Hazel Ruby Mcquain Charitable Trust
The Hazel Ruby McQuain Charitable Trust is a private foundation established in February 1989 and based in Morgantown, West Virginia. Named after businesswoman and philanthropist Hazel Ruby McQuain (1909-2002), the trust operates as a 501(c)(3) organization with a focus on transformational giving in West Virginia communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$104.0M
-2.3% YoY
Annual Giving
$12.0M
+44.7% YoY
Grant Count
31
-16.2% YoY
Avg Grant Size
$387K
+72.7% YoY
Mission & Focus Areas
The trust makes trustee-directed grants with primary funding priorities including:
- Education: Charter schools, K-12 schools, and Head Start programs
- Community Development: Recreational facilities and social services
- Youth Development: Scouting programs and youth facilities
- Social Services: Programs addressing addiction and poverty
- Healthcare Infrastructure: Medical facilities and research programs
- Higher Education: Scholarships, research programs, and endowed positions
Grantmaking
Grant Range
$100,000 to $50 million
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Geographic Focus
Where this funder awards grants
Primary focus on Morgantown and Monongalia County, West Virginia, with significant giving to West Virginia and Illinois organizations.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023-2024:
- Total assets: $103,950,342 to $106,443,404
- Total revenues (2023): $7,215,171
- Total expenses (2023): $9,667,596
- Total giving (2024): $11,981,863
- Annual giving (2023): $8,279,828
Financial Position:
- Total liabilities: $0
- The trust has contributed nearly $200 million to West Virginia University and WVU Medicine, making it the second-largest benefactor to the institution
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $103,950,342 | $106,443,404 | $108,706,398 |
| Revenue | $10,605,527 | $7,215,171 | $19,961,994 |
| Expenses | $13,406,973 | $9,667,596 | $9,899,827 |
| Qualifying Distributions | $13,256,973 | $9,567,596 | $9,449,827 |
| Net Investment Income | $10,547,812 | $7,215,171 | $19,961,994 |
| Distributable Amount | $11,454,829 | $10,009,672 | $9,570,698 |
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
184 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Trustees: George R. Farmer Jr., Clyde E. Bartter, Charles D. Dunbar, and Stephen Farmer
- The trust operates with zero employees
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES D DUNBAR | TRUSTEE/AS REQ'D | — | — |
| STEPHEN B FARMER | TRUSTEE/AS REQ'D | — | — |
| CHASE L FARMER | TRUSTEE/AS REQ'D | — | — |
| BROOKS H FARMER | TRUSTEE/AS REQ'D | — | — |
Recent News & Activity
Recent developments and announcements
**2024**: The trust made a $50 million gift to West Virginia University Medicine to build a new cancer hospital, representing one of the largest recent commitments by the foundation
Hazel Ruby McQuain Charitable Trust makes $50 million gift to build new cancer**2025**: WVU announced the 2025 class of Ruby Fellows, a program supported by the trust
Contact Information
Address: PO Box 683, Morgantown, WV 26507-0683
Phone: 304-599-4037
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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