TY 2019 Form 990 Schedule J

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1Anita M Conrad Asst Secretary	(i) (ii)	188,843 -------------	6,000 -------------	396 -------------	19,200 -------------	20,437 -------------	234,876 -------------	-------------
2B Hofler Milam EVP, CFO, Treas	(i) (ii)	639,143 -------------	40,000 -------------	20,770 -------------	248,649 -------------	26,195 -------------	974,757 -------------	-------------
3Charles L Iacovou PhD Dean, Business School	(i) (ii)	446,455 -------------	30,000 -------------	28,289 -------------	28,000 -------------	21,442 -------------	554,186 -------------	-------------
4Daniel R Manning Mens BktBall Co	(i) (ii)	2,309,338 -------------	205,000 -------------	24,882 -------------	21,000 -------------	19,992 -------------	2,580,212 -------------	-------------
5David P Clawson Football Coach	(i) (ii)	3,374,295 -------------	130,000 -------------	48,790 -------------	21,000 -------------	36,986 -------------	3,611,071 -------------	-------------
6J Reid Morgan S.VP, Sec, G.C.	(i) (ii)	524,258 -------------	110,000 -------------	20,770 -------------	110,743 -------------	56,232 -------------	822,003 -------------	-------------
7Jane Aiken Dean, Law School	(i) (ii)	269,061 -------------	152,022 -------------	102,574 -------------	13,594 -------------	10,607 -------------	547,858 -------------	-------------
8John A Currie Director of Athletics on 05/19	(i) (ii)	551,571 -------------	-------------	100,349 -------------	14,000 -------------	22,014 -------------	687,934 -------------	-------------
9John D McConnell MD Former EVP Health Affairs	(i) (ii)	------------- 656,678	------------- 13,462	------------- 49,988	------------- 21,213	------------- 22,126	------------- 763,467	-------------
10Julie A Freischlag MD EVP Health Aff.	(i) (ii)	------------- 1,378,992	------------- 663,750	------------- 17,424	------------- 422,951	------------- 27,520	------------- 2,510,637	-------------
11Lawrence D Hopkins MD Trustee	(i) (ii)	------------- 300,669	-------------	------------- 9,564	------------- 20,761	------------- 20,297	------------- 351,291	-------------
12Mark A Petersen VP - Advancement	(i) (ii)	500,711 -------------	60,000 -------------	26,881 -------------	117,250 -------------	29,193 -------------	734,035 -------------	-------------
13Michele Gillespie PhD Dean, Wake Forest College	(i) (ii)	340,184 -------------	20,000 -------------	10,211 -------------	28,000 -------------	36,209 -------------	434,604 -------------	-------------
14Nathan O Hatch PhD Pres. & Trustee	(i) (ii)	930,761 -------------	370,436 -------------	364,630 -------------	277,477 -------------	75,384 -------------	2,018,688 -------------	272,728 -------------
15Rogan Kersh PhD Provost	(i) (ii)	580,028 -------------	45,820 -------------	13,554 -------------	137,074 -------------	25,488 -------------	801,964 -------------	-------------
16Ronald D Wellman Director of Athletics to 04/19	(i) (ii)	796,542 -------------	-------------	26,250 -------------	28,000 -------------	10,478 -------------	861,270 -------------	-------------
17Thomas Walter Baseball Coach	(i) (ii)	443,476 -------------	13,800 -------------	22,594 -------------	28,000 -------------	18,130 -------------	526,000 -------------	-------------
18Warren D Ruggiero Asst F'ball Coach	(i) (ii)	506,195 -------------	31,500 -------------	8,277 -------------	21,000 -------------	15,188 -------------	582,160 -------------	-------------

Schedule J (Form 990) 2019

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
Part I, Line 1a: Relevant information in regards to selections on 1a.	Charter Travel: Charter travel is sometimes made available for various business and scheduling needs of the officers who are traveling. Athletics personnel sometimes use charters for team travel. Chartered flights are sometimes provided by donors to the university. As such travel is for business purposes only, it is not treated as taxable.Travel for companions: Reimbursed spousal travel is allowed per the filing organization's policy when pursuant to a bona fide business purpose. To the extent that there is a business purpose for the travel, it is not treated as taxable.Tax indemnification: Individuals may have certain payments grossed up at the discretion of the President, Board of Trustees, CFO, or as provided by their employment contract. All such payments are considered taxable.The President is provided lodging for the convenience of the University as a condition of the President's employment, and as such, pursuant to IRC Section 119, it is not deemed a taxable benefit. Certain services, such as cleaning, landscaping and maintenance, are provided as part of the operation of the President's University-owned residence. The value of cleaning attributed to personal spaces is included in the President's taxable income.Social Club dues are provided by the University when membership fulfills a university business purpose. All such dues are included in taxable compensation when applicable.The President has a discretionary spending account which is monitored against the University's Accountable Plan. Any expenses deemed personal are treated as taxable compensation.
Part I, Line 7: Non-Fixed payments not listed above	Various Officers and Key Employees have incentive compensation components contained in their employment agreements. These are often goal-based and are determined in the course of evaluation of the employee's performance by his or her supervisor or the compensation committee of the filing organization's board, as applicable. Others are awarded discretionary amounts, but within budgetary constraints. Other non-fixed payments may include sums for relocation that are typically included as a provision in an employment agreement. All such payments are reflected on the individual's W-2 when applicable.
Part III, Additional Information	The following individuals have amounts included in Schedule J, column D (nontaxable benefits) for tuition provided to family members under the Wake Forest University Tuition Concession Plan for Dependent Children, available to all employees.J. Reid Morgan: $25,065 Michele Gillespie, PhD: $20,288David P. Clawson: $10,144Mark A. Peterson: 5,171Thomas Walter: 10,144All compensation provided to Julie Ann Freischlag M.D. (Current EVP- Health Affairs) and John D. McConnell, M.D. (Former EVP- Health Affairs) was paid by a related organization, Wake Forest University Health Sciences (WFUHS), for their services as officers of that related organization (and other related and affiliated organizations comprising the academic medical center of which the filing organization's Medical School is a part) and not for any of their services as an officer of the filing organization. Wake Forest University Baptist Medical Center (WFUBMC) is the organization that has been delegated authority to operate WFUHS and the North Carolina Baptist Hospital (NCBH), an unrelated but affiliated organization, and all of the respective subsidiaries of each of WFUHS and NCBH. WFUBMCs two equal members are the filing organization (WFU) and NCBH; Dr. McConnell was the CEO of WFUBMC, WFUHS and NCBH through 4-26-17; Dr. Julie A. Freischlag succeeded Dr. McConnell in that office effective 4-27-17.

Software ID:	19009920
Software Version:	2019v5.0