West Virginia University Medical Corporation

Public charity · Grantmaker Morgantown, WV EIN: 55-0492006

To support the West Virginia University School of Medicine in the furtherance of its charitable, scientific, and educational purposes by serving as its faculty practice plan and providing a full range of business management services to its faculty in support of their clinical practices.

West Virginia University Medical Corporation at a glance

In short: West Virginia University Medical Corporation gave $23.6M across 2 grants in 2024 (avg $11.8M), mostly in West Virginia. Source: 2024 IRS Form 990.

Annual giving (2024)
$23,559,990
+7.6% vs 2023
Grants made (2024)
2
+100.0% vs 2023
Average grant
$11,779,995
-46.2% vs 2023
Median grant
$11,779,995
Total assets
$285,214,951
+14.3% vs 2023
Primary geography
West Virginia (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who West Virginia University Medical Corporation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

West Virginia University: $23.6MWest Virginia University$23.6MWV Chapter American College of Emergency Physicians: $10KWV Chapter American College ofEmergency Physicians$10K

The largest 2024 recipient was West Virginia University ($23.6M). Together the top 2 received $23.6M.

Grant Size Distribution

7 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 7 (71%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

MorgantownLexingtonWheeling

How West Virginia University Medical Corporation gives

  • Giving fell 30% from 2021 to 2024. 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$30M$40M1 grant2020 2 grants2021 1 grant2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $21.9M (2023) to $33.6M (2021). In 2024 it made 2 grants totaling $23.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
West Virginia University Morgantown, WVSupport$23,550,490
WV Chapter American College of Emergency Physicians Wheeling, WVSponsorship$9,500
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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
2024$285,214,951$954,634,085$948,595,207$23,559,9902$2,186,863
2023$249,482,310$769,572,060$763,360,292$21,891,9721$3,190,502
2022$248,561,218$691,155,457$683,095,738$24,379,2511$2,513,286
2021$234,685,147$655,420,491$644,938,229$33,646,8582$4,791,460
2020$212,648,584$571,153,959$567,301,002$22,624,5761$741,748

About West Virginia University Medical Corporation

Based on IRS filings

West Virginia University Medical Corporation is a public charity focused on Health, based in Morgantown, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $285.2M in total assets. In 2024, it awarded 2 grants totaling $23.6M. Net investment income was $2.2M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

West Virginia University Medical Corporation is led by Kathryn Moffett-Bradford MD, Director & Chair - Pediatric Infectious Diseases since 2023 (on filings since 2020); 27 of 28 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Kathryn Moffett-Bradford MD

    Director & Chair - Pediatric Infectious Diseases

    Director → Director & Chair - Pediatric Infectious Diseases, 2023

    On filings since 2020

    40 hrs/week

    $171K (2020) → $227K (2024)

  • Vinay Badhwar MD

    Executive Chair Heart Vascular Institute

    On filings since 2020

    40 hrs/week

    $2.5M (2020) → $3.4M (2024)

  • Hannah Hazard MD

    Director - Executive Chair Director Wvu Cancer Institute

    Director → Director - Executive Chair Director Wvu Cancer Institute, 2023

    On filings since 2021

    40 hrs/week

    $534K (2021) → $740K (2024)

  • Christopher Goode MD

    Director & Secretary - Chairman Emergency Medicine

    Director → Director - Chairman Emergency Medicine, 2023

    Director - Chairman Emergency Medicine → Director & Secretary - Chairman Emergency Medicine, 2024

    On filings since 2022

    40 hrs/week

    $475K (2022) → $492K (2024)

  • Michael Ang-Rabanes

    Director Starting - Chairperson Som Eastern Division Behavioral Medicine & Psychiatry

    New on the 2024 filing

    40 hrs/week

    $469K (2024)

  • Arif Sarwari MD

    Director - Infectious Diseases

    Director → Director - Infectious Diseases, 2023

    On filings since 2020

    40 hrs/week

    $363K (2020) → $269K (2024)

  • Jessica Hott DO

    Director

    Director → Director - Ob & Gyn, 2023

    Director - Ob & Gyn → Director, 2024

    On filings since 2020

    40 hrs/week

    $423K (2020) → $714K (2024)

  • William Lewis MD

    Director

    Director → Director - Family Medicine, 2023

    Director - Family Medicine → Director, 2024

    On filings since 2020

    40 hrs/week

    $289K (2020) → $356K (2024)

  • Nathan Lerfald MD

    Director - Internal Medicine

    Director → Director & Secretary - Internal Medicine, 2023

    Director & Secretary - Internal Medicine → Director - Internal Medicine, 2024

    On filings since 2021

    40 hrs/week

    $357K (2021) → $520K (2024)

  • Jeffrey Lancaster MD

    Director - Section Chief & Pedicatrics

    Director → Director - Section Chief & Pedicatrics, 2023

    On filings since 2022

    40 hrs/week

    $221K (2022) → $298K (2024)

  • Matthew Dietz MD

    Director - Orthopaedic Surgery

    Director Starting - Orthopaedic Surgery → Director - Orthopaedic Surgery, 2024

    On filings since 2023

    40 hrs/week

    $722K (2023) → $846K (2024)

  • Ali Rezai MD

    Physician

    On filings since 2020

    40 hrs/week

    $1.4M (2020) → $2.2M (2024)

  • Darin Rogers

    Vice President Provider Network Services

    Chief Ambulatory Operations Officer & Vice President Provider Network Services → Vice President Provider Network Services, 2021

    On filings since 2020

    40 hrs/week

    $225K (2020) → $238K (2024)

  • John Caruso MD

    Physician

    On filings since 2020

    40 hrs/week

    $1.3M (2020) → $1.6M (2024)

  • Kevin Halbritter MD

    Vice President Population Health

    On filings since 2020

    40 hrs/week

    $481K (2020) → $505K (2024)

  • Mathis Frick MD

    Physician - Former Key Employee

    On filings since 2020

    40 hrs/week

    $658K (2020) → $745K (2024)

  • Michael Edmond MD

    CMO

    Director - Non Voting & CMO → CMO, 2023

    On filings since 2020

    40 hrs/week

    $44K (2020) → $521K (2024)

  • Ronald Pellegrino MD

    Chief Operating Officer

    On filings since 2020

    40 hrs/week

    $550K (2020) → $571K (2024)

  • Stephen Hoffman MD

    Vice President Clinical Programs

    On filings since 2020

    40 hrs/week

    $412K (2020) → $497K (2024)

  • Christopher Mascio MD

    Physician

    On filings since 2021

    40 hrs/week

    $1.2M (2021) → $1.9M (2024)

  • JonDavid Pollock MD

    Physician

    On filings since 2022

    40 hrs/week

    $1.5M (2022) → $1.7M (2024)

  • Aaron Henry

    Vice President & Ambulatory Operations

    On filings since 2023

    40 hrs/week

    $255K (2023) → $294K (2024)

  • Bill Underwood MD

    Physician

    On filings since 2023

    40 hrs/week

    $1.3M (2023) → $1.7M (2024)

  • Colleen Beatty

    Director Starting - Assistant Professor Som Dermatology

    New on the 2024 filing

    40 hrs/week

    $517K (2024)

  • John Orphanos

    Assistant Professor Som Neurosurgery

    New on the 2024 filing

    40 hrs/week

    $1.5M (2024)

  • Richard Ward

    Director Starting - Assistant Professor Som Eastern Division Family Medicine Ls

    New on the 2024 filing

    40 hrs/week

    $359K (2024)

  • Taylor Troischt

    Director Starting - Assistant Professor Som Pediatrics

    New on the 2024 filing

    40 hrs/week

    $283K (2024)

  • Clay Marsh MD

    Voting Ex-Officio, Vice President & Executive Dean Som

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (17)
  • Former: Alison Wilson MD (2020–2023) — Director
  • Former: Judie Charlton MD (2020–2023) — CMO
  • Former: Robert Marsh MD (2020–2023) — Physician
  • Former: Emma Morton-Eggleston MD (2020–2022) — Director - Non Voting
  • Former: Lawrence Wei MD (2020–2022) — Physician
  • Former: Chris Cook MD (2020–2021) — Physician
  • Former: Henry Kurban MD (2020–2021) — Director - Non Voting & CMO Eastern Division
  • Former: Larry Rhodes MD (2020–2021) — Director
  • Former: Michael Hurst MD (2020–2021) — Director
  • Former: Sanford Emery MD (2020–2021) — Director
  • Former: Stanley Zaslau MD (2020–2021) — Director
  • Former: Gary Harter MD (2021) — Physician
  • Former: Jerome Saul MD (2020) — Physician - Former Officer & Key Employee
  • Former: Joyce Turpen (2020) — Chief Business Planning Officer
  • Former: Karis Wolfe (2020) — Chief Business Planning Officer
  • Former: Karyn Wallace (2020) — Vice President Neuroscience
  • Former: Richard Goldberg MD (2020) — Cancer Institute Director Jan-April Physician

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Vinay Badhwar MD — Executive Chair Heart Vascular Institute: $3.4MVinay Badhwar MDExecutive Chair Heart Vascular…$3.4MAli Rezai MD — Physician: $2.2MAli Rezai MDPhysician$2.2MChristopher Mascio MD — Physician: $1.9MChristopher Mascio MDPhysician$1.9MBill Underwood MD — Physician: $1.7MBill Underwood MDPhysician$1.7MJonDavid Pollock MD — Physician: $1.7MJonDavid Pollock MDPhysician$1.7MJohn Caruso MD — Physician: $1.6MJohn Caruso MDPhysician$1.6MJohn Orphanos — Assistant Professor SOM Neurosurgery: $1.5MJohn OrphanosAssistant Professor SOM…$1.5MMatthew Dietz MD — Director - Orthopaedic Surgery: $846KMatthew Dietz MDDirector - Orthopaedic Surgery$846KMathis Frick MD — Physician - Former Key Employee: $745KMathis Frick MDPhysician - Former Key Employee$745KHannah Hazard MD — Director - Exec Chair Director WVU Cancer Institute: $740KHannah Hazard MDDirector - Exec Chair Director…$740KJessica Hott DO — Director through 06/30/24 - OB/GYN: $714KJessica Hott DODirector through 06/30/24…$714KRonald Pellegrino MD — Chief Operating Officer: $571KRonald Pellegrino MDChief Operating Officer$571KMichael Edmond MD — CMO: $521KMichael Edmond MDCMO$521KNathan Lerfald MD — Director - Internal Medicine: $520KNathan Lerfald MDDirector - Internal Medicine$520KColleen Beatty — Director starting 07/01/24 - Assistant Professor SOM Dermatology: $517KColleen BeattyDirector starting 07/01/24…$517KKevin Halbritter MD — VP Population Health: $505KKevin Halbritter MDVP Population Health$505KStephen Hoffman MD — VP Clinical Programs: $497KStephen Hoffman MDVP Clinical Programs$497KChristopher Goode MD — Director, Secretary - Chairman Emergency Medicine: $492KChristopher Goode MDDirector, Secretary - Chairman…$492KMichael Ang-Rabanes — Director starting 07/01/24 - Chairperson SOM Eastern Division Behavioral Medicine and Psychiatry: $469KMichael Ang-RabanesDirector starting 07/01/24…$469KRichard Ward — Director starting 07/01/24 - Assistant Professor SOM Eastern Division Family Medicine LS: $359KRichard WardDirector starting 07/01/24…$359KWilliam Lewis MD — Director through 04/22/24 - Family Medicine: $356KWilliam Lewis MDDirector through 04/22/24…$356KJeffrey Lancaster MD — Director - Section Chief, Pedicatrics: $298KJeffrey Lancaster MDDirector - Section Chief…$298KAaron Henry — VP, Ambulatory Operations through 11/29/24: $294KAaron HenryVP, Ambulatory Operations…$294KTaylor Troischt — Director starting 07/01/24 - Assistant Professor SOM Pediatrics: $283KTaylor TroischtDirector starting 07/01/24…$283KArif Sarwari MD — Director - Infectious Diseases: $269KArif Sarwari MDDirector - Infectious Diseases$269KDarin Rogers — VP Provider Network Services: $238KDarin RogersVP Provider Network Services$238KKathryn Moffett-Bradford MD — Director, Chair - Pediatric Infectious Diseases: $227KKathryn…Director, Chair - Pediatric…$227K

The highest reported compensation on the 2024 filing was $3.4M, to Vinay Badhwar MD (Executive Chair Heart Vascular Institute). 27 officers or directors reported compensation on that filing.

Frequently asked questions about West Virginia University Medical Corporation

How much does West Virginia University Medical Corporation give each year?

West Virginia University Medical Corporation gave $23.6M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $21.9M across 1 grant.

How large is West Virginia University Medical Corporation?

West Virginia University Medical Corporation reported $285.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $954.6M.

What is West Virginia University Medical Corporation?

West Virginia University Medical Corporation is a public charity focused on Health, based in Morgantown, WV. It holds $285.2M in total assets as of 2024.

Where does West Virginia University Medical Corporation operate?

West Virginia University Medical Corporation has awarded grants in Kentucky, West Virginia.

What is West Virginia University Medical Corporation's EIN?

West Virginia University Medical Corporation's EIN (Employer Identification Number) is 55-0492006. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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