidiary organization, Wake Forest University Health Sciences (jointly appointed by the President of the filing organization and by the CEO of Wake Forest University Baptist Medical Center, another related organization).- Changes to the authority of the Finance Committee of the filing organization's governing board, with respect to such committee's service as the board of subsidiary organizations holding real property for special purposes, were adopted.The Filing Organization's Policy Resolutions in Implementation of its Bylaws were also changed:- To mirror the Bylaws changes noted above;- To incorporate changes in the provisions of UPMIFA (North Carolina's Uniform Prudent Management of Institutional Funds Act, which replaced the former Uniform Management of Institutional Funds Act (UMIFA)) into the filing organization's "Policy on Institutional Funds"; and- To realign duties of the governing board's Finance and Investment Policy Committees, and those of the respective administrative officers (CFO and CIO), in each of those areas, to conform to their administrative responsibilities following a division of those duties into two executive positions.
Form 990, Part VI, Line 2	Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	Key employee, Ronald D. Wellman, is a Trustee of TriStone Community Bank, where the organization's Trustee, Simpson O. Brown, is an Officer of the bank.
Form 990, Part III, Line 4d	Form 990, Part III, Line 4d : Other Program Services Description	OTHER PROGRAM SERVICES 4: Wake Forest University maintains a campus with academic buildings, research laboratories, student dormitories, with space for fraternities and sororities, and recreational facilities. The grounds add to the student experience. The organization also has other auxiliary enterprises designed to enhance and improve the University and the surrounding community. The University supports, with occasional gifts, local exempt organizations, in order to enhance arts and culture in the area.
	Client Note1	Wake Forest University2009 year ended 6/30/2010Attachment to Form 990-TPART V, LINE 1: INTEREST IN OR AUTHORITY OVER A FOREIGN ACCOUNTNAME OF COUNTRY: United Kingdom, France, Spain, Austria, Italy, Nicaragua

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Business Name Line1DirectControllingEntityName/BusinessNameLine1
Creative Cafe LLC
PO Box 7201	WinstonSalem	NC	27109	263700428	Restaurant	NC	NA
Deacon Blvd Holdings I LLC
PO Box 7201	WinstonSalem	NC	27109	262203211	Real Estate Holding - Currently Inactive		NA

Form990 Schedule R Part II Form990ScheduleRPartII (11 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
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
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
Idealliance Foundation
Medical Center Blvd	WinstonSalem	NC	27157	562094000	Educational activities supporting Idealliance	NC	501(c)(3)	Line 11a	WFU Health Sciences
PTRP Development Corp
Medical Center Blvd	WinstonSalem	NC	27157	061818498	Research park development oversight	NC	501(c)(3)	Line 11a	WFU Health Sciences
Idealliance
Medical Center Blvd	WinstonSalem	NC	27157	562094067	Research Park development	NC	501(c)(6)		WFU Health Sciences
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
Wake Forest Univ Baptist Medical Center
Medical Center Blvd	WinstonSalem	NC	27157	510190238	Supports WFU Health Sciences & NC Baptist Hospital	NC	501(c)(3)	Line 11a	NA 50
Reynolda House
PO Box 7287	WinstonSalem	NC	27109	560810676	Museum of American Art	NC	501(c)(3)	Line 7	NA
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	NA
Wake Forest University Health Sciences
Medical Center Blvd	WinstonSalem	NC	27157	223849199	Medical Education, research and patient care	NC	501(c)(3)	Line 2	NA
Wake Forest University Foundation
PO Box 7201	WinstonSalem	NC	27109	562038193	Real Estate Holding and Management	NC	501(c)(3)	Line 11a	NA

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
Reynolda House
b	450000
Wake Forest University Development Fndn
n	54145
Wake Forest University Health Sciences
p	6638039
Wake Forest University Health Sciences
o	3141251
Wake Forest University Foundation
n	109257
Wake Forest University Foundation
d	536046
Wake Forest University Foundation
c	1386920
Wake Forest University Foundation
b	717629