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.
Key facts about West Virginia University Foundation Inc
In short: West Virginia University Foundation Inc gave $18.5M across 1 grant in 2025 (avg $18.5M), mostly in Virginia. Source: 2025 IRS Form 990.
- EIN
- 55-6017181
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $18,546,927
- Grants made (2025)
- 1
- Average grant
- $18,546,927
- Median grant
- $18,546,927
- Total assets
- $3,299,917,464
- Primary geography
- 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
$3.3B
+8.4% YoY
Annual Giving
$18.5M
-11.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$18.5M
-11.8% YoY
How West Virginia University Foundation Inc gives
- Giving grew 28% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About West Virginia University Foundation Inc
Based on IRS filings
West Virginia University Foundation Inc is a public charity focused on Education, based in Morgantown, WV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.3B in total assets. In 2025, it awarded 1 grant totaling $18.5M. Net investment income was $39.3M.
Focus Areas
Open Grants
3 open opportunities from West Virginia University Foundation Inc
Annual Scholarships
West Virginia University Foundation Inc
Amount
Minimum $2,000 per year for five years
Deadline
Rolling / Open
Augusta Scholarship Fund
West Virginia University Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Endowed Scholarships
West Virginia University Foundation Inc
Amount
Minimum $100,000 (College Award level) to $2,000,000 (Chair level)
Deadline
Rolling / Open
Ready to take the next step with West Virginia University Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $14.4M (2022) to $21.5M (2023). In 2025 it made 1 grant totaling $18.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was West Virginia University ($18.5M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| West Virginia University Morgantown, VA | To Support Students of West Virginia University | $18,546,927 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,299,917,464 | $3,043,490,864 | $2,826,400,531 |
| Revenue | $152,277,981 | $242,493,810 | $137,168,472 |
| Expenses | $144,767,225 | $153,932,427 | $153,381,241 |
| Net Investment Income | $39,253,303 | $55,052,217 | $41,540,928 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS March 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS March 22, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 13, 2026)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
West Virginia University Foundation Inc is led by Cynthia L Roth, President & CEO on every filing since 2020; 11 of 42 officers listed in 2025 are compensated.
Officers on the 2025 filing
Cynthia L Roth
President & CEO
On filings since 2020
45 hrs/week
$534K (2020) → $815K (2025)
William Sheedy
Chair
Director → Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Alan J Zuccari
Director
On filings since 2020
2 hrs/week
No compensation reported
Alexis Pugh
Director
On filings since 2020
2 hrs/week
No compensation reported
George S Weaver III
Director
On filings since 2020
2 hrs/week
No compensation reported
Kevin K Sidow
Director
On filings since 2020
2 hrs/week
No compensation reported
Michael T Escue
Director
On filings since 2020
2 hrs/week
No compensation reported
Penelope F Roll
Director
On filings since 2020
2 hrs/week
No compensation reported
Robert Johnson
Director
On filings since 2020
2 hrs/week
No compensation reported
Robert O Orders Jr.
Director
Chair → Director, 2021
On filings since 2020
2 hrs/week
No compensation reported
Kevin Given
Director
On filings since 2021
2 hrs/week
No compensation reported
Natalie Bush
Director
On filings since 2021
2 hrs/week
No compensation reported
Ola Adekunle
Director
On filings since 2021
2 hrs/week
No compensation reported
Spencer Cavalier
Director
On filings since 2021
2 hrs/week
No compensation reported
Valentina Bigalke
Director
On filings since 2021
2 hrs/week
No compensation reported
Jane McNeer
Director
On filings since 2022
2 hrs/week
No compensation reported
Kerri Knotts
Director
On filings since 2022
2 hrs/week
No compensation reported
Kim Craig
Director
On filings since 2022
2 hrs/week
No compensation reported
Terri Hornsby
Director
On filings since 2022
2 hrs/week
No compensation reported
Bradford Ritchie
Director
On filings since 2023
2 hrs/week
No compensation reported
George Bicher
Director
On filings since 2023
2 hrs/week
No compensation reported
Roderick Young
Director
On filings since 2023
2 hrs/week
No compensation reported
Jo Ann Shaw
Director
On filings since 2024
2 hrs/week
No compensation reported
Travis Rosiek
Director
On filings since 2024
2 hrs/week
No compensation reported
Christine Davis
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Dave Gruver
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Erika Cramer
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Michael John
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Jennifer Cunanan
Associate Vice President & Investments
On filings since 2020
45 hrs/week
$231K (2020) → $448K (2025)
Jessica M Burns
Dr. of Board Relations & Assistant Board Secretary
Board Administrator & Executive to CEO → Board Administrator, Executive to CEO & Assistant Board Secretary, 2022
Board Administrator, Executive to CEO & Assistant Board Secretary → Dr. of Board Relations & Assistant Board Secretary, 2025
On filings since 2020
45 hrs/week
$75K (2020) → $104K (2025)
Kaylon McInelly
Associate Vice President & Investments
On filings since 2020
45 hrs/week
$179K (2020) → $346K (2025)
Michael E Augustine
COO, CFO & Treasurer
On filings since 2020
45 hrs/week
$360K (2020) → $465K (2025)
Timothy Bolling
Senior Associate Vice President & Leadership Philanthropy
On filings since 2020
45 hrs/week
$183K (2020) → $265K (2025)
Melissa L Simpson
Senior, Assistant Vice President Finance & Assistant Treasurer
Associate Vice President Finance & Assistant Treasurer → Assistant Treasurer, 2023
Assistant Treasurer → Senior, Assistant Vice President Finance & Assistant Treasurer, 2025
On filings since 2022
45 hrs/week
$154K (2022) → $196K (2025)
Charles Kerzak
Srassocvp, Universitydevel & Campaignmgmt
Senior Associate Vice President & University Development → Seniorassociatevp, Universitydevelopment & Campaignmanagement, 2024
Seniorassociatevp, Universitydevelopment & Campaignmanagement → Srassocvp, Universitydevel & Campaignmgmt, 2025
On filings since 2023
45 hrs/week
$233K (2023) → $261K (2025)
Ben Murray
Deputy Athletic Director & Chief Development Officer for Athletics
New on the 2025 filing
45 hrs/week
$302K (2025)
Bernard J Davisson II ret Dec
Senior Vice President Development & CDO
New on the 2025 filing
45 hrs/week
$523K (2025)
Richard Kraich ret July
Vice President Investments & CIO
New on the 2025 filing
45 hrs/week
$997K (2025)
J Wayne Richards
Vice Chair
Director → Vice Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Susan Brewer
Secretary
Director → Secretary, 2025
On filings since 2020
2 hrs/week
No compensation reported
Jim Bethea
Vice President Investments & CIO
New on the 2025 filing
45 hrs/week
No compensation reported
William Green
Senior Vice President Development & CDO
New on the 2025 filing
45 hrs/week
No compensation reported
Former officers (21)
- Former: Bernard J Davisson II (2020–2024) — Senior Vice President Development & CDO
- Former: David S Santee (2020–2024) — Director
- Former: Marcia A Broughton (2020–2024) — Secretary
- Former: Richard Kraich (2020–2024) — Vice President Investments & CIO
- Former: Jeffrey Schoenherr (2021–2024) — Associate Vice President & Medical Development
- Former: Pamela M. Larrick (2020–2023) — Chair
- Former: Alison Deem (2020–2022) — Director
- Former: Frank Alderman (2020–2022) — Director
- Former: Jeffrey K. Dunn (2020–2022) — Assistant Treasurer
- Former: John B. Gianola (2020–2022) — Vice Chair
- Former: Mark Cottrill (2020–2022) — Vice President, Infrastructure & Advancement
- Former: William H. McCartney Jr. (2020–2022) — Director
- Former: Julia Phalunas (2020–2021) — Senior Executive Director
- Former: Patrice A. Harris (2020–2021) — Director
- Former: Delores Ann Remo (2020) — Director
- Former: Douglas R. Van Scoy (2020) — Director
- Former: Eg Ken Kendrick Jr. (2020) — Director
- Former: Gina L. Dubbe (2020) — Director
- Former: Kaye C. Daniel (2020) — Director
- Former: Olaolu Adekunle (2020) — Director
- Former: Peter J. Kalis (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $997K, to Richard Kraich ret July 2025 (VP Investments, CIO). 11 officers or directors reported compensation on that filing.
Frequently asked questions about West Virginia University Foundation Inc
How much does West Virginia University Foundation Inc give each year?
West Virginia University Foundation Inc gave $18.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $21.0M across 1 grant.
How large is West Virginia University Foundation Inc?
West Virginia University Foundation Inc reported $3.3B in total assets on its 2025 IRS Form 990. Its revenue that year was $152.3M.
What is West Virginia University Foundation Inc?
West Virginia University Foundation Inc is a public charity focused on Education, based in Morgantown, WV. It holds $3.3B in total assets as of 2025.
Where does West Virginia University Foundation Inc operate?
West Virginia University Foundation Inc has awarded grants in Virginia, West Virginia.
What is West Virginia University Foundation Inc's EIN?
West Virginia University Foundation Inc's EIN (Employer Identification Number) is 55-6017181. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching West Virginia University Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in West Virginia University Foundation Inc's focus areas in our free grants database
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