As provided in the resolutions of the Board of Trustees, the Faculty Senate has composed of ex-officio representatives from the administration and elected representatives from the College and the several schools of the University.The faculty of Wake Forest College elects twelve representatives to the Senate; three members are chosen annually to serve four-year terms. The School of Medicine has six representatives, while the Schools of Business, the Graduate School, the School of Law, and the Babcock Graduate School of Management each have three representatives.
The Senate advises the University administration and the Board on matters pertaining to long-range planning for the University and to its general welfare, and to the appointment of senior administrative officers. The Senate also recommends, through the president to the Board of Trustees, persons to receive honorary degrees.
Among the standing committees of the Faculty Senate are the Executive Committee, the Fringe Benefits Committee, the University Oversight Committee, the Intra-University Operations Committee, and the Committee on Senior University Appointments.