2026-02-12T19:33:08+00:00 2025-05-31 135381590 BDO USA 421 FAYETTEVILLE ST STE 300 RALEIGH NC 276011776 990 2024-06-01 566049935 WINGATE UNIVERSITY WING 8007555550 PO BOX 159 WINGATE NC 28174 MELISSA PERDUE CFO 7042338219 2026-02-13 true SANDRA L FEINSMITH P01064157 9197549370 2026-02-13 2024 2025-03-06 01:10:19Z DR T RHETT BROWN PO BOX 159 WINGATE NC 28174 239959695 false X WWW.WINGATE.EDU X 1896 NC A COMPREHENSIVE EDUCATIONAL INSTITUTION OFFERING BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. 34 34 1809 49 2553026 19204 10013528 10739303 145518262 155725261 5605456 8379028 3100211 3502055 164237457 178345647 79559527 86203286 0 0 50160262 48990695 0 0 1679483 41217898 40894803 170937687 176088784 -6700230 2256863 295711975 299668007 91320613 90325565 204391362 209342442 THE MISSION OF WINGATE UNIVERSITY IS TO DEVELOP EDUCATED, ETHICAL, AND PRODUCTIVE GLOBAL CITIZENS. FOLLOWING ITS JUDEO-CHRISTIAN HERITAGE, THE UNIVERSITY SEEKS TO CULTIVATE THE FOLLOWING IN ITS STUDENTS: KNOWLEDGE, FAITH, AND SERVICE. false false 142807114 86203286 156218432 WINGATE UNIVERSITY SERVES STUDENTS ON TWO CAMPUSES IN WINGATE AND HENDERSONVILLE, NC. THE UNIVERSITY OFFERS 40 UNDERGRADUATE MAJORS, 68 MINORS AND CAREER CONCENTRATIONS, NUMEROUS PRE-PROFESSIONAL PROGRAMS, GRADUATE DEGREES IN BUSINESS, ACCOUNTING, EDUCATION, PHYSICIAN ASSISTANT STUDIES AND SPORT MANAGEMENT, AND DOCTORATES IN PHARMACY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND EDUCATION. DURING THE FISCAL YEAR ENDED MAY 31, 2025, FALL STUDENT ENROLLMENT WAS 3,458 AND SPRING STUDENT ENROLLMENT WAS 3,218. THE TOTAL NUMBER OF GRADUATES WAS 864. FINANCIAL AID WAS RECEIVED BY 3,497 STUDENTS. SCHOLARSHIPS WERE GRANTED TO 2,956 STUDENTS. 142807114 true true false false false false false false false true true false false false false true false true true false true false true false true false false false true true true false false false false false false false true false false true false false false true false false false false false true 4296 0 true 1809 true true true false false false false true true false false false false false false X 34 34 false false false false false false false true true false false false true true true true true true true true false false NC X MELISSA PERDUE 7042338219 PO BOX 159 WINGATE NC 28174 Amos Beason Trustee 0.5 0.0 X 0 0 0 Angelia Duncan Trustee 0.5 0.0 X 0 0 0 Becky Bullard Trustee 0.5 0.0 X 0 0 0 Benton Bragg Trustee 0.5 0.0 X 0 0 0 Bill Crowder Trustee 0.5 0.0 X 0 0 0 Bob Spence Trustee 0.5 0.0 X 0 0 0 Carl Tucker Trustee 0.5 0.0 X 0 0 0 Carolyn Brown Trustee 0.5 0.0 X 0 0 0 Carolyn Matthews Trustee 0.5 0.0 X 0 0 0 Chuck Howard Trustee 0.5 0.0 X 0 0 0 Craig Horn Trustee 0.5 0.0 X 0 0 0 Doug Turner Trustee 0.5 0.0 X 0 0 0 Ed West Trustee 0.5 0.0 X 0 0 0 Fonda Salgueiro Trustee 0.5 0.0 X 0 0 0 Frank Cagle Trustee 0.5 0.0 X 0 0 0 Greg Hinrichs Trustee 0.5 0.0 X 0 0 0 Jan Beatty-Hendley Trustee 0.5 0.0 X 0 0 0 Jason Bernd Trustee 0.5 0.0 X 0 0 0 Jim Mason Trustee 0.5 0.0 X 0 0 0 Joel Barham Trustee 0.5 0.0 X 0 0 0 Kacey Grantham Trustee 0.5 0.0 X 0 0 0 Kimberly Eagle Trustee 0.5 0.0 X 0 0 0 Luther Moore Trustee 0.5 0.0 X 0 0 0 Lynn Moss Trustee 0.5 0.0 X 0 0 0 Maria Lander Trustee 0.5 0.0 X 0 0 0 Morrison Creech Trustee 0.5 0.0 X 0 0 0 Patrick Brown Trustee 0.5 0.0 X 0 0 0 Paula Borden Trustee 0.5 0.0 X 0 0 0 Rashard Johnson Trustee 0.5 0.0 X 0 0 0 Ron Hinson Trustee 0.5 0.0 X 0 0 0 Russell Booker Trustee 0.5 0.0 X 0 0 0 Suzanne Philemon Trustee 0.5 0.0 X 0 0 0 Thom Dixon Trustee 0.5 0.0 X 0 0 0 Wayne Cooper Trustee 0.5 0.0 X 0 0 0 Benjamin Sidbury SVP General Counsel 40.0 0.0 X 269882 0 21189 Heather Campbell Miller SVP Chief of Staff 40.0 0.0 X 241337 0 21780 James R Bullock SVP 40.0 0.0 X 290438 0 23804 Jeffrey Frederick Provost and Executive Vice President 40.0 0.0 X 94960 0 5785 Melissa Perdue CFO 40.0 0.0 X 244092 0 19350 Thomas Rhett Brown President 40.0 0.0 X 388763 0 29246 Eric F Schneider Vice Provost 40.0 0.0 X 208450 0 17230 Sergio Castello Dean, School of Business 40.0 0.0 X 174133 0 15342 Shanta Dube Chair and Director, Dept of Public Health 40.0 0.0 X 180418 0 15821 Steve Shank Vice President 40.0 0.0 X 187770 0 11183 Susan P Bruce Dean, School of Pharmacy 40.0 0.0 X 280256 0 20449 2560499 0 201179 87 false true false CHARTWELLS HIGHER EDUCATION PO BOX 417632 BOSTON MA 022417632 FOOD SERVICES 8761209 THE BANK OF NEW YORK MELLON PO BOX 392013 PITTSBURGH PA 152519013 FINANCIAL SERVICES 5098293 EAB PO BOX 603519 CHARLOTTE NC 282603519 STUDENT SERVICES 2134156 COLLABORATIVE SOLUTIONS LLC 300 FRANK W BURR BLVD STE 36 6TH FL TEANECK NJ 07666 TECHNOLOGY SERVICES 1766760 WORKDAY INC 6110 STONERIDGE MALL RD PLEASANTON CA 94588 TECHNOLOGY SERVICES 995901 28 0 0 94800 0 87631 10556872 139045 10739303 TUITION & FEES 611310 128761898 128761898 0 0 HOUSING 611310 13887443 13887443 0 0 FOOD SERVICE REVENUE 611310 8134088 8134088 0 0 ATHLETIC & OTHER INCOME 611310 4340374 4340374 0 0 UNIVERSITY SPIRIT STORE 611310 601458 601458 0 0 0 0 0 0 155725261 3100422 0 0 3100422 0 0 0 0 0 0 0 0 481300 0 0 0 481300 0 481300 0 0 481300 66859522 0 61580916 0 5278606 0 5278606 0 0 5278606 7690 94800 33132 -25442 0 -25442 0 0 0 0 0 0 0 0 0 0 0 0 GOLF COURSE 713910 2553026 0 2553026 0 PARKING FEES 611310 385750 385750 0 0 CAMPS & CONFERENCES 713940 107421 107421 0 0 0 0 0 0 3046197 178345647 156218432 2553026 8834886 0 0 73135372 73135372 13067914 13067914 0 0 2555544 1222289 1333255 0 0 0 0 0 36640595 29910263 5578911 1151421 1545445 1019613 490418 35414 5646544 4749040 709704 187800 2602567 1717053 825876 59638 0 0 0 0 292281 0 292281 0 151853 0 151853 0 0 0 0 0 0 0 57865 0 57865 0 0 0 0 0 51365 33888 16300 1177 0 0 0 0 2992303 1638223 1325016 29064 0 0 0 0 3084527 1696490 1369530 18507 2012471 1917828 70810 23833 0 0 0 0 0 0 0 3720383 0 3720383 0 0 0 0 0 7069965 3574407 3495558 0 233049 0 233049 0 FOOD SERVICES CONTRACT SERVICES 6742270 0 6742270 0 UBI EXPENSES FROM GOLF 1952743 0 1952743 0 GRADUATE & PROFESSIONAL 2514531 2514531 0 0 OTHER CONTRACT SERVICES 2485752 1639984 845768 0 7533445 4970219 2390597 172629 176088784 142807114 31602187 1679483 0 0 0 0 9954 9954 14725663 10272814 10504669 13745765 4294987 4820574 0 0 0 0 0 0 152513 155144 767735 764749 268837871 111487222 157201542 157350649 101529208 105516492 923248 2073271 0 0 0 5602456 4958595 295711975 299668007 6465982 7943805 0 0 5895643 5669021 64836616 64741810 0 0 0 0 6207372 5490929 7915000 6480000 0 0 91320613 90325565 X 70958754 73626780 133432608 135715662 204391362 209342442 295711975 299668007 X 2256863 2003477 690740 X X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 134585785 1818108 10990797 6935370 0 0 140459320 125060933 967861 14155991 5599000 0 0 134585785 110767341 1433260 18029568 5168396 840 0 125060933 119206869 1844063 -4993185 4957111 333295 0 110767341 99160577 947605 24078209 4798128 181394 0 119206869 0.0702 0.5782 0.3516 false false 1841472 6526771 8368243 30802000 168897715 66190101 133509614 14907708 14722310 185398 38280454 30044234 8236220 7581751 530577 7051174 157350649 0 X 92883835 2003477 0 2003477 90880358 87465289 87465289 178345647 87932755 0 0 87932755 88156029 88156029 176088784 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE USED AS DIRECTED BY DONOR STIPULATION AND APPLICABLE LAWS. THESE RESOURCES FUND SCHOLARSHIPS AND GRANTS, PLANT FACILITIES, AND OTHER PROGRAMS AND INITIATIVES THAT FURTHER THE VISION AND MISSION OF THE UNIVERSITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Management evaluated the University's tax positions and concluded that the University had taken no uncertain tax positions that required adjustment to the consolidated financial statements to comply with the provisions of the Income Taxes Topic of the FASB. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements GRANTS AND SCHOLARSHIPS - 86203286 GOLF COURSE EXPENSES - 1952743 STONEBRIDGE - DISTRIBUTIONS TO PARENT - 483403 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - -1174143 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements GRANTS AND SCHOLARSHIPS - 86203286 GOLF COURSE EXPENSES - 1952743 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY WINGATE UNIVERSITY PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY POLICY ON ITS WEBSITE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT TO FURTHER EDUCATIONAL MISSIONS, WINGATE UNIVERSITY RECEIVES FINANCIAL AID AND ASSISTANCE FROM VARIOUS FEDERAL AND STATE PROGRAMS IN SUPPORT OF ITS STUDENTS. true Central America and the Caribbean 0 0 Program Services,Grantmaking Scholarships; conferences; student learning trips; mission work 872761 East Asia and the Pacific 0 0 Program Services,Grantmaking Scholarships 606779 Europe (Including Iceland and Greenland) 0 0 Grantmaking Scholarships; student learning trips; conferences 7551094 Middle East and North Africa 0 0 Grantmaking Scholarships 277032 North America (Canada & Mexico only) 0 0 Program Services,Grantmaking Scholarships 586073 Russia and Neighboring States 0 0 Grantmaking Scholarships 261544 South America 0 0 Grantmaking Scholarships; conferences 734573 South Asia 0 0 Grantmaking Scholarships 41150 Sub-Saharan Africa 0 0 Grantmaking Scholarships 2310299 0 0 0 0 0 0 13241305 0 13241305 SCHOLARSHIP Central America and the Caribbean 24 817467 SCHOLARSHIP East Asia and the Pacific 14 606779 SCHOLARSHIP Europe (Including Iceland and Greenland) 176 7435877 SCHOLARSHIP Middle East and North Africa 6 277032 SCHOLARSHIP North America (Canada & Mexico only) 13 586073 SCHOLARSHIP Russia and Neighboring States 7 261544 SCHOLARSHIP South America 18 731693 SCHOLARSHIP South Asia 1 41150 SCHOLARSHIP Sub-Saharan Africa 59 2310299 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual President's Cup Golf Tournament 87285 84565 2720 0 0 11850 12603 0 215 Connell Golf Tournament 15205 10235 4970 0 0 6440 53 0 1971 0 0 0 0 0 0 0 0 0 0 102490 94800 7690 0 0 18290 12656 0 2186 33132 -25442 true ACADEMIC SCHOLARSHIPS 2459 60857442 ATHLETIC SCHOLARSHIPS 472 4200406 ENDOWED SCHOLARSHIPS 914 4582096 NEED BASED & OTHER INSTITUTIONAL SCHOLARSHIPS 1007 3368490 RESTRICTED ANNUAL SCHOLARSHIPS 17 126938 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ELIGIBILITY FOR NEED-BASED SCHOLARSHIPS AND GRANTS IS DETERMINED ANNUALLY BASED UPON THE RESULTS OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). ACADEMIC SCHOLARSHIPS ARE AWARDED UPON ENROLLMENT AND ELIGIBILITY IS FOR THE EIGHT SEMESTERS. AT THE END OF EACH SEMESTER, THE FINANCIAL PLANNING DEPARTMENT VERIFIES SATISFACTORY ACADEMIC PROGRESS HAS BEEN MAINTAINED IN ORDER TO DETERMINE CONTINUATION OF ALL SCHOLARSHIPS. X X true true X X X false false false false false false false false false Thomas Rhett Brown President 388763 0 0 0 0 0 15404 0 13842 0 418009 0 0 0 James R Bullock SVP 290438 0 0 0 0 0 16820 0 6984 0 314242 0 0 0 Benjamin Sidbury SVP General Counsel 269882 0 0 0 0 0 16298 0 4891 0 291071 0 0 0 Heather Campbell Miller SVP Chief of Staff 241337 0 0 0 0 0 8522 0 13258 0 263117 0 0 0 Melissa Perdue CFO 244092 0 0 0 0 0 14751 0 4599 0 263442 0 0 0 Susan P Bruce Dean, School of Pharmacy 280256 0 0 0 0 0 15558 0 4891 0 300705 0 0 0 Eric F Schneider Vice Provost 208450 0 0 0 0 0 12339 0 4891 0 225680 0 0 0 Steve Shank Vice President 187770 0 0 0 0 0 11032 0 151 0 198953 0 0 0 Shanta Dube Chair and Director, Dept of Public Health 180418 0 0 0 0 0 10815 0 5006 0 196239 0 0 0 Sergio Castello Dean, School of Business 174133 0 0 0 0 0 10451 0 4891 0 189475 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE PRESIDENT'S SPOUSE CAN TRAVEL WITH THE PRESIDENT AND IS CONSIDERED A REPRESENTATIVE OF THE UNIVERSITY. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE UNIVERSITY PROVIDES CLUB MEMBERSHIPS TO CERTAIN KEY INDIVIDUALS FOR RELATIONSHIP BUILDING PURPOSES. DUE TO THE NATURE OF THESE MEMBERSHIPS, THE COSTS ARE INCLUDED IN THE EMPLOYEE'S COMPENSATION. A WISCONSIN PUBLIC FINANCE AUTHORITY 273866124 07443DEX5 2018-12-13 66490062 REFINANCE PRIOR BOND ISSUE AND OTHER DEBT; CAPITAL PROJECTS false true false A 48658017 48658017 66490062 554169 17277876 2018 true true true true A false false false false false false 0.0 0.0 0.0 false false 0 false false A false true false false false false 0 false false false 0 false false false A true RONALD G HINSON TRUSTEE 87621 VENDOR - HINSON ELECTRIC false ANGELA DUNCAN TRUSTEE 10087 LAW FIRM - BRYAN CAVE LEIGHTON PAISNER LLP false 13 122799 Market value X Cases of beer 1 961 Market value X Case of tennis balls 1 965 Market value X T-shirts 1 320 Market value X Chairs 1 14000 Market value false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE ORGANIZATION USES A REAL ESTATE AGENT TO SELL CONTRIBUTED REAL PROPERTY. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Other - Cases of beer Number of contributions Other - Case of tennis balls Number of contributions Other - T-shirts Number of contributions Other - Chairs Number of contributions Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE FOCUSES THE BOARD ON MATTERS OF THE GREATEST IMPORTANCE TO THE UNIVERSITY, PLANS THE AGENDA FOR BOARD MEETINGS, COORDINATES COMMITTEE ACTIVITIES, ADVISES THE PRESIDENT, PROVIDES FOR PERIODIC REVIEW AND ASSESSMENT OF THE PRESIDENT, AND REVIEWS THE COMPENSATION AND SUPPORT OF THE PRESIDENT. THE EXECUTIVE COMMITTEE ENSURES THAT THE BOARD DISCHARGES ITS FIDUCIARY DUTIES, EXERCISES BOARD GOVERNANCE, AND COMPLIES FULLY WITH THE BYLAWS. THE EXECUTIVE COMMITTEE EXERCISES ALL POWERS AND AUTHORITY OF THE FULL BOARD OF TRUSTEES WHEN THE FULL BOARD OF TRUSTEES IS NOT IN SESSION; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL NOT (A) APPROVE DISSOLUTION, MERGER OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE UNIVERSITY'S ASSETS; (B) ELECT, APPOINT OR REMOVE TRUSTEES, OR FILL VACANCIES ON THE BOARD OF TRUSTEES, OR (C) ADOPT, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OF THE UNIVERSITY OR THESE BYLAWS. THE EXECUTIVE COMMITTEE SHALL KEEP A FULL AND COMPLETE RECORD OF ALL ITS ACTS AND TRANSACTIONS, AND SHALL REPORT ITS ACTIONS TO THE FULL BOARD OF TRUSTEES AT EACH REGULAR OR SPECIAL MEETING THEREOF. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO SUBMISSION. THE 990 IS THEN PROVIDED TO THE BOARD MEMBERS AND DISCUSSED IN A MEETING OF THE FULL BOARD. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY COVERS ALL TRUSTEES AND KEY EMPLOYEES. EACH PERSON INFORMS WINGATE OF ANY POSSIBLE CONFLICT ON THE FORM THEY SIGN. THE CONFLICT OF INTEREST POLICY APPLIES ON MAJOR CONTRACTUAL ARRANGEMENTS WHERE OFFICERS, TRUSTEES, OR KEY EMPLOYEES HAVE AN INTEREST; TOTAL DISCLOSURE TO DECISION MAKER IS MADE. THE AFFECTED INDIVIDUAL RECUSES HIM/HERSELF FROM PARTICIPATING IN DISCUSSION AND VOTING ON THE MATTER. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE UNIVERSITY WAS ADVISED BY A COMPENSATION AND BENEFITS OUTSIDE ADVISOR TO REVIEW AND DISCUSS THE RESULTS OF PRESIDENTIAL COMPENSATION OF A PEER GROUP OF UNIVERSITIES IN NORTH AND SOUTH CAROLINA WITH THOSE AT WINGATE UNIVERSITY. THE UNIVERSITY AND CONSULTANT DISCUSSED THE RESULTS AND CONCLUDED THAT THE COMPENSATION FOR THE PRESIDENT WAS CONSISTENT WITH THE PEER GROUP, AS WELL AS APPROPRIATE IN THE CONTEXT OF MARKET CONDITIONS FOR HIGHER EDUCATION IN THE CAROLINAS. ON THE BASIS OF THESE FINDINGS, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES APPROVED PRESIDENT'S COMPENSATION. Form 990, Part VI, Line 15b Process to establish compensation of other employees IN 2024, THE UNIVERSITY RETAINED A THIRD-PARTY CONSULTANT, WHO IS A PARTNER IN A HIGHER EDUCATION PROFESSIONAL SEARCH FIRM, TO ADVISE THE UNIVERSITY ON COMPARATIVE PACKAGES FOR UNIVERSITY SENIOR LEADERS. THAT DATA WAS USED AS A FACTOR IN SETTING COMPENSATION FOR THE UNIVERSITY'S SENIOR LEADERSHIP TEAM. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). Form 990, Part VII, Section A, Line 1a, Column (F) OTHER COMPENSATION THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN COLUMN F, PART VII AND IS NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS - 1174143; STONEBRIDGE - DISTRIBUTION TO PARENT - -483403; Total - 690740; Form 990, Part XII, Line 2c Change of oversight process or selection process THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED SINCE THE PRIOR YEAR. WINGATE REAL ESTATE HOLDINGS LLC PO BOX 159 WINGATE NC 28174 HOLD WINGATE HOLDINGS LLC & WINGATE HOLDINGS II LLC TO OPERATE GOLF COURSES NC 2553026 3875979 WINGATE UNIVERSITY