WakeMed
THE MISSION OF WAKEMED IS TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.0B
+5.6% YoY
Annual Giving
$2.1M
+5.3% YoY
Grant Count
24
+4.3% YoY
Avg Grant Size
$89K
+0.9% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,971,085,645 | $1,866,139,975 | $1,739,298,787 |
| Revenue | $2,298,360,002 | $2,067,993,368 | $1,905,941,318 |
| Expenses | $2,286,777,227 | $2,092,838,776 | $1,907,775,364 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,071,238 | $16,892,187 | $130,844,534 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does WakeMed fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Blount Williams | Board Member | 2.1 | — |
| Christina A Shanahan | Board Member | 1.8 | — |
| Dan Blue III | Board Member | 2.1 | — |
| Henry L Darnell | Board Member (Until 5/25/24) | 2.3 | — |
| James Anthony Penry | Board Member | 1.8 | — |
| Keemia Shaw | Board Member | 1.4 | — |
| Larry Barbour | Board Member (until 5/25/24) | 2.5 | — |
| Laura Helton MD | Board Member | 1.8 | — |
| Margaret Bratton | Vice Chair | 2.1 | — |
| Mary Nash Rusher | Secretary | 2.1 | — |
| Michael Painter | Board Member | 1.8 | — |
| Peter M Scott III | Board Member | 1.4 | — |
| Robert C Rice Jr | Board Member | 2.1 | — |
| Satish Garimella | Board Member | 1.6 | — |
| Sonia Barnes | Board Member | 1.8 | — |
| Thad L McDonald MD | Chair | 3.2 | — |
| David Nussman | VP, Compliance and Privacy - Interim (From 12/3/23) | 55 | $135,983 |
| Dionne Whitaker | Officer - Secretary | 50 | $84,763 |
| Donald Gintzig | President & CEO | 80 | $1,881,664 |
| Stephanie Sessoms | EVP & Chief Financial Officer | 65 | $354,686 |
| Theodore Lotchin | VP & Chief Compliance & Privacy Officer (Until 2/24) | 60 | $352,999 |
| Thomas Gough | EVP & Chief Operating Officer | 60 | $665,364 |
| Carolyn Knaup | SVP - Strategic Ventures & Ambulatory Operations | 55 | $404,239 |
| Charles Harr | Chief Medical Officer, Raleigh | 60 | $452,133 |
| Christine Craig | VP, Governmental Affairs | 60 | $312,198 |
| Cynthia Alness-Boily | SVP - Operations & CNO | 60 | $434,516 |
| Debra Laughery | VP, Marketing and Communications | 60 | $341,675 |
| Gayla Harvey | VP, Payor Strategy & Managed Care Contracting | 48 | $325,256 |
| Jeff Neisen | VP, Revenue Cycle | 70 | $329,110 |
| Jeronica Goodwin | SVP, Human Resources | 60 | $348,755 |
| John Perry | VP, Medical Information | 60 | $393,549 |
| Karen Bash | Chief Medical Officer, North | 55 | $382,508 |
| Karen Chilton MD | SVP & Chief Quality Officer | 50 | $405,466 |
| Micah Krempasky | Chief Medical Officer, Mental Health & Well-Being | 60 | $354,244 |
| Peter Marks | VP & Chief Information Officer | 55 | $427,229 |
| Rebecca Andrews | SVP & Administrator Raleigh | 70 | $516,310 |
| Rick Shrum | VP & Chief Strategy Officer | 55 | $388,475 |
| Seth Brody | EVP, Physician Services | 60 | $643,534 |
| Susan James | VP & Chief Legal Officer (Until 12/1/23) | 65 | $429,287 |
| Thomas Cavender | VP, Facilities & Construction | 60 | $370,225 |
| Thomas Hughes | SVP & Administrator Cary | 57 | $333,070 |
| Valerie Barlow | SVP & Administrator North | 60 | $357,180 |
| ashish Patel | Physician | 60 | $1,538,517 |
| bryon boulton | Physician | 62 | $1,449,918 |
| gurvinder deol | Physician | 60 | $1,313,264 |
| judson williams | Physician | 80 | $1,301,145 |
| mark graham | Physician | 60 | $1,352,763 |
| Roylyn Johnson | Former Secretary (Until 2/7/23) | — | $121,785 |
| Shondra Brink | Former VP, WakeMed Physician Practices (until 6/3/23) | — | $155,426 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
North Carolina $9.1M (95%)
Iowa $423K (4%)
Virginia $23K (0%)
Texas $8K (0%)
Georgia $8K (0%)
Tennessee $6K (0%)
Cities
ApexArlingtonAtlantaBrentwoodCaryCharlotteDallasDes MoinesDesmoinesDurhamGreensboroMorrisvilleRaleigh
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with WakeMed on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry