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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$285.2M
+14.3% YoY
Annual Giving
$23.6M
+7.6% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$11.8M
-46.2% YoY
About West Virginia University Medical Corporation
Based on IRS filings
West Virginia University Medical Corporation is a nonprofit organization 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $285,214,951 | $249,482,310 | $248,561,218 |
| Revenue | $954,634,085 | $769,572,060 | $691,155,457 |
| Expenses | $948,595,207 | $763,360,292 | $683,095,738 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,186,863 | $3,190,502 | $2,513,286 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include West Virginia University ($23,550,490), WV Chapter American College of Emergency Physicians ($9,500).
| Recipient | Purpose | Amount |
|---|---|---|
| West Virginia University Morgantown, WV | Support | $23,550,490 |
| WV Chapter American College of Emergency Physicians Wheeling, WV | Sponsorship | $9,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Vinay Badhwar MD | Executive Chair Heart Vascular Institute | 40 | $3,408,465 |
| Ali Rezai MD | Physician | 40 | $2,234,428 |
| Christopher Mascio MD | Physician | 40 | $1,939,132 |
| Bill Underwood MD | Physician | 40 | $1,681,442 |
| JonDavid Pollock MD | Physician | 40 | $1,654,867 |
| John Caruso MD | Physician | 40 | $1,616,040 |
| John Orphanos | Assistant Professor SOM Neurosurgery | 40 | $1,461,123 |
| Matthew Dietz MD | Director - Orthopaedic Surgery | 40 | $845,772 |
| Mathis Frick MD | Physician - Former Key Employee | 40 | $745,407 |
| Hannah Hazard MD | Director - Exec Chair Director WVU Cancer Institute | 40 | $739,559 |
| Jessica Hott DO | Director through 06/30/24 - OB/GYN | 40 | $714,232 |
| Ronald Pellegrino MD | Chief Operating Officer | 40 | $571,101 |
| Nathan Lerfald MD | Director - Internal Medicine | 40 | $520,139 |
| Kevin Halbritter MD | VP Population Health | 40 | $505,247 |
| Colleen Beatty | Director starting 07/01/24 - Assistant Professor SOM Dermatology | 40 | $517,000 |
| Michael Edmond MD | CMO | 40 | $520,811 |
| Christopher Goode MD | Director, Secretary - Chairman Emergency Medicine | 40 | $491,781 |
| Stephen Hoffman MD | VP Clinical Programs | 40 | $496,782 |
| Michael Ang-Rabanes | Director starting 07/01/24 - Chairperson SOM Eastern Division Behavioral Medicine and Psychiatry | 40 | $468,862 |
| William Lewis MD | Director through 04/22/24 - Family Medicine | 40 | $355,500 |
| Richard Ward | Director starting 07/01/24 - Assistant Professor SOM Eastern Division Family Medicine LS | 40 | $358,598 |
| Aaron Henry | VP, Ambulatory Operations through 11/29/24 | 40 | $294,249 |
| Jeffrey Lancaster MD | Director - Section Chief, Pedicatrics | 40 | $298,007 |
| Taylor Troischt | Director starting 07/01/24 - Assistant Professor SOM Pediatrics | 40 | $283,369 |
| Arif Sarwari MD | Director - Infectious Diseases | 40 | $268,859 |
| Darin Rogers | VP Provider Network Services | 40 | $237,540 |
| Kathryn Moffett-Bradford MD | Director, Chair - Pediatric Infectious Diseases | 40 | $227,028 |
| Clay Marsh MD | Voting Ex-Officio, VP and Executive Dean SoM | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is West Virginia University Medical Corporation?
West Virginia University Medical Corporation is a nonprofit organization focused on Health, based in MORGANTOWN, WV. It holds $285.2M in total assets as of 2024.
How large is West Virginia University Medical Corporation?
As of 2024, West Virginia University Medical Corporation holds $285.2M in total assets with $954.6M in annual revenue. It awarded 2 grants totaling $23.6M in 2024.
Where does West Virginia University Medical Corporation operate?
West Virginia University Medical Corporation has awarded grants in Kentucky, West Virginia.
What size grants does West Virginia University Medical Corporation award?
In 2024, West Virginia University Medical Corporation awarded 2 grants totaling $23.6M — an average of about $11.8M per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in West Virginia University Medical Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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