Wake Forest University
Winstonsalem, NC · EIN 56-0532138 · Education · Rank 810 by total revenue
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 Wake Forest College, a graduate school of arts and sciences, a school of professional studies, and four professional schools.
Money, Form 990 for tax year 2024
- Total revenue
- $843,176,173
- Total expenses
- $786,273,688
- Total assets
- $2,983,355,494
- Salary base (all salaries and wages)
- $287,721,531
- Salaries, other pay and benefits
- $361,250,591
- Employees
- 6,118
- Salary base per employee
- $47,029
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (55)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Julie A Freischlag MD | EVP Health Aff. | Officer | 2 | $7,634,720 |
| Susan R Wente PhD | President & Trustee | Board, Officer | 29.3 | $1,883,267 |
| Michele Gillespie PhD | Provost | Officer | 40 | $1,127,825 |
| Jacqueline A Travisano EdD | EVP, CFO, Treas | Officer | 36.5 | $1,096,045 |
| Brian A White | VP, Corp. Sec, G.C. | Officer | 19.7 | $740,874 |
| John A Currie | Director of Athletics | Key employee | 40 | $1,377,977 |
| Jackie Krasas PhD | Dean, Wake Forest College | Key employee | 40 | $555,165 |
| Jeanne Whitman Bobbitt | Board Chair | Board | 15 | None reported |
| Curtis C Farmer | Board Vice Chair | Board | 6 | None reported |
| Matthew A King | Board Vice Chair | Board | 6 | None reported |
| Alexander Acquavella | Trustee | Board | 3 | None reported |
| Diana M Adams | Comm Vice Chair | Board | 4 | None reported |
| Lynn C Baranski | Trustee | Board | 3 | None reported |
| Shelmer D Blackburn Jr | Committee Chair | Board | 5 | None reported |
| Darlene Boytell-Perez | Trustee | Board | 3 | None reported |
| Rich Brock | Trustee | Board | 3 | None reported |
| Peter C Brockway | Comm Vice Chair | Board | 4 | None reported |
| Thomas W Bunn | Comm Vice Chair | Board | 4 | None reported |
| Jocelyn Burton | Committee Chair | Board | 6 | None reported |
| Peter M Carlson | Trustee | Board | 3 | None reported |
| David F Couch | Trustee | Board | 3 | None reported |
| Matthew Starbuck Crawford | Comm Vice Chair | Board | 4 | None reported |
| Jermyn M Davis | Committee Chair | Board | 6 | None reported |
| James E Dixon | Trustee | Board | 3 | None reported |
| The Honorable Donna F Edwards | Trustee | Board | 4 | None reported |
| Cantey M Ergen | Committee Chair | Board | 4 | None reported |
| Frederick W Eubank II | Comm Vice Chair | Board | 4 | None reported |
| Lisbeth Clark Evans | Trustee | Board | 3 | None reported |
| Helen Hough Feinberg | Trustee | Board | 3 | None reported |
| Anil Rai Gupta | Trustee | Board | 3 | None reported |
| Julie Ann Mullen Hartman | Trustee | Board | 4 | None reported |
| Marybeth Torbet Hays | Comm Vice Chair | Board | 6 | None reported |
| Frank B Holding Jr | Committee Chair | Board | 5 | None reported |
| A Dale Jenkins | Committee Chair | Board | 4 | None reported |
| Deborah D Lambert | Trustee | Board | 4 | None reported |
| Aubrey L Martin | Trustee | Board | 3 | None reported |
| Jane McGraw | Committee Chair | Board | 4 | None reported |
| James M O'Connell | Trustee | Board | 3 | None reported |
| Gary S Pinkus | Trustee | Board | 3 | None reported |
| Rev Dr Prince R Rivers | Trustee | Board | 3 | None reported |
| Gerald F Roach | Trustee | Board | 6 | None reported |
| Jorge Rodriguez | Trustee | Board | 3 | None reported |
| Stella A Ross | Trustee | Board | 3 | None reported |
| Mit B Shah | Committee Chair | Board | 6 | None reported |
| Hannah VanderWeide Shue | Trustee | Board | 3 | None reported |
| Michael C Smith | Committee Chair | Board | 6 | None reported |
| Janice K Story | Trustee | Board | 4 | None reported |
| Ben C Sutton Jr | Comm Vice Chair | Board | 5 | None reported |
| Matthew B Teller | Trustee | Board | 3 | None reported |
| Shannan Spence Townsend | Committee Chair | Board | 6 | None reported |
| Patricia L Turner | Trustee | Board | 3 | None reported |
| John M Vann | Trustee | Board | 3 | None reported |
| Laura Horton Virkler | Trustee | Board | 3 | None reported |
| Eric C Wiseman | Comm Vice Chair | Board | 5 | None reported |
| Katherine B Wright | Committee Chair | Board | 5 | None reported |
Top 10 paid people listed
These 10 people received $23,774,403, which is 8.3% of the $287,721,531 salary base shared by 6,118 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Julie A Freischlag MD | EVP Health Aff. | Officer | 2 | $0 | $7,594,629 | $40,091 | $7,634,720 |
| David P Clawson | Football Coach | Highly paid employee | 40 | $4,869,999 | $0 | $81,074 | $4,951,073 |
| Steve Forbes | Men's BktBall Co | Highly paid employee | 40 | $2,515,493 | $0 | $71,174 | $2,586,667 |
| Susan R Wente PhD | President & Trustee | Board, Officer | 29.3 | $1,519,832 | $0 | $363,435 | $1,883,267 |
| John A Currie | Director of Athletics | Key employee | 40 | $1,254,401 | $0 | $123,576 | $1,377,977 |
| Warren D Ruggiero | F'ball Offensive Coordinat | Highly paid employee | 40 | $1,070,896 | $0 | $76,070 | $1,146,966 |
| Michele Gillespie PhD | Provost | Officer | 40 | $1,015,247 | $0 | $112,578 | $1,127,825 |
| Jacqueline A Travisano EdD | EVP, CFO, Treas | Officer | 36.5 | $852,445 | $0 | $243,600 | $1,096,045 |
| Charles L Iacovou PhD | Dean, School of Profession | Highly paid employee | 40 | $869,341 | $0 | $137,726 | $1,007,067 |
| Mark A Petersen | SVP - Advancement | Former | 40 | $796,310 | $0 | $166,486 | $962,796 |
Sources
- IRS e-file return 202601359349305890 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 56-0532138
- Organization website (as filed): www.wfu.edu