Shepherd University Foundation Inc logo

Shepherd University Foundation Inc

Public charity · Grantmaker Shepherdstown, WV EIN: 55-6020064 Website

Provide scholarships and awards for students attending shepherd university, shepherdstown, wv and provide assistance and support for faculty, facilities and programs of the university.

Key facts about Shepherd University Foundation Inc

In short: Shepherd University Foundation Inc gave $1.3M across 9 grants in 2025 (avg $144K), mostly in West Virginia. Source: 2025 IRS Form 990.

EIN
55-6020064
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,299,268
Grants made (2025)
9
Average grant
$144,363
Median grant
$36,250
Total assets
$49,307,422
Primary geography
West Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$49.3M

+12.0% YoY

Annual Giving

$1.3M

-13.4% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$144K

-42.2% YoY

How Shepherd University Foundation Inc gives

  • Giving grew 41% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Shepherd University Foundation Inc

Based on IRS filings

Shepherd University Foundation Inc is a public charity focused on Education, based in Shepherdstown, WV. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $49.3M in total assets. In 2025, it awarded 9 grants totaling $1.3M. Net investment income was $1.9M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

MartinsburgShepherdstownGreenvilleCharles TownHedgesvilleLeesburg

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M4 grants2019 3 grants2020 4 grants2021 6 grants2022 6 grants2023 6 grants2024 9 grants2025

From 2019 to 2025, annual grant giving ranged from $131K (2019) to $1.5M (2024). In 2025 it made 9 grants totaling $1.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Shepherd University: $1.1MShepherd University$1.1MCamp Frame: $36KCamp Frame$36KChildren's Home Society of WV: $36KChildren's Home Society of WV$36KRuth Scarborough Library: $36KRuth Scarborough Library$36KShepherd University Tabler Farm: $36KShepherd University TablerFarm$36KBoys and Girls Club of Eastern Panhandle: $27KBoys and Girls Club of EasternPanhandle$27KCourt Appointed Special Advocates (CASA) Eastern Panhandle: $27KCourt Appointed SpecialAdvocates (CASA) Eastern…$27KContemporary American Theater Festival: $16KContemporary American TheaterFestival$16KLiteracy Volunteers of the Eastern Panhandle: $14KLiteracy Volunteers of theEastern Panhandle$14K

The largest 2025 recipient was Shepherd University ($1.1M). Together the top 9 received $1.3M.

Grant Size Distribution

31 grants across all recorded years

26<$50K1$50–100K$100–250K$250–500K2$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 26 grants of 31 (84%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Shepherd University Shepherdstown, WVGeneral Expenses$1,071,036
Camp Frame Hedgesville, WVGeneral Support$36,250
Children's Home Society of WV Martinsburg, WVGeneral Support$36,250
Ruth Scarborough Library Shepherdstown, WVGeneral Support$36,250
Shepherd University Tabler Farm Shepherdstown, WVGeneral Support$36,250
Boys and Girls Club of Eastern Panhandle Martinsburg, WVGeneral Support$26,750
Court Appointed Special Advocates (CASA) Eastern Panhandle Martinsburg, WVGeneral Support$26,750
Contemporary American Theater Festival Shepherdstown, WVGeneral Support$15,650
Literacy Volunteers of the Eastern Panhandle Martinsburg, WVGeneral Support$14,082

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$49,307,422$44,009,478$39,537,614
Revenue$4,322,817$3,687,508$3,474,733
Expenses$2,225,624$2,716,790$2,710,503
Net Investment Income$1,883,050$932,574$587,048

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS January 25, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS January 8, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS February 18, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS February 3, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS April 3, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS April 30, 2025)
  7. Updated Form 990 for fiscal year 2025 (received by the IRS February 25, 2026)

Leadership & Key People

Officers and directors from IRS filings

Shepherd University Foundation Inc is led by Austin J. Slater Jr., President since 2025 (on filings since 2022); 2 of 24 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Austin J. Slater Jr.

    President

    Treasurer → President, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Alfred L. Young

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Christopher K. Robertson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Christopher S. Colbert

    Director

    President → Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Darren B. Iden

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mary Jc Hendrix

    Director

    Director-At- → Director, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mary Kathryn Robinson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Pat Moler Egle

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • W. Gregory Snellings

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Matthew P. Knott

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Victoria M. Johnston

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • James S. Scott

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Andrew Patterson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jason Allen

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Benjamin Bankhurst

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Daniel Clarke

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Lyndsey Matschat

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Mary Jo Brown

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Rich Goodman

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Breanne Rugh

    Comptroller

    On filings since 2023

    40 hrs/week

    $51K (2023) → $73K (2025)

  • Sherri Janelle

    Executive Vice Pr

    On filings since 2023

    40 hrs/week

    $38K (2024) → $137K (2025)

  • D. Benjamin Deuell

    Vice President

    Director → Vice President, 2021

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Jason Best

    Treasurer

    Director → Treasurer, 2025

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Robert H. Jensenius

    Secretary

    Director → Secretary, 2025

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (25)
  • Former: Cecelia Mason (2019–2024) — Director
  • Former: Heidi M. Hanrahan (2019–2024) — Director
  • Former: Karl L. Wolf (2019–2024) — Secretary
  • Former: Mary Elizabeth Oates (2019–2024) — Director
  • Former: James Taylor (2023–2024) — Former Executive
  • Former: Jenn Sirbaugh (2024) — Director
  • Former: Randy Friend (2024) — Director
  • Former: The Honorary Lynsey Matschat (2024) — Director
  • Former: Arthur J. Auxer (2019–2023) — Director
  • Former: Brian K. Jackson (2019–2023) — Director
  • Former: Cathy M. Nevy (2019–2023) — Former Comptroller
  • Former: J. David Rickard (2019–2023) — Director
  • Former: Monica W. Lingenfelter (2019–2023) — Former Executive
  • Former: Tammy Gill (2019–2023) — Director
  • Former: Janine Sam (2020–2023) — Director
  • Former: Kenneth J. Boone (2019–2022) — Director
  • Former: Eric J. Lewis (2019–2021) — Director
  • Former: Julia M. Connell (2019–2021) — Treasurer
  • Former: Timothy B. McShea (2019–2021) — Director
  • Former: Gina M. Walters (2019–2020) — Director
  • Former: Tony W. Price (2019–2020) — Director
  • Former: Carol Plautz (2019) — Director
  • Former: John F. Beatty (2019) — Director
  • Former: Robert H. Chuey II (2019) — Director
  • Former: Stephen G. Skinner (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sherri Janelle — Exec Vice PR: $137KSherri JanelleExec Vice PR$137KBreanne Rugh — Comptroller: $73KBreanne RughComptroller$73K

The highest reported compensation on the 2025 filing was $137K, to Sherri Janelle (Exec Vice PR). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Shepherd University Foundation Inc

How much does Shepherd University Foundation Inc give each year?

Shepherd University Foundation Inc gave $1.3M across 9 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.5M across 6 grants.

What is Shepherd University Foundation Inc's typical grant size?

Shepherd University Foundation Inc's median grant in 2025 was $36,250, and its average grant was $144,363, across 9 grants on its 2025 IRS Form 990.

Where does Shepherd University Foundation Inc give grants?

Shepherd University Foundation Inc gives mostly in West Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Shepherdstown, WV (4 grants) and Martinsburg, WV (4 grants).

Does Shepherd University Foundation Inc give general operating support?

Yes: 100% of Shepherd University Foundation Inc's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990.

Who are Shepherd University Foundation Inc's largest grantees?

Shepherd University Foundation Inc's largest 2025 grantees include Shepherd University ($1,071,036), Camp Frame ($36,250) and Children's Home Society of WV ($36,250), according to its 2025 IRS Form 990. Together they received 88% of its itemized 2025 grant dollars.

How large is Shepherd University Foundation Inc?

Shepherd University Foundation Inc reported $49.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.3M.

What is Shepherd University Foundation Inc?

Shepherd University Foundation Inc is a public charity focused on Education, based in Shepherdstown, WV. It holds $49.3M in total assets as of 2025.

What is Shepherd University Foundation Inc's EIN?

Shepherd University Foundation Inc's EIN (Employer Identification Number) is 55-6020064. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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