West Virginia University Foundation Inc logo

West Virginia University Foundation Inc

Public charity · Grantmaker 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.

West Virginia University Foundation Inc at a glance

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.

Annual giving (2025)
$18,546,927
-11.8% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$18,546,927
-11.8% vs 2024
Median grant
$18,546,927
Total assets
$3,299,917,464
+8.4% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

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

How to apply to West Virginia University Foundation Inc

Who West Virginia University Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

West Virginia University: $18.5MWest Virginia University$18.5M

The largest 2025 recipient was West Virginia University ($18.5M).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was $5M or more: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

Morgantown

How West Virginia University Foundation Inc gives

  • Giving grew 28% from 2022 to 2025. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

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.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
West Virginia University Morgantown, VATo Support Students of West Virginia University$18,546,927
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$3,299,917,464$152,277,981$144,767,225$18,546,9271$39,253,303
2024$3,043,490,864$242,493,810$153,932,427$21,030,4491$55,052,217
2023$2,826,400,531$137,168,472$153,381,241$21,453,6991$41,540,928
2022$2,666,942,947$221,489,920$104,681,014$14,448,6351$92,557,252
2021$2,549,094,162$183,335,188$97,989,488$14,468,4111$60,544,830
2020$1,952,164,791$155,430,683$106,328,976$14,797,1771$36,167,149

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

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

Richard Kraich ret July 2025 — VP Investments, CIO: $997KRichard Kraich ret July…VP Investments, CIO$997KCynthia L Roth — President & CEO: $815KCynthia L RothPresident & CEO$815KBernard J Davisson II ret Dec 2024 — Sr. VP Development, CDO: $523KBernard J Davisson II…Sr. VP Development, CDO$523KMichael E Augustine — COO/CFO, Treasurer: $465KMichael E AugustineCOO/CFO, Treasurer$465KJennifer Cunanan — Assoc VP, Investments: $448KJennifer CunananAssoc VP, Investments$448KKaylon McInelly — Assoc VP, Investments: $346KKaylon McInellyAssoc VP, Investments$346KBen Murray — Deputy Athletic Director and Chief Development Officer for Athletics: $302KBen MurrayDeputy Athletic Director and…$302KTimothy Bolling — Sr. Assoc VP, Leadership Philanthropy: $265KTimothy BollingSr. Assoc VP, Leadership…$265KCharles Kerzak — SrAssocVP, UniversityDevel/ CampaignMgmt: $261KCharles KerzakSrAssocVP, UniversityDevel/…$261KMelissa L Simpson — Sr, AVP Finance/ Asst. Treasurer: $196KMelissa L SimpsonSr, AVP Finance/ Asst. Treasurer$196KJessica M Burns — Dr. of Board Relations/Asst. Board Sec: $104KJessica M BurnsDr. of Board Relations/Asst.…$104K

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.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS March 23, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS March 22, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS March 16, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS April 4, 2024)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS April 13, 2026)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
  7. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from West Virginia University Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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