WAKE FOREST UNIVERSITY HEALTH SCIENCES: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: WAKE FOREST UNIVERSITY HEALTH SCIENCES (EIN 22-3849199)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-12
IRS object ID: 201101329349302930
Schema version: 2009v1.2
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 G
Schedule I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-12T10:39:45-07:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	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	Winston Salem	City
State	NC	State
ZIP Code	27157	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	William B Applegate MD	Name
Title	President	Title
Phone	3367164445	Phone
Date Signed	2011-05-12	DateSigned

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

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	William B Applegate MD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

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)
Gross Receipts	788404943	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.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	19	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	5109	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	17508	TotalGrossUBI
Net Unrelated Business Txbl Income	14757	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	200375175	ContributionsGrantsPriorYear
Contributions Grants Current Year	212511688	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	353377268	ProgramServiceRevenuePriorYear
Program Service Revenue CY	425536731	ProgramServiceRevenueCY
Investment Income Prior Year	-38429860	InvestmentIncomePriorYear
Investment Income Current Year	30640683	InvestmentIncomeCurrentYear
Other Revenue Prior Year	93661891	OtherRevenuePriorYear
Other Revenue Current Year	89696869	OtherRevenueCurrentYear
Total Revenue Prior Year	608984474	TotalRevenuePriorYear
Total Revenue Current Year	758385971	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	30892334	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	32722499	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	411836981	SalariesEtcPriorYear
Salaries Etc Current Year	445260062	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	455156	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	5055528	TotalFundrsngExpCurrentYear
Other Expense Prior Year	250298439	OtherExpensePriorYear
Other Expenses Current Year	267584991	OtherExpensesCurrentYear
Total Expenses Prior Year	693027754	TotalExpensesPriorYear
Total Expenses Current Year	746022708	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-84043280	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	12363263	RevenuesLessExpensesCY
Total Assets BOY	903612851	TotalAssetsBOY
Total Assets EOY	982135270	TotalAssetsEOY
Total Liabilities BOY	489236449	TotalLiabilitiesBOY
Total Liabilities EOY	534554145	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	414376402	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	447581125	NetAssetsOrFundBalancesEOY
Mission Description	Wake Forest University Baptist Medical Center's 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; 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	209216272	Expense
Grants	25836373	Grants
Revenue	175293132	Revenue
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 (2226 Grants).	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	390279152	Expense
Grants	0	Grants
Revenue	407460474	Revenue
Description	Patient Care, General/Other: Medical expenses in providing services to 748,777 patient encounters	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	98957865	Expense
Grants	6886125	Grants
Revenue	18076257	Revenue
Description	Professional Education: Instruction of approx. 888 Medical, Graduate, and Physician Assistant students. Scholarships provided to 607 students	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	698453289	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	1	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Balance Sheet Amounts Reported	1	BalanceSheetAmountsReported
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	1	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	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	0	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	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	1	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	1919	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	5109	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	1	NonDeductibleContributions
Non Deductible Disclosure	1	NonDeductibleDisclosure
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
Nbr Voting Governing Body Members	19	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	1	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	1	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
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Douglas E Lischke Controller	NamePerson
Telephone Number	3367164445	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	Medical Center Blvd	AddressLine1
City	WinstonSalem	City
State	NC	State
ZIP Code	27157	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (34 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
Graham W Denton Jr
Chair of Board & Committee Chair	15	X	0	0	0
Donna A Boswell PhD
Vice Chair of Board & Committee Chair	10	X	0	0	0
James R Helvey III
Director	2	X	0	0	0
Andrew J Schindler
Director	2	X	0	0	0
K Wayne Smith PhD
Director	2	X	0	0	0
James T Williams Jr
Director & Committee Chair	2	X	0	0	0
Kyle A Young MD
Director & Committee Chair	2	X	0	0	0
Richard A Brenner
Director	2	X	0	0	0
Brenda K Cline
Director	3	X	0	0	0
Donald E Flow
Director	2	X	0	0	0
Murray C Greason Jr
Director	2	X	0	0	0
Robert E Greene
Director & Chairs two committees	3	X	0	0	0
Ann S Hanes
Director	2	X	0	0	0
Nathan O Hatch PhD
Director & President of WFU	10	X	0	594502	271255	X
J Walter McDowell III
Director & Chairs two committees	2	X	0	0	0
Elizabeth L Quick
Director & Committee Chair	5	X	0	0	0
James Denman Shelton
Director	2	X	0	0	0
Stephen T Williams
Director	2	X	0	0	0
John D McConnell MD
Director & CEO WFUBMC	40	X	1213616	0	468064
William B Applegate MD
President & Dean	40		920078	0	76628	X
Douglas L Edgeton
Executive Vice President & COO	40		862670	0	43532	X
J Reid Morgan
Secretary & General Counsel	8		0	293567	48746	X
Anita M Conrad
Assistant Secretary	8		0	143377	26384	X
Edward G Chadwick
Treasurer & CFO	40		690281	0	44001	X
Terry L Hales Jr
Vice President, Assistant Treasurer	40		444561	0	35561	X
Thomas E Sibert MD
President of WFUP & CMO of Health System	40		929044	0	45144		X
Raymond C Roy MD
Interim President of WFUP	40		293626	0	28363		X
John A Wilson MD
Associate Professor	40		664164	0	37016			X
Neal D Kon MD
Department Chair	40		708420	0	37655			X
Malcolm Marks MD
Department Chair	40		717459	0	37587			X
Phillip M Williford MD
Associate Professor	40		690634	0	36212			X
Charles Branch Jr MD
Department Chair	40		682969	0	37217			X
Richard H Dean MD
Former Officer	0		670228	0	8456				X
Lawrence D Hopkins MD
Former Director	40		209520	0	30821				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	9697270	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	1031446	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1312642	TotalOtherCompensation
Number Individuals GT100 K	826	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
North Carolina Baptist Hospital
Medical Center Blvd	Winston Salem	NC	27157	Clinician & Other Professional Services	5324191
The Budd Group
P O Box	Charlotte	NC	282890856	Security & Custodial	2492273
Dann Dorfman Herrell Skillman
1601 Market Street Suite 2400	Philadelphia	PA	191032307	Legal Services	2042206
Shelco Incorporated
P O Box 25747	Winston Salem	NC	271145745	Construction	1931656
Forsyth Medical Center
3333 Silas Creek Parkway	Winston Salem	NC	27103	Clinician Services	1814454

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	56	NumberOfContractorsGT100K
Federated Campaigns	6029963	FederatedCampaigns
Membership Dues	0	MembershipDues
Fundraising Events	360982	FundraisingEvents
Related Organizations	0	RelatedOrganizations
Government Grants	175293132	GovernmentGrants
All Other Contributions	30827611	AllOtherContributions
Noncash Contributions	2587916	NoncashContributions
Total Contributions	212511688	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
Tuition and Fees	611710	18076257	18076257	0	$0
Payments for Medical Service	621110	407460474	407460474	0	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	425536731	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	7846936	TotalRevenueColumn
Related Or Exempt Function Income	7846936	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	88212647	TotalRevenueColumn
Related Or Exempt Function Income	88212647	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	3523771	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	1697420	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	1826351	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	1826351	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$1,826,351	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	50297783	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	27504036	Securities
Other	0	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	22793747	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	22793747	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$22,793,747	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	90623	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	360982	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	438283	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-347660	TotalRevenueColumn
Related Or Exempt Function Income	-347660	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	360178	GrossSalesOfInventory
Cost Of Goods Sold	379233	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-19055	TotalRevenueColumn
Related Or Exempt Function Income	-19055	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	24586	TotalRevenueColumn
Related Or Exempt Function Income	7078	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	17508	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	24586	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	758385971	TotalRevenueColumn
Related Or Exempt Function Income	521236677	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	17508	UnrelatedBusinessRevenue
Exclusion	$24,620,098	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	32722499	Total
Program Services	32722499	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	5127244	Total
Program Services	2196004	ProgramServices
Management And General	2881579	ManagementAndGeneral
Fundraising	49661	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	358280524	Total
Program Services	342379393	ProgramServices
Management And General	13470610	ManagementAndGeneral
Fundraising	2430521	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	22879395	Total
Program Services	21820079	ProgramServices
Management And General	860265	ManagementAndGeneral
Fundraising	199051	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	39283483	Total
Program Services	37464658	ProgramServices
Management And General	1477059	ManagementAndGeneral
Fundraising	341766	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	19689416	Total
Program Services	18777796	ProgramServices
Management And General	740322	ManagementAndGeneral
Fundraising	171298	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	4384960	Total
Program Services	0	ProgramServices
Management And General	4384960	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	468930	Total
Program Services	0	ProgramServices
Management And General	468930	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	623167	Total
Program Services	623167	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	455156	Total
Fundraising	455156	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	61718396	Total
Program Services	53786485	ProgramServices
Management And General	7298380	ManagementAndGeneral
Fundraising	633531	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1290970	Total
Program Services	1125331	ProgramServices
Management And General	152409	ManagementAndGeneral
Fundraising	13230	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	106405459	Total
Program Services	104376037	ProgramServices
Management And General	1867330	ManagementAndGeneral
Fundraising	162092	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	5490748	Total
Program Services	4786252	ProgramServices
Management And General	648227	ManagementAndGeneral
Fundraising	56269	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	32098583	Total
Program Services	27980141	ProgramServices
Management And General	3789497	ManagementAndGeneral
Fundraising	328945	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	7651734	Total
Program Services	6669970	ProgramServices
Management And General	903349	ManagementAndGeneral
Fundraising	78415	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	4556621	Total
Program Services	3971979	ProgramServices
Management And General	537946	ManagementAndGeneral
Fundraising	46696	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	7985857	Total
Program Services	7517052	ProgramServices
Management And General	468805	ManagementAndGeneral
Fundraising	0	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	26234829	Total
Program Services	24694728	ProgramServices
Management And General	1540101	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	8674737	Total
Program Services	7561718	ProgramServices
Management And General	1024122	ManagementAndGeneral
Fundraising	88897	Fundraising

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	746022708	Total
Program Services	698453289	ProgramServices
Management And General	42513891	ManagementAndGeneral
Fundraising	5055528	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	47312615	BOY
EOY	51950303	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	22571187	BOY
EOY	26381778	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	44933499	BOY
EOY	68478608	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	5333816	BOY
EOY	5029686	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	364517	BOY
EOY	260104	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	934472	BOY
EOY	801876	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	577682730	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	310020381	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	271372810	BOY
EOY	267662349	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	72887720	BOY
EOY	81134617	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	352083753	BOY
EOY	378819377	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	85818462	BOY
EOY	101616572	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	903612851	BOY
EOY	982135270	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	64905709	BOY
EOY	71163990	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	307792	BOY
EOY	119720	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	39857182	BOY
EOY	45385290	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	188640000	BOY
EOY	186195000	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	35900035	BOY
EOY	53310113	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	159625731	BOY
EOY	178380032	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	489236449	BOY
EOY	534554145	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	253621150	BOY
EOY	279875658	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	43359819	BOY
EOY	46119973	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	117395433	BOY
EOY	121585494	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	414376402	BOY
EOY	447581125	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	903612851	BOY
EOY	982135270	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
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	$876,935	DirectContactLegislatorsAmount
Rallies Demonstrations	0	RalliesDemonstrations
Other Activities	0	OtherActivities
Total Lobbying Expenditures IIB	876935	TotalLobbyingExpendituresIIB
Not Described In501c3	0	NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	SchC_P2B_S00_L01	Identifier
Return Reference	Schedule C, Part II-B, Line 1	ReturnReference
Explanation	The organization's Office of Government Relations was actively involved with several federal and state issues. The office assisted in developing political advocacy strategies regarding The Patient Protection and Affordable Care Act (P.L. 111-148) (a/k/a "the health care reform bill"), which included expansion of insurance coverage; Medicare and Medicaid payment changes; provisions related to workforce supply and graduate medical education training; funding for comparative effectiveness research, wellness and prevention; key delivery system reforms including accountable care organizations, value based purchasing and incentives to improve care coordination and quality; and language designed to reduce waste, fraud and abuse in the Medicare and Medicaid programs. Staff worked on the FY2011 Budget; the Center for Medicare and Medicaid Service's proposed rule regarding the Electronic Health Record Incentive Program and submitted a comment letter regarding its provisions; the FY 2011 Medicare Inpatient Prospective Payment System (PPS) Proposed Rule; legislation regarding the creation of healthcare innovation zones; Medicare Payment Advisory Commission's DGME and IME recommendations; changes to the Medicare policy known as the "72 Hour Rule"; legislation to increase residency slots; and Medicare physician payments (SGR adjustments). Staff also worked on many of the FY 2011 appropriations bills and proposed legislation and regulations that were introduced, including requests in the Department of Transportation; Department of Homeland Security; Department of Commerce; State; Justice; Department of Defense; Department of Health and Human Services; and Veterans Affairs (VA) Research and Medical Care funding. The office assisted with the following: (1) End stage renal disease payment system proposed rule; (2) FAA reauthorization bill amendments for air ambulances; (3) Employee free choice bill regarding unionization; (4) IRS property-tax exemptions for nonprofits guidelines and community benefits analysis; (5) tax bill for employee pensions, charitable donations; (6) NIH appropriations and funding for health professions and AHEC and the reauthorization of the National Science Foundation; (7) changes proposed by HHS regarding conflict of interest rules; (8) the implementation of the Truth in Lending Act regarding student loans; (9) False Claims Act amendments; and (10) patents and intellectual property issues. At the state level, efforts were concentrated with the FY 2010-11 Medicaid budget including the six month expansion of FMAP funding contained in the federal stimulus package, the Medicaid Reimbursement Initiative and Upper Payment Limit provisions; on legislation regarding certificate-of-need laws, business incentive tax laws, including the mill tax credit for the Piedmont Triad Research Park; and funding for allied health professional training at the community colleges, including Forsyth Technical Community College.	Explanation

Schedule D IRS990ScheduleD

Current Year CurrentYear

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
Other Expenditures	0	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	355828276	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

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
Other Expenditures	0	OtherExpenditures
Administrative Expenses	0	AdministrativeExpenses
End Of Year Balance	331914802	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.6275	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.3725	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0	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)
Investment Cost Or Other Basis	48219055	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Book Value	48219055	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	391022791	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	211979143	Depreciation
Book Value	179043648	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	136200272	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	96062014	Depreciation
Book Value	40138258	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	2240612	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	1979224	Depreciation
Book Value	261388	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	267662349	TotalOfBookValueLandBuildings

Other Securities OtherSecurities

Field	Value	IRS element (for citing)
Description	WFU Pool Investments	Description
Book Value	378819377	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Securities	378819377	TotalOfBookValueSecurities

Other Assets OtherAssets (6 entries)

DescriptionDescription	Book ValueBookValue
Bond Issue Costs	2247812
Invest in Annuities & Life Ins Contracts	2946293
Investment in Subsidiaries	12932634
Beneficial interest in perpetual trusts	18350109
Employment Retirement Plans	12980030
Other Investments	52159694

Field	Value	IRS element (for citing)
Total Book Value Other Assets	101616572	TotalBookValueOtherAssets
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
Post Retirement Benefits	$29,643,248
Employment retirement plans	$12,980,030
Deferred Gain	$32,803,926
Bond Swap Valuation	$27,541,676
Other Liabilities & Deferrals	$64,519,910
Annuities Payable	$5,274,085
Agency Funds	$5,617,157

Field	Value	IRS element (for citing)
Total Of Amounts	178380032	TotalOfAmounts
Total Revenue	758385971	TotalRevenue
Total Expenses	746022708	TotalExpenses
Excess Or Deficit For Year	12363263	ExcessOrDeficitForYear
Net Unrealized GL On Investments	20841460	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	$15,827,842	OtherAmount
Total Adjustments	36669302	TotalAdjustments
Excess Or Deficit Per FS	49032565	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	864429747	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	20841460	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	70910682	OtherRevenues
Revenue Not Rptd F990	91752142	RevenueNotRptdF990
Revenue Subtotal	772677605	RevenueSubtotal
Investment Expenses Not Included	0	InvestmentExpensesNotIncluded
Other Revenues Not Included	-14291634	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-14291634	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	758385971	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	815397182	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	55082840	OtherExpensesIncluded
Expenses Not Rptd F990	55082840	ExpensesNotRptdF990
Expenses Subtotal	760314342	ExpensesSubtotal
Investment Expenses Not Included2	0	InvestmentExpensesNotIncluded2
Other Expenses Not Included	-14291634	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	-14291634	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	746022708	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P05_S00_L04	Schedule D, Part V, Line 4	The organization's endowment funds are to support scholarships, instruction, research, libraries, academic support, operational and other general support.
SchD_P10_S00_L00	Schedule D, Part X	Wake Forest University Health Sciences is a tax exempt organization as described in Section 501(c)(3) of the Internal Revenue Code ("the Code") and is generally exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. Accordingly, no provision for income taxes is made in the consolidated financial statements. Unrelated business income of Wake Forest University Health Sciences is reported on Form 990-T. Wake Forest University Health Sciences recognizes the effect of income tax positions only if those positions are more likely than not of being sustained.
SchD_P11_S00_L08	Schedule D, Part XI, Line 8	Subsidiaries filing separate 990's
SchD_P12_S00_L02d	Schedule D, Part XII, Line 2d	Subsidiaries filing separate 990's
SchD_P12_S00_L04b	Schedule D, Part XII, Line 4b	Reclass of bookstore, property, and fundraising expenses
SchD_P13_S00_L02d	Schedule D, Part XIII, Line 2d	Subsidiaries filing separate 990's
SchD_P13_S00_L04b	Schedule D, Part XIII, Line 4b	Reclass of bookstore, property and fundraising expenses

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
Pub Via Broadcast Media Expln	WFUHS publishes its nondiscriminatory policy on the wfubmc.edu website, in admission brochures, and other media materials.	PubViaBroadcastMediaExpln
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
Govt Financial Aid Explanation	WFUHS receives federal financial aid through the U.S. Department of Education's Federal Family Education Loan Program. WFUHS distributed the federal loans to approximately 607 students in fiscal year 2010.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	X	MailSolicitations
Phone Solicitations	X	PhoneSolicitations
Agreement Ref Fundraising	1	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (2 entries)

ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Gross ReceiptsGrossReceipts	Amount Retained By ContractorAmountRetainedByContractor	Net To OrganizationNetToOrganization
Grizzard Communications Group Inc
Donor Acquisition	0	36915	64135	-27220
Harris Connect Group Holdings LLC
Phone/Mail Solicitations	0	97759	391021	-293262

Field	Value	IRS element (for citing)
Total Gross Receipts	134674	TotalGrossReceipts
Total Retained By Contractors	455156	TotalRetainedByContractors
Total Net To Organization	-320482	TotalNetToOrganization
Licensed States	AK	LicensedStates
Licensed States	AL	LicensedStates
Licensed States	AR	LicensedStates
Licensed States	AZ	LicensedStates
Licensed States	CA	LicensedStates
Licensed States	CO	LicensedStates
Licensed States	CT	LicensedStates
Licensed States	DC	LicensedStates
Licensed States	DE	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	MA	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	ND	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	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	216371	GrossReceiptsEvent1
Charitable Contributions Event1	178467	CharitableContributionsEvent1
Gross Revenue Event1	37904	GrossRevenueEvent1
Cash Prizes Event1	0	CashPrizesEvent1
Non Cash Prizes Event1	0	NonCashPrizesEvent1
Rent Facility Costs Event1	74005	RentFacilityCostsEvent1
Food And Beverage Event1	31478	FoodAndBeverageEvent1
Entertainment Event1	0	EntertainmentEvent1
Other Direct Expenses Event1	42907	OtherDirectExpensesEvent1
Name Of Event2	BCH Cheers	NameOfEvent2
Gross Receipts Event2	57689	GrossReceiptsEvent2
Charitable Contributions Event2	45599	CharitableContributionsEvent2
Gross Revenue Event2	12090	GrossRevenueEvent2
Cash Prizes Event2	0	CashPrizesEvent2
Non Cash Prizes Event2	0	NonCashPrizesEvent2
Rent Facility Costs Event2	2500	RentFacilityCostsEvent2
Food And Beverage Event2	1952	FoodAndBeverageEvent2
Entertainment Event2	0	EntertainmentEvent2
Other Direct Expenses Event2	57795	OtherDirectExpensesEvent2
Total Number Of Other Events	5	TotalNumberOfOtherEvents
Gross Receipts Other Events	177545	GrossReceiptsOtherEvents
Charitable Contrib Other Events	136916	CharitableContribOtherEvents
Gross Revenue Other Events	40629	GrossRevenueOtherEvents
Cash Prizes Other Events	0	CashPrizesOtherEvents
Non Cash Prizes Other Events	0	NonCashPrizesOtherEvents
Rent Facility Costs Other Events	30177	RentFacilityCostsOtherEvents
Food And Beverage Other Events	21960	FoodAndBeverageOtherEvents
Entertainment Other Events	33724	EntertainmentOtherEvents
Other Direct Expenses Other Events	141786	OtherDirectExpensesOtherEvents
Gross Receipts Total	451605	GrossReceiptsTotal
Charitable Contributions Total	360982	CharitableContributionsTotal
Gross Revenue Total Events	90623	GrossRevenueTotalEvents
Cash Prizes Total Events	0	CashPrizesTotalEvents
Non Cash Prizes Total Events	0	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	106682	RentFacilityCostsTotalEvents
Food And Beverage Total Events	55390	FoodAndBeverageTotalEvents
Entertainment Total Events	33724	EntertainmentTotalEvents
Other Direct Expenses Total Events	242488	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	438284	DirectExpenseSummaryEvents
Net Income Summary	-347661	NetIncomeSummary

Schedule I IRS990ScheduleI

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

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	Scholarships and fellowships	TypeOfGrant
Number Of Recipients	607	NumberOfRecipients
Amount Of Cash Grant	11716648	AmountOfCashGrant
Amount Of Non Cash Assistance	0	AmountOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	SchI_P01_S00_L02	Identifier
Return Reference	Schedule I, Part I, Line 2	ReturnReference
Explanation	WFUHS monitors the academic progress and other achievements of students receiving scholarships/fellowships funds to ensure that adquate progress is maintained by the student	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Travel For Companions	X	TravelForCompanions
Idemnification Gross Up Payments	X	IdemnificationGrossUpPayments
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
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	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (17 entries)

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
John D McConnell MD
831288	0	266667	0	115661	0	441589	0	26475	0	1681680	0	0	0
William B Applegate MD
534843	0	378900	0	6335	0	39757	0	36871	0	996706	0	0	0
Douglas L Edgeton
491391	0	361600	0	9679	0	14706	0	28826	0	906202	0	0	0
Nathan O Hatch PhD
0	524277	0	34065	0	36160	0	209917	0	61338	0	865757	0	0
J Reid Morgan
0	281576	0	0	0	11991	0	24500	0	24246	0	342313	0	0
Anita M Conrad
0	143239	0	0	0	138	0	11816	0	14568	0	169761	0	0
Edward G Chadwick
294218	0	350000	0	46063	0	16476	0	27525	0	734282	0	0	0
Terry L Hales Jr
344348	0	89300	0	10913	0	13071	0	22490	0	480122	0	0	0
Thomas E Sibert MD
266654	0	550000	0	112390	0	16483	0	28661	0	974188	0	0	0
Raymond C Roy MD
200262	0	91078	0	2286	0	10732	0	17631	0	321989	0	0	0
Neal D Kon MD
216786	0	490860	0	774	0	14248	0	23407	0	746075	0	0	0
Malcolm Marks MD
217248	0	499437	0	774	0	14222	0	23365	0	755046	0	0	0
Charles Branch Jr MD
217109	0	465086	0	774	0	14082	0	23135	0	720186	0	0	0
Phillip M Williford MD
165369	0	524851	0	414	0	14222	0	21990	0	726846	0	0	0
John A Wilson MD
143664	0	520086	0	414	0	14006	0	23010	0	701180	0	0	0
Richard H Dean MD
0	0	0	0	670228	0	0	0	8456	0	678684	0	0	0
Lawrence D Hopkins MD
130109	0	78279	0	1132	0	11662	0	19159	0	240341	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchJ_P01_S00_L00	Schedule J, Part I	During the tax period, the filing organization and its affiliate, North Carolina Baptist Hospital ("NCBH") were operating under an agreement that provided for a single executive group to provide for the management of both the filing organization and NCBH, which entities together have combined operating revenues for the tax period of $1.813 billion. These individuals were sought and hired after national searches in a highly competitive environment, and the medical center sought only individuals at the highest levels of ability, given their task of initiating the new management structure designed to optimize the effectiveness of both organizations in their tax-exempt missions. Three executives (John D. McConnell, M.D., medical center CEO; Edward G. Chadwick, medical center CFO; and Thomas E. Sibert, M.D., President of Wake Forest University Physicians (the unincorporated faculty practice group) and medical center Chief Medical Officer), received one-time recruitment bonuses that included relocation incentives. Additionally, Dr. McConnell received a deferred compensation arrangement that replaced similar non-vested benefits forfeited from his previous employer. The bonuses were paid by the filing organization and the determination of the amount of the bonuses followed its compensation procedures as outlined in Part VI, Section B, line 15 of the Form 990. The compensation for executives John D. McConnell, M.D., medical center CEO, and Edward G. Chadwick, medical center CFO, is paid to them by the filing organization, but 50% of that compensation is reimbursed to the filing organization by NCBH.==================================================================== As a retention strategy of the filing organization, two executives (William B. Applegate, M.D., President of the filing organization, and Douglas L. Edgeton, Executive Vice President and COO of the filing organization), received one-time bonuses for their key roles in fostering a successful integration of the filing organization with certain affiliated organizations of the filing organization. The bonuses were paid by the filing organization and the determination of the amount of the bonuses followed the filing organization's compensation procedures as outlined in Part VI, Section B, line 15 of the Form 990. ======================= Certain executives of WFUHS are eligible to receive a bonus at the end of each fiscal year. The bonus structure is determined by a matrix including national rankings in the executive's specialty, peer comparisons and financial operating performance. The determination of the amount of the bonuses followed the filing organization's compensation procedures as outlined in Part VI, Section B, Line 15 of the 990.
SchJ_P01_S00_L01a	Schedule J, Part I, Line 1a	Certain executives within WFUHS 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. In addition, if approved by a superior and related directly to the conduct of WFUHS business, certain executives utilized first-class, spousal or chartered travel.
SchJ_P01_S00_L03	Schedule J, Part I, Line 3	The WFUHS Compensation Committee of the Board of Directors is responsible for reviewing and approving all officer compensation. The Committee utilized independent compensation consultants, compensation surveys, and studies to determine the appropriateness of each officer's compensation. An external compensation consultant experienced in health care and higher education compensation presents total compensation comparability data for the positions for which compensation is being determined. The data is reviewed by the Compensation Committee of the organization's governing board at its meeting; none of the member of that committee are employees of the organization. Minutes of the deliberations of the committee are contemporaneously recorded. In the event that any member of the Compensation 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. The Compensation Committee's recommendations on compensation are made to the full governing Board (or its Executive Committee, when necessary) at its meeting, where further discussion and the final approval takes place. Minutes of the final approval actions are also contemporaneously recorded.
SchJ_P01_S00_L04	Schedule J, Part I, Line 4	Richard H. Dean, M.D.'s compensation was largely a retirement benefit based on more than 21 years of service as former President of WFUHS, former President of all WFUHS subsidiary organizations, and as former Chair of the Department of Surgery.================================================ William B. Applegate, M.D., President of the filing organization during the tax period, participates in a supplemental nonqualified retirement plan (all of which is paid by Wake Forest University Health Sciences as part of his compensation as President). Amount contributed to the plan totaled $25,000 for the year ended December 31, 2009, and this amount is included in Schedule J, Part II, Column C. Nathan O Hatch, a director and officer of the filing organization during the tax period, participates in a supplemental nonqualified retirement plan (all of which is paid by a related organization, Wake Forest University, as part of his compensation as President of that related organization). The estimated actuarial value increase in the plan totaled $185,417 for the year ended December 31, 2009, and this amount is included in Schedule J, Part II, Column C.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	North Carolina Medical Care Commission	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	521309402	IssuerEIN
CUSIP Number	65821DB00	CUSIPNumber
Date Issued	2008-10-16	DateIssued
Issue Price	188640000	IssuePrice
Description Of Purpose	Refinancing of 2002 Series bond issue	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	0	OnBehalfOfIssuer

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	188640000	TotalProceeds
Issuance Costs From Proceeds	2407417	IssuanceCostsFromProceeds
Year Of Subst Completion	2008	YearOfSubstCompletion
Current Refunding	1	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	1	VariableRateIssue
Hedge Identified In Books And Recds	1	HedgeIdentifiedInBooksAndRecds

Name Of Hedge Provider NameOfHedgeProvider

Field	Value	IRS element (for citing)
Business Name Line1	Bank of America NA	BusinessNameLine1

Field	Value	IRS element (for citing)
Term Of Hedge	27.3	TermOfHedge
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Exception To Rebate	1	ExceptionToRebate

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Branch Banking and Trust Company
Director of organization, Robert E. Greene, is an officer of interested person	3113890	Total paid by organization to interested person for loan interest	0
Blue Cross and Blue Shield of NC
Director of the organization, James T. Williams, Jr., is also a director of interested party	74048204	Total paid by interested person to organization for medical claims for services rendered to patients of organization having benefits under plans offered by interested person	0
Branch Banking and Trust Company
Director of organization, Stephen T. Williams, is also a director of interested person	3113890	Total paid by organization to interested person for loan interest	0
MedCost LLC
Officer of organization, Edward G Chadwick, is also a board member of interested party	2093813	Total paid by organization to interested person for administration of health and dental claims	0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	55	NumberOfContributions
Noncash Contribs Rptd F990	1199247	NoncashContribsRptdF990
Method Of Determining Revenues	Avg Price on Date of Gift	MethodOfDeterminingRevenues

Real Estate Commercial RealEstateCommercial

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	3	NumberOfContributions
Noncash Contribs Rptd F990	2561890	NoncashContribsRptdF990
Method Of Determining Revenues	Appraised Value	MethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	Medical Equipment	Description
Number Of Contributions	5	NumberOfContributions
Noncash Contribs Rptd F990	25676	NoncashContribsRptdF990
Method Of Determining Revenues	Valued at cost	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Number Of8283 Received	0	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 (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchM_P01_S00_L09	Schedule M, Part I, Line 9	WFUHS determines the number of contributions by using the total number of non-cash items received per donor per occurance.
SchM_P01_S00_L25	Schedule M, Part I, Lines 25-28	WFUHS determines the value of donated non-cash items by the selling price, cost value or opinions of experts for items under $5,000 and appraisal for the items over $5,000.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P03_S00_L00	Form 990, Part III	Wake Forest University Baptist Medical Center is northwest North Carolina's sole academic medical center, bringing to the region the resources of one of America's top 50 ranked hospitals and a premier medical school. Wake Forest University Baptist Medical Center is a corporation one-half controlled by Wake Forest University and one-half controlled by North Carolina Baptist Hospital. The Medical Center operates the Wake Forest University School of Medicine, Wake Forest University Health Sciences (including its faculty physician practice of more than 600 doctors); a hospital system with 1,004 licensed acute care and rehabilitation beds across the system, which encompasses North Carolina Baptist Hospital (885 beds), Brenner Children's Hospital (160 beds, included in NCBH total); Lexington Memorial Hospital (94 beds, and its related physician practice of 32 LexMed doctors); and Davie County Hospital (25 beds). Wake Forest Baptist serves a primary 26-county region in northwestern North Carolina and southwestern Virginia and draws patients from across the state and nation for select services. Wake Forest Baptist is nationally recognized for clinical excellence and internationally known for pioneering research and clinical innovation. It has been ranked as one of "America's Best Hospitals" by U.S. News & World Report since 1993, holds the Gold Seal of Approval from the Joint Commission, the nation's esteemed standards-setting and accrediting body for health care quality, and is ranked 27th in the nation by America's Top Doctors for the number of its physicians who are considered best by their peers. The Best Doctors in America 2011-2012 listing includes 293 Wake Forest Baptist physicians, an increase of 37 percent over the previous year; 92 percent of the doctors listed for Forsyth County are Wake Forest doctors. The Medical Center was first in the Carolinas to earn Magnet Designation for Nursing Excellence from the American Nurses Credentialing Center, a distinction held since 1999. It also holds the distinction of being the most preferred hospital of area residents according to independent research from the National Research Corporation. Wake Forest Baptist offers expertise in more than 100 areas of medicine, encompassing comprehensive preventive and highly specialized care for all ages. It includes 21 subsidiary or affiliate hospitals, and operates more than 120 outreach activities, including satellite specialty clinics across northwest North Carolina that extend the benefit of Wake Forest Baptist subspecialty expertise throughout the region. As part of a busy tertiary care center, N.C. Baptist Hospital recorded 34,854 inpatient admissions in FY 2010, and a total of 818,089 outpatient encounters (ED, Downtown Health Plaza, Day Hospital, ambulatory visits). Total patient encounters numbered 852,943. In addition to its clinical leadership, Wake Forest Baptist is a major research center with more than 2,500 research studies under way. In the arena of cancer research alone, there are more than 475 studies being conducted. The Medical Center operates a Translational Science Institute committed to multi-disciplinary research that will speed findings from the laboratory to the bedside to benefit patients. One of the Medical Center's most innovative and growing programs is the Wake Forest Institute for Regenerative Medicine, where scientists are actively advancing knowledge about building organs and vessels from patients' own tissue -- advancing the horizons of medical possibility.
F990_P06_S0A_L02	Form 990, Part VI, Section A, Line 2	Mr. Robert E. Greene, a director of the organization, serves as an officer of BB&T Corporation. Mr. Stephen T. Williams, a director of the organization, serves as a director of BB&T Corporation.
F990_P06_S0A_L04	Form 990, Part VI, Section A, Line 4	Amendments to the filing organization's bylaws were adopted by the filing organization, and approved (as required in the bylaws) by the board of the filing organization's parent, Wake Forest University ("WFU"), on July 16, 2009. The amended bylaws conform the filing organization's bylaws to the provisions of the Functional Integration Agreement (the "FIA") entered into among the filing organization, its affiliated hospital, North Carolina Baptist Hospital ("NCBH"), and its related, supporting organization, Wake Forest University Baptist Medical Center ("WFUBMC"). The amendments relate to: 1) the WFUBMC CEO's ex officio membership on the filing organization's board; 2) the appointment, reporting, and removal of the filing organization's President; and 3) the limitation regarding further amendment of these provisions without the written consent of the other parties to the FIA.
F990_P06_S0A_L06	Form 990, Part VI, Section A, Line 6	Wake Forest University is the sole member of Wake Forest University Health Sciences.
F990_P06_S0A_L07a	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.
F990_P06_S0A_L07b	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 annual approval of the organization's budget.
F990_P06_S0B_L11	Form 990, Part VI, Section B, Line 11	The organization formally presents the IRS form 990 to all members of the Audit & Compliance Committe of its Board of Directors allowing adequate time for follow-up questions and comments. In addition, the organization provides a copy of the IRS form 990 as finalized to all members of the Board of Directors prior to filing Form 990 with the IRS.
F990_P06_S0B_L12c	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.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	An external compensation consultant experienced in health care and higher education compensation presents total compensation comparability data for the positions for which compensation is being determined. The data is reviewed by the Compensation Committee of the organization's governing board at its meeting; none of the members of that committee are employees of the organization. Minutes of the deliberations of the committee are contemporaneously recorded. In the event that any member of the Compensation 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. The Compensation Committee's recommendations on compensation are made to the full governing Board (or its Executive Committee when necessary) at its meeting, where further discussion, review of the compensation comparability information, and the final approval takes place. Again, members of the full board having conflicts of interest abstain from deliberations and approval. Minutes of the final approval action are also contemporaneously recorded.
F990_P06_S0C_L19	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.

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	Direct Controlling Entity NADirectControllingEntityNA
BRF-A1a LLC
Medical Center Blvd	Winston Salem	NC	27157	203073357	Real estate holding company	NC	0	305375	N/A
PTRP Holdings LLC
Medical Center Blvd	Winston Salem	NC	27157	050549344	Real estate holding company	NC	73748	25039261	N/A
Seed Stage Associates LLC
200 East First Street Suite 101	Winston Salem	NC	27101	651198831	Consult & advise on technology transfer & license on intellectual property	NC	9785	16647	N/A
BRF Deck 1 LLC
Medical Center Blvd	Winston Salem	NC	27157	861123819	Real estate holding company	NC	0	354925	N/A
BRF-A1 LLC
Medical Center Blvd	Winston Salem	NC	27157	861123822	Real estate holding company	NC	0	635758	N/A
PTRP Holdings II LLC
Medical Center Blvd	Winston Salem	NC	27157	271917927	Real estate holding company	NC	363500	474392	N/A
PTRP Holdings III LLC
Medical Center Blvd	Winston Salem	NC	27157	271918085	Real estate holding company	NC	275820	281591	N/A
Park IMP 1 LLC
Medical Center Blvd	Winston Salem	NC	27157	272070963	Real estate holding company	NC	0	0	N/A
Wake Forest Ambulatory Ventures LLC
Medical Center Blvd	Winston Salem	NC	27157		Outpatient surgery services	NC	0	0	N/A

Form990 Schedule R Part II Form990ScheduleRPartII (10 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Direct Controlling Entity NADirectControllingEntityNA
Wake Forest University Health Sciences Group Return
Medical Center Blvd	Winston Salem	NC	27157	900222618	Provide dialysis trts. to ESRD patients	NC	501(c)(3)	11a, Type I	N/A
PTRP Development Corporation
Medical Center Blvd	Winston Salem	NC	27157	061818498	Research Park Development	NC	501(c)(3)	11a, Type I	N/A
Idealliance
Medical Center Blvd	Winston Salem	NC	27157	562094067	Research Park Development	NC	501(c)(6)		N/A
Wake Forest University Foundation
P O Box 7201	Winston Salem	NC	27109	562038193	Real estate holding and management	NC	501(c)(3)	11a, Type I	N/A
Dialysis Access Group of Wake Forest University LLC
Medical Center Blvd	Winston Salem	NC	27157	204241942	Providing vascular trt. to ESRD patients	NC	501(c)(3)	11a, Type I	N/A
Idealliance Foundation
Medical Center Blvd	Winston Salem	NC	27157	562094060	Research Park Development	NC	501(c)(3)	11a, Type I	N/A
Piedmont Triad Research Park
Medical Center Blvd	Winston Salem	NC	27157	200177581	Research Park Development	NC	501(c)(3)	11a, Type I	N/A
Wake Forest University
P O Box 7201	Winston Salem	NC	27109	560532138	University	NC	501(c)(3)	2	N/A
Wake Forest University Development Foundation
P O Box 7201	Winston Salem	NC	27109	562038194	Management/Sale of charitable real property gifts	NC	501(c)(3)	11a, Type I	N/A
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)	11a, Type I	N/A

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	1	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
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	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	1	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	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 (7 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
Idealliance
d	26436
Piedmont Triad Research Park
d	3339823
PTRP Development Corporation
d	539167
Wake Forest University Health Sciences Group Return
d	947584
Idealliance
k	1
Piedmont Triad Research Park
r	2699379
Wake Forest University Health Sciences Group Return
r	10325000