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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education West Virginia University Foundation Inc.

West Virginia University Foundation Inc.

Fiscal year ending 2024. Filed on May 7, 2025.

One Waterfront Place 7th Floor
18th Floor
Morgantown, West Virginia 26507

West Virginia University Foundation Inc. (EIN: 55-6017181) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, West Virginia University Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 191 total employees. Among the employees shown here, the average compensation is $461,523. The highest compensated employee at West Virginia University Foundation Inc. is Richard Kraich with fiscal year 2024 compensation of $1,049,686.

Revenue, expenses, and employee compensation

Revenue

$242,493,810

Expenses

$153,932,427

Employee compensation

$62,797,193
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Kraich
Vice President Investments, CIO
$1,049,686
$993,088 No related comp$56,598
Cynthia L Roth
President and Chief Executive Officer
$885,623
$750,740 No related comp$134,883
Bernard J Davisson II
Senior Vice President Development, CDO
$532,791
$476,193 No related comp$56,598
Jennifer Cunanan
Assoc Vice President, Investments
$507,932
$440,801 No related comp$67,131
Michael E Augustine
Coo/Cfo, Treasurer
$482,054
$425,456 No related comp$56,598
Kaylon McInelly
Assoc Vice President, Investments
$393,320
$342,689 No related comp$50,631
Jeffrey Schoenherr
Assoc Vice President, Medical Development
$301,743
$246,180 No related comp$55,563
Charles Kerzak
Seniorassociatevp, Universitydevelopment/ Campaignmanagement
$298,598
$240,683 No related comp$57,915
Timothy Bolling
Sr. Assoc Vice President, Leadership Philanthropy
$297,225
$244,254 No related comp$52,971
Melissa L Simpson
Assistant Treasurer
$202,550
$178,924 No related comp$23,626
Jessica M Burns
Board Admin, Exec to Ceo/Asst. Board Sec
$125,228
$94,125 No related comp$31,103

Benchmark Employee Compensation

Non-Employee Board Members

Alan J Zuccari
Director
Alexis Pugh
Director
Bradford Ritchie
Director
David S Santee
Director
George Bicher
Director
George S Weaver III
Director
J Wayne Richards
Vice Chair
Jane McNeer
Director
Jo Ann Shaw
Director
Kerri Knotts
Director
Kevin Given
Director
Kevin K Sidow
Director

Contractors

Clayton Dubilier & Rice LLC
Investment Manager
$884,334
Hudson Bay Capital Management LP
Investment Manager
$531,461
Ruffalo Noel Levitz LLC
Fundraising
$485,827
Carlyle Group
Investment Manager
$482,021
Morgantown Marriott
Event
$442,738

Mission Statement

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.

Revisions to this organization profile

May 7, 2025:
2024 West Virginia University Foundation Inc. 990 filed
April 4, 2024:
2023 West Virginia University Foundation Inc. 990 filed
March 16, 2023:
2022 West Virginia University Foundation Inc. 990 filed

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