Cause IQ organization profile

West Virginia University Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

West Virginia University Foundation is a school foundation based in Morgantown, WV that was founded in 1954. As of 2018 they had $131 million in revenue and $1.7 billion in assets.

The mission of the wvu foundation is to enrich the lives of those touched by west Virginia university by maximizing private charitable support and providing services to the university and its affiliated organizations. To support and benefit west Virgi...

EIN:
55-6017181
City:
State:
Website:
Facebook:
Twitter:
Founded:
1954
Type:
501(c)(3)
NTEE:
Revenue:
$131,813,965
Assets:
$1,783,345,224
Employees:
204
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at West Virginia University Foundation

The 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.

The 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.

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.

Form 990s for West Virginia University Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-06Apr 15, 2019990View PDF
2017-06Apr 10, 2018990View PDF
2016-06Jul 26, 2017990View PDF
2015-06Jul 14, 2016990View PDF
2014-06Mar 6, 2015990View PDF
...and four more Form 990 PDFs

Financials for West Virginia University Foundation

Field2018
Total grants, contributions, etc.$79,358,970
Program services$16,553,092
Investment income and dividends$15,654,426
Tax-exempt bond proceeds$0
Royalty revenue$40,928
Net rental income$496,618
Net gain from sale of non-inventory assets$19,692,529
Net income from fundraising events$17,402
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$131,813,965

Vendors for West Virginia University Foundation

VendorServicesAmount paidDate
Microsoft ServicesSoftware2019-08-29
█████ ██████ ███████ ███Tax accounting; Audit accounting2019-03-15
█████ ███████████Investment Manager$184,7782018-06-01
██████ █████████ ██ ██Investment Manager$454,3982018-06-01
███ █████ ███ ██████ ████Legal Services$168,2362018-06-01
█████████ █████ ██████████ ███Investment Manager$275,8052018-06-01
███ ███████ █████Investment Manager$296,0462018-06-01
████Investment management; Insurance2016-12-31

Personnel at West Virginia University Foundation

NameTitleCompensationMost recent data
Benjamin M. StatlerCo - Founder and Chief Executive Officer, Gulf Coast Capital Partners, Naples, FL$0June 5, 2018
Cynthia L RothPresident and Chief Executive Officer$450,875June 30, 2018
███████ █ █████████Chief Operating Officer , Chief Financial Officer , and Treasurer / Chief Operating Officer and Chief Financial Officer and Treasurer$341,506April 10, 2019
███████ █ ████████Senior Vice President Development and Chief Financial Officer$337,251June 30, 2018
█████ ████████Vice President and Chief Financial Officer-March 25, 2018
███████ ██████Vice President Investments and Chief Information Officer$479,896June 30, 2018
████ █ ████████Vice President Technology and Facilities$166,636June 30, 2018
█████ ████████Senior Exec Dir of Priority Initatives and Principal / Vice President Development$176,566June 30, 2018
████ ██████Vice President for Talent and Culture-March 25, 2018
████ █████Dean , School of Medicine , and Executive Dean and Vice President for Health Sciences-March 25, 2018
...and 20 more key personnel

Peer organizations supporting a single school or educational institution

 NameTypeRevenueLocation
1University of New Mexico Foundation501(c)(3)$52 millionAlbuquerque, NM
2California State University Fresno Foundation501(c)(3)$78 millionFresno, CA
3University of Virginia Darden School Foundation501(c)(3)$59 millionCharlottesville, VA
4NDSU Foundation and Alumni Association501(c)(3)$57 millionFargo, ND
5Aztec Shops501(c)(3)$48 millionSan Diego, CA
6Cal Poly Corporation501(c)(3)$74 millionSan Luis Obispo, CA
7The University of Tennessee Foundation501(c)(3)$161 millionKnoxville, TN
8University of Iowa Center for Advancement501(c)(3)$155 millionIowa City, IA
9UND Alumni Association and Foundation501(c)(3)$38 millionGrand Forks, ND
10California State University, Northridge (CSUN)501(c)(3)$44 millionNorthridge, CA
11University of Central Florida Foundation501(c)(3)$72 millionOrlando, FL
12Oregon State University Foundation501(c)(3)$139 millionCorvallis, OR
13University of Rhode Island Foundation501(c)(3)$41 millionKingston, RI
14The University of Toledo Foundation501(c)(3)$60 millionToledo, OH
15San Diego State University Foundation SDSU Research Foundation (SDSURF)501(c)(3)$170 millionSan Diego, CA
16Evans Scholars Foundation501(c)(3)$43 millionGolf, IL
17University of Connecticut Foundation501(c)(3)$68 millionStorrs, CT
18Iowa State University Foundation501(c)(3)$224 millionAmes, IA
19The Ohio University Foundation501(c)(3)$47 millionAthens, OH
20University of Vermont and State Agricultural College Foundation501(c)(3)$58 millionBurlington, VT
21The Florida State University Foundation501(c)(3)$63 millionTallahassee, FL
22LSU Foundation501(c)(3)$68 millionBaton Rouge, LA
23University of Hawaii Foundation501(c)(3)$67 millionHonolulu, HI
24The University of Cincinnati Foundation501(c)(3)$123 millionCincinnati, OH
25Florida Atlantic University Foundation (FAUF)501(c)(3)$39 millionBoca Raton, FL

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