WAKE FOREST UNIVERSITY HEALTH SCIENCES: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: WAKE FOREST UNIVERSITY HEALTH SCIENCES (EIN 22-3849199)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-14
IRS object ID: 201401349349300525
Schema version: 2012v2.1
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	2014-05-14T07:36:58-05:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	135565207	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 NORTH GREENE STREET	AddressLine1
City	GREENSBORO	City
State	NC	State
ZIP Code	27401	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	223849199	EIN

Name Name

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

Field	Value	IRS element (for citing)
Name Control	WAKE	NameControl
Phone	3367164445	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	MEDICAL CENTER BLVD	AddressLine1
City	WINSTONSALEM	City
State	NC	State
ZIP Code	27157	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHN D MCCONNELL MD	Name
Title	CEO	Title
Phone	3367164445	Phone
Date Signed	2014-05-09	DateSigned
Authorize Third Party	0	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
PTIN	P00008888	PTIN
Phone	3362753394	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JOHN D MCCONNELL MD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	MEDICAL CENTER BLVD	AddressLine1
City	WINSTONSALEM	City
State	NC	State
ZIP Code	27157	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	703867888	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WAKEHEALTH.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2001	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	IMPROVING THE HEALTH OF OUR REGION, STATE, AND NATION.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	18	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	5816	TotalNbrEmployees
Total Nbr Volunteers	1000	TotalNbrVolunteers
Total Gross UBI	21923	TotalGrossUBI
Net Unrelated Business Txbl Income	17653	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	239650189	ContributionsGrantsPriorYear
Contributions Grants Current Year	211724409	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	454332618	ProgramServiceRevenuePriorYear
Program Service Revenue CY	451897357	ProgramServiceRevenueCY
Investment Income Prior Year	21657820	InvestmentIncomePriorYear
Investment Income Current Year	30457052	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1986442	OtherRevenuePriorYear
Other Revenue Current Year	9260494	OtherRevenueCurrentYear
Total Revenue Prior Year	717627069	TotalRevenuePriorYear
Total Revenue Current Year	703339312	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	48148900	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	51568879	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	485174103	SalariesEtcPriorYear
Salaries Etc Current Year	487306778	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	1036541	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	996349	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	3991776	TotalFundrsngExpCurrentYear
Other Expense Prior Year	171664046	OtherExpensePriorYear
Other Expenses Current Year	195751580	OtherExpensesCurrentYear
Total Expenses Prior Year	706023590	TotalExpensesPriorYear
Total Expenses Current Year	735623586	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	11603479	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-32284274	RevenuesLessExpensesCY
Total Assets BOY	1084249448	TotalAssetsBOY
Total Assets EOY	1044242886	TotalAssetsEOY
Total Liabilities BOY	562643761	TotalLiabilitiesBOY
Total Liabilities EOY	538820342	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	521605687	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	505422544	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE ORGANIZATION IS PART OF WAKE FOREST BAPTIST MEDICAL CENTER, A PREEMINENT, INTERNATIONALLY RECOGNIZED ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION. OUR MISSION IS TO IMPROVE THE HEALTH OF OUR REGION, STATE AND NATION BY: GENERATING AND TRANSLATING KNOWLEDGE TO PREVENT, DIAGNOSE AND TREAT DISEASE; TRAINING LEADERS IN HEALTH CARE AND BIOMEDICAL SCIENCE; AND SERVING AS THE PREMIER HEALTH SYSTEM IN OUR REGION, WITH SPECIFIC CENTERS OF EXCELLENCE RECOGNIZED AS NATIONAL AND INTERNATIONAL CARE DESTINATIONS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	183495797	Expense
Grants	36366074	Grants
Description	MEDICAL RESEARCH, GENERAL/OTHER: RESEARCH COMPRISED OF BASIC SCIENCE CLINICAL RESEARCH AND POPULATION BASED STUDIES AND IS CENTERED ON THE ACQUISITION AND ADVANCEMENT OF SCIENTIFIC KNOWLEDGE AND NEW TECHNOLOGY AND THEIR TRANSFER TO INDUSTRY AND THE PATIENT IN ORDER TO PREVENT AND TREAT DISEASE AND PROMOTE HEALTH (1902 GRANTS).	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	415570385	Expense
Grants	133244	Grants
Revenue	421435916	Revenue
Description	PATIENT CARE AND MEDICAL EXPENSES IN PROVIDING SERVICES TO 768,476 PATIENT ENCOUNTERS.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	88623469	Expense
Grants	15069561	Grants
Revenue	34660013	Revenue
Description	PROFESSIONAL EDUCATION: INSTRUCTION OF APPROX. 1,600 MEDICAL, GRADUATE, AND PHYSICIAN ASSISTANT STUDENTS. SCHOLARSHIPS AND AID PROVIDED TO 760 STUDENTS.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Description	WAKE FOREST UNIVERSITY HEALTH SCIENCES IS AN INTEGRAL PART OF WAKE FOREST BAPTIST MEDICAL CENTER, A PREEMINENT, INTERNATIONALLY RECOGNIZED ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION. THE FOLLOWING PARAGRAPHS ARE PROVIDED TO EXPLAIN THE RELATIONSHIP OF THE FILING ORGANIZATION WITH OTHER ORGANIZATIONS WHICH TOGETHER COMPRISE "WAKE FOREST BAPTIST MEDICAL CENTER", THE NAME, NOT OF ANY ONE CORPORATE ENTITY, BUT THAT IS USED GENERICALLY TO DESCRIBE A LARGE GROUP OF MOSTLY TAX-EXEMPT 501 (C)(3) ORGANIZATIONS PERFORMING VARIOUS ACADEMIC MEDICAL CENTER ACTIVITIES IN NORTHWEST NORTH CAROLINA, INCLUDING PATIENT CARE (THE "CLINICAL ENTERPRISE"), MEDICAL RESEARCH AND TECHNOLOGY TRANSFER (THE "INNOVATION ENTERPRISE") AND MEDICAL EDUCATION (THE "ACADEMIC ENTERPRISE"). BECAUSE THESE ACTIVITIES ARE NOT ALL PERFORMED BY EACH ORGANIZATION, THE NARRATIVE THAT FOLLOWS WILL INCLUDE DESCRIPTIONS OF ACTIVITIES THAT ARE NOT PERFORMED BY THE FILING ORGANIZATION BUT BY A RELATED (OR UNRELATED BUT AFFILIATED) ORGANIZATION; THEY ARE AGAIN PROVIDED TO ILLUSTRATE A COMPLETE PICTURE OF THE FILING ORGANIZATION'S ROLE IN THIS INTEGRATED ACADEMIC MEDICAL CENTER'S COMPREHENSIVE ACTIVITIES. WAKE FOREST BAPTIST MEDICAL CENTER IS NORTHWEST NORTH CAROLINA'S SOLE ACADEMIC MEDICAL CENTER, BRINGING TO THE REGION THE RESOURCES OF ONE OF AMERICA'S TOP HOSPITALS AND INNOVATIVE RESEARCH CENTERS AND A PREMIER MEDICAL SCHOOL. WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER IS A CORPORATION WHOSE MEMBERS ARE WAKE FOREST UNIVERSITY AND NORTH CAROLINA BAPTIST HOSPITAL. WAKE FOREST BAPTIST MEDICAL CENTER OPERATES WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE AND HAS A FACULTY OF 1,165, INCLUDING PHYSICIANS AND BASIC SCIENTISTS. THE MEDICAL CENTER HAS 1,004 ACUTE CARE AND REHABILITATION BEDS OPERATIVE ACROSS THE SYSTEM, WHICH ENCOMPASSES ITS MAIN CAMPUS (885 BEDS), BRENNER CHILDREN'S HOSPITAL (160 BEDS, INCLUDED IN MAIN CAMPUS TOTAL); WAKE FOREST BAPTIST HEALTH-LEXINGTON MEDICAL CENTER (94 BEDS); AND WAKE FOREST BAPTIST HEALTH-DAVIE MEDICAL CENTER (25 BEDS). THE MEDICAL CENTER PRIMARILY SERVES A 24-COUNTY REGION IN NORTHWESTERN NORTH CAROLINA AND SOUTHWESTERN VIRGINIA, BUT DRAWS PATIENTS FROM ACROSS THE STATE AND NATION FOR SELECT SERVICES.WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE IS THE DRIVING FORCE BEHIND THE ESTABLISHMENT OF WAKE FOREST INNOVATION QUARTER, A FAST-GROWING HUB FOR BIOMEDICAL AND MATERIAL SCIENCES AND INFORMATION TECHNOLOGY IN DOWNTOWN WINSTON-SALEM. IN 2014, THE INNOVATION QUARTER WILL WELCOME INMAR, AN INFORMATION SERVICES COMPANY THAT WILL HAVE 900 EMPLOYEES AT ITS NEW HOME IN A RENOVATED FORMER R.J. REYNOLDS TOBACCO CO. BUILDING. IT WILL BE IN ONE OF TWO NEW BUILDINGS TO BE OPENED IN THE INNOVATION QUARTER; THE SECOND BUILDING WILL BE HOME BOTH TO WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE'S DIVISION OF PUBLIC HEALTH SCIENCES, ITS PHYSICIAN ASSISTANT PROGRAM AND TO A NEW CENTER FOR EMERGING TECHNOLOGIES THAT WILL BE OPENED BY FORSYTH TECHNICAL COMMUNITY COLLEGE. THE BUSINESS, ACADEMIC AND RESEARCH CORE AT THE INNOVATION QUARTER COMBINES WITH OTHER OFFERINGS SUCH AS A NEARBY PARK (OFFERING OUTDOOR YOGA, A FILM SERIES AND MORE) AND A BRANCH OF THE YMCA TO MAKE IT A DIVERSE AREA OF REVITALIZED GROWTH IN WINSTON-SALEM.1. CLINICAL SERVICES WAKE FOREST BAPTIST MEDICAL CENTER IS NATIONALLY RECOGNIZED FOR CLINICAL EXCELLENCE AND INTERNATIONALLY KNOWN FOR PIONEERING RESEARCH AND CLINICAL INNOVATION. IT OFFERS EXPERTISE IN MORE THAN 100 AREAS OF MEDICINE, ENCOMPASSING COMPREHENSIVE PREVENTIVE AND HIGHLY SPECIALIZED CARE FOR ALL AGES. WAKE FOREST BAPTIST MEDICAL CENTER INCLUDES 42 SUBSIDIARIES, JOINT VENTURES AND AFFILIATE HOSPITALS, AND OPERATES APPROXIMATELY 80 OUTREACH ACTIVITIES, INCLUDING SATELLITE SPECIALTY CLINICS, ACROSS NORTHWEST NORTH CAROLINA.IN THE PAST FISCAL YEAR, WAKE FOREST BAPTIST MEDICAL CENTER COMPLETED A $125 MILLION EXPANSION OF ITS COMPREHENSIVE CANCER CENTER, WHICH CONSOLIDATED INPATIENT AND OUTPATIENT SERVICES INTO A SINGLE LOCATION. THE NEW CENTER OFFERS 530,600 SQUARE FEET OF SPACE TO PATIENTS, MAKING IT THE LARGEST INTEGRATED CANCER CENTER IN NORTH CAROLINA. ALSO IN 2013, WAKE FOREST BAPTIST MEDICAL CENTER OPENED A NEW STATE-OF-THE-ART CLINICAL CAMPUS, DAVIE MEDICAL CENTER-BERMUDA RUN, WHICH INCLUDES A 24/7/365 EMERGENCY DEPARTMENT, AND A NEW WEIGHT MANAGEMENT CENTER AT ITS MEDICAL PLAZA-COUNTRY CLUB SITE THAT COMBINES MEDICAL AND SURGICAL WEIGHT LOSS PROGRAMS IN ONE LOCATION. OVERALL IN FY 2013, WAKE FOREST BAPTIST HAD 38,696 INPATIENT ADMISSIONS AND 1,051,359 OUTPATIENT ENCOUNTERS (EMERGENCY DEPARTMENT, DOWNTOWN HEALTH PLAZA, DAY HOSPITAL, AMBULATORY VISITS). THE TOTAL PATIENT ENCOUNTERS NUMBERED 1,090,055.2. OUTREACHTHE DOWNTOWN HEALTH PLAZA IS A FULL-SERVICE, OUTPATIENT MEDICAL CLINIC THAT SERVES MANY OF FORSYTH COUNTY'S UNINSURED AND UNDERINSURED RESIDENTS WITH A STATE-OF-THE-ART MEDICAL HOME. EXPERTS FROM 12 WAKE FOREST BAPTIST MEDICAL CENTER DEPARTMENTS PROVIDE COORDINATED CARE THAT INCLUDES ADULT MEDICINE, PEDIATRICS, OBSTETRICS AND GYNECOLOGY, AS WELL AS AN ONSITE PHARMACY, LABORATORY AND RADIOLOGY SERVICES (INCLUDING MAMMOGRAPHY). THE DOWNTOWN HEALTH PLAZA PLAYS A SIGNIFICANT ROLE IN COMMUNITY HEALTH, PROVIDING COMMUNITY HEALTH FAIRS, DIABETES EDUCATION AND A COMMUNITY PREGNANCY PROGRAM THAT IS REDUCING THE INCIDENCE OF LOW BIRTH WEIGHT BABIES. A TOTAL OF 65,541 PATIENT VISITS WERE RECORDED AT THE PLAZA BETWEEN JULY 2012 AND JUNE 2013. COSTS ARE SUBSIDIZED BY WAKE FOREST BAPTIST MEDICAL CENTER. WAKE FOREST BAPTIST MEDICAL CENTER ALSO OPERATES NUMEROUS INNOVATIVE COMMUNITY OUTREACH PROGRAMS, INCLUDING:- BEST HEALTH, WHICH OFFERS HEALTH SEMINARS LED BY WAKE FOREST BAPTIST HEALTH EXPERTS, HEALTH SCREENINGS, COOKING AND FITNESS CLASSES, AND ONLINE HEALTH RESOURCES.- FAITHHEALTHNC, AN INITIATIVE THAT CONNECTS THE CARING STRENGTHS OF CONGREGATIONS, THE CLINICAL EXPERTISE OF PROVIDERS AND A NETWORK OF COMMUNITY RESOURCES TO EASE THOSE ON THE JOURNEY TO HEALTH AND HEALING, STRENGTHENING COMMUNITIES IN THE PROCESS.- BE INVOLVED, AN ONLINE RESOURCE THAT ALLOWS THE PUBLIC ACCESS TO INFORMATION ABOUT HUNDREDS OF CLINICAL STUDIES. THE SITE ALLOWS PEOPLE TO REGISTER TO BE NOTIFIED WHEN STUDIES BEGIN THAT COULD MATCH CONDITIONS THEY FACE.3. EDUCATIONAL MISSION AND ACCOMPLISHMENTS THE CONSTITUENT ORGANIZATIONS OF WAKE FOREST BAPTIST MEDICAL CENTER OPERATE A BROAD RANGE OF EDUCATIONAL PROGRAMS, GRADUATING SKILLED PRACTITIONERS. IT ATTRACTS SOME OF THE WORLD'S MOST COMPETITIVE MEDICAL STUDENTS, RESIDENTS AND FELLOWS, AS WELL AS STUDENTS IN CLINICAL PASTORAL CARE, NURSE ANESTHESIA AND OTHER AREAS. IN THE PAST YEAR, WAKE FOREST BAPTIST INVESTED MORE THAN $56 MILLION IN THE EDUCATION OF TOMORROW'S HEALTH CARE AND BIOMEDICAL LEADERS. THAT INVESTMENT SUPPORTED THE TRAINING OF 469 MEDICAL STUDENTS, 683 PHYSICIAN RESIDENTS AND FELLOWS, 308 GRADUATE STUDENTS AND 124 PHYSICIAN ASSISTANTS. ALSO LAST YEAR, THE NORTHWEST AREA HEALTH EDUCATION CENTER, PART OF WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE, PROVIDED 1,910 CONTINUING MEDICAL EDUCATION ACTIVITIES FOR 33,518 PARTICIPANTS THROUGHOUT THE REGION.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	687689651	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	1	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	1	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	1	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	1	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	1	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	1	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transaction Related Entity	1	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	942	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	5816	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	18	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	1	FamilyOrBusinessRelationship
Delegation Of Management Duties	1	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	1	InvestmentInJointVenture
Written Policy Or Procedure	1	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	NC	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	DOUGLAS E LISCHKE CONTROLLER	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3367164445	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	MEDICAL CENTER BLVD	AddressLine1
City	WINSTON SALEM	City
State	NC	State
ZIP Code	27157	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (40 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
DONALD E FLOW
DIRECTOR	3.00	24.00	X	0	0	0
DONNA A BOSWELL PHD
CHAIR OF BOARD	4.00	12.20	X	0	0	0
JAMES R HELVEY III
DIRECTOR	4.00		X	0	0	0
ANDREW J SCHINDLER
DIRECTOR	2.00	4.00	X	0	0	0
JAMES J MARINO
DIRECTOR	2.00	3.00	X	0	0	0
JAMES T WILLIAMS JR
VICE CHAIR OF BOARD	3.00	8.00	X	0	0	0
GERALD F ROACH
DIRECTOR	2.00	4.00	X	0	0	0
GRAHAM F BENNETT
DIRECTOR	2.00	4.00	X	0	0	0
BRENDA K CLINE
DIRECTOR	2.00		X	0	0	0
GRAHAM W DENTON JR
DIRECTOR	2.00	6.00	X	0	0	0
MITESH B SHAH
DIRECTOR	2.00	5.20	X	0	0	0
ROBERT E GREENE
DIRECTOR	2.00	4.50	X	0	0	0
J ANDREWS HANCOCK III
DIRECTOR	2.00		X	0	0	0
RICHARD A BRENNER
DIRECTOR	2.00		X	0	0	0
STEPHEN T WILLIAMS
DIRECTOR	2.00		X	0	0	0
JAMES W JOHNSTON
DIRECTOR	2.00		X	0	0	0
MATTHEW A KING
DIRECTOR	2.00	3.50	X	0	0	0
NATHAN O HATCH PHD
DIRECTOR & PRESIDENT OF WF	3.00	37.00	X	0	948602	332623	X
JOHN D MCCONNELL MD
DIRECTOR & CEO	9.00	31.00	X	1370748	0	690944	X
EDWARD ABRAHAM MD
DEAN	30.00	10.00		669778	0	181890	X
J REID MORGAN
SECRETARY & GENERAL COUNSE	8.00	32.00		0	477612	120218	X
ANITA M CONRAD
ASSISTANT SECRETARY	10.00	30.00		0	156235	29981	X
EDWARD G CHADWICK
EXECUTIVE VP CFO & TREASUR	3.20	36.80		709971	0	246494	X
TERRY L HALES JR
ASSISTANT TREASURER	13.50	26.50		457618	0	105211	X
THOMAS E SIBERT MD
PRESIDENT & COO OF WFBH	4.40	35.60		885483	0	141102	X
RUSSELL M HOWERTON MD
CHIEF MEDICAL OFFICER	18.00	22.00		602178	0	155013	X
LISA M WYATT
VP CH COMMUNICATIONS/MARKE	15.10	24.90		386954	0	75110	X
CHERYL E H LOCKE
VP CHIEF HUMAN RESOURCES O	15.00	25.00		439652	0	97854	X
SHEILA M SANDERS
VP CHIEF INFORMATION OFFIC	9.00	31.00		478904	0	104120	X
NORMAN D POTTER JR
VP DEVELOPMENT & ALUMNI AF	15.00	25.00		348231	0	83878	X
KAREN H HUEY
VP FACILITIES	4.60	35.40		363748	0	71481	X
JOANNE C RUHLAND
VP GOVERNMENT AFFAIRS	15.00	25.00		255643	0	71023	X
NEAL KON MD
DEPARTMENT CHAIR	40.00			1039338	0	42310		X
ROSS UNGERLEIDER MD
CHIEF, PEDIATRIC HEART PRO	40.00			1061785	0	181537		X
EDWARD KINCAID MD
ASSOCIATE PROFESSOR	40.00			886438	0	42182		X
MALCOLM MARKS MD
DEPARTMENT CHAIR	40.00			804006	0	45533		X
CHARLES BRANCH JR MD
DEPARTMENT CHAIR	40.00			916784	0	38593		X
WILLIAM B APPLEGATE MD
FORMER OFFICER	40.00			853907	0	38889			X
DOUGLAS L EDGETON
FORMER OFFICER	40.00			606902	0	19712			X
RAYMOND C ROY MD
FORMER KEY EMPLOYEE	40.00			260720	0	40652			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	13398788	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	1582449	TotalReportableCompFrmRltdOrgs
Total Other Compensation	2956350	TotalOtherCompensation
Number Individuals GT100 K	1120	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	1	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
FRANK L BLUM CONSTRUCTION CO
830 EAST 25TH STREET	WINSTON SALEM	NC	27105	CONSTRUCTION	6519469
SUMMIT HEALTHCARE GROUP
4622 COUNTRY CLUB RD	WINSTON SALEM	NC	27104	PROFESSIONAL SERVICES	3772662
HURON CONSULTING SERVICES LLC
550 WEST VAN BUREN ST	CHICAGO	IL	60607	CONSULTING	3702390
DANN DORFMAN HERRELL & SKILLMAN
1601 MARKET-FRANKFORD LINE	PHILADELPHIA	PA	19103	LEGAL SERVICES	2780313
THE BUDD GROUP
218 INDUSTRIAL AVE	GREENSBORO	NC	27406	ENVIRONMENTAL SERVICES	2395405

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	82	NumberOfContractorsGT100K
Fundraising Events	370911	FundraisingEvents
Government Grants	177732915	GovernmentGrants
All Other Contributions	33620583	AllOtherContributions
Noncash Contributions	1194690	NoncashContributions
Total Contributions	211724409	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MEDICAL SERVICES	621110	417237344	417237344
TUITION AND FEES	611710	34660013	34660013

Field	Value	IRS element (for citing)
Total Program Service Revenue	451897357	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	25843134	TotalRevenueColumn
Exclusion	$25,843,134	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2537968	TotalRevenueColumn
Exclusion	$2,537,968	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	2323305	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	2323305	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	2323305	TotalRevenueColumn
Exclusion	$2,323,305	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	4613918	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	0	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	4613918	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	4613918	TotalRevenueColumn
Exclusion	$4,613,918	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	707302	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	370911	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	528576	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	178726	TotalRevenueColumn
Exclusion	$178,726	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
ADMIN & OTHER	611710	2680493	2658570	21923
PARKING	621990	1540002	1540002

Field	Value	IRS element (for citing)
Total Other Revenue	4220495	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	703339312	TotalRevenueColumn
Related Or Exempt Function Income	456095929	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	21923	UnrelatedBusinessRevenue
Exclusion	$35,497,051	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	36499318	Total
Program Services	36499318	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	15069561	Total
Program Services	15069561	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	19412907	Total
Program Services	19112006	ProgramServices
Management And General	203836	ManagementAndGeneral
Fundraising	97065	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	391100739	Total
Program Services	385038677	ProgramServices
Management And General	4106558	ManagementAndGeneral
Fundraising	1955504	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	5303998	Total
Program Services	5152110	ProgramServices
Management And General	104889	ManagementAndGeneral
Fundraising	46999	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	61934910	Total
Program Services	59067323	ProgramServices
Management And General	2328753	ManagementAndGeneral
Fundraising	538834	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	9554224	Total
Program Services	9111863	ProgramServices
Management And General	359239	ManagementAndGeneral
Fundraising	83122	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	916611	Total
Program Services	916611	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	6543406	Total
Management And General	6543406	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	869802	Total
Management And General	869802	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	261746	Total
Program Services	261746	ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	996349	Total
Fundraising	996349	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	36582832	Total
Program Services	32748299	ProgramServices
Management And General	3804415	ManagementAndGeneral
Fundraising	30118	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1052822	Total
Program Services	937163	ProgramServices
Management And General	109107	ManagementAndGeneral
Fundraising	6552	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	5458541	Total
Program Services	4858885	ProgramServices
Management And General	565687	ManagementAndGeneral
Fundraising	33969	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	2530876	Total
Program Services	2252843	ProgramServices
Management And General	262283	ManagementAndGeneral
Fundraising	15750	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	1317515	Total
Program Services	1317515	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	32055656	Total
Program Services	11799687	ProgramServices
Management And General	20198269	ManagementAndGeneral
Fundraising	57700	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	8224022	Total
Program Services	7320560	ProgramServices
Management And General	852283	ManagementAndGeneral
Fundraising	51179	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	3992847	Total
Program Services	3554207	ProgramServices
Management And General	413792	ManagementAndGeneral
Fundraising	24848	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	6898476	Total
Program Services	6376951	ProgramServices
Management And General	521525	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	28237621	Total
Program Services	26438885	ProgramServices
Management And General	1798736	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	8644333	Total
Program Services	7694705	ProgramServices
Management And General	895841	ManagementAndGeneral
Fundraising	53787	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
BAD DEBT	27323066	27323066
MEDICAL SUPPLIES	24837670	24837670
UBIT	3738		3738

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	735623586	Total
Program Services	687689651	ProgramServices
Management And General	43942159	ManagementAndGeneral
Fundraising	3991776	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	95632119	BOY
EOY	38955524	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	37127600	BOY
EOY	44955070	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	83942113	BOY
EOY	48003700	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	4073474	BOY
EOY	3245574	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	285178	BOY
EOY	216559	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	680861	BOY
EOY	263973	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	645137154	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	339784652	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	315395899	BOY
EOY	305352502	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	20859713	BOY
EOY	21060792	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	433871702	BOY
EOY	449463698	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	41452547	BOY
EOY	38256283	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	2486720	BOY
EOY	2486720	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	48441522	BOY
EOY	91982491	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1084249448	BOY
EOY	1044242886	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	111969366	BOY
EOY	108359915	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	35085	BOY
EOY	35085	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	87566231	BOY
EOY	84208907	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	89110000	BOY
EOY	187608698	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	141250139	BOY
EOY	21737995	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	132712940	BOY
EOY	136869742	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	562643761	BOY
EOY	538820342	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	340760531	BOY
EOY	313000038	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	48712629	BOY
EOY	51738091	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	132132527	BOY
EOY	140684415	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	521605687	BOY
EOY	505422544	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1084249448	BOY
EOY	1044242886	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-32284274	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	12797560	ReconciliationUnrealizedInvest
Reconcilation Other Changes	3303571	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	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)
Volunteers	0	Volunteers
Paid Staff Or Management	1	PaidStaffOrManagement
Media Advertisements	0	MediaAdvertisements
Mailings Members	0	MailingsMembers
Publications Or Broadcast	0	PublicationsOrBroadcast
Grants Other Organizations	0	GrantsOtherOrganizations
Direct Contact Legislators	1	DirectContactLegislators
Direct Contact Legislators	$261,746	DirectContactLegislatorsAmount
Rallies Demonstrations	0	RalliesDemonstrations
Other Activities	0	OtherActivities
Total Lobbying Expenditures IIB	261746	TotalLobbyingExpendituresIIB
Not Described In501c3	0	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	EXPLANATION OF LOBBYING ACTIVITIES:	Identifier
Return Reference	PART II-B, LINE 1:	ReturnReference
Explanation	GOVERNMENT RELATIONS THE OFFICE OF GOVERNMENT RELATIONS WAS ACTIVELY INVOLVED WITH SEVERAL FEDERAL AND STATE ISSUES. THE OFFICE ASSISTED IN DEVELOPING POLITICAL ADVOCACY STRATEGIES REGARDING CHANGES TO THE 340B DRUG DISCOUNT PROGRAM; REALIGNMENT OF MEANINGFUL USE STAGE 2 REQUIREMENTS TO ENSURE A SAFE, ORDERLY TRANSITION; AND GUIDANCE REGARDING SEQUESTRATION FOR MEDICARE AND THE NIH. STAFF WORKED ON THE FY2014 BUDGET AND THE 2014 MEDICARE PHYSICIAN FEE SCHEDULE. THEY ALSO WORKED ON THE MEDICARE PHYSICIAN PAYMENTS INCLUDING ADJUSTMENTS AND POSSIBLE REPEAL OF THE SUSTAINABLE GROWTH RATE (SGR). STAFF ALSO WORKED ON MANY OF THE FY 2014 APPROPRIATIONS BILLS AND PROPOSED LEGISLATION AND REGULATIONS THAT WERE INTRODUCED, INCLUDING DEPARTMENT OF DEFENSE; DEPARTMENT OF HEALTH AND HUMAN SERVICES; AND VETERANS AFFAIRS (VA) RESEARCH AND MEDICAL CARE FUNDING; THE "TRAINING TOMORROW'S DOCTORS TODAY ACT" (HR 1201), THE "RESIDENT PHYSICIAN SHORTAGE REDUCTION ACT OF 2013" (S577), AND THE "MEDICARE AUDIT IMPROVEMENT ACT" (HR 1250, S 1-12). THE OFFICE ASSISTED WITH THE FOLLOWING: (1) IRS PROPERTY-TAX EXEMPTIONS FOR NONPROFITS GUIDELINES AND COMMUNITY BENEFITS ANALYSIS; (2) NIH APPROPRIATIONS AND FUNDING FOR HEALTH PROFESSIONS; AND (3) DELAY OF THE COMPLIANCE DATE FOR ICD-10-CM AND ICD-10-PCS MEDICAL DATA CODE SETS. AT THE STATE LEVEL, EFFORTS WERE CONCENTRATED ON FUNDING FOR THE WAKE FOREST INSTITUTE FOR REGENERATIVE MEDICINE; THE FEDERALLY RUN INSURANCE EXCHANGE AND MEDICAID EXPANSION UNDER THE AFFORDABLE CARE ACT; THE FY 2014-15 MEDICAID BUDGET; AND LEGISLATION REGARDING CERTIFICATE-OF-NEED LAWS, MENTAL HEALTH ISSUES, TRANSPARENCY AND REFORMING THE TAX CODE INCLUDING SALES TAX REFUND PROTECTION PROVISIONS.	Explanation

Schedule D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	384485637	BeginningOfYearBalance
Contributions	6615075	Contributions
Investment Earnings Or Losses	27297037	InvestmentEarningsOrLosses
Grants Or Scholarships	17122493	GrantsOrScholarships
End Of Year Balance	401275256	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	392450494	BeginningOfYearBalance
Contributions	7419543	Contributions
Investment Earnings Or Losses	2120543	InvestmentEarningsOrLosses
Grants Or Scholarships	17504943	GrantsOrScholarships
End Of Year Balance	384485637	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	355828276	BeginningOfYearBalance
Contributions	6176824	Contributions
Investment Earnings Or Losses	49922940	InvestmentEarningsOrLosses
Grants Or Scholarships	19477546	GrantsOrScholarships
End Of Year Balance	392450494	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	331914802	BeginningOfYearBalance
Contributions	5930071	Contributions
Investment Earnings Or Losses	33747985	InvestmentEarningsOrLosses
Grants Or Scholarships	15764582	GrantsOrScholarships
End Of Year Balance	355828276	EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	431674776	BeginningOfYearBalance
Contributions	6480757	Contributions
Investment Earnings Or Losses	-82590445	InvestmentEarningsOrLosses
Grants Or Scholarships	23650286	GrantsOrScholarships
End Of Year Balance	331914802	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.59900	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.28760	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.11340	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	1	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	1	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	91305486	OtherCostOrOtherBasis
Book Value	91305486	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	364794784	OtherCostOrOtherBasis
Depreciation	213827185	Depreciation
Book Value	150967599	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	175696266	OtherCostOrOtherBasis
Depreciation	125957467	Depreciation
Book Value	49738799	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	13340618	OtherCostOrOtherBasis
Book Value	13340618	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	305352502	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
WFU POOL INVESTMENTS	448871318	F
INV IN PARTNERSHIPS	592380	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	449463698	TotalOfBookValueSecurities

Other Assets OtherAssets (6 entries)

DescriptionDescription	Book ValueBookValue
BOND ISSUANCE COSTS	1397294
INVESTMENT IN ANNUITIES & LIFE INSURANCE	3212639
INVESTMENT IN SUBS	37843334
BENEFICIAL INTEREST IN PERPETUAL TRUSTS	20032739
FUNDS HELD UNDER RETIREMENT & BENEFIT PLANS	26060039
POST RETIREMENT INVESTMENT	3436446

Field	Value	IRS element (for citing)
Total Book Value Other Assets	91982491	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
INTERCOMPANY PAYABLE	$37,525,456
PLI RESERVE	$10,729,847
INSURANCE RECOVERY	$7,534,311
BOND SWAP VALUATION	$4,552,301
OTHER LIABILITIES & DEFERRALS	$66,855,392
ANNUITIES PAYABLE	$3,898,035
AGENCY FUNDS	$5,774,400

Field	Value	IRS element (for citing)
Total Of Amounts	136869742	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO SUPPORT SCHOLARSHIPS, INSTRUCTION, RESEARCH, LIBRARIES, ACADEMIC SUPPORT, OPERATIONAL AND OTHER GENERAL SUPPORT.
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X, LINE 2:	THE ORGANIZATION HAS EVALUATED UNCERTAIN TAX POSITIONS FOR ITS FISCAL YEARS ENDED JUNE 30, 2013 AND 2012, INCLUDING A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF ITS JOINT VENTURES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2013 AND 2012.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION	SCHEDULE E, PART I, LINE 3	WFUHS PUBLISHES ITS NONDISCRIMINATION POLICY ON THE WAKEHEALTH.EDU WEBSITE, IN ADMISSION BROCHURES, AND OTHER MEDIA MATERIALS.
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE	SCHEDULE E, PART I, LINE 6	WFUHS RECEIVES FEDERAL FINANCIAL AID THROUGH THE U.S. DEPARTMENT OF EDUCATION'S FEDERAL DIRECT LOAN PROGRAM. WFUHS DISTRIBUTED THE FEDERAL LOANS TO APPROXIMATELY 514 STUDENTS IN FISCAL YEAR 2013.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)

RegionRegion	Number Of EmployeesNumberOfEmployees	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
EAST ASIA AND THE PACIFIC	1	PROGRAM SERVICES	SUBCONTRACT FOR RESEARCH GRANTS	11035
EUROPE (INCLUDING ICELAND & GREENLAND) -	2	PROGRAM SERVICES	SUBCONTRACT FOR RESEARCH GRANTS	34432
NORTH AMERICA - CANADA AND MEXICO, BUT	1	PROGRAM SERVICES	SUBCONTRACT FOR RESEARCH GRANTS	7552
SOUTH ASIA	1	PROGRAM SERVICES	SUBCONTRACT FOR RESEARCH GRANTS	4809

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	5	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	5	TotalNumberOfEmployees
Subtotal Amount Spent	57828	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	57828	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (3 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
EAST ASIA AND THE PACIFIC -	SUBCONTRACT FOR RESEARCH GRANT FOR FULL BODY MODELS	11035	CHECK
NORTH AMERICA - CANADA AND MEXICO, BUT	SUBCONTRACT FOR RESEARCH GRANT - FREQUENT HEMODIALYSIS NETWORK	7552	CHECK
EUROPE (INCLUDING ICELAND & GREENLAND) -	SUBCONTRACT FOR RESEARCH GRANT - SNP'S ASSOCIATE WITH AGRESSIVE PROSTATE CANCER IN A GENOME WIDE ASSOCIATION STUDY	31110	CHECK

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	3	TotalNumberOf501c3Orgs
Total Number Of Other Orgs	0	TotalNumberOfOtherOrgs
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

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	1	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (4 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Gross ReceiptsGrossReceipts	Amount Retained By ContractorAmountRetainedByContractor	Net To OrganizationNetToOrganization
HARRIS CONNECT
CROSSWAYS BLVD	CHESAPEAKE	VA	23320	SEE ATTACHED	0	558965	878599	-319634
WILDELWRA
SUMMER ST	HOLLISTEN	MA	01746	SEE ATTACHED	0	7208	8250	-1042
TRANSFORMATIONAL DEV
VAN BUREN	OXFORD	MA	38655	SEE ATTACHED	0	0	90000	-90000
GG&A
MICHIGAN AVE	CHICAGO	IL	60611	SEE ATTACHED	0	0	19500	-19500

Field	Value	IRS element (for citing)
Total Gross Receipts	566173	TotalGrossReceipts
Total Retained By Contractors	996349	TotalRetainedByContractors
Total Net To Organization	-430176	TotalNetToOrganization
Licensed States	AK	LicensedStates
Licensed States	AL	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	AZ	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	DE	LicensedStates
Licensed States	FL	LicensedStates
Licensed States	GA	LicensedStates
Licensed States	HI	LicensedStates
Licensed States	IA	LicensedStates
Licensed States	ID	LicensedStates
Licensed States	IL	LicensedStates
Licensed States	IN	LicensedStates
Licensed States	KS	LicensedStates
Licensed States	KY	LicensedStates
Licensed States	LA	LicensedStates
Licensed States	MD	LicensedStates
Licensed States	ME	LicensedStates
Licensed States	MI	LicensedStates
Licensed States	MN	LicensedStates
Licensed States	MO	LicensedStates
Licensed States	MS	LicensedStates
Licensed States	MT	LicensedStates
Licensed States	NC	LicensedStates
Licensed States	NE	LicensedStates
Licensed States	NH	LicensedStates
Licensed States	NJ	LicensedStates
Licensed States	NM	LicensedStates
Licensed States	NV	LicensedStates
Licensed States	NY	LicensedStates
Licensed States	OH	LicensedStates
Licensed States	OK	LicensedStates
Licensed States	OR	LicensedStates
Licensed States	PA	LicensedStates
Licensed States	RI	LicensedStates
Licensed States	SC	LicensedStates
Licensed States	SD	LicensedStates
Licensed States	TN	LicensedStates
Licensed States	TX	LicensedStates
Licensed States	UT	LicensedStates
Licensed States	VA	LicensedStates
Licensed States	VT	LicensedStates
Licensed States	WA	LicensedStates
Licensed States	WI	LicensedStates
Licensed States	WV	LicensedStates
Licensed States	WY	LicensedStates

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	WINTERLARK	NameOfEvent1
Gross Receipts Event1	445451	GrossReceiptsEvent1
Charitable Contributions Event1	89650	CharitableContributionsEvent1
Gross Revenue Event1	355801	GrossRevenueEvent1
Rent Facility Costs Event1	77237	RentFacilityCostsEvent1
Entertainment Event1	1100	EntertainmentEvent1
Other Direct Expenses Event1	89268	OtherDirectExpensesEvent1
Name Of Event2	FEST OF TREES	NameOfEvent2
Gross Receipts Event2	172141	GrossReceiptsEvent2
Charitable Contributions Event2	32076	CharitableContributionsEvent2
Gross Revenue Event2	140065	GrossRevenueEvent2
Rent Facility Costs Event2	10730	RentFacilityCostsEvent2
Other Direct Expenses Event2	92339	OtherDirectExpensesEvent2
Total Number Of Other Events	5	TotalNumberOfOtherEvents
Gross Receipts Other Events	460621	GrossReceiptsOtherEvents
Charitable Contrib Other Events	249185	CharitableContribOtherEvents
Gross Revenue Other Events	211436	GrossRevenueOtherEvents
Rent Facility Costs Other Events	18497	RentFacilityCostsOtherEvents
Other Direct Expenses Other Events	239405	OtherDirectExpensesOtherEvents
Gross Receipts Total	1078213	GrossReceiptsTotal
Charitable Contributions Total	370911	CharitableContributionsTotal
Gross Revenue Total Events	707302	GrossRevenueTotalEvents
Rent Facility Costs Total Events	106464	RentFacilityCostsTotalEvents
Entertainment Total Events	1100	EntertainmentTotalEvents
Other Direct Expenses Total Events	421012	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	528576	DirectExpenseSummaryEvents
Net Income Summary	178726	NetIncomeSummary

Form990 Schedule G Part IV Form990ScheduleGPartIV

Field	Value	IRS element (for citing)
Identifier	EXPLANATION OF FUNDRAISING PAYMENTS	Identifier
Return Reference	SCHEDULE G, PART I, LINE 2B, COLUMN (V)	ReturnReference
Explanation	PURSUANT TO THE MEDICAL CENTER INTEGRATION AGREEMENT, MANAGEMENT OF WAKE FOREST UNIVERSITY HEALTH SCIENCES AND NORTH CAROLINA BAPTIST HOSPITAL WAS DELEGATED TO WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER. WHILE THE PROFESSIONAL FUNDRAISING PAYMENTS ARE MADE BY WAKE FOREST UNIVERSITY HEALTH SCIENCES, THE PROFESSIONAL FUNDRAISING CONTRACTS ARE BETWEEN WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER AND THE PROFESSIONAL FUNDRAISER. HARRIS CONNECT PROVIDES FUNDRAISING CONSULTATION, DONOR ACQUISITION AND RENEWAL SOLICITATION, PROGRAM EVALUATION, PLEDGE REMINDERS, DATA RESEARCH, DATA STORAGE, SURVEY QUESTIONNAIRES, E-MAIL STEWARDSHIP, ONLINE EVENT REGISTRATION AND PCI COMPLIANCE. TRANSFORMATIONAL DEVELOPMENT COUNSEL PROVIDES STRATEGIC CONSULTATION FOR PLANNING AND LAUNCHING A CAPITAL CAMPAIGN. WILDE ASSISTS WITH DONOR LISTS, DIRECT MAIL CAMPAIGNS AND RESULTS ASSESSMENT. GG&A PROVIDES ASSISTANCE WITH THE DONOR DATA BASE.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (15 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
ALBERT SCHWEITZER FELLOWSHIP
330 BROOKLINE AVE	BOSTON	MA	02215	131982786	501(C)(3)	40000	SUPPORT HEALTHCARE INITIATIVES AND FELLOWSHIPS
ARTS FOR LIFE
PO BOX 5132	WINSTONSALEM	NC	27113	562250962	501(C)(3)	18000	SUPPORT CULTURAL OPPORTUNITIES IN THE COMMUNITY
DOWNTOWN WINSTON SALEM PARTNERSHIP
305 W 4TH STREET	WINSTONSALEM	NC	27101	561849234	501(C)(6)	10000	SUPPORT REGIONAL ECONOMIC DEVELOPMENT
FORSYTH FUTURES
601 N CHERRY STREET	WINSTONSALEM	NC	27101	561092807	501(C)(3)	50000	COMMUNITY SUPPORT
FESTIVAL STAGE OF WINSTON SALEM
PO BOX 20152	WINSTONSALEM	NC	27120	272827423	501(C)(3)	15000	SUPPORT CULTURAL OPPORTUNITIES IN THE COMMUNITY
HABITAT FOR HUMANITY
339 WITT STREET	WINSTONSALEM	NC	27103	561448955	501(C)(3)	32500	COMMUNITY SUPPORT
HEALTH FOUNDATION
231 JEFFERSON STREET	N WILKESBORO	NC	28659	561745194	501(C)(3)	10000	SUPPORT HEALTHCARE INITIATIVES
LEADERSHIP WINSTON SALEM
501 N CLEVELAND AVENUE	WINSTONSALEM	NC	27101	581574887	501(C)(3)	6000	COMMUNITY SUPPORT
MARSHALL B BASS CHILDREN'S FUND
1324 ASHLEY SQUARE	WINSTONSALEM	NC	27114	311680470	501(C)(3)	15000	SUPPORT PEDIATRIC HEALTHCARE PROGRAMS
PIEDMONT TRIAD PARTNERSHIP
416 GALLIMORE DAIRY RD SUITE M	GREENSBORO	NC	27409	561750279	501(C)(3)	67500	SUPPORT REGIONAL ECONOMIC DEVELOPMENT
SCIWORKS
400 HANES MILL ROAD	WINSTONSALEM	NC	27105	560815746	501(C)(3)	10000	EDUCATIONAL AND SCIENTIFIC SUPPORT
UNITED WAY OF FORSYTH COUNTY
301 N MAIN STREET	WINSTONSALEM	NC	27101	237357234	501(C)(3)	45000	COMMUNITY SUPPORT
WINSTON-SALEM URBAN LEAGUE
201 WEST FIFTH STREET	WINSTONSALEM	NC	27101	560532301	501(C)(3)	20000	COMMUNITY SUPPORT
WINSTON-SALEM SYMPHONY
201 NORTH BROAD STREET	WINSTONSALEM	NC	27101	560692826	501(C)(3)	40000	SUPPORT CULTURAL AND EDUCATIONAL PROGRAMS IN THE COMMUNITY
HOSPICE AND PALLIATIVE CARE CENTER
101 HOSPICE LANE	WINSTONSALEM	NC	27103	581343313	501(C)(3)	55000	COMMUNITY SUPPORT

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	14	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	1	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	SCHOLARSHIPS AND FELLOWSHIPS	TypeOfGrant
Number Of Recipients	760	NumberOfRecipients
Amount Of Cash Grant	15069561	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	PART I, LINE 2:	SCHEDULE I, PART I, LINE 2: WFUHS FOLLOWS THE MEDICAL CENTER'S CORPORATE POLICY USED IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. WFUHS MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS DISBURSED.
PART III	SCHOLARSHIPS AND FELLOWSHIPS	WAKE FOREST UNIVERSITY HEALTH SCIENCES MONITORS THE ACADEMIC PROGRESS AND OTHER ACHIEVEMENTS OF STUDENTS.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	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	1	SeverancePayment
Supplemental Nonqual Retire Plan	1	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	1	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (23 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
NATHAN O HATCH PHD
DIRECTOR & PRESIDENT OF WF	0	759068	0	75000	0	114534	0	275721	0	56902	0	1281225	0	0
JOHN D MCCONNELL MD
DIRECTOR & CEO	998061	0	334267	0	38420	0	670368	0	20576	0	2061692	0	0	0
EDWARD ABRAHAM MD
DEAN	478061	0	136885	0	54832	0	158364	0	23526	0	851668	0	0	0
J REID MORGAN
SECRETARY & GENERAL COUNSE	0	414012	0	50000	0	13600	0	25000	0	95218	0	597830	0	0
ANITA M CONRAD
ASSISTANT SECRETARY	0	153097	0	3000	0	138	0	15875	0	14106	0	186216	0	0
EDWARD G CHADWICK
EXECUTIVE VP CFO & TREASUR	533120	0	152385	0	24466	0	225493	0	21001	0	956465	0	0	0
TERRY L HALES JR
ASSISTANT TREASURER	366359	0	82919	0	8340	0	84618	0	20593	0	562829	0	0	0
THOMAS E SIBERT MD
PRESIDENT & COO OF WFBH	690081	0	164710	0	30692	0	119996	0	21106	0	1026585	0	0	0
RUSSELL M HOWERTON MD
CHIEF MEDICAL OFFICER	479102	0	102464	0	20612	0	126197	0	28816	0	757191	0	0	0
LISA M WYATT
VP CH COMMUNICATIONS/MARKE	292924	0	70218	0	23812	0	67097	0	8013	0	462064	0	0	0
CHERYL E H LOCKE
VP CHIEF HUMAN RESOURCES O	358614	0	75494	0	5544	0	80419	0	17435	0	537506	0	0	0
SHEILA M SANDERS
VP CHIEF INFORMATION OFFIC	365614	0	79700	0	33590	0	85397	0	18723	0	583024	0	0	0
NORMAN D POTTER JR
VP DEVELOPMENT & ALUMNI AF	279198	0	61828	0	7205	0	62297	0	21581	0	432109	0	0	0
KAREN H HUEY
VP FACILITIES	248083	0	55426	0	60239	0	49655	0	21826	0	435229	0	30346	0
JOANNE C RUHLAND
VP GOVERNMENT AFFAIRS	234968	0	0	0	20675	0	53297	0	17726	0	326666	0	0	0
NEAL KON MD
DEPARTMENT CHAIR	203044	0	813750	0	22544	0	21697	0	20613	0	1081648	0	0	0
ROSS UNGERLEIDER MD
CHIEF, PEDIATRIC HEART PRO	756097	0	287500	0	18188	0	153890	0	27647	0	1243322	0	0	0
EDWARD KINCAID MD
ASSOCIATE PROFESSOR	128344	0	740824	0	17270	0	21697	0	20485	0	928620	0	0	0
MALCOLM MARKS MD
DEPARTMENT CHAIR	216821	0	581641	0	5544	0	21697	0	23836	0	849539	0	0	0
CHARLES BRANCH JR MD
DEPARTMENT CHAIR	218761	0	694411	0	3612	0	16697	0	21896	0	955377	0	0	0
WILLIAM B APPLEGATE MD
FORMER OFFICER	548678	0	285943	0	19286	0	21697	0	17192	0	892796	0	0	0
DOUGLAS L EDGETON
FORMER OFFICER	78648	0	91875	0	436379	0	5927	0	13785	0	626614	0	0	0
RAYMOND C ROY MD
FORMER KEY EMPLOYEE	177168	0	81266	0	2286	0	21697	0	18955	0	301372	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (6 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART I, LINE 1A	CERTAIN OFFICERS RECEIVE, AS PART OF THEIR APPROVED COMPENSATION PACKAGE, TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, RELOCATION ASSISTANCE INCLUDING A HOUSING ALLOWANCE AND HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES. BELOW IS A SUMMARY OF THE BENEFITS INCLUDED IN THE OFFICERS' COMPENSATION FOR THE FISCAL YEAR ENDED JUNE 30, 2013: - TAX INDEMNIFICATION AND GROSS UP PAYMENTS - $1,486 FOR ONE FORMER OFFICER; - RELOCATION ASSISTANCE, INCLUDING A HOUSING ALLOWANCE - $79,601 FOR FOUR OFFICERS; AND - DUES OR INITIATION FEES - $285 FOR ONE OFFICER
PART I, LINE 3	THE EXECUTIVE COMMITTEE OF THE WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC") BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING AND APPROVING ALL MEDICAL CENTER OFFICERS' COMPENSATION. THE COMMITTEE UTILIZED AN INDEPENDENT, EXTERNAL COMPENSATION CONSULTANT FIRM EXPERIENCED IN HEALTH CARE AND HIGHER EDUCATION COMPENSATION THAT BASED RECOMMENDATIONS ON COMPENSATION SURVEYS AND STUDIES TO DETERMINE THE APPROPRIATENESS OF EACH OFFICER'S COMPENSATION. THESE COMPENSATION CONSULTANTS PRESENT TOTAL COMPENSATION COMPARABILITY DATA FOR THE POSITIONS FOR WHICH COMPENSATION IS BEING DETERMINED. THE DATA IS REVIEWED BY THE EXECUTIVE COMMITTEE OF WFUBMC'S GOVERNING BOARD AT ITS MEETING; NONE OF THE MEMBERS OF THAT COMMITTEE ARE EMPLOYEES OF THE FILING ORGANIZATION. MINUTES OF THE DELIBERATIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY RECORDED. IN THE EVENT THAT ANY MEMBER OF THE EXECUTIVE COMMITTEE HAS A CONFLICT OF INTEREST, THAT COMMITTEE MEMBER DOES NOT PARTICIPATE IN THE DELIBERATION OR APPROVAL PROCESS, AND THEIR ABSTENTION FROM THE PROCESS IS REFLECTED IN THE MINUTES.
PART I, LINES 4A-B	CERTAIN EXECUTIVES PARTICIPATE IN OR RECEIVE SEVERANCE PAYMENTS AND PAYMENTS FROM SUPPLEMENTAL NON QUALIFIED RETIREMENT PLANS. THE DETERMINATION OF THE AMOUNT OF THE NON QUALIFIED RETIREMENT PLANS FOLLOWED THE FILING ORGANIZATION'S COMPENSATION PROCEDURES AS OUTLINED IN PART VI, SECTION B, LINE 15 OF THE FORM 990. THE FOLLOWING OFFICER AND FORMER OFFICER RECEIVED SEVERANCE AND SERP PAYMENTS IN 2012: SEVERANCE SERP DOUGLAS L EDGETON 423,536 KAREN H HUEY 58,468
PART I, LINE 7	OFFICERS, KEY EMPLOYEES AND FACULTY MEMBERS HAVE INCENTIVE COMPENSATION COMPONENTS CONTAINED IN THEIR EMPLOYMENT AGREEMENTS. THESE ARE OFTEN GOAL-BASED AND ARE DETERMINED IN THE COURSE OF EVALUATION OF THE INDIVIDUAL'S PERFORMANCE BY HIS/HER DEPARTMENT CHAIR, SUPERVISOR OR THE COMPENSATION COMMITTEE OF THE BOARD, AS APPLICABLE. OTHER NON-FIXED PAYMENTS MAY INCLUDE SUMS FOR RELOCATION AND/OR TEMPORARY HOUSING THAT ARE TYPICALLY INCLUDED AS A PROVISION IN THE EMPLOYMENT AGREEMENT. ALL SUCH PAYMENTS ARE REFLECTED ON THE INDIVIDUAL'S W-2.
PART III	SCHEDULE J, PART III ON JULY 1,2010, THE FILING ORGANIZATION ("WFUHS"), NORTH CAROLINA BAPTIST HOSPITAL ("NCBH"),WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC") AND WAKE FOREST UNIVERSITY ("WFU") APPROVED A MEDICAL CENTER INTEGRATION AGREEMENT THAT ALLOWS FOR THE LEVERAGING OF COMBINED RESOURCES TO FULFILL A SINGLE MISSION OF IMPROVING HEALTH, OPTIMIZING PERFORMANCE WHILE BALANCING PATIENT CARE, EDUCATION AND RESEARCH. WFUHS, NCBH AND WFUBMC AND ITS SUBSIDIARIES HAVE COMBINED OPERATING REVENUES OF APPROXIMATELY $1.9 BILLION FOR THE FISCAL YEAR ENDED JUNE 30, 2013. IN GENERAL, EXECUTIVES PERFORMING KEY MANAGEMENT FUNCTIONS WERE SOUGHT AND HIRED AFTER NATIONAL SEARCHES IN A HIGHLY COMPETITIVE ENVIRONMENT, AND ONLY INDIVIDUALS AT THE HIGHEST LEVELS OF ABILITY WERE SOUGHT, GIVEN THE TASK OF INITIATING AND IMPLEMENTING THIS MANAGEMENT STRUCTURE DESIGNED TO OPTIMIZE THE EFFECTIVENESS OF THE INTEGRATED ACADEMIC MEDICAL CENTER AND ITS TAX-EXEMPT MISSION. CERTAIN EXECUTIVES THAT HOLD THE IDENTICAL OFFICES/TITLES IN WFUHS, NCBH AND WFUBMC ORGANIZATION ARE ELIGIBLE TO RECEIVE INCENTIVE COMPENSATION AT THE END OF EACH FISCAL YEAR. THE INCENTIVE STRUCTURE IS BASED UPON GOALS ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER'S BOARD AT THE BEGINNING OF THE YEAR, INCLUDING MEASURES OF CLINICAL QUALITY, PATIENT SATISFACTION, AND FINANCIAL OPERATING PERFORMANCE. THE DETERMINATION OF THE AMOUNT OF INCENTIVE COMPENSATION IS SUBJECT TO THE FILING ORGANIZATION'S COMPENSATION PROCEDURES AS OUTLINED IN PART VI, SECTION B, LINE 15 OF THE 990.	SUPPLEMENTAL INFORMATION
PART III	FORM 990, PART VII, LINE 5 KAREN H HUEY WAS COMPENSATED BY NORTH CAROLINA BAPTIST HOSPITAL, AN UNRELATED ORGANIZATION, FOR SERVICES PERFORMED FOR WFUHS AND OTHER ENTITIES WITHIN THE MEDICAL CENTER.	SUPPLEMENTAL INFORMATION

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Bond ReferenceBondReferenceCd	Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
NORTH CAROLINA MEDICAL CARE COMMISSION
A	521309402	65821DNX5	2012-11-15	59045000	REFUND ISSUE DATED 10/16/2008	0	0	0
NORTH CAROLINA MEDICAL CARE COMMISSION
B	521309402	65821DNF4	2012-11-15	129019661	REFUND ISSUE DATED 10/16/2008	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceeds	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Other Spent ProceedsOtherSpentProceeds	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
A	59045000	16063	58028937	1	0	1	1
B	129019661	568	129019093	1	0	1	1

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest	Change In Use Bond Financed PropChangeInUseBondFinancedProp	Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs
A	0	0	0	0	0	0	1
B	0	0	0	0	0	0	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiled	Rebate Not Due YetRebateNotDueYet	Exception To RebateExceptionToRebate	No Rebate DueNoRebateDue	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Written Proc To Monitor ReqsWrittenProcToMonitorReqs
A	0	1	0	0	1	0	0	1
B	0	1	0	0	0	0	0	1

Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)

Bond ReferenceBondReferenceCd	Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction
A	1
B	1

Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
PART II, COLUMNS A&B, LINE 11	OTHER SPENT PROCEEDS	THE OTHER SPENT PROCEEDS LISTED ARE THE CURRENT REFUNDING PROCEEDS OF THE ISSUE(S).
PART III, COLUMNS A&B	PRIVATE USE	THE ISSUE REFUNDED BY THE 2012 B&C ISSUE, THROUGH A SERIES OF REFUNDING, REFUNDS ISSUES DATED PRIOR TO 12/31/2002. ACCORDINGLY, BOTH ISSUES ARE EXEMPT FROM PART III, PRIVATE USE, REPORTING, HOWEVER, DUE TO SOFTWARE LIMITATIONS, PART III HAS BEEN COMPLETED FOR BOTH ISSUES.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (6 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
BRANCH BANKING AND TRUST COMPANY
ORG DIRECTOR, ROBERT E. GREENE IS AN OFFICER OF INTERESTED PERSON.	596082	TOTAL PAID BY ORGANIZATION TO INTERESTED PERSON FOR LOAN INTEREST AND FEES.	0
MEDCOST LLC
ORG. OFFICER, EDWARD CHADWICK, IS A BOARD MEMBER OF INTERESTED PERSON.	2500066	TOTAL PAID BY ORGANIZATION TO INTERESTED PERSON FOR ADMINISTRATION OF HEALTH AND DENTAL CLAIMS.	0
FRANK L BLUM CONSTRUCTION COMPANY
ORG DIRECTOR, J. ANDREWS HANCOCK IS AN OFFICER & >35% OWNER OF INT. PERSON.	4927717	TOTAL PAID BY ORGANIZATION TO INTERESTED PERSON FOR GENERAL CONTRACTOR CONSTRUCTION SERVICES PERFORMED.	0
MEDICAL REIMBURSEMENTS OF AMERICA INC
ORG. DIRECTOR, MATTHEW KING IS A DIRECTOR OF INTERESTED PERSON.	3616042	TOTAL PAID BY ORGANIZATION TO INTERESTED PERSON FOR CLAIMS MANAGEMENT SERVICES PERFORMED.	0
STEPHEN CARNILLA
ORG. OFFICER, SHEILA SANDERS IS A FAMILY MEMBER OF THE INTERESTED PERSON.	17889	TOTAL COMPENSATION PAID TO INTERESTED PERSON AS A TEMPORARY EMPLOYEE OF THE FILING ORGANIZATION.	0
BRANCH BANKING AND TRUST COMPANY
ORG. DIRECTOR, STEPHEN T. WILLIAMS IS A DIRECTOR OF INTERESTED PERSON	596082	TOTAL PAID BY ORGANIZATION TO INTERESTED PERSON FOR LOAN INTEREST AND FEES	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	28	NumberOfContributions
Noncash Contribs Rptd F990	15945	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Books And Publications BooksAndPublications

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	8557	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Clothing And Household Goods ClothingAndHouseholdGoods

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	122005	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Cars And Other Vehicles CarsAndOtherVehicles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	3	NumberOfContributions
Noncash Contribs Rptd F990	34000	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	56	NumberOfContributions
Noncash Contribs Rptd F990	1002559	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Collectibles Collectibles

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	38	NumberOfContributions
Noncash Contribs Rptd F990	5204	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	GIFT CARDS	Description
Number Of Contributions	34	NumberOfContributions
Noncash Contribs Rptd F990	6420	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	1	NumberOf8283Received
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

Field	Value	IRS element (for citing)
Identifier	METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS:	Identifier
Return Reference	PART I, COLUMN (B):	ReturnReference
Explanation	THE ORGANIZATION DETERMINES THE NUMBER OF CONTRIBUTIONS BY USING THE TOTAL NUMBER OF NON-CASH ITEMS RECEIVED PER DONOR PER OCCURANCE.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 2	STEPHEN T. WILLIAMS IS A DIRECTOR OF BRANCH BANK & TRUST AND ROBERT E. GREENE IS AN OFFICER OF BRANCH BANK & TRUST.
FORM 990, PART VI, SECTION A, LINE 3	EFFECTIVE JULY 1, 2010, THE GOVERNING BOARDS OF FOUR NORTH CAROLINA NONPROFIT CORPORATIONS (WAKE FOREST UNIVERSITY, NORTH CAROLINA BAPTIST HOSPITAL, WAKE FOREST UNIVERSITY HEALTH SCIENCES, AND WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER) ENTERED INTO AN AGREEMENT (THE "MEDICAL CENTER INTEGRATION AGREEMENT" OR "MCIA") UNDER WHICH THE OPERATION OF EACH OF NORTH CAROLINA BAPTIST HOSPITAL ("NCBH") AND WAKE FOREST UNIVERSITY HEALTH SCIENCES ("WFUHS") WAS DELEGATED TO WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC"). WFUHS IS A WHOLLY-CONTROLLED SUBSIDIARY ENTITY OF WAKE FOREST UNIVERSITY ("WFU"). WFUBMC IS A MEMBERSHIP NONPROFIT CORPORATION WHOSE TWO EQUAL MEMBERS ARE NCBH (WHICH ENTITY IS UNRELATED TO WFUHS AND WFU) AND WFU. THE GOAL IS CONSOLIDATION OF MANAGEMENT IN WFUBMC OF THE VARIOUS ACADEMIC MEDICAL CENTER OPERATIONS, SUBJECT TO SUBSTANTIAL RESERVED POWERS IN EACH OF THE CONSTITUENT MEMBERS' (OR IN WFUHS') BOARDS.
FORM 990, PART VI, SECTION A, LINE 6	WAKE FOREST UNIVERSITY IS THE SOLE MEMBER OF WAKE FOREST UNIVERSITY HEALTH SCIENCES.
FORM 990, PART VI, SECTION A, LINE 7A	THE DIRECTORS OF WAKE FOREST UNIVERSITY HEALTH SCIENCES ARE ELECTED BY THE BOARD OF TRUSTEES OF ITS SOLE MEMBER, WAKE FOREST UNIVERSITY.
FORM 990, PART VI, SECTION A, LINE 7B	DECISIONS OF THE ORGANIZATION'S GOVERNING BODY WHICH REQUIRE APPROVAL BY THE ORGANIZATION'S SOLE MEMBER, WAKE FOREST UNIVERSITY, INCLUDE AMENDMENTS TO CERTAIN FUNDAMENTAL DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS); THE CONVEYANCE OR ENCUMBRANCE OF THE ORGANIZATION'S REAL ESTATE; ACADEMIC APPOINTMENT OF FACULTY, GRANT OF TENURE AND DISMISSAL; AND DISSOLUTION.
FORM 990, PART VI, SECTION B, LINE 11	THE FILING ORGANIZATION'S BOARD OF DIRECTORS RECEIVE A COPY OF THE FORM 990 WITH SUFFICIENT TIME TO PERMIT REVIEW, COMMENT, AND QUESTIONS PRIOR TO ITS FILING. THE AUDIT AND COMPLIANCE COMMITTEE OF THE GOVERNING BOARD OF THE FILING ORGANIZATION REVIEWS IN ADDITIONAL DETAIL THE FILING ORGANIZATION'S FORM 990 WITH THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND/OR HIS DESIGNEE, WHO ANSWER QUESTIONS AND ADDRESS CONCERNS RAISED BY SUCH COMMITTEE MEMBERS OR BY OTHER FILING ORGANIZATION DIRECTORS. IF MODIFICATIONS ARE REQUIRED FOLLOWING SUCH REVIEW AND COMMENT, THE REVISED FORM 990 IS REDISTRIBUTED TO ALL DIRECTORS PRIOR TO ITS FILING WITH THE IRS, ALONG WITH A REPORT NOTING THE MODIFICATIONS.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION REQUIRES OFFICERS AND KEY EMPLOYEES TO ANNUALLY REVIEW THE CONFLICT 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 DIRECTORS ARE REQUIRED TO DETERMINE AND REPORT ANNUALLY, AND AS THEY ARISE, ANY POTENTIAL CONFLICTS OF INTEREST TO THE SECRETARY OF THE BOARD OF DIRECTORS. THE RESOLUTION OF POTENTIAL AND ACTUAL CONFLICTS IS SUBJECT TO THE APPROVAL OF THE CHAIR OF THE BOARD AND IS REPORTED TO THE CHAIR OF THE AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15	THE EXECUTIVE COMMITTEE OF WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC")BOARD OF DIRECTORS FUNCTIONS AS THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND PURSUANT TO A DELEGATION BY THE FILING ORGANIZATION, REVIEWS AND APPROVES THE APPOINTMENT AND COMPENSATION OF THE SENIOR EXECUTIVES OF THE FILING ORGANIZATION. NO MEMBER OF THE WFUBMC EXECUTIVE COMMITTEE IS AN EMPLOYEE OF THE MEDICAL CENTER. THE EXECUTIVE COMMITTEE RELIES UPON AN EXTERNAL, INDEPENDENT COMPENSATION CONSULTANT EXPERIENCED IN HEALTHCARE TO PROVIDE THE COMMITTEE WITH COMPENSATION COMPARABILITY DATA FOR NEW EXECUTIVE POSITION APPOINTMENTS AND FOR COMPENSATION REVIEWS FOR EXISTING EXECUTIVES. THE CONSULTANT, WHICH IS RETAINED DIRECTLY BY THE EXECUTIVE COMMITTEE, PROVIDES THIRD-PARTY INFORMATION AND EVALUATES THE COMPETITIVENESS AND REASONABLENESS OF EXECUTIVE COMPENSATION AND BENEFITS PROGRAMS IN RELATION TO MARKET PRACTICES FOR SIMILARLY-SITUATED NONPROFIT HEALTHCARE ORGANIZATIONS. THE COMMITTEE MAKES ITS DECISIONS WITH RESPECT TO EXECUTIVE COMPENSATION IN ACCORDANCE WITH THE FILING ORGANIZATION'S POLICIES, IRS REGULATIONS, AND STANDARD CORPORATE GOVERNANCE PRACTICES. SUCH POLICIES INCLUDE ADHERENCE TO: BOARD-ESTABLISHED EXECUTIVE COMPENSATION PHILOSOPHY AND REVIEW PROCESSES; PROCESSES ENSURING EXECUTIVE COMMITTEE MEMBER AND COMPENSATION CONSULTANT INDEPENDENCE; USE OF VALID MARKET COMPARISONS OF DATA FROM PEER ACADEMIC MEDICAL CENTERS OF SIMILAR ORGANIZATIONAL STRUCTURE, SIZE, AND COMPLEXITY; CAREFUL DOCUMENTATION OF ALL COMPENSATION DECISIONS; AND ESTABLISHMENT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS, PER IRS GUIDELINES. MINUTES OF THE DELIBERATIONS OF THE EXECUTIVE COMMITTEE ARE CONTEMPORANEOUSLY MAINTAINED AND THAT COMPARABILITY DATA IS MAINTAINED IN THE MEDICAL CENTER'S OFFICE OF EXECUTIVE COMPENSATION SERVICES. IN THE EVENT THAT A MEMBER OF THE EXECUTIVE COMMITTEE HAS A CONFLICT OF INTEREST RELATED TO EXECUTIVE APPOINTMENT OR COMPENSATION, THAT MEMBER DOES NOT PARTICIPATE IN THE DELIBERATION OR APPROVAL OF APPOINTMENT OR COMPENSATION AND SUCH ABSTENTION IS NOTED IN THE COMMITTEE'S MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19	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, AND ARE ATTACHED TO THE FORM 1023 FILED FOR THE ORGANIZATION WITH THE IRS, WHICH IS PUBLICLY AVAILABLE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. PART VII, SECTION A, COLUMN B, RELATED HOURS DONALD E FLOW FILING ORG 3.0 RELATED ORG 24.0 DONNA A BOSWELL PHD FILING ORG 4.0 RELATED ORG 12.2 GRAHAM F. BENNETT FILING ORG 2.0 RELATED ORG 4.0 ANDREW J SCHINDLER FILING ORG 2.0 RELATED ORG 4.0 JAMES J MARINO FILING ORG 2.0 RELATED ORG 3.0 JAMES T WILLIAMS, JR FILING ORG 3.0 RELATED ORG 8.0 GERALD F. ROACH FILING ORG 2.0 RELATED ORG 4.0 MITESH B. SHAH FILING ORG 2.0 RELATED ORG 5.2 ROBERT E GREENE FILING ORG 2.0 RELATED ORG 4.5 MATTHEW A. KING FILING ORG 2.0 RELATED ORG 3.5 GRAHAM DENTON, JR. FILING ORG 2.0 RELATED ORG 6.0 NATHAN O HATCH PHD FILING ORG 3.0 RELATED ORG 37.0 JOHN D MCCONNELL MD FILING ORG 9.0 RELATED ORG 10.4 UNRELATED ORG 20.6 WILLIAM B APPLEGATE MD FILING ORG 40.0 EDWARD ABRAHAM MD FILING ORG 30.0 RELATED ORG 5.0 UNRELATED ORG 5.0 DOUGLAS L EDGETON FILING ORG 40.0 J REID MORGAN FILING ORG 8.0 RELATED ORG 32.0 ANITA M CONRAD FILING ORG 10.0 RELATED ORG 30.0 EDWARD G CHADWICK FILING ORG 3.2 RELATED ORG 5.0 UNRELATED ORG 31.8 TERRY L HALES JR FILING ORG 13.5 RELATED ORG 13.4 UNRELATED ORG 13.1 THOMAS E SIBERT MD FILING ORG 4.4 RELATED ORG 5.0 UNRELATED ORG 30.6 RUSSELL M HOWERTON MD FILING ORG 18.0 UNRELATED ORG 22.0 LISA M WYATT FILING ORG 15.1 RELATED ORG 5.0 UNRELATED ORG 19.9 CHERYL E. H. LOCKE FILING ORG 15.0 RELATED ORG 5.0 UNRELATED ORG 20.0 SHEILA M SANDERS FILING ORG 9.0 RELATED ORG 5.0 UNRELATED ORG 26.0 NORMAN D POTTER, JR FILING ORG 15.0 RELATED ORG 5.0 UNRELATED ORG 20.0 KAREN H HUEY FILING ORG 4.6 RELATED ORG 5.0 UNRELATED ORG 30.4 JOANNE C RUHLAND FILING ORG 15.0 UNRELATED ORG 25.0 NORTH CAROLINA BAPTIST HOSPITAL IS AN UNRELATED ORGANIZATION TO THE FILING ORGANIZATION AND THE INFORMATION CONCERNING HOURS DEVOTED TO IT ARE NOT REQUIRED TO BE REPORTED, BUT ARE INCLUDED BECAUSE OF THE STRUCTURE OF WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER, OF WHICH THE FILING ORGANIZATION AND NORTH CAROLINA BAPTIST HOSPITAL ARE PRINCIPAL PARTS. THE CORPORATE OFFICERS OF THE MEDICAL CENTER ALSO SERVE AS THE CORPORATE OFFICERS OF NORTH CAROLINA BAPTIST HOSPITAL AND WAKE FOREST UNIVERSITY HEALTH SCIENCES.
FORM 990, PART XI, LINE 9:	EQUITY METHOD AFFILIATES 3,303,571.	CHANGES IN NET ASSETS OR FUND BALANCES:

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (9 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Total IncomeTotalIncome	EOY AssetsEOYAssets	Business Name Line1DirectControllingEntityName/BusinessNameLine1
BRF-A1A LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	203073357	REAL ESTATE HOLDING COMPANY	NC	0	415392	WAKE FOREST UNIV HEALTH SCIENCES
WFIQ HOLDINGS LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	050549344	REAL ESTATE HOLDING COMPANY	NC	54728	42376178	WAKE FOREST UNIV HEALTH SCIENCES
SEED STAGE ASSOCIATES LLC
200 EAST FIRST ST SUITE 101	WINSTON SALEM	NC	27101	651198831	TECHNOLOGY TRANSFER & LICENSING OF INTELLECTUAL PROPERTY	NC	26234	58705	WAKE FOREST UNIV HEALTH SCIENCES
BRF DECK 1 LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	861123819	REAL ESTATE HOLDING COMPANY	NC	0	544929	WAKE FOREST UNIV HEALTH SCIENCES
BRF-A1 LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	861123822	REAL ESTATE HOLDING COMPANY	NC	0	976276	WAKE FOREST UNIV HEALTH SCIENCES
WFIQ HOLDINGS II LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	271917927	REAL ESTATE HOLDING COMPANY	NC	90834	3297873	WAKE FOREST UNIV HEALTH SCIENCES
WFIQ HOLDINGS III LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	271918085	REAL ESTATE HOLDING COMPANY	NC	2690	1506211	WAKE FOREST UNIV HEALTH SCIENCES
PARK IMP 1 LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	272070963	REAL ESTATE HOLDING COMPANY	NC	0	0	WAKE FOREST UNIV HEALTH SCIENCES
WAKE FOREST AMBULATORY VTR LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157		HEALTHCARE	NC	0	0	WAKE FOREST UNIV HEALTH SCIENCES

Form990 Schedule R Part II Form990ScheduleRPartII (13 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg	Direct Controlling Entity NADirectControllingEntityNA
WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	900222618	PROVIDE DIALYSIS TREATMENTS TO PATIENTS	NC	501(C)(3)	LINE 11A, I	WAKE FOREST UNIV HEALTH SCIENCES	1
WFUBMC COMMUNITY PHYSICIANS (CP)
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	561903275	HEALTHCARE	NC	501(C)(3)	LINE 3	WAKE FOREST UNIV HEALTH SCIENCES	1
WAKE FOREST INNOVATION QUARTER MANGEMENT CO
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	061818498	RESEARCH PARK DEVELOPMENT	NC	501(C)(3)	LINE 11A, I	WAKE FOREST UNIV HEALTH SCIENCES	1
WAKE FOREST INNOVATION QUARTER DEVELOPMENT CO
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	562094067	RESEARCH PARK DEVELOPMENT	NC	501(C)(6)		WAKE FOREST UNIV HEALTH SCIENCES	1
WAKE FOREST UNIVERSITY FOUNDATION
PO BOX 7201	WINSTON SALEM	NC	27109	562038193	REAL ESTATE HOLDING AND MANAGEMENT	NC	501(C)(3)	LINE 11A, I	WAKE FOREST UNIVERSITY	0
IDEALLIANCE FOUNDATION
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	562094060	RESEARCH PARK DEVELOPMENT	NC	501(C)(3)	LINE 11A, I	WAKE FOREST UNIV HEALTH SCIENCES	1
WAKE FOREST INNOVATION QUARTER CDC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	200177581	RESEARCH PARK DEVELOPMENT	NC	501(C)(3)	LINE 11A, I	WAKE FOREST UNIV HEALTH SCIENCES	1
WAKE FOREST UNIVERSITY
PO BOX 7201	WINSTON SALEM	NC	27109	560532138	UNIVERSITY	NC	501(C)(3)	LINE 2		0	N/A
WAKE FOREST UNIVERSITY DEVELOPMENT FOUNDATION
PO BOX 7201	WINSTON SALEM	NC	27109	562038194	MANAGEMENT/SALE OF CHARITABLE REAL PROPERTY GIFTS	NC	501(C)(3)	LINE 11A, I	WAKE FOREST UNIVERSITY	0
WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	510190238	FACILITATE THE CARRYING OUT OF THE FUNCTIONS AND PURPOSES OF WFUHS & NCBH	NC	501(C)(3)	LINE 11A, I		0	N/A
MEDICAL FND OF WFUHS & NCBH
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	566036688	SUPPORTING ORGANIZATION	NC	501(C)(3)	LINE 11A, I		0	N/A
DIALYSIS ACCESS GROUP OF WFU LLC
MEDICAL CENTER BLVD	WINSTON SALEM	NC	27157	204241942	PROVIDE DIALYSIS TREATMENTS TO PATIENTS	NC	501(C)(3)	LINE 9	WAKE FOREST UNIV HEALTH SCIENCES	1
REYNOLDA HOUSE INC
POBOX 7287	WINSTON SALEM	NC	27109	560810676	MUSEUM OF AMERICAN ART	NC	501(C)(3)	LINE 7	WAKE FOREST UNIVERSITY	0

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	CHARITABLE REMAINDER TRUST	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	MEDICAL CENTER BLVD	AddressLine1
City	WINSTON SALEM	City
State	NC	State
ZIP Code	27157	ZIPCode

Field	Value	IRS element (for citing)
Primary Activity	INVESTMENT	PrimaryActivity
Legal Domicile State	NC	LegalDomicileState
Type Of Entity	T	TypeOfEntity
Share Of EOY Assets	216875	ShareOfEOYAssets
Percentage Ownership	0.77000	PercentageOwnership
Controlled Org	0	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	0	DividendsRelatedOrganization
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	1	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	1	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	1	PerformOfServicesByOtherOrgs
Sharing Of Facilities	1	SharingOfFacilities
Sharing Of Paid Employees	1	SharingOfPaidEmployees
Reimbursement Paid To Other Org	1	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	1	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	1	OtherTransferToOtherOrg
Other Transfer From Other Org	1	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (9 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
WFUBMC COMMUNITY PHYSICIANS
K	2663985	COST
WFUBMC COMMUNITY PHYSICIANS
M	23823081	COST
DIALYSIS ACCESS GROUP OF WAKE FOREST UNIVERSITY
P	373750	COST
WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN
P	625000	COST
WAKE FOREST INNOVATION QUARTER CDC
Q	340554	COST
WAKE FOREST INNOVATION QUARTER MANAGEMENT CO
Q	2403336	COST
WFUBMC COMMUNITY PHYSICIANS
Q	3811749	COST
WAKE FOREST INNOVATION QUARTER CDC
R	5229060	COST
WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN
R	16325000	COST