West Virginia University Foundation Inc

MORGANTOWN, WV EIN: 55-6017181 Website

The mission of the WVU Foundation is to enrich the lives of those touched by West Virginia University by maximizing charitable support and providing services to the University, its students and affiliated organizations.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.0B

+7.7% YoY

Annual Giving

$21.0M

-2.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$21.0M

-2.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67M$133M$200M$267M20202021202220232024
Metric202420232022
Total Assets$3,043,490,864$2,826,400,531$2,666,942,947
Revenue$242,493,810$137,168,472$221,489,920
Expenses$153,932,427$153,381,241$104,681,014
Qualifying Distributions
Net Investment Income$55,052,217$41,540,928$92,557,252
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$11M$16M$21M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

West Virginia University$21.0M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does West Virginia University Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Richard KraichVP Investments, CIO$993KCynthia L RothPresident & CEO$751KBernard J Davisson IISr. VP Development, CDO$476KJennifer CunananAssoc VP, Investments$441KMichael E AugustineCOO/CFO, Treasurer$425KKaylon McInellyAssoc VP, Investments$343KJeffrey SchoenherrAssoc VP, Medical Development$246KTimothy BollingSr. Assoc VP, Leadership Phi…$244KCharles KerzakSeniorAssociateVP, Universit…$241KMelissa L SimpsonAsst. Treasurer$179KJessica M BurnsBoard Admin, Exec to CEO/Ass…$94K

From 2024 filing

NameTitleHoursCompensation
Cynthia L RothPresident & CEO45$750,740
J Wayne RichardsVice Chair2
Marcia A BroughtonSecretary2
William SheedyChair2
Alan J ZuccariDirector2
Alexis PughDirector2
Bradford RitchieDirector2
David S SanteeDirector2
George BicherDirector2
George S Weaver IIIDirector2
Jane McNeerDirector2
Jo Ann ShawDirector2
Kerri KnottsDirector2
Kevin GivenDirector2
Kevin K SidowDirector2
Kim CraigDirector2
Michael T EscueDirector2
Natalie BushDirector2
Ola AdekunleDirector2
Penelope F RollDirector2
Robert JohnsonDirector2
Robert O Orders JrDirector2
Roderick YoungDirector2
Spencer CavalierDirector2
Susan BrewerDirector2
Terri HornsbyDirector2
Travis RosiekDirector2
Valentina BigalkeDirector2
Bernard J Davisson IISr. VP Development, CDO45$476,193
Jessica M BurnsBoard Admin, Exec to CEO/Asst. Board Sec45$94,125
Melissa L SimpsonAsst. Treasurer45$178,924
Michael E AugustineCOO/CFO, Treasurer45$425,456
Richard KraichVP Investments, CIO45$993,088
Charles KerzakSeniorAssociateVP, UniversityDevelopment/ CampaignManagement45$240,683
Jeffrey SchoenherrAssoc VP, Medical Development45$246,180
Jennifer CunananAssoc VP, Investments45$440,801
Kaylon McInellyAssoc VP, Investments45$342,689
Timothy BollingSr. Assoc VP, Leadership Philanthropy45$244,254

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Morgantown

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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