West Virginia · Nonprofit
WEST VIRGINIA UNIVERSITY FOUNDATION INC
WEST VIRGINIA UNIVERSITY FOUNDATION INC (West Virginia) receives grants from 377 organizations whose IRS filings report $123,586,050 to it, the largest being HAZEL RUBY MCQUAIN CHARITABLE TRUST ($19,998,386). 218 of them have funded it in more than one year.
- Revenue FY2025
- $152M
- Funders on record
- 377
- Grants received
- $124M
- Net assets
- $1.4B
What West Virginia University Foundation Inc does
Mission
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.
As stated on its FY2025 Form 990.
Programs
The organization utilizes private funding to support multiple schools, colleges, and departments impacting all levels of the campus. Amounts funded in this area are primarily utilized to enhance salary levels thereby positioning west virginia university to be more competitive in attracting and retaining talented individuals within the academic, administrative, and research fields. The health sciences campus was the primary beneficiary of funded salaries; however, virtually every academic department, as well as the department of intercollegiate athletics, received funding for this critical function.
$29,943,437 spent25% of program spendingThe organization utilizes private funding to support capital project initiatives across campus. For the current fiscal year, west virginia university received funding from the organization to support a variety of capital initiatives.
$29,296,637 spent24% of program spendingThe organization utilizes private funding to support students within multiple schools, colleges, and departments across campus; the most significant of which were 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 include tuition, books, and room and board. Scholarship amounts are utilized across campus to help recruit nationally prominent students as well as provide funding support to give other students the opportunity to pursue an academic career at the highest level.
$18,546,927 spentof which $18,546,927 as grants15% of program spendingThe organization has other disbursements in direct support of west virginia university, including faculty and staff travel for educational purposes, classroom, laboratory, and office supplies, educational materials, etc.
$42,541,281 spent35% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $120,328,282.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.0B to $2.5B (+31%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
58% of WEST VIRGINIA UNIVERSITY FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Cynthia L Roth
President & CEO
Board chair
William Sheedy
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 86 funders to 149 funders, grant income rose $6.5M → $19M.
42 of 377 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $29M from 34 payers (the payer shares this organization's board, largest West Virginia University Hospitals Inc). These are real filings, and they are not money WEST VIRGINIA UNIVERSITY FOUNDATION INC raised.
From the IRS filings of WEST VIRGINIA UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 377 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
WEST VIRGINIA UNIVERSITY FOUNDATION INC has a broad base — no single funder exceeds 16% of grant income, and it takes 10 funders to reach half.
the vertical line marks half of all grant income — 10 funders to its left
25% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WEST VIRGINIA UNIVERSITY FOUNDATION INC.
Largest funder’s share by year: 2017 15% · 2018 24% · 2019 28% · 2020 21% · 2021 12% · 2022 10% · 2023 26% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
45% of WEST VIRGINIA UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
52% of WEST VIRGINIA UNIVERSITY FOUNDATION INC's grant income comes from West Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $23M arriving through sponsors registered in 21 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
WEST VIRGINIA UNIVERSITY FOUNDATION INC holds deeper cash reserves than three-quarters of the 684 education nonprofits its size.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Organizations like WEST VIRGINIA UNIVERSITY FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In West Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 39 states
Part of a family of 3 related entities
- Charitable Remainder Trust (46) · corp_trust
- Perpetual Trusts (13) · corp_trust
- Charitable Lead Trust (5) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for WEST VIRGINIA UNIVERSITY FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds WEST VIRGINIA UNIVERSITY FOUNDATION INC?
- WEST VIRGINIA UNIVERSITY FOUNDATION INC (West Virginia) receives grants from 377 organizations whose IRS filings report $123,586,050 to it, the largest being HAZEL RUBY MCQUAIN CHARITABLE TRUST ($19,998,386). 218 of them have funded it in more than one year.
- How many funders does WEST VIRGINIA UNIVERSITY FOUNDATION INC have?
- IRS filings report 377 organizations giving $123,586,050 in grants to WEST VIRGINIA UNIVERSITY FOUNDATION INC, 218 of which have funded it in more than one year.
- Who is the largest funder of WEST VIRGINIA UNIVERSITY FOUNDATION INC?
- HAZEL RUBY MCQUAIN CHARITABLE TRUST is the largest funder on record, with $19,998,386 in grants. The full list of funders is on this page.
- How can an organization like WEST VIRGINIA UNIVERSITY FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 377 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing