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West Virginia University Medical Corporation

MORGANTOWN, WV EIN: 55-0492006 Website

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

2states

Cities

LexingtonMorgantownWheeling

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$263M$525M$788M$1.1B20202021202220232024
Metric202420232022
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

$0$8M$17M$25M$34M1 grants20202 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

West Virginia University$23.6MWV Chapter American Coll…$10K

Grant Size Distribution

7 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Vinay Badhwar MDExecutive Chair Heart Vascul…$3.4MAli Rezai MDPhysician$2.2MChristopher Mascio MDPhysician$1.9MBill Underwood MDPhysician$1.7MJonDavid Pollock MDPhysician$1.7MJohn Caruso MDPhysician$1.6MJohn OrphanosAssistant Professor SOM Neur…$1.5MMatthew Dietz MDDirector - Orthopaedic Surgery$846KMathis Frick MDPhysician - Former Key Emplo…$745KHannah Hazard MDDirector - Exec Chair Direct…$740KJessica Hott DODirector through 06/30/24 - …$714KRonald Pellegrino MDChief Operating Officer$571KMichael Edmond MDCMO$521KNathan Lerfald MDDirector - Internal Medicine$520KColleen BeattyDirector starting 07/01/24 -…$517KKevin Halbritter MDVP Population Health$505KStephen Hoffman MDVP Clinical Programs$497KChristopher Goode MDDirector, Secretary - Chairm…$492KMichael Ang-RabanesDirector starting 07/01/24 -…$469KRichard WardDirector starting 07/01/24 -…$359KWilliam Lewis MDDirector through 04/22/24 - …$356KJeffrey Lancaster MDDirector - Section Chief, Pe…$298KAaron HenryVP, Ambulatory Operations th…$294KTaylor TroischtDirector starting 07/01/24 -…$283KArif Sarwari MDDirector - Infectious Diseases$269KDarin RogersVP Provider Network Services$238KKathryn Moffett-Brad…Director, Chair - Pediatric …$227K

From 2024 filing

NameTitleHoursCompensation
Vinay Badhwar MDExecutive Chair Heart Vascular Institute40$3,408,465
Ali Rezai MDPhysician40$2,234,428
Christopher Mascio MDPhysician40$1,939,132
Bill Underwood MDPhysician40$1,681,442
JonDavid Pollock MDPhysician40$1,654,867
John Caruso MDPhysician40$1,616,040
John OrphanosAssistant Professor SOM Neurosurgery40$1,461,123
Matthew Dietz MDDirector - Orthopaedic Surgery40$845,772
Mathis Frick MDPhysician - Former Key Employee40$745,407
Hannah Hazard MDDirector - Exec Chair Director WVU Cancer Institute40$739,559
Jessica Hott DODirector through 06/30/24 - OB/GYN40$714,232
Ronald Pellegrino MDChief Operating Officer40$571,101
Nathan Lerfald MDDirector - Internal Medicine40$520,139
Kevin Halbritter MDVP Population Health40$505,247
Colleen BeattyDirector starting 07/01/24 - Assistant Professor SOM Dermatology40$517,000
Michael Edmond MDCMO40$520,811
Christopher Goode MDDirector, Secretary - Chairman Emergency Medicine40$491,781
Stephen Hoffman MDVP Clinical Programs40$496,782
Michael Ang-RabanesDirector starting 07/01/24 - Chairperson SOM Eastern Division Behavioral Medicine and Psychiatry40$468,862
William Lewis MDDirector through 04/22/24 - Family Medicine40$355,500
Richard WardDirector starting 07/01/24 - Assistant Professor SOM Eastern Division Family Medicine LS40$358,598
Aaron HenryVP, Ambulatory Operations through 11/29/2440$294,249
Jeffrey Lancaster MDDirector - Section Chief, Pedicatrics40$298,007
Taylor TroischtDirector starting 07/01/24 - Assistant Professor SOM Pediatrics40$283,369
Arif Sarwari MDDirector - Infectious Diseases40$268,859
Darin RogersVP Provider Network Services40$237,540
Kathryn Moffett-Bradford MDDirector, Chair - Pediatric Infectious Diseases40$227,028
Clay Marsh MDVoting Ex-Officio, VP and Executive Dean SoM1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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