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Wake Forest University

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 …

Education Winstonsalem, NC EIN 560532138 · IRS Sign up to see website
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66
Integrity Assessment
Partial transparency
66/100 · methodology

About Wake Forest University

Founded in 1834, Wake Forest University is a private university located in Winston-Salem, N.C. We are a vibrant and diverse academic community where our students study in one or more of the 45 majors and programs we offer within our seven colleges and schools.

Founded
Headquarters
Winstonsalem, NC
Foundation type
School (170(b)(1)(A)(ii))
NTEE code
B430
IRS subsection
501(c)(03)
Ruling date
Size
very-large

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2001

Mission

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 six constituent parts: Wake Forest College; the Graduate School of Arts and Sciences; the School of Law; the School of Medicine; the School of Business; 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.

Focus areas & reach

· What they work on and where
📚 Education · NTEE B430
Cause tags

How it stacks up against peers

· vs. 8 similar education in United States
Program spending This charity: 0%
Peer average: 90%
CEO comp as % of revenue This charity: 0.47%
Peer average: 0.48%
Integrity Assessment This charity: 66
Peer average: 93

Red flags

· All clear
IRS revocation history
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Common questions

· Auto-generated from filings + methodology

Wake Forest University is a registered education nonprofit based in Winstonsalem, NC, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1834 and has been operating for 192 years. Its EIN is 560532138. It has a GiveRadar Integrity Assessment of 66/100 (Partial transparency), indicating some public data is available but key signals are missing. This is below the average of 93/100 for education charities in United States. The organization reports $715M in annual revenue. 213 officers and directors are publicly disclosed. No red flags have been detected.

Wake Forest University has a GiveRadar Integrity Assessment of 66/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 66 ('Partial transparency') means some public data is on file but key signals are missing - worth a closer look before donating. For comparison, the average integrity assessment for education charities in United States is 93/100.

Wake Forest University is located in Winstonsalem, NC, United States. The organization was established in 1834 and has been active for 192 years.

Based on official tax filings, Wake Forest University has $715M in annual revenue. Its revenue is significantly above the peer average of $7M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Wake Forest University is classified as an Education organization, registered in United States. It operates as a School (170(b)(1)(A)(ii)). By size, it is categorized as a very-large organization. It has $715M in annual revenue. The organization has 213 disclosed officers and directors.

No red flags have been detected for Wake Forest University. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

Wake Forest University has a GiveRadar Integrity Assessment of 66/100. We recommend reviewing the full profile before making a donation decision. The organization is overseen by the IRS. Visit the Wake Forest University profile on GiveRadar for full details before deciding. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

Founded in 1834, Wake Forest University is a private university located in Winston-Salem, N.C. We are a vibrant and diverse academic community where our students study in one or more of the 45 majors and programs we offer within our seven colleges and schools. Wake Forest University is classified as an education organization registered in United States. The organization was founded in 1834.

Among education charities registered in United States: Wake Forest University's GiveRadar Integrity Assessment of 66/100 is below the peer average of 93/100. Its annual revenue of $715M is well above the peer average of $7M.

Yes, donations to Wake Forest University are generally tax-deductible in the United States. Wake Forest University is a 501(c)(3) tax-exempt organization. Its EIN is 560532138, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 4 official sources, last refreshed .

Annual revenue
$100M-$1B
0% to programs
Source: IRS 990 (FY2023) why this matters
Unlock exact figures

Filing history

4 years on file from IRS 990 (FY2023): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2023, FY2022, FY2021, FY2020.
Financial details are free - with a GiveRadar account

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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Staff & volunteers

From the latest filing

Employees
5,772

Leadership

BR
Bruce Hoflar Milam
EVP/CFO/Treasurer

Officers & trustees (25)

Source: Public filings

A
A D••• J••••••
Comm Vice Chair
AL
Alice K•••• H•••••
Comm Vice Chair
AL
Alice P•••••••
Trustee
AN
Andrew J L••••
Trustee
AN
Andrew R C•••
VP Career Development
AN
Anil R•• G••••
Trustee
AN
Anita M C•••••
Asst Secretary
AU
Aubrey L M•••••
Trustee
BE
Ben C S••••• J•
Trustee
BE
Beth N•••••• H••••••
Trustee on 12/20
B
B H••••• M••••
EVP, CFO, Treas
BO
Bobby R B•••••••••
Comm Vice Chair
BR
Bruce H••••• M••••
EVP/CFO/Treasurer
CA
Cantey M E••••
Committee Chair
CA
Caroline W•••••
Trustee
CA
Cathy W••• T•••••
Trustee
CH
Charles L I•••••• P••
Dean, Business School
CU
Curtis C F•••••
Committee Chair
DA
Daniel R M••••••
Former Men's BktBall Co
DA
David I W•••••••••
Trustee
DA
David P C••••••
Football Coach
DA
David W D•••••
Comm Vice Chair
DE
Deborah D L••••••
Committee Chair
DI
Diana A••••
Comm Vice Chair
DI
Diana M A••••
Committee Chair
Full names, contact details & compensation

Free with an account.

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Latest news

From global news sources

10 articles found

From global news sources

Sentiment

Neutral

Activity timeline

Filings and press mentions, merged

Mountaineers Defeat Wake Forest to Advance to Regional Final - West Virginia University Athletics
May 2026
wvusports.com
Demon Deacons Season Comes to a Close at Morgantown Regional - Wake Forest University Athletics
May 2026
godeacs.com
“The Legend of Dawson Montesa” becomes legacy with Wake Forest heroics - The Daily Athenaeum
May 2026
www.thedaonline.com
Photo Gallery I: West Virginia Mountaineers - Wake Forest Demon Deacons - WV News
May 2026
www.wvnews.com
Baseball season ends with 12-3 loss to Wake Forest - Binghamton University Athletics
May 2026
binghamtonbearcats.com
Wake Forest Defeats Binghamton to Keep Season Alive - Wake Forest University Athletics
May 2026
godeacs.com
Melin and Prieto Named to NCAA Division I PING All-Region Team - Wake Forest University Athletics
May 2026
godeacs.com
Two Demon Deacons Set for 2026 FIFA World Cup - Wake Forest University Athletics
May 2026
godeacs.com
Wake Forest Drops Opening Game of Morgantown Regional to Kentucky - Wake Forest University Athletics
May 2026
godeacs.com
Megan Gebbia Announces Women’s Basketball Staff Updates - Wake Forest University Athletics
May 2026
godeacs.com
Form filed
$686.9M revenue
FY2023
IRS 990
Form filed
$715.4M revenue
FY2022
IRS 990
Form filed
$681.7M revenue
FY2021
IRS 990
Form filed
$583.4M revenue
FY2020
IRS 990

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Peer charities

Other education in United States, by integrity assessment

Charity Score Revenue Program %
Wake Forest University This page 66 $715.4 million -
River City Education Services 93 $59.0 million 99%
Lowell Whiteman School 93 $8.0 million 90%
University of Ontario Institute of Technology 93 $197.8 million 89%
Compass Academy Charter School Inc 93 $17.7 million 86%
Chesterton Academy of Buffalo 93 $433,382 100%
Norman Howard School Inc 93 $6.0 million 86%
Monroe Christian School Society 93 $2.4 million 87%
Westbury Friends School 93 $952,618 86%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2023 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 213 disclosed in the public registry.
News and media coverage
GDELT Project + Google News

Data freshness

Last updated
May 27, 2026
Profile completeness
100%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about Wake Forest University

What is Wake Forest University?
Wake Forest University is a education school (170(b)(1)(a)(ii)) based in Winstonsalem, United States. Founded in 1834, Wake Forest University is a private university located in Winston-Salem, N.C. We are a vibrant and diverse academic community where our students study in one or more of the 45 majors and programs we offer within our seven colleges and schools.
When was Wake Forest University founded?
Wake Forest University was founded in 1834.
Who leads Wake Forest University?
Bruce Hoflar Milam serves as EVP/CFO/Treasurer.
Where is Wake Forest University located?
Headquartered in Winstonsalem, NC, United States.
What is Wake Forest University's annual budget?
Annual revenue for fiscal year 2023 is approximately $100M-$1B. 0% of expenses go to program services.
Is Wake Forest University trustworthy?
Wake Forest University has a GiveRadar Integrity Assessment of 66 out of 100 (Partial transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is Wake Forest University's registration number?
IRS EIN: 560532138.
What is Wake Forest University's website?
https://www.wfu.edu