West Virginia University Foundation
West Virginia University Foundation
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About this organization
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.
About
The West Virginia University Foundation solicits, invests and administers private support on behalf of WVU. In fiscal year 2023 between July 1, 2022 - June 30, 2023, the Foundation received $163.7 million from 42,450 gifts made by 20,894 donors. The Foundation annually provides direct support to the University for many purposes, including scholarships and fellowships; academic program development; chairs and professorships; faculty development and research; equipment and facilities; and libraries.
Interesting data from their 2019 990 filing
The purpose of the non-profit, as set forth in the filing, is “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 non-profit affiliated organizations.”.
When discussing its purpose, they were characterized as: “To support and benefit west virginia university and its affiliated organizations.”.
- The state in which the non-profit is legally authorized to operate is WV, as reported.
- The filing confirms that the non-profit's address in 2019 was ONE WATERFRONT PLACE, MORGANTOWN, WV, 26507.
- The form of the non-profit reports 204 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $7,098,377.
- The organization has 28 independent voting members.
- The organization was formed in 1954.
- The organization pays $32,630,920 in salary, compensation, and benefits to its employees.
- The organization pays $9,014,065 in fundraising expenses.
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