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West Virginia University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 556017181 ✦ Morgantown, WV ✦ Designated as a 501(c)(3)

Overview

What is West Virginia University Foundation Inc?

West Virginia University Foundation Inc, located at One Waterfront Place 7th Floor, Morgantown, WV, is a charitable organization dedicated to supporting West Virginia University and its affiliated organizations. The organization utilizes private funding to aid students across multiple schools, colleges, and departments, with significant contributions going to the Department of Intercollegiate Athletics, the Eberly College of Arts and Sciences, the College of Agriculture, Natural Resources and Design, and the Statler College of Engineering and Mineral Resources. Scholarships provided cover tuition, books, and room and board, enabling the recruitment of nationally prominent students and offering opportunities to pursue academic careers at the highest level. With a mission to enrich lives touched by West Virginia University, the Foundation maximizes private charitable support and offers services to the university and its non-profit affiliated organizations. The organization employs a workforce of 183 individuals.


Official website here: www.wvuf.org

Is West Virginia University Foundation Inc legitimate?

West Virginia University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Virginia University Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,762,694
Professional Fundraising Fees: $483,580
Other Salaries and Wages: $27,934,529

For more financial information, click here


Official website here: www.wvuf.org

What is the mission statement of West Virginia University Foundation Inc?

The West Virginia University Foundation Inc is dedicated to enhancing the lives of those connected to West Virginia University by maximizing private charitable support and offering services to the university and its affiliated non-profit organizations. Through the utilization of private funding, the foundation supports students across various schools, colleges, and departments, with a notable focus on the Department of Intercollegiate Athletics, the Eberly College of Arts and Sciences, the College of Agriculture, Natural Resources and Design, and the Statler College of Engineering and Mineral Resources. Scholarship amounts, which include tuition, books, and room and board, are used to attract prominent students and to provide opportunities for others to pursue an academic career at the highest level.


Official website here: www.wvuf.org

Who is the CEO of West Virginia University Foundation Inc?

Cynthia L Roth is the President & Ceo of West Virginia University Foundation Inc. The CEO's salary of West Virginia University Foundation Inc is $83,216 and their total compensation is $111,853.


Official website here: www.wvuf.org

What is the revenue of West Virginia University Foundation Inc?

West Virginia University Foundation Inc's revenue in 2022 was $221,489,920.


Official website here: www.wvuf.org

Who are the executives of West Virginia University Foundation Inc and what are their salaries?

The average compensation at West Virginia University Foundation Inc during 2022 was $167,744. There are 183 employees and 28 volunteers at West Virginia University Foundation Inc.

Here are 39 key members and their salaries (West Virginia University Foundation Inc's CEO's salary is $83,216 and their total compensation is $111,853):

    Richard Kraich (Vp Investments, Cio)
  • Compensation: $734,203
  • Related: $0
  • Other: $58,749

    • Cynthia L Roth (President & Ceo) [Trustee/Director]
  • Compensation: $553,701
  • Related: $0
  • Other: $119,505

    • Bernard J Davisson Ii (Sr. Vp Development, Cdo)
  • Compensation: $452,702
  • Related: $0
  • Other: $51,697

    • Michael E Augustine (Coo/Cfo, Treasurer)
  • Compensation: $431,229
  • Related: $0
  • Other: $51,506

    • Jennifer Cunanan (Assoc Vp, Investments)
  • Compensation: $319,236
  • Related: $0
  • Other: $61,009

    • Kaylon Mcinelly (Assoc Vp, Investments)
  • Compensation: $261,033
  • Related: $0
  • Other: $53,226

    • Jeffrey Schoenherr (Assoc Vp, Medical Development)
  • Compensation: $240,433
  • Related: $0
  • Other: $44,784

    • Jeffrey K Dunn ((Retired) Asst. Treasurer)
  • Compensation: $225,201
  • Related: $0
  • Other: $38,972

    • Mark Cottrill (Vp, Infrastructure & Advancement)
  • Compensation: $208,316
  • Related: $0
  • Other: $43,167

    • Timothy Bolling (Sr. Assoc Vp, Leadership Philanthropy)
  • Compensation: $198,604
  • Related: $0
  • Other: $46,656

    • Melissa L Simpson (Assoc Vp Finance & Asst Treasurer)
  • Compensation: $154,362
  • Related: $0
  • Other: $20,560

    • Jessica M Burns (Board Admin, Exec To Ceo, Asst Board Sec)
  • Compensation: $83,216
  • Related: $0
  • Other: $28,637

    • Ola Adekunle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Alderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valentina Bigalke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcia A Broughton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Bush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alison Deem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Spencer Cavalier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael T Escue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John B Gianola (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Given (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Hornsby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerri Knotts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela M Larrick (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Mcneer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William H Mccartney Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert O Orders Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexis Pugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Wayne Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Penelope F Roll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David S Santee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Sheedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin K Sidow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George S Weaver Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan J Zuccari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wvuf.org

    Where can I find the form 990 for West Virginia University Foundation Inc?

    The West Virginia University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wvuf.org

    Learn more at the official website: www.wvuf.org

    Mission Statement of West Virginia University Foundation Inc

    The West Virginia University Foundation Inc plays a vital role in enriching the lives of individuals connected to West Virginia University (WVU) by maximizing private charitable support and providing essential services to the university and its affiliated organizations. The mission of the WVU Foundation is to benefit WVU and its related non-profits by utilizing private funding in various ways.

    One of the most significant areas where the WVU Foundation makes a difference is in supporting students across multiple schools, colleges, and departments at the university. Notable initiatives include the Department of Intercollegiate Athletics, the Eberly College of Arts and Sciences, the College of Agriculture, Natural Resources and Design, and the Statler College of Engineering and Mineral Resources. Through scholarships, the organization provides crucial financial assistance to students in the form of tuition, books, and room and board. This support not only helps WVU recruit nationally prominent students but also allows other students the opportunity to pursue an academic career at the highest level.

    The WVU Foundation's commitment to students extends beyond financial assistance, as it aims to give them the best possible educational experience. By utilizing private funds, the organization enables the university to provide resources and opportunities that might not otherwise be available. Ultimately, the WVU Foundation's mission is to make a positive impact on the lives of those connected to West Virginia University, ensuring their academic and personal growth.

    Impact

    This information is meant to be a general summary of West Virginia University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    West Virginia University Foundation Inc's impact is significant as it directly supports and benefits West Virginia University and its affiliated organizations. The organization utilizes private funding to provide scholarships to students across multiple schools, colleges, and departments on campus. These scholarships cover tuition, books, and room and board, enabling students to pursue academic careers at the highest level. The WVU Foundation plays a key role in recruiting nationally prominent students and providing financial support to students in various academic fields such as intercollegiate athletics, arts and sciences, agriculture, natural resources, and engineering. Through its mission to enrich the lives of those connected with West Virginia University, the foundation maximizes private charitable support and provides essential services to the university and its nonprofit affiliated organizations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $92,557,252
  • Program Service Revenue: $14,705,327
  • Gross Receipts: $604,827,795

    • Assets and Liabilities:
  • Total Assets: $2,666,942,947
  • Total Liabilities: $1,422,336,335
  • Net Assets: $1,244,606,612
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER

    Revenue

    $9,748,311

    AGENCY FEES

    Revenue

    $4,358,479

    CONTRACTUAL AGREEMENTS

    Revenue

    $598,537

    Organization Details

    Founding Year

    1954

    Principal Officer

    Cynthia L Roth

    Main Address

    ONE WATERFRONT PLACE 7TH FLOOR, MORGANTOWN, WV, 265071650

    NTEE Category

    Code: B11 - Education

    If you are a representative of West Virginia University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.